Variational’s Omni launches public mainnet, protocol open interest exceeds $1.5 billion.
20 minutes ago
On-chain derivatives protocol Variational built on Arbitrum announced that the private beta test of its trading platform Omni has concluded, and the public mainnet is now open, with no invitation code required for registration. Omni’s private beta launched in January 2025, initially open only to a small number of whitelisted addresses from the testnet and Discord waitlist. According to the official, after roughly 20 months of development, the protocol’s open interest has exceeded $1.5 billion, while cumulative trading volume has topped $450 billion. During the private beta, Variational made zero fees a permanent policy, launched a referral program and a points program, revised its interface twice, rolled out its first TradFi markets outside of crypto, and recently onboarded TradFi liquidity onto the chain via swaps. The platform now allows all users to trade more than 550 listed traditional and crypto assets on Omni.
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