Aevo - All You Need to Know (Details and Price Predictions)
#Aevo is the newest project on Binance Launchpool.
Its farm is NOW LIVE 👉 here
🔸Stake your $BNB and $FDUSD to earn $AEVO,
🔸On March 13 at 10:00, $AEVO will be listed on #Binance
🔥No time to waste because only 4 days left to Farm $AEVO on Binance Launchpool.
You don't wanna miss it.
The reasons below.
Aevo is a high-performance decentralized derivatives exchange platform, focused on options and perpetual contracts.
It is built on Ethereum and backed by popular names: Paradigm, Dragonfly, Scalar Capital, Nascent, Ethereal ventures, Alliance, and Coinbase.
Aevo’s mission is to bring more traders onchain. This platform allowed traders to experience Decentralised Trading With CEX-Like Performance. A dedicated gas environment for a high throughput exchange, and familiar UX for TradFi traders, low latency (<10ms) while inheriting the security of Ethereum.
Currently Aevo's TVL is $87.03m and is constantly increasing week by week🔥
On Feb 28, 2024 Aevo led the market with a trading volume of over $4B. No other Perp-DEX except dYdX has ever managed to achieve such trading volume.
The explanation for this phenomenon is partly due to the sudden increase in users due to Aevo's airdrop campaign, but it cannot be denied the coverage of this project to the community.
Main features of AEVO:
Aevo supports options, perpetual futures, and many other products within a single margin account.
Decentralized derivatives exchange (DEX)Focus on options trading.Integration with Ribbon Finance: Aevo stems from the integration and rebranding of Ribbon Finance - a DeFi project focused on options trading. This integration leverages the functionalities and user interface established by Ribbon.Governance token: The AEVO token serves as the governance token for the platform, allowing holders to help shape the future of Project.
PRICE PREDICTIONS:
Right now, Aevo perpetual trading around $2.5 to $3.5 on AEVO trading platform.
Recent projects on Binance launchpool have been quite successful after listing :
Portal Token was launched with a market cap of $356 Miliion.Pixel marketcap at the time of launch $400 Million.Altlayer marketcap at the time of launch $560 Million.Xai marketcap at the time of launch $420 million.
In my opinion, after listing Aevo's Market cap will be around $300M - $500M, equivalent to AEVO's price will be around $2.5 to $3.5 ( Equal to the price of the Perp contract).
As usual, the token price will adjust slightly after listing and sideway 2-3 weeks.
Depending on the market situation and after the $RBN conversion event ends $AEVO price will rise strongly, it is possible to reach the market cap of dYdX $1.7B in the future, corresponding to the Aevo price of about $12-$15.
THAT is all my opinion on Aevo
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#AEVOLAUNCHPOOL #BinanceLaunchpool