Ask about Variational
Logo of VariationalVariational

Key Metrics

Perp Volume 30d$26.793b
Perp Volume 30d by chain

Arbitrum$26.793b

Perp Volume 7d$5.133b

Arbitrum$5.133b

Perp Volume 24h$752.37m

Arbitrum$752.37m

Cumulative Perp Volume$156.461b

Arbitrum$156.461b

Open Interest$1.068b

Total Raised$61.8m

Oct 23, 2024$10.3mRound: SeedInvestors: Bain Capital Crypto, Peak XV Partners, Coinbase Ventures, Hack VC, Dragonfly Capital, North Island Ventures

Jun 4, 2025$1.5mRound: Investors: Mirana Ventures, Caladan, Zoku Ventures

May 20, 2026$50mRound: Series AInvestors: Dragonfly Capital, Coinbase Ventures, Bain Capital Crypto

Protocol Information

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.

CategoryDerivatives