Aevo is the native token of a decentralized derivatives trading platform focused on options and perpetual contracts. It was launched by the Ribbon Finance team in September 2022 and operates on a layer two network called Aevo L2, which is based on Optimistic Rollup technology, providing scalability solutions for Ethereum.

AEVO Token

- Type: Native governance token of the Aevo platform.

- Total supply: 1,000,000,000 tokens.

- Circulating supply (as of March 13, 2024): 110,000,000 tokens.

- Functions:

- Participate in network upgrades, new listed trading pairs, and DAO governance voting.

- Users staking AEVO can receive discounts on trading fees.

- Earn higher rewards in Aevo's trader reward program.

Technical features of AEVO

- Hybrid mechanism: Combines off-chain order books with on-chain settlement to achieve fast order matching and low transaction costs while maintaining the security and transparency of smart contracts.

- Portfolio margin account: Allows traders to manage positions more effectively and streamline trading strategies.

AEVO Research Development Interest-bearing Asset aeUSD

- Composition: USDC and sDAI.

- Features: Users earn additional income while depositing stablecoins.

Team background

Members of Aevo's team come from:

- Cryptocurrency exchanges: Coinbase and Kraken.

- Traditional financial institutions: Goldman Sachs.

- Top institutions: Stanford University, Massachusetts Institute of Technology, and Cornell University.

Investment support

The project has raised funds from well-known investment institutions, including:

- Coinbase Ventures

- Paradigm

- Dragonfly Capital

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