# Variational **Source:** https://www.startuphub.ai/startups/variational **Profile type:** Startup > On-chain derivatives trading protocol with Real-World Asset markets. ## About Variational is a protocol for on-chain derivatives trading. It has launched its first Real-World Asset (RWA) markets, allowing traders to access traditional assets alongside their cryptocurrency portfolios. ## Key facts - **Slug:** variational - **Website:** https://variational.finance/ - **Location:** George Town, Cayman Islands - **Founded:** 2022-01-01 - **Operating status:** Active - **Total funding:** $50M - **Sectors / tags:** Decentralized Finance (DeFi), Blockchain, Fintech, Derivatives, Real-World Assets (RWA), DeFi, Tokenized Real-World Assets, Derivatives Trading, Web3, Decentralized Finance, Crypto Exchange, API Platform ## Frequently asked ### What does Variational do? Variational is a protocol for on-chain derivatives trading. It has launched its first Real-World Asset (RWA) markets, allowing traders to access traditional assets alongside their cryptocurrency portfolios. ### What is Variational's valuation? StartupHub estimates Variational's effective valuation at $202.9M (range $125.0M to $300.0M, 21% confidence), based on comparable companies in the sector. ### How much funding has Variational raised? Variational has raised a total of $50M in funding. The most recent round on record is Series A. ### Where is Variational headquartered? Variational is headquartered in George Town, Cayman Islands. ### When was Variational founded? Variational was founded in 2022. ### What industry does Variational operate in? Variational operates in Decentralized Finance (DeFi), Blockchain, Fintech, Derivatives, Real-World Assets (RWA), DeFi. ## JSON-LD Structured data aligned with this page's `