Base App vs Variational

Compare Base App and Variational on TVL, fees, revenue and activity to understand how these projects stack up.

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Variational is an on-chain derivatives infrastructure protocol designed to power the next generation of retail and institutional trading. The protocol enables peer-to-peer trading, clearing, and settlement of perpetual futures, options, and other derivatives through smart contracts, while aggregating liquidity from both on-chain and off-chain sources. Supporting applications such as Omni and Pro, Variational combines request-for-quote execution, deep aggregated liquidity, and fully on-chain settlement to deliver efficient, transparent, and scalable derivatives markets across crypto, equities, commodities, and other asset classes.
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Key Metrics Comparison

Base App
TVL
N/A
24h Volume
N/A
24h Fees
$39K
24h Revenue
$39K
30d Fees
$422K
30d Revenue
$422K
7d TVL Change
N/A
Dominance
0.00%
Variational
TVL
N/A
24h Volume
$1.769B
24h Fees
N/A
24h Revenue
N/A
30d Fees
N/A
30d Revenue
N/A
7d TVL Change
N/A
Dominance
0.00%

Category Performance

Visual comparison across key categories. Ring fill represents relative strength or share between the two assets.

TVL Share

Share of combined TVL

TVL Share
Base App
1.0%
Variational
1.0%

Volume Share

Share of combined 24h volume

Volume Share
Base App
1.0%
Variational
1.0%

Fees Share

Share of combined 24h fees

Fees Share
Base App
1.0%
Variational
1.0%

Revenue Share

Share of combined 24h revenue

Revenue Share
Base App
1.0%
Variational
1.0%

7d TVL Performance

TVL change over last 7 days

7d TVL Performance
Base App
N/A
Variational
N/A

Dominance

Market dominance by TVL

Dominance
Base App
0.0%
Variational
0.0%