LayerZero vs Variational
Compare LayerZero and Variational on TVL, fees, revenue and activity to understand how these projects stack up.
$7.127B
LayerZero is an omnichain interoperability protocol designed to enable applications, assets, and messages to move seamlessly across blockchains. Built around its lightweight messaging infrastructure, LayerZero powers cross-chain products such as Stargate and supports asset issuance, value transfer, and omnichain application development. The protocol secures tens of billions of dollars in assets, has processed hundreds of billions in historical volume, and is trusted by hundreds of organizations including PayPal, Tether, Google Cloud, Paxos, and Ondo to build scalable cross-chain experiences.
View Full PageVariational 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.
View Full PageKey Metrics Comparison
LayerZero
TVL$7.127B
24h VolumeN/A
24h Fees$7.9K
24h Revenue$0
30d Fees$107.1K
30d Revenue$131.6K
7d TVL Change-0.39%
Dominance2.57%
Variational
TVLN/A
24h Volume$1.067B
24h FeesN/A
24h RevenueN/A
30d FeesN/A
30d RevenueN/A
7d TVL ChangeN/A
Dominance0.00%
Category Performance
Visual comparison across key categories. Ring fill represents relative strength or share between the two assets.
TVL Share
Share of combined TVL
LayerZero
1.0%Variational
1.0%Volume Share
Share of combined 24h volume
LayerZero
1.0%Variational
1.0%Fees Share
Share of combined 24h fees
LayerZero
1.0%Variational
1.0%Revenue Share
Share of combined 24h revenue
LayerZero
1.0%Variational
1.0%7d TVL Performance
TVL change over last 7 days
LayerZero
-0.39%Variational
N/ADominance
Market dominance by TVL
LayerZero
2.6%Variational
0.0%