Buy AEVO

Aevo (AEVO) is a platform focused on derivatives trading in the decentralized finance (DeFi) world. It utilizes layer 2 technology as an additional layer on top of the Ethereum blockchain to improve scalability, speed, and cost efficiency.

Aevo is opening a new chapter for decentralized trading in financial products such as options and perpetual contracts. Users can trade with just one account on the Aevo platform, which utilizes Aevo Layer 2 network to enhance Ethereum's scalability. This allows for seamless processing of up to 5000 transactions per second, with an estimated trading volume of 30 billion dollars.

In addition to layer 2 technology, this platform utilizes an efficient system to match orders. Initially, the system matches orders off-chain between makers and buyers. Subsequently, the orders are sent on-chain to the blockchain. Aevo also implements a risk assessment system to ensure transactions executed by smart contracts proceed safely and efficiently.

Who founded Aevo?

The history of Aevo dates back to November 2020 when Julian Koh and Ken Chan founded Ribbon Finance during the COVID-19 pandemic. They assembled a team of financial experts from companies like Coinbase, Kraken, and Goldman Sachs. Koh, a former software engineer at Coinbase, led the team in developing financial products to improve efficiency, safety, and speed in cryptocurrency trading from day one. One example includes an option for traders to capitalize on price fluctuations in cryptocurrencies like Ethereum.

On September 28, 2022, the cryptocurrency market was introduced to Aevo (AEVO) by Ribbon Finance. The decentralized exchange for derivatives trading was launched on April 7, 2023. Aevo aims to create a secure ecosystem catering to traders' needs, offering options, perpetual contracts, and yield opportunities.

Aevo (AEVO) is an L2 trading platform targeting both professional traders and less experienced users, emphasizing reliability and transparency. The ambitious project focuses on derivatives trading, offering the following options:

• Trading various financial derivative products, from perpetual futures to OTC, options, and yield.
• Trading in a secure and transparent environment, with sellers of options required to record all transactions on the blockchain.
• Environment for executing different trading strategies, with tools for developing and implementing complex strategies.
• One wallet for all, streamlining cryptocurrency management by using only one account for derivative trading.
• Speculating on tokens before they launch with 'PreLaunch Token Futures', providing new market opportunities.
• Earning interest with crypto through yield vaults, where users can store their crypto and earn passive income over time.

Aevo (AEVO) focuses on trading crypto derivatives using layer 2 technology combined with Optimism. Their unique roll-up technology bundles transactions off the Ethereum blockchain before sending them for verification. Optimism assumes all transactions are valid unless proven otherwise, increasing efficiency and reducing transaction times on the Ethereum network.

An essential component of Aevo's roll-up system is the sequencer node. It centrally merges transactions and communicates with L1 validators to streamline the trading process efficiently. Conduit, a crypto infrastructure provider specializing in Rollup-as-a-Service (RaaS) products, manages this sequencer.

Off-chain order book

Aevo uses an off-chain order book model, allowing users to place and execute their trades in a centralised way. The order book operates off the blockchain, while the settlement of transactions takes place on the blockchain through smart contracts. Centralised exchanges also use this efficient model. However, on Aevo’s platform, the benefits of decentralisation are preserved. All transactions are recorded on the blockchain. Option sellers are required to do this to ensure full transparency.

Aevo presents itself as a user-friendly decentralized exchange (DEX) for derivative trading. The platform features:

• Unique off-chain order book: Aevo utilizes a combination of off-chain order book and on-chain settlement to reduce transactions costs. This sets it apart from other DEX platforms.
• Optimistic rollup technology: A layer 2 scaling solution that processes transactions off the main blockchain to improve scalability.
• Fast order matching: The off-chain order book ensures quick order and transaction matching.
• Pre-launch token futures: Users can speculate on new crypto projects before they launch on the market, a unique feature not commonly found on other exchanges.
• Airdrop campaigns: Aevo users receive pre-launch tokens based on their staked AEVO tokens.

Looking to purchase Aevo (AEVO)? The AEVO crypto token is available at Bitvavo, a platform for new and experienced traders. Simply follow these steps to buy AEVO:

1. Sign up or log in to your Bitvavo account.
2. Make a deposit by clicking "Deposit".
3. Go to the Aevo (AEVO) sales page to see the token's price.
4. Specify the amount in euros you want to invest or the number of AEVO you wish to purchase, then click "Buy".

The cost of AEVO tokens is tied to their market value. After purchase, your tokens will be added to your Bitvavo account for easy management and trading. Stay informed about cryptocurrency market developments as you keep up with the news.

Looking to store your AEVO tokens safely and securely? Easily store them thanks to your Bitvavo account, which stores most customer funds in secure offline cold storage. We recommend using two-factor authentication (2FA) for added security. This means entering an extra code along with your password when logging in.

Activating 2FA is simple. Download Google Authenticator and link it to your Bitvavo account to receive a code for login. The code changes every minute for complete security.