Aditya

यत्र तत्र सर्वत्र महादेव 🔱
learning @pendle_fi
@MezoNetwork

[Aditya @aditya23eth]

Variational's recent performance has been genuinely impressive with daily volume going past above $1.5B and OI above $950M.

And guess what The most interesting part isn't the current numbers, it's what happens if TradFi assets become a major part of the platform 👀

New categories will add more participants which will eventually lead to new ath daily volumes and higher Open Interest ( generally leads to deeper liquidity )

Still early and team is executing at a very high level, excited to see what happens when TradFi perps scale.

Keep accumulating 👀🫀

[Variational @variational_io]

Welcome back to the Variational biweekly update!

PRODUCT
➡️ The most recent mainnet release was v0.17.4.
➡️ Enabled Phase 1 listings of equities and commodities.
➡️ Added mobile QR sign-in.

METRICS
➡️ Total Volume Traded: $244.2B
➡️ Current Dual-Sided OI: $858.6M
➡️ TVL (Excludes OLP Hedging Accounts): $137.8M
➡️ Total Markets Currently Listed: 478
➡️ Total Rewards Claimed: $7,238,105
➡️ Total Losses Refunded (Sunset): $4,559,196
➡️ Total Referral Rewards Claimed: $2,678,909
➡️ Daily Active Users (avg. over past week): 10,858
➡️ Weekly Active Users: 19,456
➡️ 2w Spreads Paid (Gross Revenue): $4,332,160
➡️ 2w Market Making Costs (Cost of Revenue): ($2,156,274)
➡️ 2w Net Revenue: $2,175,886
➡️ 2w Rewards: ($209,668)
➡️ Referral Rewards: ($209,668)
➡️ 2w Net Profit: $1,966,218
➡️ Protocol Treasury: $866,432
➡️ OLP PnL: $1,099,786
➡️ Lifetime OLP PnL: $14,494,830
➡️ Current Protocol Treasury Holdings: 3,400,937 USDC

Thank you for your continued trust and support!

[Aditya @aditya23eth]

@alyosha_kara

[Aditya @aditya23eth]

@baeincrypto Ahh then flow with trezor... That's also too smooth:))

[Aditya @aditya23eth]

@variational_io Moooreee

[Variational @variational_io]

Cerebras Systems $CBRS, Marvell Technology $MRVL, and Nebius Group $NBIS perps are now live with zero fees and up to 20x leverage.

These markets bring Variational to 26 new RWA listings over the past 22 days.

[Variational @variational_io]

South Korea ETF $EWY and Japan ETF $EWJ perps are now live with zero fees and up to 20x leverage.

[Aditya @aditya23eth]

@AartiTikka 😭🤣

[Variational @variational_io]

With Phase 1 equity and index listings enabled alongside commodities and pre-markets, any RWA market with crypto-native liquidity is now eligible for listing on Variational.

[Aditya @aditya23eth]

@defi_judy @nikaoverone @inverseducc We goinn for mooree juudaaa

[Aditya @aditya23eth]

Variational's recent performance has been genuinely impressive with daily volume going past above $1.5B and OI above $950M.

And guess what The most interesting part isn't the current numbers, it's what happens if TradFi assets become a major part of the platform 👀

New categories will add more participants which will eventually lead to new ath daily volumes and higher Open Interest ( generally leads to deeper liquidity )

Still early and team is executing at a very high level, excited to see what happens when TradFi perps scale.

Keep accumulating 👀🫀

[Aditya @aditya23eth]

@AwperX Keep accumulating 🫀

[Variational @variational_io]

The first equity and index perps are now live on Variational, powered by aggregated crypto-native liquidity.

Trade $TSLA, $INTC, $SOXL, $US500, and $QQQ with up to 50x leverage and zero fees.

[Aditya @aditya23eth]

@VKodipunjula @defi_judy @nikaoverone @inverseducc Accumulating mooree

[Aditya @aditya23eth]

@Nymph9406 @defi_judy @nikaoverone @inverseducc My quant said we goinn for a 3b launch

[Aditya @aditya23eth]

@jixpty @defi_judy @nikaoverone @inverseducc Taps>> adi

[Aditya @aditya23eth]

@variational_io Var summer is here 🫀

[Variational @variational_io]

For week 25 of the Omni points program, 150,000 points were distributed across 29,854 accounts.

[Aditya @aditya23eth]

@variational_io Excited asf to see what happens when TradFi perps scale 👀
https://t.co/FCyxEF1orX

Variational summer 😚

[Aditya @aditya23eth]

Variational's recent performance has been genuinely impressive with daily volume going past above $1.5B and OI above $950M.

And guess what The most interesting part isn't the current numbers, it's what happens if TradFi assets become a major part of the platform 👀

New categories will add more participants which will eventually lead to new ath daily volumes and higher Open Interest ( generally leads to deeper liquidity )

Still early and team is executing at a very high level, excited to see what happens when TradFi perps scale.

Keep accumulating 👀🫀

[Variational @variational_io]

https://t.co/I83mgYbiRp