Variational vs edgeX

Same lines, side by side: fees, leverage, markets, KYC, custody and referral perks, from official pages and DefiLlama.

LineVariationaledgeX
30-day volume#P04 · $50,872.0MEdge#P05 · $37,261.0M
Trading fees0% trading feesOmni charges no trading fee: the venue keeps the market-making spread instead. Deposits and withdrawals cost a flat $0.10 in USDC, and a forced liquidation is executed 0.5% away from the bid or ask.Edge0.045% taker · 0.040% makerRegular users below $10M of 14-day volume pay 0.040% maker and 0.045% taker on perps. Six VIP tiers follow, from 0.038%/0.043% at $10M down to 0.015%/0.020% above $7B. Rates are recalculated daily at 00:00 UTC and sub-account volume is pooled with the main account.
New-user perk1 point for every 10 points earned10% off trading fees, according to the promotional codes documented by affiliates
Max leverageNot documentedup to 100×Edge
Perp markets500Edge292
Identity checkNo KYCNot documented
CustodyNon-custodial, EVM wallet, gasless depositsNon-custodial, wallet or email (MPC) login
Settles onArbitrum (Variational settlement pools)edgeX Chain (StarkEx engine)
CollateralUSDCUSDC
Where it runsWebWeb
ChainsEVMArbitrumEdge
Documented features4 of 105 of 10Edge
Order bookNoYes
Cross marginYesYes
Spot tradingNoYes
Vaults / copy vaultsYesNot documented
Copy tradingNot documentedNot documented
Stocks, gold or forexYesYes
Points programYesNo
APINot documentedYes
Mobile appNot documentedNot documented
Telegram botNoNot documented

Which one should you pick?

Pick Variational if

You want one cross-margined account for crypto, equities, commodities and forex with no visible trading fee.

A zero-fee venue built on RFQ rather than an order book: the platform earns the spread it quotes, so your real cost is the price you accept, not a line on a fee schedule.

omni.variational.io

Pick edgeX if

You trade an order book and want stock and forex perps next to crypto.

A serious order book with the same base rate as Hyperliquid on the taker side, but a maker fee where Hyperliquid pays a rebate. The venue lists almost 300 contracts including stock and forex perps, and the fee tiers are the easiest of the series to read.

pro.edgex.exchange

Other duels with Variational