Variational Secures $1.5M Strategic Funding for Omni Perpetuals Platform

Variational, the protocol behind zero-fee perpetual futures platform Omni, has raised $1.5 million in strategic funding from Mirana Ventures, Caladan, and Zoku Ventures. The Arbitrum-based derivatives trading protocol previously closed a $10.3 million seed round in September alongside its Omni Mainnet Private Beta launch.

The Omni platform utilizes request-for-quote infrastructure rather than traditional orderbooks, supported by its proprietary Omni Liquidity Provider (OLP) system. Since January's private beta launch, the platform has processed over $100 million in volume while maintaining zero trading fees and delivering 87% annualized yields for liquidity providers.

"This strategic round aligns partners who can accelerate Variational's growth trajectory," said founder Lucas V. Schuermann, noting participants include market makers for OLP support and teams to expand Omni's trader network.