Variational raises $50.0M Series A (Cayman Islands, May 2026)

The decentralized derivatives trading platform Variational has completed a $50 million Series A financing round, led by Dragonfly Capital - WEEX

Variational is a decentralized derivatives trading platform that aims to build an on-chain derivatives protocol for institutional and traditional financial traders. By aggregating liquidity from both traditional finance and the crypto market, it provides an on-chain market for real assets like oil and commodities. Its core product, the Omni platform, features a zero-fee model and a liquidity pool mechanism to enhance market depth and execution efficiency.

The decentralized derivatives trading platform Variational has completed a $50 million Series A financing round, led by Dragonfly Capital  WEEX