<p>Variational is a peer-to-peer trading protocol for perpetuals and generalized derivatives. It automates the end-to-end process of trading and clearing for safe bilateral trading of options, futures, perpetuals, and more. </p>

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<p>May 20, 2026 - Variational raised $50 mln in a Series A round.&nbsp;</p>

Variational

Variational is a peer-to-peer trading protocol for perpetuals and generalized derivatives.

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