174567 Varda (provisional designation 2003 MW12) is a binary trans-Neptunian planetoid of the resonant hot classical population of the Kuiper belt, located in the outermost region of the Solar System.

[13] Astronomer Michael Brown estimates that, with an absolute magnitude of 3.5 and a calculated diameter of approximately 700–800 kilometers (430–500 miles),[14][15] it is likely a dwarf planet.

[16] However, William M. Grundy et al. argue that objects in the size range of 400–1000 km, with albedos less than ≈0.2 and densities of ≈1.2 g/cm3 or less, have likely never compressed into fully solid bodies, let alone differentiated, and so are highly unlikely to be dwarf planets.

Varda was discovered in March 2006, using imagery dated from 21 June 2003, by Jeffrey A. Larsen with the Spacewatch telescope as part of a United States Naval Academy Trident Scholar project.

Varda (Quenya: [ˈvarda]) is the queen of the Valar, creator of the stars, one of the most powerful servants of almighty Eru Ilúvatar in J. R. R. Tolkien's fictional mythology.

[7] The surfaces of both the primary and the satellite appear to be red in the visible and near-infrared parts of the spectrum (spectral class IR), with Ilmarë being slightly redder than Varda.