Aevo is a popular trading option. It operates as a DEX (decentralized exchange) ecosystem geared towards experienced traders. The protocol offers various features designed to enhance the market, such as cross-rollup options and perpetual contracts. Here”s everything you need to know about Aevo.
Notably, since its launch in 2020, Aevo has secured +10B in trading volume. Since then, the protocol has remained active and expanded its ecosystem, personnel, and features. Today, it fills a key niche in the market via its professional trading solutions.
What Problems Does Aevo Attempt to Fix?
Aevo solves one of the main problems traditional traders face: gaining exposure to decentralized assets without risking future regulatory biteback. As a decentralized derivatives exchange, Aevo enables traders to trade contracts that provide exposure to these markets without the need to hold the assets directly.
Scalability
Scalability concerns remain a high priority for traders. When networks get congested, it affects gas fees, raises trading costs, and adds delays to transactions. The platform leverages L2 solutions to provide high performance across multiple chains. Layer 2 protocols are designed to improve scalability for Dapps and users by separating computations from validations.
Source – Aevo
Aevo can handle 5K tps (transactions per second). Additionally, it provides traders with a 10ms latency. These options allow it to serve enterprise-level clientele, reduce slippage, and streamline onboarding new users into the decentralized market.
Security
Security concerns are another issue that Aevo wanted to handle from day one. They have kept the project open source, recently hosted a bug bounty, and have had multiple third-party audits completed successfully, including:
- OppenZeppelin Security Audit of Aevo Theta Vault v2
- ChainSafe Security Audit of Aevo Theta Vault v2
Benefits of Aevo
Some key features make Aevo a good fit for experienced traders. The network’s focus on high performance makes it ideal for DEX usage, as slippage is minimized. Additionally, the network can scale to meet the growing demand for DeFi services.
Single Margin Account
One of the main reasons why expert traders seek out this network is its single-margin accounts. These accounts enable you to enjoy Ethereum-level security, access liquidity, and trade the hottest tokens in the space.
Passive Rewards
One of the main reasons traders use the system is to access its passive income features. These features enable users to stake their tokens to secure APR. Staking is the easiest way for users to secure rewards with minimal risk of loss to the staked asset.
Interoperability
The developers wanted to ensure the network could operate across the major networks in the market. As such, it launched as an ERC-compatible network. Today, it operates on additional chains, including Optimism and Arbitrum. This flexibility enables users to save on fees and enjoy near interstate transaction times.
How Does Aevo Work?
Aevo is a DeFi DEX that integrates some features usually found on CEXs (centralized exchanges). For example, the network is order-book-based and offers common features found on centralized networks. Notably, a custom L2 based on the OP stack operates as the project’s core layer. This L2 supports everything needed to trade options and perpetual and access other yield generation strategies.
Trading Perpetuals
Perpetuals are contracts with no expiration date. Aevo users can access Bitcoin and Ethereum perpetuals. These assets offer traders continual exposure to the market. Aevo also provides access to +70 different token trading pairs.
Pre-Launch Tokens:
One of the most unique features of Aevo is its pre-launch perpetual option. Users can access projects before launch. This feature gives traders access to these markets before the asset is available to the majority of the public, opening the door to new opportunities.
OTC Options Marketplace:
Those seeking OTC (over-the-counter) options will find that the network has some solutions to consider. The DEX enables those that want to sell +$10,000 of 13 supported crypto, to leverage the OTC options.
Aevo Vaults:
Vaults provide easy reward options for users. The vaults operate as open-source smart contracts that support automated trading strategies. The trading strategies were created by Ribbon Finance, a market leader in DeFi trading. This structure helps you to use your tokens to secure APR with less effort.
Token – AEVO
AEVO is the main utility token for the DEX ecosystem. Users pay fees and receive rewards in AEVO. This token provides added trading flexibility via the many trading pairs on the DEX. Notably, AEVO is ERC-20 compliant and has a limited supply of 1B tokens.
aeUSD:
The aeUSD is the native stablecoin for the DeFi project. It operates as a collateral asset, enabling users to access more exposure to fast-paced markets. Stablecoins provide a seamless way for traders to escape decentralized market volatility.
Governance
Token holders gain governance voting options via the DAO (decentralized autonomous organizations) staking protocols. The Aevo community governance model allows users to suggest upgrades, models, and fee structure changes. These proposals go to a community vote. This approach ensures the entire work progresses naturally with the support of users.
How to Buy Aevo (AEVO)
Currently, Aevo (AEVO) is available for purchase on the following exchanges.
Kraken – Founded in 2011, Kraken is one of the most trusted names in the industry, with over 9,000,000 users and over $207 billion in quarterly trading volume.
Kraken exchange offers trading access to over 190 countries, including Australia, Canada, and Europe, and is our most recommended exchange for USA residents. (Excluding New York & Washington state)
KuCoin – This exchange currently offers cryptocurrency trading of over 300 other popular tokens. It is often the first to offer buying opportunities for new tokens. Restrictions may apply, depending on location.
Gate.io – This exchange was established in 2013 and is one of the more popular & reputable exchanges. Gate.io currently accepts most international jurisdictions including Australia & the UK. USA & Canadian residents are prohibited.
Aevo – DeFi Perpetual Trading with an Order Book
Some unique features make Aevo a project worth watching. Using a decentralized order book and focusing on perpetuals make the DEX stand out against a growing backdrop of copycat DEXs. For these reasons and many more, Aevo is a cool project worth watching.
You can learn more about exciting blockchain projects here.