super sunik

What if we filtering wallets <1500 & <2000 $LXP with Linea tokenomics (9% supply)? Using data from Dune, I calculated the following: ≥1500 LXP (~1.58B total; ~531k wallets) •$5B FDV → $0.29 per LXP (~4.11 $LINEA) •$10B FDV → $0.57 per LXP (~8.22 $LINEA) •$15B FDV → $0.86 per LXP (~12.3 $LINEA) •$20B FDV → $1.14 per LXP (~16.4 $LINEA) ≥2000 LXP (~1.30B total; ~371k wallets) •$5B FDV → $0.35 per LXP (~4.99 $LINEA) •$10B FDV → $0.69 per LXP (~9.98 $LINEA) •$15B FDV → $1.04 per LXP (~14.97 $LINEA) •$20B FDV → $1.39 per LXP (~19.96 $LINEA) Scarcity = higher value 🚀

@rinneXBT show points for $10k liquidation on Friday . And yeah, Im sorry, hope Variational airdrop will change your bag 💰💸

lost everything for believing in mega i thought it was different so I bet my last $10k

Top 5 Perp-DEX by Open Interest @variational_io just entered the Top 5 Perp DEXs by Open Interest without a native token. That alone should tell you how early this still is. Top 5 Perp DEX by Open Interest: Hyperliquid - @HyperliquidX ( $HYPE) : $9.32B Aster - @Aster_DEX ( $ASTER): $2.31B EdgeX - @edgeX_exchange ( $EDGE): $969M Variational - @variational_io : $820M Lighter - @Lighter_xyz ( $LIT): $780M The most bullish part? Variational achieved this before launching a token, yet it is already competing with some of the largest perp. That says a lot about the platform’s growth, trader retention, and market confidence around the ecosystem. And with RWAs entering the picture plus increasing activity across majors like $BTC, $ETH, $SOL, and $HYPE, it feels like Variational is only getting started. If Variational is already pulling this level of Open Interest before a token, the upside narrative from here becomes very difficult to ignore.

@0xpostrich most interesting your pnl😅

My Nado Points: Time to push heavy volume this week. All account stats below, not including any ref points: - 1,660 points - $2.76M+ volume = 1 point per $1.66k volume Alpha: Pushing volume through most liquid pairs with 4x maker point boost until May 28. What I did this week - Avg hold: 4hrs - Vol/OI Pairs: BTC - Avg point cost: $0.24 - Trades: 45 Removed a lot of inactive accounts, got more invites left. Nado → app.nado.xyz/?join=A4PqLKe Minimum target is $1.48 per point.

@ElNachoCrypto @muarmemuar @HyperliquidX 100$ per/p isn’t crazy with metrics like trade_xyz. But Variational potential is really huge, more than trade_xyz. Lets see 3 phases until end q4, we still have 4.5 months to farm points

@muarmemuar @HyperliquidX enjoy these breakdowns i think ppl are grossly underestimating var personally think it will significantly current exceed expectations, $100 not that crazy tbh

Hyperliquid vs Lighter vs Variational - points comparison @HyperliquidX 57.9M points distributed 31% supply to airdrop OTC before TGE: early stage $1-5 per point, then closer to TGE $6-20 After TGE: 1 point = 5.35 hyperliquid:native ($16.05 at $3B FDV) Now: $227 at $40B FDV @Lighter_xyz 12.5M points distributed 25% supply to airdrop OTC before TGE: early stage $3-20, then closer to TGE $21-100 After TGE: 1 point = 20 ethereum:0x232ce3bd40fcd6f80f3d55a522d03f25df784ee2 ($64.8 at $3.24B FDV) Now: $21.14 at $1.03B FDV @variational_io (my estimate) ~9.5M total points supply 50% supply to airdrop OTC before TGE: early stage $5-10 My scenarios for $VAR: Bearish 20% initial airdrop $700M FDV $14.66 per point Neutral 25% initial airdrop $1B FDV $26.18 per point Bullish 30% initial airdrop $2B FDV $62.83 per point Giga bullish 32% initial airdrop $3B FDV $100.52 per point Which scenario do you think is most realistic?

@muarmemuar @HyperliquidX Btw great idea show stats right before TGE: HL, Lighter, Variational and early stat like Variational now. BTW I checked it, Variational looks similar as Lighter in summer 2025

@muarmemuar @HyperliquidX Neutral 20% initial drop $1-1.5B FDV Looks realistic if volume up to $1-1.5B daily OI up tp $1B+

Great read. I highly recommend it to anybody that wants to understand what @variational_io is building right now.

100+ liquid RWA markets. 90 days. Phase 1 (WTI, XAU, XAG) kicks off this month. Phase 2 in June. Variational Summer.

