Gauntlet vs Variational

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

$1.49B

Gauntlet provides institutional-grade risk modeling and optimization for DeFi protocols. Its platform powers vault strategies, levered RWA yields, and protocol risk parameters securing billions in on-chain assets.

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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

Gauntlet

TVL

$1.49B

24h Volume

N/A

24h Fees

$105.8K

24h Revenue

$1.1K

30d Fees

$3.24M

30d Revenue

$34.2K

7d TVL Change

-1.56%

Dominance

0.54%

Variational

TVL

N/A

24h Volume

$1.08B