Lucas Schuermann

What Lucas Schuermann has said on podcasts

20 statements

1. on VariationalNeutralSep 30, 2026· Bankless

   Variational operates as a principal broker rather than an order-book exchange.

   “we're a broker-like model, not an exchange. We don't have order books on our platform. We take the other side of the trade and hedge it against aggregated global liquidity.”

   Listen at 1:09

   Open the episode · Is Variational the Next Hyperliquid? | CEO Lucas Schuermann and Justin Bram
2. on Variational brokerage modelPositiveSep 30, 2026· Bankless

   Variational’s brokerage model enables zero-fee trading and many crypto-perpetual listings.

   “This allows some really unique things like zero fee trading, like hundreds of listings and crypto perps.”

   Listen at 1:17

   Open the episode · Is Variational the Next Hyperliquid? | CEO Lucas Schuermann and Justin Bram
3. on Variational RWA tradingPositiveSep 30, 2026· Bankless

   Variational offers substantially better RWA spreads and execution costs than competing platforms.

   “in RWAs, we're able to show order magnitude better spreads and execution costs than competing platforms.”

   Listen at 3:04

   Open the episode · Is Variational the Next Hyperliquid? | CEO Lucas Schuermann and Justin Bram

Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.

• Sep 30, 2026Variational bets on brokerage to reshape onchain derivativesBanklessSep 30, 2026Guest