
- Airdrop Link: TRADE PERPS
- Total value: n/a
- ✅ Airdrop confirmed
- Platform: arbitrum
What is Variational?
Variational is a decentralized peer-to-peer trading protocol built on Arbitrum that specializes in perpetuals and generalized derivatives. The protocol provides infrastructure for P2P trading, clearing, and settlement, enabling secure bilateral trading of options, futures, perpetuals, and exotic derivatives. Unlike traditional derivatives platforms, Variational eliminates revenue leakage to third-party market makers by redirecting value directly back to users through its unique rewards system.
The protocol’s flagship application, Omni, positions itself as “the most rewarding place to trade perps” by offering zero-fee trading while users earn benefits including loss refunds, spread discounts, and platform credits from their normal trading activity. This stands in stark contrast to other exchanges that typically charge 0.05% to 0.6% per trade. Omni aggregates liquidity from centralized exchanges, decentralized exchanges, DeFi protocols, and OTC sources through the Omni Liquidity Provider (OLP), which has generated yields as high as 369% annualized over the last 90 days for community depositors.
Variational has secured $11.8 million in funding from prominent investors including Bain Capital Crypto, Peak XV (formerly Sequoia India), Coinbase Ventures, Mirana Ventures, Caladan, and Zoku Ventures. The protocol’s mainnet launch is scheduled for 2025, which will coincide with the introduction of the VAR token, marking a crucial milestone in the project’s development.
Variational Airdrop Details
Variational has confirmed a community allocation of 50% of the VAR token supply for its airdrop. Users who trade on the Omni platform and accumulate trading volume are positioning themselves to receive tokens when the airdrop is distributed. The protocol tracks cumulative trading volume and participation in platform activities as key metrics for eligibility.
The platform currently offers enhanced rewards through a 3x Loss Refund Boost that runs until October 18, 2025. This campaign increases base loss refund odds from 1-5% to 3-15%, with additional team capital deposited into the refund pool. Users can also unlock referral codes after reaching $1 million in cumulative volume, which may provide additional benefits for the airdrop allocation. The protocol has already distributed over $120,000 in loss refunds, representing 2.6% to 3.2% of total user losses.
How to Participate in the Variational Airdrop
- Get USDC on Arbitrum: You’ll need USDC on the Arbitrum network to deposit and trade on Variational. You can purchase USDC on Binance and withdraw directly to your Arbitrum wallet. Alternatively, bridge assets to Arbitrum using Rhino.fi.
- Obtain ETH for Gas Fees: Ensure you have some ETH on Arbitrum to cover transaction fees. You can get this from Binance or bridge it via Rhino.fi.
- Visit Variational Omni: Navigate to the Variational Omni trading platform and connect your wallet.
- Enter Referral Code: Input the referral code OMNISHUKOC2R during signup to access the platform.
- Deposit USDC: Click the “Transfer” button in the top right corner of the interface. Enter the amount of USDC you want to deposit and click “Deposit.” Confirm the transaction in your wallet.
- Start Trading Perpetuals: Begin trading perpetual contracts on the platform. Focus on building your cumulative trading volume, as this is a key metric tracked for airdrop eligibility.
- Trade Consistently: Trade regularly to increase your cumulative volume and maximize your potential airdrop allocation.
- Claim Loss Refunds: If you close any losing trades, visit the Rewards page and navigate to the Loss Refund section. You’ll have a 1-5% probability of getting your losses refunded (currently boosted to 3-15% until October 18, 2025).
- Reach $1 Million Volume Threshold: Once you accumulate more than $1 million in cumulative trading volume, you’ll unlock your own unique referral code to share with others. This may provide additional benefits for the airdrop.
Tips to Maximize Your Chances
- Focus on Volume Over Profit: Since the platform tracks cumulative trading volume, consistent trading activity is more important than individual trade profitability. The zero-fee structure makes it economical to execute trades without worrying about commission costs eating into your capital.
- Utilize the Loss Refund Feature: Take advantage of the current 3x Loss Refund Boost running until October 18, 2025. Even losing trades can result in refunds with odds ranging from 3% to 15%, which helps offset losses while you build volume.
- Monitor Your OLP Participation: Consider depositing into the Omni Liquidity Provider pool once it launches. Participation in protocol liquidity provision may be considered for the airdrop.
- Community Participation: Engage constructively with other community members in Discord
FAQs
When will the VAR tokens be distributed?
The exact distribution date hasn’t been announced yet, but it will likely follow the mainnet launch in 2025.
Is there a minimum activity requirement?
While specific requirements haven’t been disclosed, meaningful participation and quality feedback are essential for eligibility.
Can I participate from any country?
Variational has specified geographic restrictions on US and Canadian persons.
Is the $1 million volume threshold required for the airdrop?
The $1 million threshold is specifically for unlocking referral codes, not a requirement for airdrop eligibility. However, reaching this milestone demonstrates significant platform engagement and may result in a larger allocation. Users with lower volume should still be eligible for the airdrop based on their participation level.
Conclusion
Variational presents a compelling opportunity for crypto traders to farm an airdrop while benefiting from zero-fee perpetual trading and unique reward mechanisms. The protocol’s $2.5 billion in trading volume and strong backing from investors like Bain Capital Crypto and Coinbase Ventures demonstrate real traction in the derivatives space. With a confirmed 50% community allocation, active traders who build cumulative volume on the Omni platform are positioning themselves for the VAR token distribution.
The current 3x Loss Refund Boost running until October 18, 2025, provides an enhanced incentive to start farming now, with odds of recovering losses increased to 3-15%. Whether you’re an experienced derivatives trader or new to perpetuals, Variational’s zero-fee model lowers the barrier to entry for consistent trading activity. Get USDC on Arbitrum, deposit on Omni using referral code OMNISHUKOC2R, and start building your trading volume to maximize your potential airdrop allocation.
You're interested in more projects that do not have any token yet and could potentially airdrop a governance token to early users in the future? Then check out our list of potential retroactive airdrops to not miss out on the next DeFi airdrop!
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n/a
Tokens per Claim
n/a
Max. Participants
Unlimited
