We saw more exponential growth over the past two weeks, breaking new all time highs in nearly all metrics.
HIGHLIGHTS
* We released some initial information on the $VAR token to incredibly positive reception. The announcement got 3.8k likes and 2.7M views on X.
* We hit a new ATH in 24h volume ($4b+) and open interest ($2.2B+)
* Our swaps trading competition concluded with
* We've resumed swaps listings, including two (Taiwan Index and Cocoa) that aren't tradable anywhere else on-chain. Many more swaps queued up for the next two weeks.
* Lucas went on Bankless.
CORE METRICS
* Total Volume Traded: $378.54B (2W volume +84.10%)
* Current Dual-Sided OI: $2.13B (+16.39%)
* TVL (Excludes OLP Hedging Accounts): $298.28M (+26.33%)
* Total Markets Currently Listed: 560
REVENUE
* 2w Spreads Paid (Gross Revenue): $7,372,480 (+61.29%)
* 2w Net Revenue: $3,383,789 (+36.47%)
* 2w Referral Rewards: ($337,984) (+59.57%)
* 2w Net Profit: $3,045,805 (+34.31%)
* 2w Protocol Treasury Inflows: $1,474,496 (+61.29%)
* 2w OLP PnL: $1,571,309 (+16.09%)
* Lifetime OLP PnL: $21,358,678
* Current Protocol Treasury Holdings: 9,758,014 USDC
UPCOMING
* More markets not listed anywhere else on-chain (including China Index, Volatility Index, Dollar Index, FX pairs, and more).
* Continued TGE work to hit our Q4 commitment.
* We expect to begin our roll out of the Omni trading API to whitelisted users within the next two weeks.
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