All of sudden, people talk about @extendedapp and @variational_io .
Var code: OMNI0Y7ZFRD1
Seem like some early birds have done it right from beginning. Delta neutral these two early back in last summer seem to a generational strategy for anyone who has conviction.
Any of these two launch at 1B/2B will bring such wealth for all of us.
Happy Ext/Var!
Day 405: 5 tips to become a better airdrop farmer
1) Don’t get too high ranked.
Top users often get capped or vested to reduce sell pressure at TGE. Once you’re near the top 1%, spin up a new wallet even on confirmed linear airdrops. (People who did this on Hyperliquid ended up with multiple Hypurr NFTs)
2) Never burn fees blindly.
Always calculate your expected ROI and define a stop point. You don’t need to farm until the very last day for it to be +EV.
3) Early birds catch the worms.
Find winners early and go insanely heavy at the start. Good teams with fixed point campaigns and confirmed >20% airdrops are where outsized returns are made.
4) Go deep, not wide.
Deep farm 1–2 high-conviction projects instead of shallow farming 50 mediocre ones. My biggest airdrop in 2025 outperformed all others combined.
5) Multi-walleting is almost always +EV.
Just never move funds between wallets. Most CEXs allow up to 20 different deposit adresses so make sure to always use a CEX to transfer funds
@extendedapp and @variational_io are the best trading platforms in 2026.
Whoever trading early will be rewarded big chunk.
Believe in something and expecting more.
Oh, feel like many of you are looking for a code to join @variational_io
Here you go: OMNI0Y7ZFRD1
What you guys doing right now if not farming @extendedapp and @variational_io ?
The best 2 trading platform right now.
Expecting more!!
Code for Variational for anyone who need: OMNI0Y7ZFRD1
Vamos perp dex
Biweekly Update 1/9/26
PRODUCT
➡️ The most recent mainnet release was v0.7.1.
➡️ Increased net OI limits on some markets
➡️ Inline editing of trigger price for Limit/TP/SL orders
➡️ Scaling/stability work to improve system performance
METRICS
➡️ Total Volume Traded: $113.95B
➡️ Current Dual-Sided OI: $1.03B
➡️ TVL (Excludes Some OLP Hedging Accounts): $119.62M
➡️ Total Tokens Currently Listed: 487
➡️ Total Rewards Claimed: $4,526,173
➡️ Total Losses Refunded: $3,050,594
➡️ Total Referral Rewards Claimed: $1,475,579
➡️ Daily Active Users (avg. over past week): 10,906
➡️ Weekly Active Users: 22,830
➡️ 2w Revenue: $1,700,724
➡️ Average Daily Revenue: $121,480
➡️ Revenue Directed to OLP: $1,160,534
➡️ Revenue Directed to Loss Refund Pool: $367,214
➡️ Revenue Directed to Referral Rewards Pool: $172,976
➡️ Total OLP PnL: $8,766,259
Question:
Everyone is holding position in. @variational_io , of course this seem to be easy to understand as it will reward you with massive point.
But Var doesn’t make much revenue if people don’t do trade.
“0 fee” actually not accurate as spread is eating you alive with low OI pairs.
Interesting to see what will happen this Friday.
Pacifica might build their own layer 1. Not sure when or maybe 🤔 no.
Just don’t like the cookie marketing though.
Extended will be a good cool for early traders. Now still underated but so much harder to earn point.
Paradex, haizz, no comment.
Variational: the hype is obvious. Apparently yes, they make a lot of money via spread for sure. Have no idea who farm who at this stage.
But still potential af.
Here are some moon math for everyone who loves @variational_io
Let's say we start with 24 weeks of point sz up to 40 weeks.
Depend on how many % of airdrop allocation and FDV, we'll be able to expect what $/point.
For example, if FDV (base case) is at 1B and airdrop is 20% => we expect roughly $30/point. It is juicy, isn't it?
But with all due respect, I strongly believe Var is value more than that by many folds.
Feel free to use my code to join: https://t.co/9LlOaS0SXC
@extendedapp
All metrics are going up lately despite the bear market conditions.
Expecting TVL is going up to 10 figures at some point for next couple months.
Open Interest is solid as well. Expecting more.
Volume is sitting at >1B daily => we'll see 2B, 3B, 5B etc... soon.
Fee/revenue is at $130k/day. 7 figures at some point.
In general, Extendedapp is growing quite fast lately thanks to the team hardwork and community support.
Love the vibe!
Vault tokenisation/unified portfolio margin
The most hypest in 2025 is HyperEVM probably coming to an end at some point.
I’ve been farming/using hyperevm for almost a year but feel like Hypercore is now fully set.
With unified porfolio margin, one wonders why should i use hyperevm lending protocol etc.
CT is waiting for S3, so am I. But if we don’t have, that’s fine. Hyperliquid still grows and lifts all boats.
Just a kind reminder: @extendedapp@rf_extended just announced Vault tokenisation which unlock more capital to trade; yes, even before what HL provides today.
That how I love @rf_extended .
Solid, consistent, down to earth!
Together, we’ll make @extendedapp great.
Surprise surprise, data shows that people were really farming HL S3 airdrop and starts giving up!
The number of active traders/wallets on HL peaked on Nov. 5th and started droping from there. The worse day Nov. 10th saw almost a 10% drop overnight.
Nothing like this happened before. In fact, active traders count kept increasing even around/after the Oct. 10 slaughter.
Ain't no way this recent trader count is orgainic and there's only one sensible explanation: S3 airdrop farmers are giving up.
Given that S1 started Nov. 2023, and S2 ened on Nov. 2024. Nov. 2025 was the time that farmers were expecting a S3 annoucement, and the lack thereof apparently prompted farmers to give up and turn off their bots.
data by @hypertracker
Finally, Var points are live.
Congrat for everyone out there trading/farming this cool perp dex.
If you guys need a code to join, remmember this:
OMNI0Y7ZFRD1
GVar everyone on @variational_io
Feel like we gonna have the perp race the same way “L1s 2021 competition.
Hyperliquid: ETH
Lighter Solana
Extendedapp: Avax
Variational: Luna/Near/Dot/whatever
Whatever you are farming now will reward you at the end.
@extendedapp expecting more!