Variational has been making quite a few moves since raising $50 million in funding. This time, the focus is on improving the liquidity and depth of the RWA perpetual markets, starting with gold, silver, and crude oil. Currently, there are two core products: 1. **Omni**: Designed for regular users, it aggregates liquidity from CEX, DEX, DeFi, and other channels, offering low spreads, better depth, and zero trading fees. 2. **Pro**: Tailored for advanced traders and institutional users, it provides customizable OTC derivatives trading. Perps are becoming more common, but in the future, the real scarcity won’t just be about putting assets on-chain or adding more trading pairs—it’ll be about real liquidity. People care more about how many users there are, whether it’s easy to use, if the spreads are low, and if the depth is sufficient... #crypto #DeFi #RWA