Variational

We’re hosting a trading competition on Omni with over $20,000 in prizes! The competition will rank users based on their PnL and volume, using a new in-app leaderboard. Keep reading to see rules & prizes 👇

Welcome back to another Variational biweekly update! PRODUCT ➡️ The most recent mainnet releases were v0.12.1 and v0.13.5. ➡️ Added CSV downloads. ➡️ Sunset loss refunds. ➡️ Added reverse position button. ➡️ Added new leaderboard for trading competitions. METRICS ➡️ Total Volume Traded: $197.28B ➡️ Current Dual-Sided OI: $637.77M ➡️ TVL (Excludes Some OLP Hedging Accounts): $108.52M ➡️ Total Tokens Currently Listed: 462 ➡️ Total Rewards Claimed: $6,728,461 ➡️ Total Losses Refunded (Sunset): $4,559,196 ➡️ Total Referral Rewards Claimed: $2,169,265 ➡️ Daily Active Users (avg. over past week): 10,243 ➡️ Weekly Active Users: 16,902 ➡️ 2w Spreads Paid (Gross Revenue): $1,556,120 ➡️ 2w Market Making Costs (Cost of Revenue): ($717,916) ➡️ 2w Net Revenue: $838,204 ➡️ 2w Rewards: ($122,261) ➡️ Loss Refunds (Sunset): ($47,134) ➡️ Referral Rewards: ($75,127) ➡️ 2w Net Profit: $715,943 ➡️ Protocol Treasury: $263,048 ➡️ OLP PnL: $452,895 ➡️ Lifetime OLP PnL: $12,551,708 As always, we appreciate your trust and support!

The competition will start at 4/4/26 0:00 UTC, and end at 4/18/26 0:00 UTC. Read the full details of the competition (including terms and conditions) in the docs: docs.variational.io/omni/trading-c… The competition leaderboard can be found at omni.variational.io/competition. Happy trading!

We’re hosting a trading competition on Omni with over $20,000 in prizes! The competition will rank users based on their PnL and volume, using a new in-app leaderboard. Keep reading to see rules & prizes 👇

For week 16 of the Omni points program, 150,000 points were distributed across 24,106 accounts.

Trade $STO perps on Omni with zero fees and up to 50x leverage: omni.variational.io/perpetual/STO Always do your own research and trade responsibly.

JUST IN: StakeStone $STO has pumped over 200% in 24 hours, despite no public news. $STO OI on Omni is currently 4% long / 96% short.

Trade $ALGO perps on Omni with zero fees and up to 50x leverage: omni.variational.io/perpetual/ALGO Always do your own research and trade responsibly.

NEW: Algorand $ALGO climbs 20% after citation in Google quantum research paper.

This token was listed ~6 hours ago. Listing ≠ endorsement. Do your own research and trade with caution. omni.variational.io/perpetual/EDGE

$EDGE is now tradable on Omni! Go long or short with zero fees and up to 50x leverage.

Watch: youtube.com/watch?v=mWGeUr…

Variational was recently highlighted on the @Arbitrum YouTube channel! Watch below 👇

This token was listed ~5 minutes ago. Listing ≠ endorsement. Do your own research and trade with caution. omni.variational.io/perpetual/BASED

$BASED is now tradable on Omni! Go long or short with zero fees and up to 50x leverage.