$AEVO

AEVO Coin is a cryptocurrency related to the decentralized derivatives trading platform Aevo. Here are some key information about AEVO Coin:

• Project Introduction:

• Aevo is a high-performance decentralized derivatives trading platform, focusing on options and perpetual contracts.

• Aevo operates on a custom Ethereum Virtual Machine (EVM) Roll-Up, ultimately connecting to the Ethereum network, supporting Ethereum, Optimism, and Arbitrum networks.

• Aevo employs an off-chain order book and conducts on-chain settlements.

• Technical Features:

• Aevo operates on a custom Layer-2 Ethereum rollup, capable of processing over 5,000 transactions per second (TPS), with latency under 10 milliseconds, bringing performance similar to centralized exchanges (CEX) for DeFi and on-chain trading.

• Token Information:

• The total supply of AEVO Coin is 1 billion, with a circulating supply of 896 million.

• The market capitalization of AEVO Coin is 397 million USD, with a circulation rate of 89.60%.

• The initial price of AEVO Coin is 3 USD.

• Token Utility:

• AEVO serves as the native protocol token of the Aevo platform, providing governance and utility functions within the ecosystem. AEVO holders can propose governance proposals, vote, participate in community initiatives, and earn rewards for contributions to the ecosystem.

• sAEVO is the staked version of AEVO, providing additional benefits such as commission discounts and more voting power.

• Development History:

• Aevo was formerly known as Ribbon Finance, and its governance token RBN was converted to AEVO at a 1:1 ratio.

• Aevo mainnet officially launched in April 2023.

• Market Dynamics:

• AEVO Coin has grown by 2.08% in the past 24 hours, with a market capitalization of 415.621 million USD.