Variational: Variational is a perp DEX

Variational is a perp DEX currently in beta with invite-only access.

Points farming started recently (within the last few weeks), and trading fees are 0% Maker / 0% Taker.

Reported daily volumes since beta are around $1–1.5B.

The project has raised $11.8M from tier-1 funds, including Coinbase Ventures and Dragonfly Capital.

OTC pricing for points is currently around $30–40 per point.