WEC 38: Varner vs. Cerrone was a mixed martial arts event held by World Extreme Cagefighting on January 25, 2009.

In the main event, WEC Lightweight Champion Jamie Varner defended his title against undefeated top contender Donald Cerrone.

Featured on the card was a rematch between former WEC Featherweight Champion Urijah Faber and Jens Pulver.

The Faber/Aldo matchup would eventually take place at WEC 48 the following year, where Aldo defended his then-WEC Featherweight Championship in a unanimous decision victory.

[1] Ed Ratcliff was originally slated to face WEC newcomer Anthony Njokuani at this event, but was forced from the bout with an injury and replaced by the debuting Ben Henderson.