New announcement from 0xmgb in Discord:

Welcome back to our biweekly update!

**Product**
* There was no new major release over the past two weeks. We had a release planned for 2/5/26, but chose to delay it to 2/9/26 due to extreme volatility and abnormally high platform usage.

**Community**
* Points distributions [7](<https://x.com/variational_io/status/2017026646793212362>) and [8](<https://x.com/variational_io/status/2019564755674099893>) have been completed.
* Growing usage on Omni has pushed the Variational Protocol to be the [top gas spender on Arbitrum](<https://x.com/variational_io/status/2016319135500902701>).
* Community members are organizing and hosting a [Variational meetup at Consensus Hong Kong](<https://x.com/variational_io/status/2018742485170942190>).
* We shared an update on revenue, with Omni [surpassing $4.4M in revenue over ~1 month](<https://x.com/variational_io/status/2019103327863337406>).
* [@tradinghoe](<https://x.com/tradinghoex>) released a writeup [highlighting Variational as the perps endgame](<https://x.com/variational_lvs/status/2016366886674714805>).
* The Variational team has grown to [13 members](https://x.com/variational_lvs/status/2014463798212747719).


**Metrics**
* *Key Metrics*
* Total Volume Traded: $151.54B
* Current Dual-Sided OI: $590.76M
* TVL (Excludes Some OLP Hedging Accounts): $110.19M
* Total Tokens Currently Listed: 477
* *Rewards Metrics*
* Total Rewards Claimed: $5,869,951
* Total Losses Refunded: $4,013,508
* Total Referral Rewards Claimed: $1,856,443
* *User Metrics*
* Daily Active Users (avg. over past week): 11,504
* Weekly Active Users: 22,380
* *Revenue Metrics*
* 2w Revenue: $1,732,280
* Average Daily Revenue: $123,734
* Revenue Directed to OLP: $927,837
* Revenue Directed to Loss Refund Pool: $324,614
* Revenue Directed to Referral Rewards Pool: $155,215
* Revenue Directed to Protocol Treasury: $324,614
* Total OLP PnL: $11,728,486

Thank you for your support @everyone! Our team is excited for upcoming releases, which include mobile improvements, UI improvements, RWA listings, and more.