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

ARB

ARB/USDT

$0.1947

+45.52%

$0.1947

+45.52%

(24s)

24h Volume

$1,230,977,189.50

24h H/L

$0.2066 / $0.1314

Change: $0.0752 (57.23%)

Long/Short

51.2%

Long: 51.2%Short: 48.8%

Funding Rate

-0.0029%

Shorts pay

Data provided by COINOTAG DATALive data

ARB

Daily

$0.1954

▲ 10.27%

Volume (24h): -

Resistance Levels

Resistance 3$0.2382

Resistance 2$0.2168

Resistance 1$0.2066

Price$0.1954

Support 1$0.1911

Support 2$0.1773

Support 3$0.1546

Pivot (PP):$0.163067

Trend:Uptrend

RSI (14):85.2

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…