星球日报|10月 21, 2026 01:33
**[Variational Founder Reveals Pro Version Details: Targeting Institutional OTC Derivatives Market]**
Odaily Planet Daily News – Variational founder and CEO Lucas Schuermann participated in an X Space event hosted by The Rollup founder Andy last night, where Lucas disclosed some details about Variational Pro. The community summarized the key points as follows:
1. **Variational Pro will focus on the institutional-grade OTC derivatives market**, covering options, interest rates, foreign exchange (FX), and structured products. OTC derivatives represent one of the largest financial markets globally, with a notional outstanding value of approximately $850 trillion, while the open interest in Bitcoin derivatives is around $100 billion. Although the statistical methodologies differ, the scale disparity is evident.
2. **The business scale of Variational Pro is expected to surpass that of Variational Omni.** Traditional OTC derivatives trading methods remain outdated (requiring phone calls to bank trading desks for quotes, manual price negotiations, repeated back-and-forth contract exchanges, collateral and counterparty risk management, and manual clearing and settlement processes). Variational Pro aims to automate these processes through multi-dealer Request for Quote (RFQ), smart contracts, and stablecoin settlements.
3. **Some of Variational Pro's trading tools (including options) may eventually be made available to retail users on Variational Omni.** Currently, Variational has partnered with several mainstream institutional partners, and large clients are expected to onboard Variational Pro soon.
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