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Variational develops a trading protocol and app for leveraged perpetual contracts and other derivatives.
Founded in 2022 and based in George Town, Cayman Islands, Variational develops trading technology through its protocol and Omni application. Omni enables peer-to-peer trading of leveraged perpetual contracts and other derivatives across assets including memecoins, pre-market tokens and prediction markets. In May 2026, the company raised USD 50 million in Series A funding led by Dragonfly Digital Management, with participation from Coinbase Ventures, Hack VC, North Island Ventures, Peak XV Partners, Bain Capital and Brevan Howard.
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