"Rebuilding from scratch to compete is a hell of a lot harder than just porting trillions of dollars [in existing TradFi liquidity] on-chain ... The model of order books on-chain necessitates rebuilding liquidity, not porting it over, not aggregating it."
- @variational_lvs
Variational is the best place to trade traditional markets in size.
Slippage on $1M swap orders:
➡️ US100: 0.004%
➡️ US500: 0.008%
➡️ XAU: 0.020%
➡️ USOIL: 0.040%
➡️ UKOIL: 0.043%
➡️ TWI: 0.025%
All-in execution costs at $1M size are lower than fees alone on most traditional exchanges.
@virtualbacon Start now, if price go lower, great you buy more, if price go higher - great that you already bought. We are just one month away from BTC cycle end.
Execution costs on swaps are lower than the most liquid TradFi perp venues at every order size.
At large order sizes, swaps are up to 8 times cheaper to trade.
After the initial liquidity improvements on $XAU enabled by OLP's first TradFi hedging partners, Variational is the cheapest place to trade gold in size on-chain.
Next, we'll be bringing more TradFi liquidity on-chain for more assets with the introduction of swaps.