Variational is a crypto derivatives trading protocol based on Arbitrum. Its applications include Omni, a perpetual futures trading platform that allows traders to take leveraged long or short positions on any time series, with a special focus on newly launched tokens, baskets, yield/volatility perpetual contracts, and other new products. OLP is Omni's liquidity provider, which brings together liquidity from centralized and decentralized exchanges and over-the-counter trading platforms. The second application of Variational is Pro, a platform for institutional traders.
Monitoring by Odaily Seer Prophet Channel shows that on predict.fun, the probability of "Variational's FDV market cap exceeding $500 million one day after opening" has risen to 57%, up 12% in 24H. Additionally, the probability of "Variational's FDV market cap exceeding $800 million one day after opening" has risen to 36%.Last night, Variational announced the completion of a $50 million Series A funding round, led by Dragonfly Capital, with participation from Bain Capital Crypto and Coinbase Ventures.Odaily Seer Prophet Channel continues to monitor the prediction market — seeing changes before they are priced in.
According to DefiLlama data, Variational's open interest exceeds $800 million, ranking fourth in the Perp DEX sector. Notably, among the top five Perp DEXs by open interest, Variational is the only platform that has not yet issued a token.Previously, it was reported that last night Variational announced the completion of a $50 million Series A funding round, led by Dragonfly Capital.
decentralized derivatives trading platform Variational has announced the completion of a $50 million Series A funding round. The round was led by Dragonfly Capital, with participation from Bain Capital Crypto and Coinbase Ventures. Headquartered in the Cayman Islands, the company is dedicated to building an on-chain derivatives protocol for institutional and traditional finance traders. By aggregating liquidity from both traditional finance and crypto markets, it aims to provide instantly tradable on-chain markets for real-world assets such as oil and commodities. Its core product, the Omni platform, adopts a zero-fee model and incorporates a liquidity pool mechanism to enhance market depth and execution efficiency.Variational stated that its goal is not to directly compete with centralized exchanges, but rather to connect multi-source liquidity through a "brokerage-style" model, including traditional finance market makers and major crypto trading platforms, in order to solve the "liquidity cold start" problem for on-chain markets. (Fortune)
Odaily News: predict.fun stated on the X platform that the predicted probability of Variational reaching a $1 billion FDV one day after launch has risen from 41% to 59%.
Odaily News: Variational has launched its first batch of Swap markets, XAU and US100, with execution costs reduced by up to 87.5% compared to on-chain TradFi perpetual contracts. Its trading mechanism aligns with traditional financial markets and can directly tap into TradFi dealer liquidity, providing deeper market liquidity and more predictable holding costs.Swaps offer exposure to underlying assets similar to perpetual contracts. The key differences lie in liquidity sources and holding costs: Swaps are priced based on TradFi liquidity and replace volatile funding rates with a stable holding cost rate primarily benchmarked to USD borrowing costs. Like all Variational markets, Swaps charge no trading fees. Swaps will trade alongside existing TradFi perpetual contracts, and Variational plans to list new Swap markets over the coming months at a cadence similar to its perpetual markets.
Odaily News: predict.fun stated on the X platform that the predicted probability of Variational reaching a $1 billion FDV one day after launch has risen from 41% to 59%.
Odaily News: Variational has launched its first batch of Swap markets, XAU and US100, with execution costs reduced by up to 87.5% compared to on-chain TradFi perpetual contracts. Its trading mechanism aligns with traditional financial markets and can directly tap into TradFi dealer liquidity, providing deeper market liquidity and more predictable holding costs.Swaps offer exposure to underlying assets similar to perpetual contracts. The key differences lie in liquidity sources and holding costs: Swaps are priced based on TradFi liquidity and replace volatile funding rates with a stable holding cost rate primarily benchmarked to USD borrowing costs. Like all Variational markets, Swaps charge no trading fees. Swaps will trade alongside existing TradFi perpetual contracts, and Variational plans to list new Swap markets over the coming months at a cadence similar to its perpetual markets.
Monitoring by Odaily Seer Prophet Channel shows that on predict.fun, the probability of "Variational's FDV market cap exceeding $500 million one day after opening" has risen to 57%, up 12% in 24H. Additionally, the probability of "Variational's FDV market cap exceeding $800 million one day after opening" has risen to 36%.Last night, Variational announced the completion of a $50 million Series A funding round, led by Dragonfly Capital, with participation from Bain Capital Crypto and Coinbase Ventures.Odaily Seer Prophet Channel continues to monitor the prediction market — seeing changes before they are priced in.
According to DefiLlama data, Variational's open interest exceeds $800 million, ranking fourth in the Perp DEX sector. Notably, among the top five Perp DEXs by open interest, Variational is the only platform that has not yet issued a token.Previously, it was reported that last night Variational announced the completion of a $50 million Series A funding round, led by Dragonfly Capital.
decentralized derivatives trading platform Variational has announced the completion of a $50 million Series A funding round. The round was led by Dragonfly Capital, with participation from Bain Capital Crypto and Coinbase Ventures. Headquartered in the Cayman Islands, the company is dedicated to building an on-chain derivatives protocol for institutional and traditional finance traders. By aggregating liquidity from both traditional finance and crypto markets, it aims to provide instantly tradable on-chain markets for real-world assets such as oil and commodities. Its core product, the Omni platform, adopts a zero-fee model and incorporates a liquidity pool mechanism to enhance market depth and execution efficiency.Variational stated that its goal is not to directly compete with centralized exchanges, but rather to connect multi-source liquidity through a "brokerage-style" model, including traditional finance market makers and major crypto trading platforms, in order to solve the "liquidity cold start" problem for on-chain markets. (Fortune)