Independent market analyst focused on crypto, DeFi, perps & FX. Driven by data. Sharing market insights, strategies, and my journey.
Joined August 2024
- Tweets997
- Following163
- Followers108
- Likes256
Pinned Tweet
Just added @variational_io to CostDepth 🔥
Now you can track Variational live:
• real cost of any trade, $1k to $1M
• funding rates
• side by side with Hyperliquid, Lighter, Binance and more
costdepth.io/variational-fee…
Alex Wu retweeted
Open interest limits on all TradFi perps are now 3 times higher.
This increase comes from OLP improvements in today's mainnet release. Limits will continue to climb as OLP and the platform mature.
Alex Wu retweeted
robinhood. interactive brokers. that's who @variational_io says it's competing with long term
not other perp dex’s. brokers
zero fees, one account for stocks + crypto + etfs +pre-ipo etc…..
legacy finance is dying
teapawt.net/variational_io/status/…
"We see ourselves competing longer term against Robinhood, Interactive Brokers, and other broker-like platforms ... which I do think is the best model for retail trading."
- @variational_lvs
Alex Wu retweeted
"We see ourselves competing longer term against Robinhood, Interactive Brokers, and other broker-like platforms ... which I do think is the best model for retail trading."
- @variational_lvs
Alex Wu retweeted
$PLTR Earnings Call teapawt.net/i/broadcasts/2NglBaMqQ…
Alex Wu retweeted
I'm seeing a lot on my timeline around @variational_io . It seems they are creating momentum and that means the token and points airdrop is probably coming sooner than we think.
They did say Q4.
Alex Wu retweeted
Arbitrum is the #2 chain for perps trading.
@arbitrum has generated $79.6 BILLION in perps DEX volume in the past 30-days per DefiLlama data.
With over $1 billion in open interest, that makes $ARB the #2 chain for perps, after @HyperliquidX itself.
The vast majority of this activity is driven by the @variational_io platform.
why I'm still bullish on @variational_io, in 4 numbers:
~$1.8B open interest (more than Lighter)
~$75B volume in 30 days
$12M+ USDC in treasury
$487 all-in cost on a $3.96M trade
and TradFi routes straight to the big dealers, not a retail broker. quietly cooking 🍳
1
7
256
perp DEX points farming, my take:
most farms make you bleed fees for points. on Variational a trader opened $3.96M last week for $487 all-in.
cheap execution + weekly points + TGE set for Q4. that's my farm.
omni.variational.io/?ref=OMN…
code OMNIKINGNAT 15% boost
1
64
there's $74M of open interest on an Anthropic perp right now.
not a token. pre-IPO Anthropic, traded 24/7 on Hyperliquid through @entropyIO (HIP-3).
$17M volume today. the OpenAI perp next to it? $6.6M OI.
degens already picked their AI lab 👀
25
Binance lost $6.3B in a hack this week and withdrawals were paused until this morning.
Same week, Hyperliquid passed 3M traders.
Self-custody perps stopped being a niche. Which perp DEX are you farming into the next TGE? 👇
42