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API docsExtended & Variational TGEs Are Coming
Two of the most anticipated perp DEX airdrops are next in line. Variational, the #2 perp DEX in October with $78B in volume (behind only Hyperliquid’s $229B, per CryptoRank), plans its $VAR TGE for Q4, with 32% of supply going to users fully unlocked. Extended has confirmed $XTEN for November: 1B supply, 30% to points users and 32.9% unlocked at TGE.
History says timing matters. All 8 recent perp DEX tokens rallied after TGE, from +65% for GRVT to +2,931% for HYPE. But half of them peaked within 12 days, and half now trade below their TGE price. The median token is 53% off its ATH.
AVNT is the cautionary tale: +820% in 12 days, now 66% below its TGE price. Only HYPE, LIT, O and TREAD still trade above launch.
🔗 Sources: CryptoRank, CoinMarketCap, DefiLlama, The Defiant
Top 7 Perks | Variational Points +12% | Nado Private Invite | Kolo Free Card Issuance | $20 in KAST Points
Two of the most anticipated perp DEX airdrops are next in line. Variational, the #2 perp DEX in October with $78B in volume (behind only Hyperliquid’s $229B, per CryptoRank), plans its $VAR TGE for Q4, with 32% of supply going to users fully unlocked. Extended has confirmed $XTEN for November: 1B supply, 30% to points users and 32.9% unlocked at TGE.
History says timing matters. All 8 recent perp DEX tokens rallied after TGE, from +65% for GRVT to +2,931% for HYPE. But half of them peaked within 12 days, and half now trade below their TGE price. The median token is 53% off its ATH.
AVNT is the cautionary tale: +820% in 12 days, now 66% below its TGE price. Only HYPE, LIT, O and TREAD still trade above launch.
🔗 Sources: CryptoRank, CoinMarketCap, DefiLlama, The Defiant
Top 7 Perks | Variational Points +12% | Nado Private Invite | Kolo Free Card Issuance | $20 in KAST Points
