a busy man “VILLAIN ARC”

Nothing | Everything

[a busy man “VILLAIN ARC” @mr___uo]

@variational_io Yet to see another team shipping at this rate. This is how you know those who mean business.

@variational_io is on another level.

[Variational @variational_io]

Sign in with mobile is now live on Omni.

[a busy man “VILLAIN ARC” @mr___uo]

@variational_io @corgil We are still early on this gem. Get in.

[Variational @variational_io]

https://t.co/I83mgYbiRp

[Variational @variational_io]

Welcome back to another Variational biweekly update!

PRODUCT
➡️ The most recent mainnet releases were v0.17.2 and v0.17.3.
➡️ Listed initial RWA markets.
➡️ Added categories for crypto and TradFi markets.
➡️ Launched the first RWA trading competition.

METRICS
➡️ Total Volume Traded: $229.8B
➡️ Current Dual-Sided OI: $992.75M
➡️ TVL (Excludes Some OLP Hedging Accounts): $122.77M
➡️ Total Tokens Currently Listed: 465
➡️ Total Rewards Claimed: $7,042,844
➡️ Total Losses Refunded (Sunset): $4,559,196
➡️ Total Referral Rewards Claimed: $2,483,648
➡️ Daily Active Users (avg. over past week): 10,805
➡️ Weekly Active Users: 20,082
➡️ 2w Spreads Paid (Gross Revenue): $2,243,040
➡️ 2w Market Making Costs (Cost of Revenue): ($1,272,376)
➡️ 2w Net Revenue: $970,664
➡️ 2w Rewards: ($107,553)
➡️ Referral Rewards: ($107,553)
➡️ 2w Net Profit: $863,111
➡️ Protocol Treasury: $448,608
➡️ OLP PnL: $414,503
➡️ Lifetime OLP PnL: $13,395,044
➡️ Current Protocol Treasury Holdings: 2,522,857 USDC

As always, our team is grateful for the continued trust and support!

[a busy man “VILLAIN ARC” @mr___uo]

@variational_io @dragonfly_xyz Was never in doubt where this team are headed 🚀

[Variational @variational_io]

We’ve raised $50M led by @dragonfly_xyz to go all in on RWAs and bring TradFi liquidity on-chain.

Today, we're launching Phase 1 of our RWA rollout to stress-test our infrastructure before bringing 100+ TradFi markets on-chain this summer.

[a busy man “VILLAIN ARC” @mr___uo]

A16z raises $2.2 billion crypto fund to invest in projects linking crypto with AI & traditional finance.

[Variational @variational_io]

https://t.co/FiGmhI5YSy

[a busy man “VILLAIN ARC” @mr___uo]

@Polymarket @ArAIstotle fact check

[a busy man “VILLAIN ARC” @mr___uo]

@Kalshi @ArAIstotle fact check

[a busy man “VILLAIN ARC” @mr___uo]

@WatcherGuru @ArAIstotle fact check

[a busy man “VILLAIN ARC” @mr___uo]

@WatcherGuru @ArAIstotle fact check

[a busy man “VILLAIN ARC” @mr___uo]

Been here before, sort of know this feeling.

If history is anything to go by then this too shall pass and the sky will be blue again.

Stay in love.

[a busy man “VILLAIN ARC” @mr___uo]

@Legendaryy @ArAIstotle fact check

[a busy man “VILLAIN ARC” @mr___uo]

@spectatorindex @ArAIstotle fact check

[a busy man “VILLAIN ARC” @mr___uo]

@Polymarket @ArAIstotle fact check

[a busy man “VILLAIN ARC” @mr___uo]

@WatcherGuru @ArAIstotle fact check

[a busy man “VILLAIN ARC” @mr___uo]

@Polymarket @ArAIstotle fact check

[a busy man “VILLAIN ARC” @mr___uo]

@unusual_whales @ArAIstotle fact check