Variational vs Veranta
Same lines, side by side: fees, leverage, markets, KYC, custody and referral perks, from official pages and DefiLlama.
| Line | Variational | Veranta |
|---|---|---|
| 30-day volume | #P04 · $50,872.0MEdge | #P11 · $3,194.0M |
| Trading fees | 0% 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.Edge | 0.045% taker · 0.001% makerNo order book: the venue prices against its vault and rewards the side that balances open interest. Opening or closing on the lighter side costs 0.001%, on the heavier side 0.045%, charged on notional at both ends. Forex, commodities, indices and equities trade with zero commission while those markets are in growth mode, and Upside Perps skip upfront fees to take a share of profits instead. Funding and borrow are charged while the position is open. |
| New-user perk | 1 point for every 10 points earnedEdge | None documented |
| Max leverage | Not documented | up to 500×Edge |
| Perp markets | 500Edge | 100 |
| Identity check | No KYC | No KYC |
| Custody | Non-custodial, EVM wallet, gasless deposits | Non-custodial, gasless one-click trading from your wallet |
| Settles on | Arbitrum (Variational settlement pools) | Base (Avantis/Veranta contracts) |
| Collateral | USDC | USDC |
| Where it runs | Web | Web |
| Chains | EVMArbitrum | EVMBase |
| Documented features | 4 of 10Edge | 3 of 10 |
| Order book | No | No |
| Cross margin | Yes | Not documented |
| Spot trading | No | No |
| Vaults / copy vaults | Yes | Yes |
| Copy trading | Not documented | Not documented |
| Stocks, gold or forex | Yes | Yes |
| Points program | Yes | Not documented |
| API | Not documented | Yes |
| Mobile app | Not documented | Not documented |
| Telegram bot | No | No |
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 Veranta if
You want one account for FX, equities, commodities and crypto, and you are willing to trade the balancing side to pay almost nothing.
Avantis became Veranta, and the model stayed the same: an AMM-style venue where your fee depends on which side of the market you take, from 0.001% when you balance open interest to 0.045% when you add to it. Leverage reaches 500x on FX majors and 250x on blue-chip crypto through Upside Perps.
veranta.xyz
