Share Your Omni PnL Card And Win USDC!
IntroductionLast month, we released PnL cards on the Omni Mainnet Private Beta. This feature allows users to quickly generate and share images that summarize their trades. Variational @variational_io A new release was pushed to mainnet today! Added PnL cards Leverage increases on 17 markets Improvements to chart loading times 49 8:20 PM • Jun 5, 2025 To celebrate, we’re hosting a PnL card competition with 1,000 USDC in prizes. Keep reading to understand the rules and how to win!TimelineThe co...
Share Your Omni PnL Card And Win USDC!
IntroductionLast month, we released PnL cards on the Omni Mainnet Private Beta. This feature allows users to quickly generate and share images that summarize their trades. Variational @variational_io A new release was pushed to mainnet today! Added PnL cards Leverage increases on 17 markets Improvements to chart loading times 49 8:20 PM • Jun 5, 2025 To celebrate, we’re hosting a PnL card competition with 1,000 USDC in prizes. Keep reading to understand the rules and how to win!TimelineThe co...
Referrals Are Now Live On The Omni Mainnet Private Beta
IntroductionAfter a few busy months of shipping new features and refining the Omni Mainnet Private Beta, we’re excited to share that referrals are now enabled for everyone on the platform. All users are now able to generate their own unique referral code and start onboarding friends after meeting a volume requirement.How Omni’s Referrals WorkAt a high level, referrals on Omni function similarly to other referral programs: once you obtain a referral code, you can invite new users through your ...
Referrals Are Now Live On The Omni Mainnet Private Beta
IntroductionAfter a few busy months of shipping new features and refining the Omni Mainnet Private Beta, we’re excited to share that referrals are now enabled for everyone on the platform. All users are now able to generate their own unique referral code and start onboarding friends after meeting a volume requirement.How Omni’s Referrals WorkAt a high level, referrals on Omni function similarly to other referral programs: once you obtain a referral code, you can invite new users through your ...
How Request-For-Quote Trading Works on Omni
What is Request-For-Quote (RFQ) Trading?Request-For-Quote (RFQ) trading is a method of executing trades where traders request direct quotes from market makers instead of placing orders into a public orderbook. RFQ trading is common in traditional finance for instruments that are less liquid or more complex, such as bonds and structured products. RFQ is also commonly used for large block trades, even in liquid markets, to avoid slippage. Unlike an orderbook trading platform, where traders inte...
How Request-For-Quote Trading Works on Omni
What is Request-For-Quote (RFQ) Trading?Request-For-Quote (RFQ) trading is a method of executing trades where traders request direct quotes from market makers instead of placing orders into a public orderbook. RFQ trading is common in traditional finance for instruments that are less liquid or more complex, such as bonds and structured products. RFQ is also commonly used for large block trades, even in liquid markets, to avoid slippage. Unlike an orderbook trading platform, where traders inte...
Omni's Dynamic Funding Rates Explained
IntroductionFunding rates are a crucial mechanism for perpetual contracts, ensuring that the contract price tracks the underlying spot price. On Omni, funding rates play an even more significant role due to the design challenges of supporting such a wide variety of different markets. This article discusses how Omni’s dynamic funding rates work, and why they are needed.What Are Funding Rates?Funding rates are periodic payments exchanged between holders of long and short positions, designed to ...
Omni's Dynamic Funding Rates Explained
IntroductionFunding rates are a crucial mechanism for perpetual contracts, ensuring that the contract price tracks the underlying spot price. On Omni, funding rates play an even more significant role due to the design challenges of supporting such a wide variety of different markets. This article discusses how Omni’s dynamic funding rates work, and why they are needed.What Are Funding Rates?Funding rates are periodic payments exchanged between holders of long and short positions, designed to ...
How OLP Manages Risk
IntroductionThe Omni Liquidity Provider (OLP) plays a critical role in Omni's functionality, acting as the sole market maker on the platform. This unique position offers users many benefits, such as zero-fee trading and a wide range of tradable markets, including exotic and novel assets. However, it also means that OLP can accumulate risk as it takes the other side of trades. This article explores how OLP manages this risk to maintain a delta-neutral position and ensure the stability of ...
How OLP Manages Risk
IntroductionThe Omni Liquidity Provider (OLP) plays a critical role in Omni's functionality, acting as the sole market maker on the platform. This unique position offers users many benefits, such as zero-fee trading and a wide range of tradable markets, including exotic and novel assets. However, it also means that OLP can accumulate risk as it takes the other side of trades. This article explores how OLP manages this risk to maintain a delta-neutral position and ensure the stability of ...
