According to industry sources, Variational completed a $1.5 million Strategic round of financing on June 4, 2025. The round saw participation from institutions including Mirana Ventures, Caladan, and Zoku Ventures. Following this funding, Variational's total capital raised now stands at $11.8 million.Variational is a crypto derivatives trading protocol built on Arbitrum. Its core offering is the perpetual contract trading platform Omni, which enables traders to take leveraged long or short positions on any time series, with a particular focus on innovative products such as newly issued tokens, asset baskets, and yield/volatility perpetual contracts. OLP, as the liquidity provider for Omni, aggregates liquidity from major exchanges and OTC platforms. Additionally, Variational has launched a Pro platform targeting institutional traders.Reviewing Variational’s fundraising history, the project completed its first round in June 2022 and subsequently raised $10.3 million in a seed round in October 2024, leading up to the current Strategic round. This series of financings underscores sustained investor confidence in the innovation of crypto derivatives trading. As the crypto market continues to evolve, Variational is positioned to exert greater influence in the derivatives sector through its distinctive product design and diverse trading tools.