Arbitrum-based derivatives venue Variational raises $50 million Series A led by Dragonfly

ARB

ARB/USDT

$0.0735

-1.21%

$0.0735

-1.21%

(24s)

24h Volume

$22,138,116.15

24h H/L

$0.0745 / $0.0722

Change: $0.002300 (3.19%)

Long/Short

60.3%

Long: 60.3%Short: 39.7%

Funding Rate

+0.0025%

Longs pay

Data provided by COINOTAG DATALive data

ARB

Daily

$0.0735

▲ 1.10%

Volume (24h): -

Resistance Levels

Resistance 3$0.0875

Resistance 2$0.0795

Resistance 1$0.0756

Price$0.0735

Support 1$0.0728

Support 2$0.0705

Support 3$0.0490

Pivot (PP):$0.073667

Trend:Downtrend

RSI (14):36.8

The Block Editorial

(04:08 PM UTC)

1 min read

Updated byJames Mitchell

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Arbitrum-based derivatives startup Variational has raised a $50 million Series A round led by Dragonfly Capital, according to an announcement on X on Wednesday.

The round also saw participation from Bain Capital Crypto and Coinbase Ventures, according to Fortune, which was first to report the news. Bain previously led the company’s $10.3 million seed round.

Founded by Lucas Schuermann and Edward…