Variational logo

Variational

Season 1

Live market data and points intelligence for Omni — Variational’s zero-fee perpetuals venue with hundreds of crypto and real-world asset markets.

Live market data

Market Overview

Core numbers stay visible. Relative signals open on demand.

Open Interest

$1.38B

Current market exposure

24h Volume

$894.76M

Rolling 24 hours

7d Volume

$5.39B

-15.8%vs previous 7d

30d Volume

$26.43B

Rolling thirty days

Lifetime Volume

$34.77B

Tracked total

TVL

$141.69M

Protocol liquidity

Markets

530

Available listings

Total Raised

$61.8M ↗

Funding rounds

Loading live data
Historical Monitor

Volume & Open Interest

Volume

24h snapshots aligned to the UTC trading day they cover.

Daily volume
$434.5M$589.5M$744.5M$899.6M$1.1BJul 29, 26 · Daily volume: $1.05BJul 30, 26 · Daily volume: $861.62MJul 31, 26 · Daily volume: $500.92MAug 1, 26 · Daily volume: $544.78MAug 2, 26 · Daily volume: $784.96MAug 4, 26 · Daily volume: $906.31MAug 5, 26 · Daily volume: $894.76M$894.8MJul 29Jul 30Jul 31Aug 2Aug 4Aug 5

Current

$894.8M

Period average

$792.6M

Period peak

$1.1B

Open Interest

Period-end capital currently active in the market.

Period-end open interest
$1.2B$1.3B$1.3B$1.3B$1.4BJul 30, 26 · Period-end open interest: $1.27BJul 31, 26 · Period-end open interest: $1.24BAug 1, 26 · Period-end open interest: $1.27BAug 2, 26 · Period-end open interest: $1.26BAug 3, 26 · Period-end open interest: $1.31BAug 5, 26 · Period-end open interest: $1.38BAug 6, 26 · Period-end open interest: $1.38B$1.4BJul 30Jul 31Aug 1Aug 3Aug 5Aug 6

Current

$1.4B

Period average

$1.3B

Period peak

$1.4B

Points Farming

Community average

3.21 points

per $100K

Point estimate

$31

scenario value

Valuation: FDV 750M, 15% airdrop. Not a market price.

Distribution day

Friday

Points program window

Q4 2026

TGE estimate

Confirmed

Q4 2026

Community points examples

Community results vary with OI, hold time and weekly competition.

@givenoxbt

Oct 23, 2026

149 pts / $2.6M

5.73 pts per $100K

Crypto, TradFi and cocoa/oil swaps; pair trading; ~$600K OI; $1.3K funding income.

@0xpostrich

Oct 23, 2026

72 pts / $3.7M

1.95 pts per $100K

$620K reported OI; part of funds withdrawn; trading setup not restated.

@Zyak1991

Oct 23, 2026

5.8 pts / $340K

1.71 pts per $100K

Equity hedge via Arcus; 8–12h holds; no referral points.

@rob_inwoods

Oct 23, 2026

~29 pts / $5.01M

~0.58 pts per $100K

$1.6M crypto + $3.4M swaps + ~$10K TradFi; approximate results.

@mrlongverse

Oct 23, 2026

27 pts / $2.06M

1.31 pts per $100K

Mostly RWA, delta-neutral; $250K average OI; 48h+ holds.

@zamexyz

Oct 23, 2026

2.2 pts / $52K

4.23 pts per $100K

Described as genuine trading; setup not disclosed.

@mangusxbt

Oct 23, 2026

~2.6 pts / $30K

~8.67 pts per $100K

Pairs below $100K OI; held for a few minutes; approximate volume.

@PointsGoblin

Oct 23, 2026

1.3 pts / $180K

0.72 pts per $100K

Delta-neutral hedge with Lighter.

@testovsky_eth

Oct 23, 2026

~20 pts / $400K

~5.00 pts per $100K

~$15K deposit; 1–2x leverage; reported spread and OI-cap issues.

@EarnyfyHQ

Oct 23, 2026

0.32119 pts / $7.2K

4.46 pts per $100K

Trading setup not disclosed.

@Crypto_Bhavesh

Oct 23, 2026

1.2 pts / $200K

0.60 pts per $100K

Trading setup not disclosed.

@ShortTheShort

Oct 16, 2026

176.11 pts / $8.39M

2.10 pts per $100K

Trading setup and referral contribution not disclosed.

@Purplecheff

Oct 16, 2026

20.8 pts / $7M

0.30 pts per $100K

$15.5K reported OI; strategy change caused losses.

@yri911

Oct 16, 2026

28.2 pts / $2.4M

1.18 pts per $100K

COPP, USOIL, SOXL, COIN, MRVL; low-OI markets; DN; 12h+ holds; ~$100K OI.

@sam6170

Oct 16, 2026

2.22 pts / $109K

2.04 pts per $100K

Strategy adjustment mentioned; details not disclosed.

@givenoxbt

Oct 16, 2026

122 pts / $1M

12.20 pts per $100K

Funding arbitrage and pair trading; ~$550K OI; over $1K funding income.

@0xpostrich

Oct 17, 2026

84 pts / $4.5M

1.87 pts per $100K

Mostly RWA; delta-neutral with RISEx; $745K reported OI.

Best way to farm points

The strongest setup across the latest community reports.

Best markets

Low-OI RWA

XAG · COPPER · OIL · US100 · US500

Useful OI & hold

$10K–$40K

Keep positions open for 5–24h

Strong result

1.8–2.2 pts

per $100K · community average 1.61

Lower signal: SOL-only and TWI-heavy volume returned just0.53–0.73 pts per $100K.

03 / ACCESS

Fees & deposits

One chain, one collateral asset.

Maker fee

0.000%

Trading

Taker fee

0.000%

Trading

Transfer fee

$0.10

Deposit / withdrawal

Liquidation

0.50%

Penalty

Deposit method

Arbitrum USDC

Arbitrum One

Zero trading fees still leave spread, funding and slippage as real farming costs.

About the project

A vertically integrated venue for broad derivatives markets.

Variational provides the clearing infrastructure; Omni is the trader-facing application; OLP is the sole integrated liquidity provider and counterparty. The model lets Omni list roughly 500 crypto, RWA and emerging markets while returning part of spread revenue through rewards.

Sources: Variational Docs and public API; Variational’s official X account; linked community reports. Points rates and TGE valuation are estimates, not promises or financial advice.