SIDE-BY-SIDE COMPARISON

Variational Omni vs Lighter

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

Lighter

An order-book venue with different account modes. Standard, Premium and Plus accounts trade off fees, latency and rate limits.

Open interest
$544.48M
Reported volume · 24h
$1.57B
Normalized volume · 24h
$2.18B·
Reported volume · 30d
$53.78B·
Maker / taker
0 bp / 0 bp
Taker fee / $100k
$0.00
Fee schedule checked
22 Sept 2026

Standard account. Ordinary Standard-account orders. Premium and Plus accounts and specialized order types may charge fees; confirm the order ticket.

Official fee source ↗

Lighter main perpetuals only for API observations. Robinhood perpetuals are excluded. A public-page parent observation may have broader coverage; its scope is labelled.

Open Lighter ↗