# Polynomial Protocol: Financial services, Finland

> Polynomial Protocol: Polynomial Protocol is a decentralized finance (DeFi) company founded in 2021 and based in Dubai, United Arab Emirates. Based in Finland.

Source: https://millionrounds.com/startup/polynomial-protocol (Millionrounds; every figure on the page links to its filing or article)

Finland · [Financial services startup](https://millionrounds.com/companies)

# Polynomial Protocol

Polynomial Protocol is a decentralized finance (DeFi) company founded in 2021 and based in Dubai, United Arab Emirates.

Email

Funding reported Last round: Seed

Financial services Finland

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Company summary

- **Founded:** 2021 5 years old
- **Team:** 6 1 to 10 people
- **Funding reported:** 1.1M as listed, currency not stated
- **Last round:** Seed May 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Polynomial Protocol has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Polynomial Protocol

Polynomial Protocol is a decentralized finance (DeFi) company founded in 2021 and based in Dubai, United Arab Emirates.

With a team of around 8 employees, the company has raised $1.1 million in funding through a Seed VC round. Polynomial Protocol focuses on creating infrastructure for automated options trading and structured financial products, aiming to make complex financial instruments accessible through blockchain technology. The company operates within the Synthetix ecosystem on the Optimism network, offering services such as decentralized options liquidity aggregation, automated financial derivative strategies, and a perpetuals trading exchange. Its flagship products include Polynomial Earn, a fully on-chain DeFi Options Vault, and Polynomial Trade, which provides access to a wide range of assets with high leverage. Additionally, Polynomial is developing Polynomial Chain, a Layer 2 blockchain designed to enhance derivatives trading efficiency. With significant trading volumes exceeding $3.9 billion, Polynomial Protocol is positioned as a key player in the DeFi derivatives market.

## What company datasets say Polynomial Protocol raised

Funding, as reported

Reported in all **1.1M** in the source's currency

Rounds **2**

Last round **Seed**

Last round date **May 2023**

Investors listed **10**

## On a portfolio page

Investors who name them

- [Archetype](https://millionrounds.com/fund/archetype)

Each firm lists Polynomial Protocol on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Built with from their website

Google Tag Manager Google App Engine Google Workspace CloudFlare Viewport Meta dc.js Vite webpack Google Meet Firebase

+8 more

GitBook Svelte CloudFlare CDN Priority Hints React Google Font API Cloudflare Insights Mobile Friendly

- **Sector:** Financial services
- **Industry code:** NAICS 523210, SIC 6231
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/polynomial)

## Financial services in Finland

Startups like it

- [**Mash - We say yes** Helsinki · founded 2007](https://millionrounds.com/startup/mash-we-say-yes)
- [**Enfuce** Espoo · founded 2016](https://millionrounds.com/startup/enfuce)
- [**Tesseract** Helsinki · founded 2017](https://millionrounds.com/startup/tesseract-5)
- [**vertaaensin.fi** Helsinki · founded 2015](https://millionrounds.com/startup/vertaaensin-fi)
- [**Zevoy** Helsinki · founded 2020](https://millionrounds.com/startup/zevoy)
- [**puro.earth** Helsinki · founded 2018](https://millionrounds.com/startup/puro-earth)
- [**ZIROOPAY** Espoo · founded 2014](https://millionrounds.com/startup/ziroopay)
- [**MNX** Startup](https://millionrounds.com/startup/mnx)

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