Aevo is a decentralized derivatives exchange focused on options and perpetual trading. The DEX runs on Aevo L2, an Ethereum roll-up based on the OP Stack.
How does Aevo work
Aevo Exchange is built on the Aevo L2, which is an Ethereum roll-up. The Aevo L2 is based on the OP Stack, and currently uses Conduit to run the infrastructure. Aevo L2 currently uses Celestia for Data Availability, reducing the cost for users to use the chain.
Aveo price and tokenomics
AEVO is built by the team that launched Ribbon Finance. As such, $RBN holders are able to convert their $RBN to $AEVO at a 1:1 rate, which requires a 2-month lockup.
About the team
Aevo was started by the two co-founders Julian Koh and Ken Chan. Julian and Ken were previously software engineers at Coinbase, and before that worked at crypto projects such as Zilliqa and Numerai.
Aveo highlights
In Q1 2024, Aevo reached a high of over $5b in daily trading volume and 60k weekly active users. Aevo has over 130,000 cumulative users. Aevo is also the largest player in the Defi options, and top 3 in the DeFi Perpetuals space
Frequently Asked Questions about Aevo
- What is Aevo (AEVO)?
Aevo is a decentralized derivatives exchange focused on options and perpetual trading. The DEX runs on Aevo L2, an Ethereum roll-up based on the OP Stack.
- What are the technology features of Aevo?
Aevo Exchange is built on the Aevo L2, which is an Ethereum roll-up. The Aevo L2 is based on the OP Stack, and currently uses Conduit to run the infrastructure. Aevo L2 currently uses Celestia for Data Availability, reducing the cost for users to use the chain.
- What is the AEVO token used for?
The AEVO token governs the Aevo Exchange and Aevo L2. RBN tokenholders are able to migrate their RBN to AEVO at a 1:1 rate, with a 2 month lockup period.
