Variational

Crypto derivatives trading protocol

About Variational

Founded2021
Variational is a protocol for on-chain derivatives trading across crypto, equities, commodities, and forex. By aggregating the deepest possible liquidity for each market from CEXs, DEXs, and TradFi dealers, Variational plugs DeFi directly into the global economy. The Variational Protocol currently powers two primary applications: Omni (a zero-fee perps trading venue) and Pro (an institution-focused settlement layer for customized derivatives).
Community
LinkedIn
Twitter
Website
Tags
DeFi
Derivatives
Perp

Trend of Hot Index Change

Team Members

Edward Yu
Edward Yu

Founder

Lucas Schuerma
Lucas Schuerma

Founder/CEO

Max
Max

Head of Growth

Cas333
Cas333

Growth

Investors

Dragonfly
Dragonfly
Coinbase Ventures
Coinbase Ventures
Bain Capital Crypto
Bain Capital Crypto
Mirana Ventures
Mirana Ventures
Caladan
Caladan
Peak XV Partners
Peak XV Partners
Hack VC
Hack VC
North Island Ventures
North Island Ventures
Sequoia Capital
Sequoia Capital
Zoku Ventures
Zoku Ventures

Fundrasing details

Series A(2026-05-19)
Amount$50.00M
Investors
Dragonfly
Dragonfly
Coinbase Ventures
Coinbase Ventures
Bain Capital Crypto
Bain Capital Crypto
Valuation--
Strategic(2025-06-03)
Amount$1.50M
Investors
Mirana Ventures
Mirana Ventures
Caladan
Caladan
Zoku Ventures
Zoku Ventures
Valuation--
Seed(2024-10-22)
Amount$10.30M
Investors
Bain Capital Crypto
Bain Capital Crypto
Peak XV Partners
Peak XV Partners
Coinbase Ventures
Coinbase Ventures
Dragonfly
Dragonfly
Hack VC
Hack VC
North Island Ventures
North Island Ventures
Valuation--
--(2022-05-31)
Amount--
Investors
Coinbase Ventures
Coinbase Ventures
Dragonfly
Dragonfly
Sequoia Capital
Sequoia Capital
Bain Capital Crypto
Bain Capital Crypto
North Island Ventures
North Island Ventures
Valuation--