Aevo is a decentralized derivatives trading platform focused on options and perpetual trades. This decentralized exchange operates on Aevo L2, an Ethereum roll-up based on the OP Stack.

• Aevo is a decentralized derivatives exchange dedicated to options and perpetual trading, operating on Aevo L2, an Ethereum roll-up built on the OP Stack.

• The native token of Aevo has the following use cases:

  • Governance: Aevo token holders can vote on network upgrades, new trading pairs, and DAO governance.

  • Staking: Users who stake Aevo tokens receive trading fee discounts on the Aevo exchange and higher rewards in Aevo’s trader incentive program.

• The protocol consists of the following main components:

  • Aevo L2: The Aevo Exchange runs on the Aevo L2 chain, which is an Ethereum roll-up based on the OP Stack.

  • Aevo Exchange: Orders on the Aevo Exchange are sent to an off-chain order book but settled on the Aevo L2 chain.

• The project has raised $16.6 million across three funding rounds:

  • Seed Round: 10% of total supply at a valuation of $18.5 million

  • Series A: 4.62% of total supply at a valuation of $130 million

  • Series A+: 3.5% of total supply at a valuation of $250 million