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Variational, a peer-to-peer derivatives trading protocol on Arbitrum, has secured $1.5 million in strategic funding to expand its Omni platform. The funding round, backed by Mirana Ventures and Caladan, follows a $10.3 million seed round and the launch of Omni’s private beta. The platform also introduced a referral program to grow its user base organically.
- Variational raised $1.5M in strategic funding to expand its zero-fee perpetual futures platform, Omni.
- Omni's private beta has processed $100M in volume and offers an 87% annualized yield for its liquidity vault.
- The platform launched a referral program to grow its user base ahead of its public mainnet release.
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Other Tags: DeFi, Dragonfly, Mirana Ventures