What does farming Variational cost in fees?

At 5 bps taker, pushing $100,000 of volume round trip costs roughly $100. Trading through a referral link usually reduces that, which directly improves the cost per point.

What does farming Variational cost in fees?

At 5 bps taker, pushing $100,000 of volume round trip costs roughly $100. Trading through a referral link usually reduces that, which directly improves the cost per point.

Variational airdrop

Q: Is Variational Tier C?

Variational scores 51/100, which places it in Tier C. Program is 87% elapsed — most of the point supply is already allocated, so treat this as a late entry rather than a farm.

Points liveOfficial intentArbitrum

Variational runs an RFQ-based Omni perp venue on Arbitrum and has been distributing Omni Points since December 2025. Roughly half of supply is earmarked for the community and a Dragonfly-led round keeps TGE expectations high, but neither a date nor a ticker has been announced.

Trade on Variational Official site ↗

Farm score

51/ 100 · Tier C

Program is 87% elapsed — most of the point supply is already allocated, so treat this as a late entry rather than a farm.

Reward size & density30%87

~$814,769 of estimated pool per $1M of daily venue volume

Entry window20%17

87% through a program that ends 2026-09-30

Airdrop credibility20%85

Docs commit to ending point distribution by the end of Q3 2026; no TGE date named.

Room to farm20%49

0.6x daily turnover on open interest

Fee efficiency5%56

5 bps taker → $100 per $100k round trip

Capital momentum

Live metrics

Volume 24h

$859.1M

-50.4% vs 24h ago

Open interest

$1.44B

-0.8% 24h · -4.1% 7d

Daily turnover

0.6x

Volume ÷ open interest. Above 4x signals farmer churn.

Reward pool est.

$700.0M

$1.40B est. FDV × 50%

Funding APR

—

No funding feed for this venue

Open interest, last 90 days

$1.01B → $1.44B

Program

Points accrue from traded notional and from providing liquidity to Omni pools.
Distribution is capped by the docs at end of Q3 2026, which is the closest thing to a snapshot deadline here.

Risks

No ticker or date announced; the '$VAR' symbol only exists in third-party trackers.
RFQ pricing means fills depend on market makers rather than a public book.

Variational airdrop FAQ

Does Variational have a confirmed airdrop?+

Variational is currently at the "Points live" stage with official intent credibility. Docs commit to ending point distribution by the end of Q3 2026; no TGE date named. The published community allocation is 50% of supply.

How much volume is competing on Variational right now?+

Variational traded $859.1M of notional in the last 24 hours against $1.44B of open interest — turnover of 0.6x per day. Open interest is -4.1% over the last week, which is the cleanest signal of whether real capital is arriving.

Keep going

Farming Variational is one line in a portfolio

The screener ranks every venue side by side, and the guides cover the mechanics of turning volume into allocation without taking market risk.

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