Detailed analysis of the Aevo project - The project will be Launchpool on Binance on March 8, 2024 🚀🚀🚀
1. Aevo is a decentralized derivatives exchange focused on options and perpetual trading. The DEX runs on Aevo L2, an Ethereum compilation based on the OP Stack.
Aevo's native token has the following utility:
Governance: Aevo token holders can vote on network upgrades, new listings, and general DAO governance
Staking: Users who stake Aevo tokens will receive reduced trading fees on the Aevo exchange and increased rewards in Aevo's trader rewards program
The protocol includes the following main components that work together:
- Aevo L2: Aevo Exchange runs on the Aevo L2 chain, an Ethereum compilation based on the OP Stack
- Aevo Exchange: Orders on Aevo Exchange are sent to the off-chain order book but settled on the Aevo L2 chain.
The project has raised 16.6 million USD through 3 rounds.
Seed round: 10% FDV at a valuation of $18.5 million
Series A: 4.62% FDV at $130 million valuation
Series A+: 3.5% FDV at $250 million valuation
The maximum supply of AEVO will be 1,000,000,000 tokens and the circulating supply will be 110,000,000 tokens.
2. Current products include:
Trade Perps (60+ markets)
Pre-launch deals
Options trading
3. Technical infrastructure
Aevo Exchange is built on Aevo L2, a compilation of Ethereum. Aevo L2 is based on the OP Stack and currently uses Conduit to run the infrastructure. Aevo L2 now uses Celestia for Data Availability, helping to reduce costs for on-chain users.
