On November 11, 2026, Foresight News reported that on-chain derivatives protocol Variational had ended the private test phase of Omni and opened its mainnet to the public. Registration no longer required an invitation code.
Variational began Omni’s private mainnet test on Arbitrum in January 2025. According to the report, the platform had more than $1.5 billion in open interest and over $450 billion in cumulative trading volume, supported more than 550 traditional-finance and cryptocurrency markets, and charged zero trading fees.
Open interest measures outstanding positions, while cumulative volume measures trading over time. Neither figure, on its own, establishes protocol revenue or value accruing to a token. The report supplied no valuation inputs or token-accrual details from which to draw that conclusion.
Foresight News also referred to an earlier statement by Variational founder and CEO Lucas Schuermann that the team remained on track for a token generation event within 2026. The report did not say that the event had occurred.
Original report: Foresight News, published November 11, 2026, at 23:32 (UTC+8).