Unlike elapid/crotalid venom, the purpose of the varanid venoms are as an aid to the teeth.
In other words, it's not to inject it into the bloodstream to kill the animal as a cobra or taipan would, but to cause blood loss and in general make the teeth more effective.
There used to be a thread on Kingsnake where Fry actually debated Dobry in regards to whether these animals should technically be classified as venomous (Fry took the "pro" side). In that thread Fry makes the point that the varanid venoms are an aid to the function of the teeth.