Variational Protocol
On-Chain Trader Rewards

Variational identified 10,000 of the most active on-chain perpetual traders from other venues who haven't onboarded to Omni yet, and reserved a dedicated reward pool for them. The key detail is that this pool sits on top of the standard Omni points program - if you qualify, the exact same trading volume earns you regular points and tier refunds as usual, plus a separate milestone payout from the Trader Rewards campaign. Nothing is taken away from the base farm.

To check whether you made the list, open the Trader Rewards dashboard and enter your wallet address into the search field. If it's there, you'll also see your assigned tier.

Addresses are pre-ranked into five tiers based on historical trading activity elsewhere: Dolphin, Shark, Orca, Whale, Leviathan.

Each tier has its own volume milestone to hit on Omni before the reward unlocks - roughly $1M for Dolphin at the entry level, scaling up to $50M for Leviathan. Higher tiers don't pay out all at once: they release in two tranches, at 25% and 100% of the milestone, so you collect part of the reward well before clearing the full requirement.

Eligible referrers - Bronze tier or higher holding a pre-campaign referral code, earn $USDC alongside points for the traders they bring in.

The campaign is first-come, first-served and ends at the first weekly distribution that pushes total campaign points to or above 150,000, or when the broader Omni points program wraps up (no later than the end of Q3 2026), whichever comes first. With Q3 closing at the end of September 2026 and the points cap potentially hitting sooner, the realistic farming window is weeks, not months. Traders sitting on a high tier have the largest milestones to clear and therefore the least room to procrastinate.

Payouts of both points and $USDC are processed manually around 00:00 UTC every Thursday, covering activity completed through the previous Wednesday. Self-referrals, multi-accounting, wash trading, and other prohibited conduct result in disqualification — and since tiers were assigned from real historical activity, farming with fresh wallets defeats the purpose anyway.

Your tier is fixed and can't be upgraded retroactively, so check every wallet you've traded perps from: the list is address-based, and a secondary wallet may well be on it while your main one isn't.

Once you've confirmed eligibility and claimed via the dashboard, create an account and start clearing volume. There are two ways to do it:

• Active trading farm

The direct approach: deposit $USDC on Arbitrum and trade perps on Omni until you clear your tier's milestone. Volume simultaneously upgrades your in-app tier, raising the refunds you get on losing trades, and feeds the regular points program that should define the eventual Variational airdrop allocation.

Because milestones are absolute volume thresholds rather than a share of a weekly pool, this track rewards consistency over timing. Just keep the Thursday cutoff in mind: volume traded after Wednesday rolls into the following week's distribution, which matters when the campaign could close on a points cap at any weekly settlement.

• Passive (delta-neutral) farm

If you'd rather clear a 1-50M milestone without taking directional risk, hedge your Omni positions on another perp DEX - Extended, BulkTrade, Pacifica, Hyperliquid, etc. Net exposure stays near zero while volume and open interest still accumulate on Variational, and you typically earn points on the hedge venue as well.

To push liquidations further away, open opposite-direction positions on two correlated assets (for example, long BTC and short ETH on Omni), then mirror them inversely on the hedge exchange. With the right pair you can also collect the funding rate spread on top. 

But always keep in mind to check both margin balances regularly, since correlation isn't perfect and a liquidation on either leg kills the setup, and keep the hedging genuinely cross-venue, because opposing positions on the same account is exactly the wash trading pattern that triggers disqualification.

Good Luck! 🍀