Variational, a decentralized derivatives trading protocol, said its trading platform Omni has ended its private beta and launched its public mainnet. The company made the announcement in a post on X, as relayed by the Chinese-language outlet PANews on November 11.
According to Variational, registration on Omni no longer requires a referral code, effective immediately. Until now, access had depended on such codes during the invite-based testing period.
Figures reported by the project
Variational said Omni launched its private mainnet beta on Arbitrum in January 2025. According to the protocol, Omni now has open interest above $1.5 billion and cumulative trading volume above $450 billion. These numbers are self-reported, and PANews relays them without independent confirmation. They could not be independently verified.
Variational also said the platform supports more than 550 crypto and traditional finance markets and charges zero trading fees. It did not say, in the information available, whether the zero-fee policy is permanent or promotional.
VAR token plans
PANews noted that Variational had previously announced that the token generation event (TGE) for its VAR token is scheduled for the fourth quarter of this year, with 32% of the supply allocated to a genesis airdrop. The exact TGE date and the airdrop eligibility rules have not been detailed in the material reviewed.
What remains unknown
The report rests on a single first-party announcement. Open interest and volume figures have not been checked against on-chain data, and the terms of the fee model and the airdrop remain unclear. Readers should treat the performance claims as the project’s own until they are independently confirmed.
Sources
- panewslab.com PANews — Variational旗下Omni上线公共主网，未平仓合约超15亿美元 Accessed
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