Gut feeling Variational will do well. Especially since HYPE and now LIT are both pumping. Two parts I care about: 1) Variational runs RFQ instead of an order book. So one MM quotes you from all of CEXs, DEXs and TradFi liquidity at once. For major RWAs, liquidity isn't a problem on any perp DEX. But for less liquid RWAs, RFQ is awesome. It just routes to liquidity that already exists offchain. 2) Still in private beta, and airdrop point farming runs till Q3 2026. Code is required and my code gives a 12% boost: OMNIIGNAS https://omni.variational.io/?ref=OMNIIGNAS(Ignas | DeFi)