As decentralized finance (DeFi) gains momentum, Aevo emerges as a significant contributor, particularly in options and perpetual trading. The platform operates a decentralized derivatives exchange backed by the Aevo Layer 2 network, utilizing Ethereum’s roll-up technology. Aevo aims to provide users with efficient and cost-effective trading solutions, and this article outlines what AEVO is, its coin, and the purchasing process.
What Sets Aevo Apart?
Aevo seeks to launch a DeFi super app, prioritizing derivatives trading as part of its broader mission. The platform offers a diverse range of products, including Perpetual and Options Trading, across over 60 markets, catering to the needs of various investors.
How Has Aevo Funded Its Development?
The company has successfully raised $16.6 million across three funding rounds, signaling strong investor confidence in its potential. Initial funding secured 10% of its fully diluted valuation at $18.5 million, followed by more significant rounds that increased its valuation to $250 million.
Key takeaways from Aevo’s progression include:
- Aevo’s focus on derivatives trading meets a growing market demand.
- Successful fundraising highlights investor confidence in its model.
- The platform’s infrastructure aims to minimize transaction costs for users.
With its innovative approach and strong technical foundation, Aevo is poised for significant growth in the DeFi landscape. Its strategic partnerships and product offerings could reshape derivatives trading, attracting a broader user base.
How Can Investors Acquire AEVO Coin?
Investors can purchase AEVO coin through Binance, the largest cryptocurrency exchange known for its security and liquidity. AEVO will be listed for trading on March 13, 2024, across several pairs, including AEVO/BTC and AEVO/USDT. Users must register on Binance, transfer funds, and execute buy orders to acquire AEVO coins.