Variational
Points Calculator

What could one point be worth? Pick a valuation, enter your points, do the math.

Value per point

–

Your points

Your airdrop–

AValuation

Compare with

Method

Peer FDV $B

Peer open interest $B

Variational open interest $B

Use Variational's two-sided headline OI

Variational FDV –

100M1B10B150B

Moving this slider switches to manual FDV.

BTotal points

Points at the snapshot –

9.3M11.5M

9.3M points are already issued, so it can't be less. Around 11M are expected by the end of Q4 2026. 32% of the token supply goes to points holders, as announced by the team.

CCost vs value

What does a point cost you in spreads and fees, and when does farming pay off?

Volume per point –

Your cost per $100k volume –

Spread + fees + funding. Tight delta-neutral farming on majors can get to roughly $20–25.

Cost per point: –
Break-even FDV: –
Value / cost: –

ESeason

9.3M issued–

Days until end of Q4: –
Points to come: –
Already issued: –

DScenarios

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