USDT0 vs Variational
Compare USDT0 and Variational on TVL, fees, revenue and activity to understand how these projects stack up.
$3.165B
USDT0 is the wrapped form of Tether issued by the cross‑chain router LayerZero to enable omnichain fungibility between Ethereum, Arbitrum, Optimism and BSC. The 0‑suffix indicates that redemptions are only possible through the canonical bridge rather than via Tether Treasury. The token carries a 0.1 % mint fee that is burned to offset bridge security costs.
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
USDT0
TVL$3.165B
24h VolumeN/A
24h FeesN/A
24h RevenueN/A
30d FeesN/A
30d RevenueN/A
7d TVL Change-2.82%
Dominance1.14%
Variational
TVLN/A
24h Volume$1.08B
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
USDT0
1.0%Variational
1.0%Volume Share
Share of combined 24h volume
USDT0
1.0%Variational
1.0%Fees Share
Share of combined 24h fees
USDT0
1.0%Variational
1.0%Revenue Share
Share of combined 24h revenue
USDT0
1.0%Variational
1.0%7d TVL Performance
TVL change over last 7 days
USDT0
-2.82%Variational
N/ADominance
Market dominance by TVL
USDT0
1.1%Variational
0.0%