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 2/7/26 due to volatility and high platform usage. METRICS ➡️ Total Volume Traded: $151.54B ➡️ Current Dual-Sided

For week 8 of the Omni points program, 150,000 points were distributed across 24,929 accounts.

As we finalize the breakdown of revenue between OLP, loss refunds, referral rewards, and the protocol treasury, we look forward to providing more real-time options for tracking Omni's revenue. Thank you for your continued support! 3/3

On January 22, our test implementation of the protocol treasury went live, initially directing 10% of spreads to an on-chain treasury wallet. Since then, the treasury wallet has accumulated over $290K. Track it on-chain on @arbitrum: https://t.co/07OTwpJvBC 2/

Omni Revenue Update: From December 26 to January 23, Omni generated ~$4.4M in revenue (average of ~$150K/day). ➡️ $3.2M was directed to OLP. ➡️ $824K was directed to loss refunds. ➡️ $394K was directed to referral rewards. 1/🧵

Note that this event is organized and run completely by Variational community members; no core team members will be in attendance. See full details and RSVP via Luma 👇 https://t.co/HXJYJK0bqZ

If you're in Hong Kong for Consensus, swing by the community-run Variational meetup to meet other traders and win prizes like trading credit and tier boosts.

To find which tokens to put in the retail sentiment index, we take all tokens with $1M+ in retail (non-OLP) open interest, and find the three with the highest % of OI that is long and the three with the highest % of OI that is short.

Weekly Omni Retail Sentiment Index: Today, traders on Omni are long $LTC, $AAVE, & $PUMP and short $STABLE, $WLFI, & $SOL. OI is currently 59% Long / 41% Short.

For week 7 of the Omni points program, 150,000 points were distributed across 29,454 accounts.

Data sourced from @EntropyAdvisors' Arbitrum One dashboard: https://t.co/hrSvkJMvQq

Omni is now the largest protocol by gas spending on @arbitrum, accounting for over 7% of all gas spent on Arbitrum One over the past 30 days.

These tokens were listed ~5 minutes ago. Listing ≠ endorsement. Do your own research and trade with caution. https://t.co/PLJH3k9aro https://t.co/tZqL1gVeYN

By community request, both $SKR and $RIVER have been listed on Omni. Trade with up to 50x leverage, zero fees, and loss refunds.

To find which tokens to put in the retail sentiment index, we take all tokens with $1M+ in retail (non-OLP) open interest, and find the three with the highest % of OI that is long and the three with the highest % of OI that is short.

Weekly Omni Retail Sentiment Index: Today, traders on Omni are long $PUMP, $LTC, & $XPL and short $MYX, $WLFI, & $STABLE.

We're excited to report new 2w revenue all-time-highs in this 1/23/26 biweekly update: PRODUCT ➡️ The most recent mainnet release was v0.8.0. ➡️ Complete rework of rewards page and tiers progression display. ➡️ “Close all” button for positions. ➡️ Performance enhancements to

Today, a new release was pushed to Omni that included: ➡️ A brand-new look for the rewards page and reward tiers. ➡️ A close-all button for positions. ➡️ Performance improvements for real-time data. See Discord for full release notes!

For week 6 of the Omni points program, 150,000 points were distributed across 31,238 accounts.

To find which tokens to put in the retail sentiment index, we take all tokens with $1M+ in retail (non-OLP) open interest, and find the three with the highest % of OI that is long and the three with the highest % of OI that is short.