Cryptocurrency21 May 2026SEO 801 min read

Analysis: Peer-to-peer trading startup Variational raises $50 million for real-world perp…

The company is initially offering perpetual futures on real-world assets including oil, silver, copper and gold. Variational, an onchain derivatives trading pr…

The company is initially offering perpetual futures on real-world assets including oil, silver, copper and gold. Variational, an onchain derivatives trading protocol, said it raised $50 million in a round led by Dragonfly with participation from Bain Capital Crypto and Coinbase Ventures. The company plans to use the funding to expand its derivatives trading services, including its range of perpetual futures tied to real-world assets such as gold, silver, copper and WTI crude oil. Variational, w…

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