Dear CoinEx users,
To provide you with more trading options, after rigorous reviews, CoinEx will list AEVO (Aevo) on Mar 13, 2024. The details are as follows.
List Time
1. Deposit: 10:00 on Mar 13 (UTC)
2. Withdrawal: 10:00 on Mar 14 (UTC)
3. Trading pair: AEVO/USDT
4. Opening method: Call Auction
a. Call Auction
10:00-10:20 Mar 13 (UTC)
Orders can be placed and canceled
10:20-10:30 Mar 13 (UTC)
Orders can be placed but cannot be canceled
b. Trading
10:30 Mar 13 (UTC)
About AEVO
Aevo is a high-performance decentralized derivatives exchange platform, focused on options and perpetual contracts. The exchange runs on a custom EVM roll-up that rolls up to Ethereum. Aevo operates an off-chain orderbook with on-chain settlements. This means that once orders are matched, trades get executed and settled with smart contracts.
Aevo operates an off-chain order-book where maker and taker orders are posted and matched. Once a maker and taker order gets matched, only then do they get posted on Aevo’s smart contracts, which are deployed on the L2 roll-up.
Aevo’s smart contracts run on the Aevo Rollup, an EVM-based Ethereum optimistic roll-up. Trades are created and settled on the smart contracts which live on the Aevo Rollup. The Aevo Rollup is operated in collaboration with Conduit.
About Automated Market Making (AMM)
AMM is supported for the AEVO/USDT market. CoinEx AMM allows every user to become a market maker. By adding liquidity to the liquidity pool, users can share 50% of the trading fees earned in this market. The fee dividends are calculated daily. Learn about AMM >>
Risk Reminder
Crypto products are innovative investment products with large price fluctuations as well as high investment risks. Therefore, please evaluate and invest wisely based on your risk tolerance and financial resources.
CoinEx reserves the final interpretation of this announcement.
CoinEx Team
Mar 13, 2024
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