Advisor || Variational OG || TrueNorth Truthsayer || Early calls. Real edges

Joined January 2025
It’s a pleasure to be a Variational OG! The merch is so beautiful and high quality guys I remember joining @variational_io back in May 2025, while my first post was in July 2025 when the total traded volume reached $1B It’s great to see an old post of mine again. Not sure why I said 5/6 months to TGE and 500k trading volume, but I guess that was a young Sipa trying to understand better the game and find his place in this beautiful world 😂 It’s been such a great journey so far! I hope you’ve enjoyed it as well and I appreciate all the support received so far ❤️ Thanks to the whole Vari team for this amazing surprise! Job’s not finished
I don't know you, but fading @variational_io would not be a good idea. It already has significant traction and is still in private beta. Additionally, 50% of the rewards will go to the community! My personal recommendations: 1⃣Find a code. (I'll make a giveaway as soon as I get one, otherwise you can keep an eye on their Discord) 2⃣Start generating volume. I suggest generating at least $500,000 in volume while still in private beta, as early contributors typically receive better rewards. In my opinion, we still have at least 5–6 months before the TGE. We need to wait for: - Public access - Points campaign - Vault It's definitely early, but I believe this project has great potential. People are currently talking about @Lighter_xyz, but in a few months, they’ll be talking about Variational.
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So you’re telling me that in one day: • @TxFlow_L1 distributed the biggest retroactive points drop to early users a perp dex has ever done • CT started fudding it • @matthubuilds gained infinite aura points while replying with nonchalance to all the critics We’re going much higher. It’ll be funny to watch all these people FOMOing in at the end When has CT been right?
a lot of people say we forked hyperliquid. one problem: Hyperliquid’s Layer1 code has never been open sourced. that’s their call, and it means there is nothing to fork. the matching, margin and liquidation logic is the hard part, and it only exists in two places: inside their chain and inside ours. most perp dexes don’t even run their own l1 at all, they’re apps on someone else’s chain, which is a fine choice, it just means the engine isn’t theirs. to the people who say you can fork hl with claude or codex over a weekend: would you trade on that engine? we built ours from scratch so that nobody has to answer that question.
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Bookmark my words. In the near future, everyone (investors/users) will want a piece of the first agentic brokerage @get_truenorth will be on the lips of many in 2027, and people will FOMO in like they did with Variational You have a generational opportunity to be early to the next big thing. Do you really want to be sidelined? I've been posting about TN since April and will keep doing so. Study the vision. Study the people
Replying to @WillyChuang
@WillyChuang / @get_truenorth team has been shipping -> product improved heaps since I last used it feels like TN has potential to become omni-agnostic and integrate with any broker / exchange out there doesnt have to necessarily be related to crypto either, it's perfect for trading stocks but just currently lacks the ability to directly execute disclaimer: @zokuxyz are investors
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S0 points are out and we cooked again! Congrats to everyone who followed my signal back in August Now don’t make the mistake of thinking you’re not early anymore. @TxFlow_L1 will see $1B+ in daily volume sooner or later They distributed 10.8M points for S0 S1 will end by the end of Q1 (with a total of about 34M points, not counting the growth reserve). So they gave 25–30% of the total points to early users if we take into consideration the possibility of a shorter S2. Otherwise, it’s 32% I’ll keep trading there, bullish af lmao. Now they’ve shown they’re community aligned If you’re new, check the campaign below and get free $50 FC to start trading there Cheers
Pre-points distribution happens today, and it’ll be a great way to see how @TxFlow_L1 values its early users In the meantime, here’s an exclusive community campaign for new users who join with my code TXSIPA Unlock $50 in Fee Credits. Enjoy effectively zero trading fees on TxFlow while the credits last Campaign Ends: Oct 31, 23:59 UTC Link: app.txflow.com/campaign/pass… How to qualify: 1. Join via the link above and connect your wallet 2. Make any Crypto Perps taker trade 3. Make any TradFi Perps taker trade Reward: $50 FC per user. Limited to the first 50 qualified users only $50 FC = $50 in trading fee reimbursements. First come, first served. Spots are limited
