According to Foresight News, the crypto derivatives trading protocol Variational based on Arbitrum has completed a $1.5 million strategic round of financing, with investors including Mirana Ventures, Caladan, and Zoku Ventures (FKA Superpotion). Variational's roadmap for the remaining time in 2025 includes implementing loss rebates and other new reward mechanisms, launching the public mainnet of Omni, announcing mainnet reward measures, and opening the OLP vault for community deposits.
As previously reported by Foresight News, Variational completed a $10.3 million seed round in September last year, with Bain Capital Crypto and Peak XV Partners (formerly Sequoia India and Southeast Asia) as lead investors, and participants including Coinbase Ventures, Dragonfly Capital, North Island Ventures, and Hack VC.
