Binance 48th Launchpool Project AEVO
Let’s Driven into Binance New Launchpool Project Aevo (AEVO)
Binance is excited to announce the 48th project on Binance Launchpool - AEVO (AEVO), a decentralized derivatives exchange platform.
Users will be able to stake their BNB and FDUSD into separate pools to farm AEVO tokens over five days, with farming starting from 2024-03-08 00:00 (UTC).
Binance will then list AEVO at 2024-03-13 10:00 (UTC) and open trading with AEVO/BTC, AEVO/USDT, AEVO/BNB, AEVO/FDUSD and AEVO/TRY trading pairs. The Seed Tag will be applied to AEVO.
Let’s know about Aevo(AEVO):
What is Aevo?
Aevo is a decentralized derivatives exchange platform, focused on options and perpetual trading. The DEX runs on Aevo L2, an Ethereum roll-up based on the OP Stack.
Introducing Aevo
To solve these problems, we’re introducing Aevo, a next-generation options exchange. Aevo is a high-performance, order-book based decentralized exchange that comes with all the features necessary for a pro options trader. This includes a robust margining system (with portfolio margin), as well as hundreds of instruments to trade, including daily/weekly/monthly/quarterly options. All of this is built on a custom EVM rollup that was designed for scale, and rolls up to Ethereum for security.
Aevo aims to become the #1 venue to trade options on-chain. The 3 main advantages that Aevo brings users are:
100+ instruments, with many strikes and expiries.Deep liquidity, by partnering with the best options trading firms in the world.Instant onboarding, deposit USDC from any EVM-chain.
In my opinion, I think Aevo(AEVO) will be performance like Uniswap(UNI) & Pancakeswap(CAKE) but Aevo is more potential compare with Uniswap & Pancakeswap. Aevo has so much features which makes Aevo special then any other DEX (Decentralized Exchange) . On Aevo Exchange , users don’t need to sign up for trading, it will be work like decentralized. On Aevo, users can build their own portfolio which will be help to manage funds. And another more interesting features on Aevo which is Aevo OTC. Aevo OTC is the first platform that allows users to trade altcoin options on-chain, in size, with institutional grade liquidity providers. Aevo OTC uses an RFQ system with an on-chain dynamic margin system. For these features of Aevo, I preferred everyone to using Aevo Platform.
$AEVO Price Prediction
According to BlockBeats, decentralized derivatives trading platform Aevo has raised $16.6 million in three funding rounds. In the seed round, 10% of the total token supply was valued at $18.5 million. In the Series A round, 4.62% of the total token supply was valued at $130 million. In the Series A+ round, 3.5% of the total token supply was valued at $250 million. (Source: Coinlive)
From my experience, I can predict that 1 $AEVO Price will be around $1.8-$4.5. Recently Bitcoin hits New ATH, so crypto market is super bullish right now. Market has so much liquidity, as AEVO is a decentralized platform so their team well known about market situation. So I said that,$AEVO Price will be around $1.8-$4.5 at the time of listing and it will became stable at $2.8-$3.2. Its my personal prediction on $AEVO Token.
Lets See Some Important Usecases of Aevo(AEVO)
Aevo has established itself as one of the leading decentralized options protocols, with a trading volume exceeding 50 million USD weekly in recent months.Utilizing a custom EVM roll-up built with the Optimism SDK, Aevo’s hybrid on/off-chain architecture achieves nearly 5000 transactions per second (TPS).Despite being a lagging trading vertical within DeFi, mainly due to the instrument’s complexity, lack of liquidity, and competition with established products like perpetual futures, options trading holds significant potential for growth.When compared to the US traditional finance (TradFi) options market, crypto centralized options are 100 times smaller, and decentralized options are 10,000 times smaller. Yet, the intrinsic crypto market size is substantial enough for decentralized options to potentially grow 5x to 10x, even without expanding the overall crypto options market.The Aevo team has demonstrated rapid innovation and timely decision-making, positioning the protocol among the top DeFi options marketplaces. Over the past six months, both the volume and the number of users on the platform have increased by 5 to 10 times, with perpetuals still accounting for the majority of the volume.Aevo’s new roll-up architecture and the deployment of features such as yield-bearing deposits, pre-launch futures markets, institutional RFQ OTC service, and vertical integrations with Ribbon yield strategies are among several offerings that position Aevo as a potential new disruptor in the options market.
In decentralized options, Aevo leads alongside platforms like Lyra. Aevo handles between $200 million and $400 million in volume monthly.
Now See the information of $AEVO Tokens:
Token Name: AEVO (AEVO)
Max Token Supply: 1,000,000,000 AEVO
Launchpool Token Rewards: 45,000,000 AEVO (4.5% of max token supply)
Initial Circulating Supply: 110,000,000 AEVO (11% of max token supply)
Smart Contract Details: Ethereum
$AEVO Smart Contract Address: 0xB528edBef013aff855ac3c50b381f253aF13b997
$AEVO Token Decimal: 18
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