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Web3 Graveyard
DiscontinuedDeFi derivativesEthereum2021–2026

Polynomial

Options strategies evolved into an onchain derivatives platform

A decentralized derivatives project offering automated strategies and perpetuals trading.

Capital raised (announced)

Disclosed financing only; a later round’s amount remains unknown.

Funding

RoundDateAnnouncedInvestors
Pre-seed20 October 2021

Announced is what was said at the time. Cash actually received is rarely disclosed and is not assumed to match.

People

NameRolePeriodNowLast checked
Mubaris NK—Not establishedOct 2026
Salman Naseer—Not establishedOct 2026
Gautham Santhosh—Not establishedOct 2026

Timeline

  1. 18 February 2026

    The closure notice set this date for forced position closure and 3 March for the full platform shutdown. These are announced endpoints.

How it ended

Polynomial’s team said it would close Polynomial Chain and Trade, then regroup before returning with a stronger product. The notice does not establish the final closure of the company.

Still alive

Open spot

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Sources

5 sources behind this page.

  1. 1Polynomial Protocol founders, funding and overview · CoinCarp · user-editable
  2. 2Polynomial To Cease Operations · Crowdfund Insider · Feb 2026
  3. 3Polynomial Protocol company profile · Polynomial Protocol on LinkedIn
  4. 4Polynomial announces $1.1 million funding closing · TokenInsight · Oct 2021
  5. 5Polynomial founder profile · Tracxn · user-editable

Every figure above is clickable and opens the sources behind it. Copies were stored when each source was read, so a citation still resolves after the page it came from is gone.

Polynomial · Web3 Graveyard