New announcement from 0xmgb in Discord:

Happy Friday Variants! We just hit $1b in total volume, and have a brand-new biweekly update for you:

**Product**
* The most recent mainnet release was [v0.1.47](<https://discord.com/channels/1196857788220067943/1338537927365492818/1398119095349809184>)
* Added auto-resize option that keeps TP/SLs open through partial liquidations or partial closes.
* Added “Trigger” dropdown setting for users to set TP/SLs to trigger based on the quoted price (previous functionality) or mark price (new default).
* Added information about liquidation penalties in UI.
* Updated PnL cards to display currently selected leverage instead of always showing max leverage for the market.
* Leverage increases: All CEX-listed markets now have at least 20x max leverage (majors still 50x).

**Community**
* Last week, we hit a new ATH in virtually every metric: users, volumes, OI, OLP PnL, and more. Check out Variational co-founder <@958831822773567548>’s [thoughts on the growth](<https://x.com/variational_lvs/status/1947207134053273705>)
* **We’ve officially hit $1B in total taker volume!** [Help us spread the word on Twitter](<https://x.com/variational_io/status/1948760459454415011>)!
* We hosted a second PnL card competition, this time just for members of the Variational Discord. Check out [the thread of the winners](<https://x.com/variational_io/status/1948457798871994538>).
* We joined in on the “Arbitrum Everywhere” fun [with a PFP change](<https://x.com/variational_io/status/1948050572264837449>)
* We did some math [showing how Omni is the cheapest place to trade a $5m BTC order](<https://x.com/variational_io/status/1947688795006242908>) (assuming base fees on other exchanges).
* Variational co-founder <@936805508898238494> shared some [behind-the-scenes metrics on Omni’s volume growth](<https://x.com/mr_plumpkin/status/1945846872783864055>).
* Pudgy Penguins [made us a Variational Pengu](<https://x.com/variational_io/status/1945876809381494927>)! 🐧
* We got our very own [spotlight page in the Arbitrum Ecosystem Portal](<https://x.com/variational_io/status/1944094420787404948>)
* If you want to trade Bitcoin on Binance for cheaper than on Omni, [you’d need to hold ~350k in BNB and trade >$600m/mo to get to their VIP Tier 4](<https://x.com/variational_io/status/1945164128626335753>).
* We are hiring to expand both our engineering and marketing teams. If you’ve had success working at a DeFi protocol before, contact us at hello@variational.io.

**Metrics**
* *# of new tokens listed in past 2 weeks:* 52
* *Total tokens currently listed:* 522
* *Total volume traded:* $1,022,683,265
* *Total trades placed:* 287,943
* *Total OLP PnL:* $515,038
* *OLP Yield (annualized from last 90d performance):* ~395%
* *Daily Active Users (avg over past week):* 296
* *Weekly Active Users:* 755

@everyone