Variational (Omni)
Variational is an on-chain protocol for peer-to-peer trading, clearing, and settlement of perpetuals and other derivatives.
It enables secure bilateral trading of options, futures, perpetuals, and exotic assets through a unified RFQ model.
Key Feature
Instead of relying on external market makers, Variational uses its own market maker OLP (Omni Liquidity Provider), which quotes all markets and hedges risk off-platform.
This ensures instant liquidity for new listings and consistently tight spreads.
Main Highlights
No fees: there are no trading fees, only a fixed 0.1 USDC charge for deposits or withdrawals (to prevent spam).
Integrated Market Maker (OLP): the Omni Liquidity Provider acts as the counterparty to every trade, earns spread revenue, and redistributes part of it back to users as trading benefits.
Wide range of assets: hundreds of markets on mainnet, including volatility indices, RWAs, interest rate swaps, and in-game items.
Instant liquidity: OLP sources liquidity from CEXs, DEXs, DeFi, and OTC venues, providing tight spreads and immediate quotes.
Investors
Bain Capital Crypto, Peak XV (formerly Sequoia India / Southeast Asia), Coinbase Ventures, Dragonfly, Hack VC, North Island Ventures, Caladan, Mirana Ventures, Zoku Ventures.
Registration via cp0x
Registration through the cp0x link grants a Bronze Tier (90 days) and 12% extra point boosts for traders.
Once exact bonus and reward figures are announced, the information will be updated.