On-chain Derivatives Protocol Variational Launches Public Mainnet

The on-chain derivatives protocol Variational has launched its public mainnet, and registration no longer requires an invitation code. The Omni private testing phase will end in January 2025. Currently, the platform has over $1.5 billion in open contracts and a cumulative trading volume exceeding $450 billion, supporting more than 550 traditional finance and cryptocurrency markets, with zero trading fees. Lucas Schuermann, the founder and CEO of Variational, stated that the team is still on track to advance the TGE within the year.

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