POPA ReconVariational Research by DeFi Lamas
Variational Research by DeFi Lamas 📌 Variety becomes TOP 10 perform DEX with $100B+ volume and $800M OI in first half of 2026 📌 Build a brokerage-style on-chain model to address value leak issues with Perp DEX and CLOB models 📌 Rather than accumulating liquidity in all markets in advance like CLOB, connect to RFQ when demand arises, and utilize TradFi liquidity to list long-term assets (stock, raw materials, FX, etc.) efficiently 📌 While offering traders zero-fee deals, LP earns stable returns without direct exposure to trader PnL 📌 It consists of price oracle, isolated margin and liquida…
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