Variational is in an active points-farming phase with swaps live and weekly points still being distributed. The latest updates indicate a limited remaining farming window, ongoing swap/trading competitions, and bonus points periods for active traders.
Next action: Check current swap/trading competitions and keep farming weekly points before the program ends.
Variational has been farming points for 10 months, with 150,000 points distributed weekly. Only 3 weeks remain in the points program, and the post highlights a switch to swaps, a Swaps Trading Competition from September 10-24, and strong OTC pricing.
Variational added a short promotional push for swaps, including a separate points pool. The author says swaps are now worth doing for the next two weeks because the points cost looks acceptable relative to a potential large valuation.
Variational launched a 2x points boost for swaps trading across assets like US100, US500, XAU, and XAG. The message frames the event as especially favorable for active traders.
Variational rolled out a major update that launched swaps and moves closer to its TGE. The new RFQ-based model routes liquidity from TradFi dealers and venues onchain, which is said to improve depth, reduce slippage, and lower execution costs. The message also notes the project is still farming points ahead of the next phase.
Variational distributed weekly points for the latest farming period. There is a little over one month left, so users still have time to continue farming while activity levels remain lower.
Variational is approaching a potential TGE, likely in late September or October. The message suggests the project is near release and that farming may still be relevant in the final weeks.
Variational is described as having one of the clearest tokenless points setups among top perp DEXs. The message says points can still be farmed cheaply, with OTC pricing around $22–25 per point, though meaningful accumulation requires significant volume.
Variational completed a trading snapshot for the previous week. Users can now continue trading through the referral flow while farming points.
Variational has about 6-7 weeks left in its farming period. OTC point prices are currently trading in the $20-25 range.
Variational's perp DEX reached a new record of $1.5B in open interest. The message compares it with Aster and Lighter and suggests a potential valuation range of $3.5B-4B FDV.
Variational is described as a perp protocol that has already captured market share and keeps growing. The author sees a clear cash flow model and expects the valuation to rise to at least $1B FDV.
Variational saw lower volumes this month, making points farming more attractive. The post suggests a TGE may happen around October this year.
Variational distributed points for the previous week and says recent payouts have been much larger over the last few weeks. Users can continue trading through the Omni interface with a referral code to farm more points.
Variational finished its competition, and participants can now check the results. The team said weekly points will be distributed in a few days, so activity tracking remains relevant.
Variational distributed points for the previous week and is now encouraging trading activity through its Omni interface. Users can enter the referral code OMNIFORT while continuing to trade and farm points.
Variational is still being heavily farmed ahead of its expected autumn TGE, with current pre-market FDV around $700M. A new trading competition is live, which may be a strong opportunity to earn points before wider attention and a potential major valuation rerate.
Variational is launching an RWA Trading Competition on June 29. Participants need to generate more than $250K in volume on RWA and TradFi assets, with points available for active trading.
Variational raised $50M, and after the initial wave of farmers faded, points farming returned to pre-announcement levels. The current rate is about 1 point per $35K-40K in volume, and the post says the project still looks strongest among the listed perps because of the raise.
Variational is now being used in a hybrid farm together with RiseX because activity on RiseX is very low. The setup is described as a lower-cost way to farm two promising perps while minimizing expenses.
Variational distributed weekly points, and fewer users received points than before. The update suggests activity has slowed, making this a potentially better time to keep farming points.