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Bluefin vs Variational: which perp DEX is better?

A side-by-side comparison of Bluefin and Variational on fees, leverage, volume, chain and token.

BluefinVariational
24h volume$120Mn/a
Maker fee0.5 bps0 bps
Taker fee4.5 bps0 bps
Max leverage50x50x
ModelOrderbookPool
ChainSuiArbitrum
Token$BLUENo token
AssetsCryptoCrypto, Stocks, Commodities

Bluefin vs Variational: which should you choose?

If your priority is cost, Variational wins on taker fees (0 bps). For maximum leverage, Bluefin goes up to 50x. For depth and liquidity, Bluefin trades the most volume of the two.

Bluefin runs a orderbook on Sui, while Variational runs a pool on Arbitrum. Read the full profiles: Bluefin and Variational.

FAQ

Is Bluefin or Variational cheaper?
Variational has the lower taker fee (0 bps vs 4.5 bps). Funding rates also affect total cost, so check both before trading.
Which has higher leverage, Bluefin or Variational?
Bluefin offers more, up to 50x, versus 50x. Higher leverage means higher liquidation risk.
Which is bigger, Bluefin or Variational?
Bluefin has more listed 24h volume ($120M), which usually means deeper liquidity and less slippage.

More comparisons

Not financial advice. Volume figures are compiled from each venue's public data on our live rankings and may lag; fees, leverage and token status are curated and can change. Always verify on the exchange before trading. Perpetual futures are high risk and leverage can liquidate your position.