AEVO token is the native token of Aevo, a decentralized exchange (DEX) focused on offering high-performance options trading. Here's a breakdown of the details about AEVO:
What is Aevo?
Aevo is designed to be the world's first high-performance DEX for options trading. It achieves this by utilizing a custom layer-2 (L2) solution built on the Optimism (OP) stack. This allows Aevo to benefit from the security of the Ethereum blockchain while enabling faster transaction speeds and lower fees compared to traditional DEXs.
Key Features of Aevo
Perpetual futures and Options Trading: Aevo allows users to trade both perpetual futures contracts and options contracts, all within a single margin account.
Off-chain order book with on-chain settlement: Aevo utilizes an off-chain order book for order matching, enabling faster trade execution. However, final settlements happen securely on the Ethereum blockchain.
Multiple Products: The platform offers various products besides options and perpetual futures, potentially including yield-generating products and structured investment options.
Details about AEVO Token
Token Name: AEVO
Total Supply: 1,000,000,000 AEVO
Launchpool Distribution: 45,000,000 AEVO (4.5% of total supply)
Initial Circulating Supply: 110,000,000 AEVO (11% of total supply)
Blockchain: Ethereum (Initially)
Current Status of AEVO
It's important to note that while there was information about AEVO being offered through Binance Launchpool, current data suggests the price and trading volume for AEVO might not be available yet on platforms like CoinMarketCap. This could be because the launch or integration might not be complete.
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