V

Variational

9 funding rounds

Variational is a protocol that provides infrastructure for peer-to-peer trading, clearing, and settlement of perpetuals and generalized derivatives. The Variational Protocol enables safe and efficient bilateral trading of options, futures, perpetuals, exotics, and more. Multiple apps have been built on the Variational Protocol, including Omni for perpetuals trading and Pro for institutions to trade customizable OTC derivatives

TradingDeFi

Total Raised

$97.2M

Funding Rounds History

Series A

Synced

May 20, 2026

$50M

Lead Investors

Dragonfly Capital

Other Investors

Coinbase Ventures
Bain Capital Crypto

Undisclosed Round

Synced

Jun 4, 2025

$1.5M

Other Investors

Mirana Ventures
Caladan
Zoku Ventures

Undisclosed Round

Synced

Jun 4, 2025

$1.5M

Other Investors

Mirana Ventures
Caladan
Zoku Ventures

Undisclosed Round

Synced

Jun 4, 2025

$1.5M

Other Investors

Mirana Ventures
Caladan
Zoku Ventures

Undisclosed Round

Synced

Jun 4, 2025

$1.5M

Other Investors

Mirana Ventures
Caladan
Zoku Ventures

Seed

Synced

Oct 23, 2024

$10.3M

Lead Investors

Bain Capital Crypto
Peak XV Partners

Other Investors

Coinbase Ventures
Hack VC
Dragonfly Capital
North Island Ventures

Seed

Synced

Oct 23, 2024

$10.3M

Lead Investors

Bain Capital Crypto
Peak XV Partners

Other Investors

Coinbase Ventures
Hack VC
Dragonfly Capital
North Island Ventures

Seed

Synced

Oct 23, 2024

$10.3M

Lead Investors

Bain Capital Crypto
Peak XV Partners

Other Investors

Coinbase Ventures
Hack VC
Dragonfly Capital
North Island Ventures

Seed

Synced

Oct 23, 2024

$10.3M

Lead Investors

Bain Capital Crypto
Peak XV Partners

Other Investors

Coinbase Ventures
Hack VC
Dragonfly Capital
North Island Ventures