Recently, I’ve been paying attention to the Variational project 🔥. Although it’s not widely discussed in Japanese circles, its popularity in the zero-fee DEX sector is second only to Lighter.

It’s still in a very closed beta testing phase, but the data performance is already impressive—both trading volume and revenue are rising rapidly 📊. In terms of competitiveness, there’s really nothing to complain about, and it seems to have great potential.

Seeing this kind of growth curve at such an early stage makes it worth keeping an eye on 👀.