A novel decentralized exchange, Aevo, has garnered interest within the cryptocurrency community for its emphasis on options and perpetual trading. Built on the Aevo Layer 2 network, an advanced Ethereum roll-up solution, the platform promises a potent and streamlined trading environment. Aevo distinguishes itself as the 48th project launched through Binance‘s Launchpool, and its native token, the AEVO coin, is poised for purchase on the leading crypto exchange.
Aevo’s Technological Backbone
Aevo’s technology platform capitalizes on the Aevo Layer 2 network, which is underpinned by OP Stack and Conduit, with Celestia ensuring data availability. This arrangement minimizes transaction fees and augments network throughput. Aevo’s off-chain order book complements on-chain settlement on the Layer 2 network, offering secure and swift transactions.
Diverse Trading Options and Platform Utility
Aiming to evolve into a comprehensive DeFi application, Aevo provides an extensive array of derivative trading options. More than 60 markets are accessible for trading, including perpetual futures, pre-launch trades, and options. AEVO coin, the heart of the exchange, enables users to participate in governance, enjoy trading fee discounts, and benefit from a lucrative trader reward program.
The excitement surrounding Aevo is evidenced by the successful capital injection of $16.6 million across several funding rounds. Investment milestones include 10% of its fully diluted valuation at $18.5 million, 4.62% at a $130 million valuation, and 3.5% at a $250 million valuation.
Acquiring AEVO Coin on Binance
Binance, the world’s largest crypto exchange, will list AEVO coin on March 13, 2024, with several trading pairs available. To obtain AEVO, users must register on Binance, fund their account, and then purchase the coin through one of the listed pairs, following the user-friendly interface and completing the transaction with an AEVO Buy order.