$AEVO is the native token of #Aevo **, a decentralized platform specializing in trading financial derivatives such as perpetual options and futures. The platform runs on the #etherreum network using #Optimism technology to improve performance and reduce transaction costs, allowing for fast and secure on-chain trading. Aevo features off-chain order matching with on-chain smart contract settlement, combining the performance of centralized platforms with decentralized security.
The most prominent features of the $AEVO :
- Support for trading options and futures with a unified margin account.
- Offering incentive programs that include distributing $AEVO via airdrop and pre-sale programs, in addition to the “Trade to Earn” system that rewards users based on their trading activity.
- There is no lock-up period for tokens earned through these programs, giving users immediate access to their funds.
The coin is traded on various platforms such as **#Binance **, with limited use in the AEVO ecosystem.
The sudden surge in the price of AEVO coin, which amounted to about 9.6% in 24 hours, is due to several factors. First, the AEVO platform is a decentralized platform for trading financial derivatives such as options and perpetual contracts, operating on the Ethereum Layer 2 network, which provides high transaction execution speeds at low costs. This has attracted a lot of interest from investors and traders.
In addition, AEVO has been linked to Ribbon Finance, a prominent project in the field of decentralized finance (#DeFi ), which has attracted more users. The recovery of the general cryptocurrency market and the increasing demand for decentralized platforms have also contributed to the rise in the value of the currency after it had reached its lowest level last August.
