Lynn03

again

@llala1035901 0x越看越奇怪haha

@lynn000333 我日 你换x的id了啊 还以为山哥你把号注销了

If an influencer I follow is shilling a ton of sketchy PerpDEX ads but hasn't mentioned Hype, Lit, or Var even once I literally had to unfollow him

@WMp2j 😂竞争还不激烈

@lynn000333 山哥排行榜上你的名字历历在目

@Lepchas_ 🫡

@lynn000333 very true sar

@0xBaseee 🫡

@lynn000333 Or your fav influencer only mentioned these three in the past, then he is a must follow

@Daniel_Ong GLighter 🕯️

@lynn000333 GLighter 🕯️

I first tried Lighter around July or August last year. Before that, I had been trading on an exchange that charged fees. But because of Lighter’s excellent liquidity, zero fees, and pretty solid vault yields, I fell in love with it in my first week and shifted most of my trading activity there. I remember trading around $10M in volume during that first week, yet I received zero points. At the time, I was using a public VPN, which many others were also using, and I was likely flagged as Sybil because of it. Even so, I still chose to keep using Lighter. Over the next two or three weeks, I traded normally and earned around 1,800 points. Back then, people were saying those points could be worth a lot of money, but I honestly didn’t believe it. I thought even $15+ per point would already be crazy. What happened later was that I ended up receiving a six-figure LIT airdrop. After September, LIT points became much harder to earn. Even tens of millions in weekly trading volume would get you fewer than 100 points. The core point I want to make is this: choosing a good platform doesn’t just save you trading costs. It can also bring you massive upside through points and airdrops. When I see people still trading on expensive CEXs with high fees, I genuinely don’t understand it. Why not VAR or Lit?

@ThusithDirth @edgeX_exchange @Hey_Alan @edgeX_KF 😂

@lynn000333 借楼, 操他妈傻狗@edgex_exchange，dc乱踢人的管理，有一个算一个，全家活不过今年，在外面走路记得注意点，小心被人捅刀子，还有，你们的妈都死了，赶紧回去看他们最后一眼。诈骗项目，早点倒闭，项目方全死光，狗逼东西 @Shine_edgeX @Gina_edgeX @Eugene_2626 @Hey_Alan @Sarah1996080 @edgeX_KF

@Taishan_x 底层结构创新 比 商业模式创新 更值得期待

@lynn000333 牛，var更值得期待

@EvanCrypto17 还得感谢塞哥当时的🪜技术支持

@lynn000333 纯交易王🫡

@ilamks88 No CEX

@lynn000333 Perp DEX 用户需要努力争取让人们将交易迁移到像 Variational 这样的优秀 DEX。 No CEX

@ramafadillah92 @grvt_io hope a good TGE

@lynn000333 How about @grvt_io

The Best Airdrops by Year: 2024: Hyperliquid 2025: Lighter 2026: Variational

@sjl933 need more JP/KR whales

Yes, 1B. And we're just getting started.

@tonix_C Gvar

The market still thinks Variational is “another perp DEX.” That’s the mispricing. Most protocols spent years trying to bootstrap liquidity from scratch like medieval villages digging wells with spoons. Variational looked at TradFi’s $600T derivatives ocean and asked a different question: “What if we pipe the liquidity directly on-chain instead?” That’s what just got them a $50M Series A led by Dragonfly. And Haseeb Qureshi accidentally said the quiet part out loud: “The rest of the industry is sucking liquidity through a straw. Variational would pipeline it directly from traditional markets.” Read that again carefully. Not synthetic liquidity. Not mercenary APY tourists. Not recycled crypto-native flow pretending to be institutional depth. Real routing infrastructure. While CT was busy searching for “the next Hyperliquid,” Variational built something structurally different: → RFQ architecture instead of depending purely on cold-start order books → OLP aggregating liquidity from TradFi dealers + centralized venues → RWAs already live on Arbitrum → Gold, silver, copper and oil perps already trading → +100 TradFi markets planned this summer: equities, FX, global indices And here’s the part almost nobody understands: The real innovation is NOT “perps on stocks.” It’s solving the cold-start problem that kills almost every RWA exchange before escape velocity. No liquidity → no traders. No traders → no liquidity. Infinite loop. Financial quicksand. Variational breaks the loop by importing execution quality before retail flow even arrives. That changes everything. Now combine that with: • $200B+ processed volume • zero trading fees • gas abstracted away • invite-only access still active in many regions • points campaigns closing May 26 Suddenly this stops looking like “another farm.” It starts looking like the earliest construction phase of a new financial rail system. Hyperliquid proved crypto-native markets can outperform centralized exchanges. Variational’s thesis is more dangerous: Traditional markets themselves may eventually settle through crypto rails. Most people won’t notice the shift until the pipes are already under the city.

@hoanghai_pq It’s too big. I don’t even dare to use this calculator

@lynn000333 With fdv 4-6B then 1point is price sir ??

VAR just crossed $1B OI, ranking #3 among perpDEX Why do I think VAR could be the biggest airdrop of 2026? Leaving aside its innovative model, technical capability, and other factors, I’m only looking at what I think is currently the most important valuation metric for perp DEXs: OI Current FDV/OI comps: edgeX 1.5x Lighter 1.8x Aster 2.4x dYdX 2.7x HYPE 8.7x outlier If VAR gets to $2B-$3B OI in next few months（we all know Phase2 coming soon）, using 2x gives $4B-$6B FDV So, optimistic, but not crazy

@imsun707 gvar and glighter

@lynn000333 gvar

@YSLS4L we gonna win, big win

@lynn000333 that's generational win for early folks

@baofuzailushang 白天买下港岛，晚上直接买下火星了？

@lynn000333 山哥这把干翻马斯克！

@Jh0L0w I get what you mean, and I agree. This post is not meant to intentionally compare VAR with those two projects. I’m just looking at the broader industry: across the sector, FDV being higher than OI is a pretty common fact

@lynn000333 we seriously need to stop including the likes of aster, edgex etc into these comparisons - for the good of our industry

@TradeQC 值得拥有！

@lynn000333 3哥，奶量太足了。这样的话我要开始选别墅了