New announcement from 0xmgb in Discord:

Welcome back to our Variational biweekly update!

Product
• The most recent mainnet release was v0.13.5.
◦ Added reverse position button.
◦ Launched trading competition #1.
◦ Miscellaneous improvements to CSV exports.

Community
• Points distributions 17 and 18 have been completed.
• The first Omni trading competition is only hours away from ending! We have another one planned to begin shortly after.
• A small meetup was hosted with Korea-based Variational traders. Variational co-founder Lucas attended to speak to attendees.
• Variational has the most markets listed of all on-chain trading platforms.
• Variational co-founder @ mr_plumpkin shared an example of how trading through a broker model like Omni can protect traders.
• Omni has officially crossed $200B in lifetime trading volume.


Metrics
• Key Metrics
◦ Total Volume Traded: $204.20B
◦ Current Dual-Sided OI: $733.95M
◦ TVL (Excludes Some OLP Hedging Accounts): $113.67M
◦ Total Tokens Currently Listed: 459
• Rewards Metrics
◦ Total Rewards Claimed: $6,799,825
◦ Total Losses Refunded (Sunset): $4,559,196
◦ Total Referral Rewards Claimed: $2,240,629
• User Metrics
◦ Daily Active Users (avg. over past week): 8,259
◦ Weekly Active Users: 15,013
• Revenue Metrics
◦ 2w Spreads Paid (Gross Revenue): $1,563,380
◦ 2w Market Making Costs (Cost of Revenue): ($966,025)
◦ 2w Net Revenue: $597,355
◦ 2w Rewards: ($75,856)
◦ Referral Rewards: ($75,856)
◦ 2w Net Profit: $521,499
◦ Protocol Treasury: $312,676
◦ OLP PnL: $208,823
◦ Lifetime OLP PnL: $12,760,531

As always, thank you for your trust and support @ everyone!