SIDE-BY-SIDE COMPARISON

Variational Omni vs Hyperliquid

Compare published fees and activity. Figures can cover different product scopes and timestamps; higher activity does not guarantee better execution.

Normalized volume is a separate source-defined metric, not a wash-trading verdict. Amber observations are dated references or stale.

Variational Omni

Omni provides quoted execution against its liquidity provider. Compare the executable quote with the market; a zero trading fee does not remove the spread.

Open interest
$1.00B
Reported volume · 24h
$3.51B·
Normalized volume · 24h
—
Reported volume · 30d
$42.55B·
Maker / taker
0 bp / 0 bp
Taker fee / $100k
$0.00
Fee schedule checked
22 Sept 2026

Omni. No opening or closing trading fees. Spreads, funding, liquidation and deposit/withdrawal charges are separate.

Official fee source ↗

Variational protocol activity; fee example applies to Omni.

Open Variational Omni ↗Affiliate link

Hyperliquid

A perpetuals venue on a dedicated Layer 1. Review the market-specific book, fee tier, and position limits before sizing an order.

Open interest
$7.82B
Reported volume · 24h
$3.63B
Normalized volume · 24h
$12.64B·
Reported volume · 30d
$222.99B·
Maker / taker
1.5 bp / 4.5 bp
Taker fee / $100k
$45.00
Fee schedule checked
22 Sept 2026

Base tier · native perps. No staking or referral discount. HIP-3 deployer fees and growth-mode markets can differ.

Official fee source ↗

Hyperliquid Perps as tracked by DefiLlama. Builder markets can overlap with separate listings; totals are not summed.

Open Hyperliquid ↗