What is the Aevo project and why should you be interested?🧐

✨️What is Aevo Exchange

Aevo Exchange is built on Aevo Chain, an enhanced version of Ethereum based on the OP Stack. The current Aevo chain will be the primary Aevo Exchange from now on, as all transactions will be settled on this chain. The block explorer for Aevo Chain can be found here.

Aevo Exchange allows users to transfer funds directly to Aevo Chain from the exchange UI. For this purpose, the standard Optimism Bridge is used, which has been comprehensively tested and effective. The transaction is expected to be confirmed and funds added to the user's Aevo account within one minute. Currently, Aevo only supports USDC bridge.

This move makes it easier for users to transfer funds efficiently and directly, enhancing the trading experience on Aevo Exchange.

✨️Crypto options Options on crypto

Cryptocurrency options have seen significant growth in recent years. Although we are currently experiencing a bear market, public interest in Ethereum options is at an all-time high, at nearly $8 billion. In contrast, market interest in Ethereum contracts has declined by more than 50% from the market's peak in the last quarter of 2021.

✨️The world of decentralized finance (DeFi)

In the world of decentralized finance (DeFi), we saw an explosion of options protocols in 2020, and among them, Opyn and Hegic, were the stars of this scene. However, these early options protocols had serious challenges to gain sufficient attention. Throughout 2020, the total value locked (TVL) in the options category was teetering below $10 million, and the total trading volume of these protocols did not exceed $100 million.

The change came in April 2021, when Ribbon devised a way to package these wondrous contracts into a structure familiar to DeFi users, known as “vaults” or “volts” in user parlance. This new format, now called DOV (“DeFi Option Vault”), has been remarkably successful and gained significant traction from the start. During the first year and a half since the launch of the first Volt, more than $10 billion in contract volume was traded, and the value of the lock rose to more than $300 million. At the end of 2021, most of the on-chain options volume was driven by “Volt” Ribbon.

✨️Limitations in Decentralized Finance (DeFi)

Although DOVs are easy to understand and use, they are often too simple and inflexible for traders. DOvs only allow users to sell options, not buy them; Users can also sell only one type of option (weekly, out-of-the-money options). This suits the needs of passive retail users, but does not meet the requirements of the professional trader.

✨️Here Aevo offers you the appropriate solution 🔥

To solve these problems, we bring you Aevo, a next-generation options trading platform. Aevo is a high-performance order book based decentralized options trading platform, which comes with all the necessary features for a professional options trader. This includes a well-established staking system (with comprehensive staking), as well as hundreds of instruments to trade, including daily/weekly/monthly/quarterly options. All of this is built on a custom EVM backbone that is designed to scale, and integrates with Ethereum to ensure security.

Aevo aims to become the premier destination for on-chain options trading. The three main advantages that Aevo offers users are:

Over 100 instruments, including many prices and expiration dates.

Deep liquidity, through partnerships with the best options trading companies in the world.

Instant registration, where you can deposit USDC from any Execution Value Added Chain (EVM).

✨️ Age + Ribbon = 🚀

Eventually, Aevo will be integrated with Ribbon as the place where Ribbon's options contracts are settled. This means that Ribbon Vaults can direct a steady flow towards Aevo (currently about $80 million per week), and Aevo can allow for the creation of much more complex vault structures — achieving a perfect balance between vault and cashier.

For example, Ribbon users' funds may not need to be locked weekly. They can exit the treasury position at any time simply by closing the position on the exchange. Users will also be able to make profits or cut losses on their treasury positions, as there will be a highly liquid place to trade these positions.

On the other hand, Ribbon Auction participants will also benefit greatly from this integration. Instead of sitting oTokens in their wallet until they expire, market makers can use these positions in the vaults as real positions on the exchange — giving them margin to trade more, make profits, hedge risk, and so on. We believe this will attract more interest at Ribbon auctions and make pricing more competitive.

Ultimately, by becoming the best exchange for options trading and platform for settling trades in DeFi, we believe it would make sense for other DOV projects to build on top of Aevo and leverage the exchange's liquidity. Someone could launch a DOV selling daily options, or implementing any other type of complex trading strategies, and use Aevo as the primary place where those options contracts are cleared.

✨️Aevo investors

#Aevo is backed by prominent venture capital firms such as Paradigm, Dragonfly Capital, and Coinbase Ventures, indicating industry recognition and growth potential.

for more information:

Aevo official website: https://aevo.xyz

You can now get Aevo coins for free when you participate in Binance Lanuchpool

You can participate in the Binance IPO to win $Aevo coins for seven days, until next March 13.

To subscribe to Laucnhpool, you must have an account on the Binance platform verified with a national ID

If you do not have an account on Binance, register using the referral code PT0JAXKZ and get a 5% trading fee.

Participating in the Binance Launchpool IPO does not guarantee any risks. All you have to do is place $BNB or $FDUSD coins into the launchpool for 7 days and you will get $Aevo coins without withdrawing any amounts from your coins.

✨️Rewards for participating in the IPO: 45,000,000 AEVO (4.5% of the maximum)

✨️Number of currencies at the time of listing the currency for trading: 110,000,000 AEVO (11% of the maximum amount of the currency)