On-chain derivatives protocol Variational has concluded its private Omni test and officially opened its public mainnet. Registration no longer requires an invitation code. The protocol launched its private test on Arbitrum in January 2025. It currently has over $1.5 billion in open interest and cumulative trading volume exceeding $450 billion, supports more than 550 traditional finance and crypto markets, and offers zero trading fees.

More notably, founder Lucas Schuermann previously said the team is still on track to hold its TGE this year. The full opening of the mainnet may be a key step before its tokenomics go live. Users interested in experiencing multi-asset, zero-fee on-chain derivatives can participate directly now, but should remain mindful of smart contract risks and market volatility.

#DeFi #链上衍生品 #Arbitrum