Joestar

"We're trading on TxFlow/Arcus because that's the only opportunity right now"
Meanwhile i'm trading on a stealth perp dex that doesn't even have socials yet, with a dozen of my friends
Iykyk

I was looking for a graph comparing the biggest perps by volume on a 100% basis, but couldn't find one
So i made it, and you can clearly see how Variational slowly ate into its competitors volume and trader base
It's not just about points, ofc they inflated the metrics, but Variational is bringing something superior
You should seriously DYOR

I made this to show you why you should focus on RWA perps
RWA perps are slowly eating into the perps market share, and i expect them to flip crypto pretty fast
That's why i believe a project focused on RWA like Variational has much more upside than Hyperliquid (which gave that market to an external actor)
It's not too late to consider betting on a still "small" actor before it get crazy

Yesterday Variational did 4B of volume for the first time
Hyperliquid did 6,9B
That's 58% of Hyperliquid's activity
FYI if $VAR reaches:
10% of HYPE FDV: 300$/point
20%: 600$/point
30%: 900$/point
50%: 1500$/point
Be smart, focus on the best actor in the best growing category, and that's Variational on RWA
You have a few weeks left to accumulate points: OMNIJOESTAR

Crazy how even today a lot of people believe Variational's success is due to points
Variational volume was really low for nearly one year after the first points, everything changed when Swaps got introduced
Swaps are just a better product for RWA traders, why would they stay on Trade to pay high fees and get rekt by funding rates?
If you're a Variational bear, try to understand what's happening right now before it's too late
Variational is not another Paradex/GRVT/EdgeX

No idea when $XPL is gonna break, but when it does, it's going to be crazy

Variational did more than 1/3 of Hyperliquid's volume
That's insane !
If $VAR is at 30% of $HYPE FDV, that would mean 750$/point
(Use OMNIJOESTAR if you're not using it yet)
I know that sounds crazy, but Hyperliquid is the best venue for crypto perps, while Variational is the best venue for RWA perps and Swaps
Now if you had to bet right now, would you bet on crypto perps or RWA perps growth?
Be delusionally bullish

650m of climbing in 3 days
7b max
ED, probably the hardest routes i've ever done
I guess it's time to get back to crypto and get locked in again

Just got this message today
I'm really glad my tools and analysis have helped some people make it
I will continue focusing on being early on the next giant in crypto, even if that means failing sometimes
You only need one to make it

HIP-3 is slowing down hard since Variational is catching up
I'm not bearish on HIP-3, but it's definitely not as bullish as people expected
Those projects need to have high fees and are slowed down by Hyperliquid infra development
We had exactly the same problem with L2s on Ethereum, sharing the same infra doesn't scale that much, but it's growing long term for sure
I think there's much more room to grow for non-HIP-3 than for HIP-3 overall
Btw it's not too late to farm Variational, if you need a point boost : OMNIJOESTAR

Verdon in France
We pay high taxes but it's worth it when you climb in places like this

Closed all my trades to touch some rock this weekend
Climbing supercycle

I've seen too many crypto bulls and oil bears on my timeline yesterday, so i had to be short on crypto and long on oil
Good day, thanks Variational

It's funny because when TradeXYZ was printing insane amounts of volume on RWA, everyone would have valued it around 5-10B
But now Variational flipped it, and because it's not linked to Hyperliquid, everyone is talking about a 1,5B valuation
You don't get it, the fact that it's not a project building on Hyperliquid makes it way more valuable
I would say 2-3B FDV at TGE, maybe some dips then up only to 10B FDV

Variational is the new Hyperliquid