People are slowly waking up the fact Variational is heavily mispriced and truly different then all other perp dexs. For a long time people priced Variational as another 'HL clone' Variational ain't a beta for HYPE its a different category all together HL = the exchange layer Variational = an onchain broker routing the deepest liquidity on anything to traders rather then attracting the liquidity on the protocol itself note how most user facing trading venues in tradfi are a broker as well -> you're not directly trading on the nasdaq but trading through a broker that routes the flow to MM's that hedge it on the Nasdaq. I expect Variational to quickly start capturing big market share in RWA perps -> and with that get aggressively repriced to the upside The best time to position for that was a year ago when I talked about it a lot The 2nd best time to position is NOW, before RWAs go live and it becoming a consensus trade Viva la Variational

RWA on @variational_io ~ The Game Changer?? Variational just dropped their 90-day Plan on Bringing RWA into the platform, this is a TL:DR of it all 👇👇 Phase 1: Will go live this month: 24/7 perps on Gold ( $XAU ), Silver, and WTI Crude Oil, tradeable from the same USDC balance as their 450+ crypto markets. Zero fees. Phase 2 Kicks off in June. 100+ CFD markets, we're talking international indices, commodities like wheat and natural gas, and single-name stocks like Nvidia ( $NVDA ) , Coinbase, and Alibaba. The key part: They've already secured dealer partnerships to route orders through global TradFi liquidity. Multi-million dollar orders, near-flat funding rates around 4-6%. Not "crypto-native RWA" liquidity, actual CME-level depth brought on-chain. Phase 3 Takes all of that and makes it 24/7. The endgame is one account for literally everything: crypto, equities, commodities, indices, FX. Prime broker execution, DeFi settlement speed. If this execution goes well, we will could see Variational becoming one of the biggest trading platform

May: Aggregation. Improving 24/7 RWA perps June: Tradfi Liquidity. Hundreds of 23/5 CFDs Endgame: One account. Thousands of perp/CFD markets. Every region, every asset class. TradFi-grade execution on all. All with zero fees from day 1.

@variational_lvs You doing great job and product based on people comments. Thats really important

We just updated the v3 UI in testnet based on some initial feedback. Our team is still reading comments & further refining the design. What else would you like to see improved before we bring the new UI to mainnet?

If you managed to stick around, survive the fuckery, & have some sort of funds, the two biggest opportunities in the space RIGHT NOW is obviously @Polymarket & @variational_io. Polymarket is super saturated, competitve, & riddled with bots. Perp markets are still a huge driver in the space and will have some of the most lucrative opportunities if you are early AND/OR consistent (see @HyperliquidX & @Lighter_xyz). Before going any further sign up for Variational now: omni.variational.io/?ref=OMNIAG (I’ll explain why and why I’m giving away a bunch of free points & money below) But how is Variational different? They are actually MUCH different. Instead of relying on traditional web3 liquidity, Variational is its own MM (with the help of big backers like @cbventures). They act like their own brokerage and use quotes from the biggest exchanges/tradfi sources to give the best prices and slippage among all perp dexs. For most crypto assets you can get away with “just ok” liquidity on perps as the rewards and risks are greater(and this is commonly understood) but for RWA, low liquidity can be a killer as there is not be as many web3 players willing to line the thin order books and thus this is also a barrier of entry for not only interested web3 participants but potential curious traditional finance players. In order to expand our industry in these type of areas, players like Variational must and will continue to succeed. Nice bonus that they will be probably be doing one of the biggest airdrops in the space this year 😉 Use my code and I will give you 5% of my 10% referral points I earn as well as giving back fees I earn randomly to those who use my code. This is one of the highest point percentage boosts being given in the space! Disclaimer: I obviously earn from this but I want to give back as much as possible(to claim points boost please check below and PM me).

@FissionXYZ viva la @variational_io

Tokenized RWAs grew from $5.42B to $19.32B in just 15 months. This development proves one undeniable fact: on-chain settlement is the new institutional standard. The infrastructure works.

The news we’ve been waiting for is finally starting to arrive, and we're genuinely excited. Variational’s RWA Phase 1 could give users access to deep RWA markets from day one, without the cold-start liquidity problem. And if it can go live before the next oil rollover window around May 8, we think it could create one of the biggest opportunities for traders while also drawing significant market attention. In a market where backwardation still exists, rollover periods are one of the best moments to capitalize on market inefficiencies. This is when pricing structure, funding, hedging, and basis opportunities become much more obvious. The time has come to explore more strategies to capture the opportunities in these fast-growing, highly liquid RWA markets. Where inefficiencies exist, Linenmito expect greater rewards. $GVAR @variational_io @variational_lvs @0xMGB @sjl933

Variational isn't a consensus trade yet -> once people see just how good RFQ RWA perps are I expect things to absolutely explode (and by that a lot harder to get points) Do with that info what you will Viva la Variational

@dashonchain @grok @variational_io We're a universal broker, not an exchange. A completely new generation of on-chain platform. Grok might have a hard time answering this given we're yet to announce our full 2026 vision but stay tuned!

Yesterday in Discord, someone requested $BSB. We listed it 20 minutes later with solid liquidity. For Variational (RFQ+aggregation, not orderbooks), additional listings are simply a matter of OLP's _connectivity_. Imagine this speed with 100+ RWA perps through our tradfi rails