If you're into meme tokens and the wild world of crypto trading, you've probably heard the buzz around decentralized exchanges (DEXs). But have you checked out Variational yet? This perp DEX is making waves, and a recent thread from Hyperliquid enthusiast @Basesol_NFT highlights why it's time to pay attention.

What's the Hype About Variational?

Variational is a protocol built on the Hyperliquid blockchain, specializing in on-chain derivatives like perpetual futures (perps for short). Perps let you trade assets with leverage without an expiration date, which is super handy for speculating on volatile meme coins without owning them outright. Their main app, Omni, focuses on perp trading with over 500 listings – yes, that includes popular meme tokens like those on Solana or Ethereum ecosystems.

In the thread, @Basesol_NFT quotes Variational's own post celebrating Omni crossing $2 billion in 24-hour volume and $380 million in open interest. But wait, the numbers have climbed even higher: $2.7 billion in daily volume, making it the 5th biggest DEX out there, with $400 million in open interest. That's impressive growth!

Why Traders Are Flocking to Variational

What sets Variational apart? For starters, zero fees on trades – that's right, no eating into your profits. They also offer tight spreads (the difference between buy and sell prices), making it efficient for quick trades. And get this: loss refunds and rebates. If a trade goes south, you might get some of your losses back, which is a game-changer for high-risk meme plays.

The thread points out there's low competition right now, with only about 6,000 users who've traded over $100k in volume. That means it's easier to rack up those "hidden points" before the official points program launches. Points programs in crypto often lead to airdrops – free tokens distributed to active users as rewards. @Basesol_NFT emphasizes that both the points system and retroactive points (rewards for past activity) are confirmed, so early birds could score big.

As the post puts it, "Earning hidden points on Variational is literally so easy right now." With the perp DEX meta still heating up, and more folks ditching centralized exchanges (CEXs) for their scammy vibes, Variational seems poised for even more growth.

How Meme Token Fans Can Benefit

For meme token traders, Variational opens up leveraged trading on your favorite pumps without the hassles of CEXs. Imagine going long on a hot new meme coin perp during a viral moment or hedging against dumps. The platform's RFQ (Request-for-Quote) system ensures you get the best prices through peer-to-peer matching, all settled on-chain for transparency.

If you're ready to dive in, the thread shares an invite code for perks like instant bronze tier status, boosted loss refunds, and extra points boosts. Head over to Variational's site or their trading app at omni.variational.io to get started. Just remember, trading perps involves high risk – always do your own research and trade responsibly.

Community Insights and Next Steps

The thread tags several crypto chads for their takes on Variational, showing a growing community around it. Replies echo the sentiment: don't fade this opportunity. As blockchain tech evolves, platforms like Variational are empowering retail traders with tools once reserved for big institutions.

Stay tuned to Meme Insider for more updates on meme tokens, DEX innovations, and ways to level up your crypto game. What's your take on Variational – are you farming points there already? Drop your thoughts in the comments!