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TXSIPA (5% fee discount): app.txflow.com/r/TXSIPA Community campaign: app.txflow.com/campaign/pass…
🤝 Paid partnership
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Pre-points distribution happens today, and it’ll be a great way to see how @TxFlow_L1 values its early users In the meantime, here’s an exclusive community campaign for new users who join with my code TXSIPA Unlock $50 in Fee Credits. Enjoy effectively zero trading fees on TxFlow while the credits last Campaign Ends: Oct 31, 23:59 UTC Link: app.txflow.com/campaign/pass… How to qualify: 1. Join via the link above and connect your wallet 2. Make any Crypto Perps taker trade 3. Make any TradFi Perps taker trade Reward: $50 FC per user. Limited to the first 50 qualified users only $50 FC = $50 in trading fee reimbursements. First come, first served. Spots are limited
🤝 Paid partnership
World TxFlowification is coming
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It seems like things are getting spicy at @ImperialPerps This is the best asymmetrical bet I’ve seen in a while, and I think it’s worth a shot. The upside is potentially huge and so is the ROI, if these guys become the first venue on Solana as they should Kind regards
I posted twice about the @solana ecosystem 1. Warned yall to stay away from the Ranger ICO. It ended up that no one made money from it, and the project shut down after 2 months 2. Called @ImperialPerps in July the main venue Solana needed. A few months later, we have big accounts and KOLs spreading the word about it We keep winning
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I have a few codes for you, with the highest points boost available (2x) SIPA-3L7GAA SIPA-8CYHSR SIPA-B3Q39H SIPA-N8UZXC SIPA-SVA8W9 SIPA-UL3DG9
🤝 Paid partnership
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Let me break a myth: for years crypto projects have reached crazy valuations without any fundamentals or revenue (look at L1s/L2s). As an industry we’re now moving toward revenue-generating projects, and a classic error is projecting valuation based on the buybacks a project does Are US companies valued based on the number of shares they buy back, or on their net revenue and profitability? Net revenue and profitability You want to invest in profitable companies with good operating margins that eventually return a portion of that cash flow to shareholders, whether through buybacks ($VAR treasury), dividends/rebates (OLP), rewards, etc. As a company, @variational_io (before Pro, API, public mainnet, and public OLP) has generated: Treasury: ~$11.7M OLP PnL: ~$24M Rewards: ~$9M That’s roughly $44–45M in lifetime net revenue (after market-making costs). Modeled gross spreads sit at ~$64M (s/o @0xdefidaniel) In the latest biweekly reports Variational is averaging >$250k daily net revenue, or roughly $90M+ annualized, and that’s without Pro, which @variational_lvs has said could become a bigger business than Omni At current Hyperliquid and Lighter P/E multiples averaging at 100x and 55x (s/o @JoestarCrypto) , Omni's valuation should land in the 5-9B range (that’s before factoring in API flow replacing farmer-driven volume post-TGE or any contribution from Pro) Do the math yourself, and you’ll see why Variational is generational
Implied @variational_io FDV = $3.2B ($93/pt) based on HL 94x multiple of buyback revenue. Hyperliquid: • $65M in 30d revenue (buybacks) • $73B FDV = 94x annualized buyback revenue Variational: • Only 20% of spreads go to treasury • Current treasury run-rate = $34M/year • 94x multiple = $3.2B implied FDV Likely high end of near-term range.
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OMNISIPA (12% points boost + Silver tier): omni.variational.io/?ref=OMN…
🤝 Paid partnership
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Do you understand now? That’s why I’ve been telling you that if 2020 was about @Uniswap and DeFi Summer, 2027/2028 will be about @metricxyz and tokenized equities TradFi is coming on-chain, but RWAs lack liquidity, and Metric aims to fix that, with numbers already showing that their system works What are you waiting for? My code already has a confirmed points boost. Check below
Tokenized stock DEX volume growth, past 7 days @metricxyz did +$310.9M, more than 10x anyone else @MeteoraAG and @Uniswap follow at +$26.7M and +$24.8M. Via @tokenterminal.
