AEVOAEVO (AEVO) Price

1. Project introduction

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.

2. Team introduction

Co-Founder: Ken Chan

https://www.linkedin.com/in/ken-chan-gh/

COO: Gabriel Ravindran

https://www.linkedin.com/in/gabrielrav/

3. Token application

Aevo’s native token has the following utility:

Governance: Aevo token holders can vote on network upgrades, new listings and on general DAO governance

Staking: Users that stake Aevo tokens will get discounted trading fees on the Aevo exchange and boosted rewards on Aevo’s trader reward program