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@variational_lvs

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Founder @variational_io building the most rewarding place to trade perps & bringing OTC derivs on-chain

Private Beta Live on Arbitrum
Joined January 2024
Don't wanna be here? Send us removal request.
@variational_lvs
LVS
1 month
Why we raised more from VCs during an anti-VC meta:. It’s no secret that most crypto holders and traders aren’t the biggest fans of venture capital right now. After years of the low-float/high-FDV launch meta extracting from retail, followed by Hyperliquid breaking out as the.
@variational_io
Variational
1 month
We’re proud to announce that we’ve closed a $1.5M strategic round including @mirana, @caladanxyz, @zokuventures, and a small number of other key partners. To welcome Omni’s next phase of growth on @arbitrum, we’ve now opened the referral program to all users. 1/
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@variational_lvs
LVS
2 days
An excellent thread 🧵 about Omni’s advantages and unique design. Thanks for the shoutout and detailed thoughts @choffstein !.
@choffstein
Corey Hoffstein 🏴‍☠️
2 days
i've been really impressed with the available liquidity at @variational_io. $10mm in BTC @ Hyperliquid was quoting ~2.5bp spread (jumping between 0-20bp) + 4.5bp taker fees. at VariationalOMNI it was 6bp.
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@variational_lvs
LVS
2 days
3 huge deploys in a row. This was the biggest, introducing a completely new order entry experience. Many more to go over the next few weeks. Omni Summer.
@variational_io
Variational
2 days
We just pushed another release to mainnet. ➡️ Complete rework of order entry form.➡️ Configurable leverage by position.➡️ Enabled PnL card shareouts from portfolio page.➡️ Funding rate updates (see docs). Let us know what you think of the new order entry form! 👀
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@variational_lvs
LVS
2 days
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@variational_lvs
LVS
2 days
The exponential curve is starting to look juicy. Most of our biggest announcements haven't dropped yet, but adoption is already starting to follow a hockey stick pattern, despite our closed beta with limited invite codes.
@variational_io
Variational
2 days
Omni has officially processed upwards of half a billion dollars in volume across over 225k trades. $1b next 🔜
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@variational_lvs
LVS
3 days
That being said, this is still obviously massively bullish for Hyperliquid, hyperunit, and the perps space as a whole. More perp traders being onboarded is always good. A rising tide lifts all boats ⛵️.
@variational_lvs
LVS
3 days
CLOBaaS. Very cool use of @hyperunit too. Congrats to @sershokunin and team!.
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@variational_lvs
LVS
3 days
These are some of the highest perp fees on the market. For $1M in BTC volume, you pay $950 in fees. After spread, total cost reaches $1,000. That’s ~2x what you’d pay trading directly on Hyperliquid. On Omni, $1M BTC volume would cost around $300, with no fees and only spread.
@rajivpoc
Rajiv Patel-O’Connor
3 days
Phantom fees for trading perps
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@variational_lvs
LVS
3 days
CLOBaaS. Very cool use of @hyperunit too. Congrats to @sershokunin and team!.
@phantom
Phantom
3 days
Introducing: Phantom Perps 👻 ♾️. Go long or short in just a few taps. 100+ markets. Up to 40x leverage. All in your pocket. Powered by @HyperliquidX
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@variational_lvs
LVS
3 days
Over 141,000 tokens have graduated from Relying on a manual listings team in this market is a losing strategy. At any given moment, there are dozens, sometimes hundreds, of tokens trending that people want to trade. The only way to keep up with this
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@variational_lvs
LVS
4 days
Someone asked why our engineers aren't more active on Twitter. Honestly, I've found there's an inverse correlation between an engineer's raw skill and their desire to post about it. I'll take a team of brilliant, heads-down builders any day. I can handle the tweeting for them.
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@variational_lvs
LVS
4 days
I'd like to think I can compete for the biggest gain %, but let's be real: I'll be competing for the biggest loss. Come join in the fun!.
@variational_io
Variational
4 days
We just announced the first PnL card competition on Omni!. Share your PnL cards on X, and win your share of 1,000 USDC. ➡️ Live now until Thursday @ 5p UTC ⏰.➡️ Rewards for largest % gain, largest $ loss, and more. Check the comments below for the full competition rules 👇
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@variational_lvs
LVS
9 days
On most exchanges, you pay the spread + a taker fee (~4-5 bps). On Omni, you just pay the spread. With ZERO fees and newly tightened spreads, we're already the cheapest place to trade for many assets.
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@variational_lvs
LVS
9 days
RT @wengevar: Omni (built on @variational_io) is the most structurally sound trading venue onchain right now, and most still haven’t caught….
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@variational_lvs
LVS
10 days
This is like offering a public vault on Robinhood that allows you to earn from Citadel's profits.
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@variational_lvs
LVS
10 days
Robinhood offers zero fees by selling user order flow to market makers such as Citadel. On Omni, OLP is the market maker and captures the full value of order flow. These profits are then distributed back to vault depositors and users.
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@shu_bit_
shubit | elfa.ai
10 days
While all of CT simps for Robinhood x Arbitrum, here’s my actual take. not so sure it’s that bullish for the crypto incels
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@variational_lvs
LVS
10 days
Back in the days, I'd watch pros like EG IdrA on and even play in amateur tournaments. Now I just don't have the time to play as much, but I still love to watch :).
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@variational_lvs
LVS
10 days
I grew up on these streets
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@variational_lvs
LVS
11 days
Feeling pretty good about our early decision to build on @arbitrum . Great to see other market leaders joining us.
@RobinhoodApp
Robinhood
11 days
You didn’t think we’d just announce new products, did you?. The Robinhood Chain is currently being built on @arbitrum to power the future of asset ownership. #RobinhoodPresents
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@variational_lvs
LVS
11 days
Blew up my test account the other week. Guess getting liquidated to 0 is a right of passage?
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@variational_lvs
LVS
1 month
Source of the screenshot: my tiny account on mainnet. Go try PnL shareouts! 🚀
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@variational_lvs
LVS
11 days
RT @variational_io: Omni's base trading costs are currently comparable to Binance's VIP 4 tier. For most traders, Omni is already the cheap….
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@variational_lvs
LVS
13 days
Proud of our progress. Things are picking up rapidly. Post-Permissionless conference notes coming soon.
@variational_io
Variational
13 days
We released another biweekly update in Discord yesterday! Here's the summary 👇. PRODUCT:. ➡️ Drastically tightened spreads across virtually all assets, allowing for multi-million dollar BTC orders at 3-4 bip spreads: ➡️ Re-enabled listing engine to start
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