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app.metric.xyz/r/sipa (points boost confirmed)
🤝 Paid partnership
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Lucas said on a recent podcast with @andyyy that they are already in talks with both the TradFi chickens and the eggs for @variational_io Pro That is the classic two sided problem. Dealers will not quote a multi dealer RFQ with no clients, and clients will not send flow with no dealers Those partners can overlap with the Omni list, but the jobs are different. Pro needs firms that will quote options, rates, FX, and structured products, plus the institutions that will actually trade them Jane Street, Optiver, IMC, or Susquehanna can sit on both. A bank desk like Goldman Sachs, Morgan Stanley, JPMorgan, or a pure OTC house is more Pro-specific We're going much higher guys. See you in 2 years, and remember that OTC >> Perps
Everyone keeps calling Variational the next Hyperliquid. They're wrong Variational says it has $1B+ of dealer capacity behind SWAPs. Nobody knows who the dealers are I went through who it probably is and what that TGE delay was hinting at
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OMNISIPA (12% points boost + Silver tier): omni.variational.io/?ref=OMN…
🤝 Paid partnership
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In case you missed it, here's your reminder from @WillyChuang that @get_truenorth is here to stay
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Best way to position yourself: - Join using the code SIPA (there are special community campaigns under my code) - Use the agent and start trading on TrueNorth on top of Hyperliquid/Lighter/Ondo - Buying a PRO plan (monthly/annual) gives you a 2x multiplier on retroactive points app.truenorth.xyz/ref/SIPA
🤝 Paid partnership
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My 2027 game plan - $VAR bag (Fading Pro would be like fading Hyperliquid for a second time. OTC >> Perps) - $Ink points (Payward/Kraken is building an empire and I want to be part of it. If they reward the community properly, this can be one of the biggest airdrops) - @get_truenorth points (imagine fading the first agentic brokerage, couldn’t be me) - @metricxyz points (2020, DeFi Summer, Uniswap. 2027, Tokenized stocks, Metric) - @ImperialPerps points (First venue on Solana. Top #1 points holder) TxFlow and other interesting plays are on the list. Never stop clicking guys
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Variational (12% points boost + Silver tier): omni.variational.io/?ref=OMN… Nado: app.nado.xyz?join=fdt3zjk TrueNorth: app.truenorth.xyz/ref/SIPA Metric (points boost confirmed): app.metric.xyz/r/sipa Imperial (2x points boost): SIPA-3L7GAA; SIPA-8CYHSR; SIPA-B3Q39H; SIPA-N8UZXC; SIPA-SVA8W9
🤝 Paid partnership
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Chilling with a 2200% APR on @metricxyz Not sure if we're talking about 2027, but this will definitely be one of the projects to keep an eye on for 2028. Exited months of stealth and already printing good numbers Metric > Uniswap (use my code below, you won't regret it. Points boost confirmed)
Been digging into @metricxyz and added it to my high-conviction list of non-perp dexs next to TrueNorth They’re building on-chain liquidity for tokenized stocks, trying to do for equities what Uniswap did for crypto in 2020 TL;DR 1. Traditional AMMs leak value via LVR (arbitrageurs capture the gap when the pool price stays static) 2. Metric’s active pools use live feeds (Chainlink/Pyth) so the pool tracks the real price and reduces how often LPs get picked off. Especially useful for RWAs with thinner liquidity 3. For LPs: deposit into bins (you choose the shape), the pool rebalances around the reference price, no constant range management 4. Not risk-free, but more efficient/predictable than classic Uniswap-style pools for these assets 2020 – DeFi summer (Uniswap) 2027 – Tokenized stocks (Metric)
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