Variational has launched its testnet and is preparing for the mainnet, with plans to expand its team and product offerings.
Founders
Lucas Schuermann, Edward Yu
Company Description
Variational is a peer-to-peer crypto derivatives trading protocol built on the Ethereum Layer 2 network Arbitrum, enabling seamless execution of customized derivatives contracts using automated infrastructure.
Market
Peer-to-peer trading and settlement
Location
Cayman Islands
Coinvestors
Bain Capital Crypto, Peak XV Partners, Coinbase Ventures, Dragonfly Capital, North Island Ventures, Hack VC