Official data shows that on-chain derivatives protocol Variational has pushed its open interest above $2 billion. The company said more than one-third of that open interest comes from traditional markets. The update was disclosed through Variational’s official channel and points to the protocol’s current scale in derivatives activity. No additional breakdown or timeframe was provided in the source material beyond the headline figures. The figures cited in this report are limited to the information released by the project.
Official data shows that on-chain derivatives protocol Variational has recorded more than $2 billion in open interest.
More than one-third of that open interest comes from traditional markets, according to the project’s official disclosure.
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