Core Contributors
Last updated
Last updated
Variational is co-founded by and . Lucas and Edward both studied at Columbia University, before founding their own hedge fund called Qu Capital in 2017. In 2019, after raising multiple rounds of capital for the fund, Qu Capital was acquired by Distributed Currency Group (Genesis), and Lucas and Edward became the VP of Engineering and VP of Quant Trading (respectively) at Genesis Trading.
In 2021, after processing hundreds of billions in volume at Genesis, Lucas and Edward left to start their own market making fund named Variational. After raising to profitably run their trading strategies for a few years, and integrating with virtually every CEX and DEX in the space, Lucas and Edward decided to use the trading profits from Variational's market making to begin building the Variational Protocol. Lucas and Edward's goal with the Variational Protocol is to open their strategies up to retail traders with , and streamline institutional OTC trading with .
The Variational development and quant teams consist of active in crypto algorithmic trading since 2017 with prior experience at Google, Meta (Facebook), Goldman Sachs, GSR, and more. All members of the core technical team each have more than a decade of experience in software engineering.