Variational Review & Guide 2026
RFQ•Arbitrum
Variational is a unique perpetual DEX that uses an RFQ (Request for Quote) model instead of traditional orderbooks. This means there are no explicit trading fees - your cost is simply the spread quoted by the Omni Liquidity Provider (OLP). Backed by top-tier VCs including Bain Capital and Coinbase Ventures ($11.8M raised), Variational is allocating an impressive 50% of its VAR token supply to the community. Points are distributed every Friday at 00:00 UTC, and the platform offers tier-based boosts up to +5% for high-volume traders.
24h Volume
$1.96B
Open Interest
$962M
Markets
30
24h Change
+22.1%
Pros
- Zero explicit trading fees - cost is just the spread
- 50% of VAR tokens reserved for community - one of the highest allocations
- Backed by Bain Capital, Coinbase Ventures ($11.8M raised)
- Weekly points distribution every Friday at 00:00 UTC
- Tier system with up to +5% bonus for active traders
- 3M retroactive points already awarded to early users
Cons
- RFQ model may have wider spreads than CLOB during volatility
- Fewer markets (30) than competitors
- Less familiar trading UX for orderbook traders
- Spread costs can add up for large positions
Variational Trading Fees
Maker Fee
0%
Taker Fee
0%
Variational Airdrop Status
Status
PointsLiveToken
VAR
50% of $VAR supply reserved for community! 3M retroactive points distributed. Weekly points every Friday. Ends Q3 2026.
How to Trade on Variational
- 1Connect your wallet to Arbitrum network
- 2Deposit USDC into your Variational account
- 3Select a trading pair from available markets
- 4Request a quote (RFQ) for your desired trade size
- 5Review the quoted price and spread, then accept to execute
- 6Earn points distributed every Friday at 00:00 UTC
PerpScope Rating for Variational
9.7