I've been using Variational as one of my main perpetual exchanges for a while now.
At first, I only wanted to farm the airdrop.
But the more I used it, the more I realised how good it actually is:
• Low / No Fee model
• Every pair you need
• Loss-refund mechanics
The team is seriously building, and the airdrop still feels massively underfarmed.
I genuinely think Variational has the potential to become a top-3 perp exchange — right behind Hyperliquid and Lighter.
And yes, this post also includes a shill for my referral code, which boosts your airdrop farming ability and also mine:
Referral Code: OMNISTREAM
Using it gets you:
- A higher starting tier
- A higher chance of receiving loss refunds
- Higher rewards for your own referrals
But regardless of the code shill -I honestly believe Variational is one of the best exchanges I’ve used so far.

Variational
@variational_io
11-15
Referral rewards are now live on Omni!
Over $1M in retroactive referral rewards have been distributed, and new referral rewards can be claimed from the rewards page at any time going forward.


I love the story of the Variational founders:
> Met in college
> Founded their own hedge fund
> Acquired by DCG
> Become VP Engineering & Trading
> One of the largest desks in crypto
> Hundreds of billions in volume
> Left to start their own trading firm
> Variational is founded
> Profitably run strategies for a few years
> Not happy with the infrastructure
> Develop the Variational Protocol
> Solve pain points they experienced
Random highlights about the founders:
- Harvard Innovation Challenge Winner
- Studied Mathematics; top <1% of class
- $10m seed raise (Coinbase, Dragonfly)

Been cooking good
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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