Ethereum

Aevo

DeFi

Launchpool

Celestia

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/aevo-rises-as-a-key-contender-in-defi-with-advanced-derivatives-exchange-platform" rel="noopener noreferrer nofollow">Aevo Rises as a Key Contender in DeFi with Advanced Derivatives Exchange Platform</a><br></p>
<p style="text-align: justify">The decentralized <a href="https://en.bitcoinhaber.net/hashed-invests-strongly-amid-crypto-winter-a-beacon-of-resilience" rel="noopener noreferrer nofollow">finance</a> (DeFi) landscape is witnessing the ascent of Aevo, a platform offering decentralized derivative exchanges with an emphasis on options and perpetual trading. Providing efficient and cost-effective trading through the Aevo Layer 2 network, an <a href="https://en.bitcoinhaber.net/ethereums-bullish-momentum-persists-despite-regulatory-uncertainty" rel="noopener noreferrer nofollow">Ethereum</a> roll-up based on the OP Stack, Aevo is positioned to enhance user trading experiences. The platform has recently been highlighted as <a href="https://en.bitcoinhaber.net/binance-futures-introduces-mantra-om-leveraged-futures-trading" rel="noopener noreferrer nofollow">Binance</a>‘s 48th Launchpool, raising queries about the nature of the AEVO coin and the processes involved in buying it.</p>
<h2 id="exploring-aevo-s-mission-and-services">Exploring Aevo’s Mission and Services</h2>
<p style="text-align: justify">In pursuit of developing a ‘super app’ for DeFi, Aevo’s initial focus lies in derivative trading. The platform services the diverse needs of investors and traders through an extensive product suite encompassing Perpetual Trading, Pre-Launch Trading, and Options Trading in over 60 markets. Aevo’s technical framework is bolstered by its exchange, running on the Aevo Layer 2 network, which employs Celestia for data availability and Conduit for infrastructure operation, thereby aiming to lower on-chain transaction costs for its users.</p>
<h2 id="funding-rounds-and-investor-confidence">Funding Rounds and Investor Confidence</h2>
<p style="text-align: justify">Aevo has successfully closed three funding rounds, raising a total of $16.6 million. A valuation of $18.5 million was set during the initial round, which secured 10% of the fully diluted valuation (FDV). The subsequent Series A round valued the company at $130 million, followed by a Series A+ round at a valuation of $250 million, indicating a surge in investor confidence and validating Aevo’s growth potential.</p>
<h2 id="aevo-coin-s-role-in-aevo-s-ecosystem">AEVO Coin’s Role in Aevo’s Ecosystem</h2>
<p style="text-align: justify">AEVO coin, integral to the platform’s ecosystem, offers holders governance rights to influence the network’s direction, including updates and new listings. Staking AEVO coins confers benefits like reduced trading fees and participation in reward programs. The coin’s maximum supply is limited to 1 billion, with Binance Launchpool distributing 4.5% of it. Aevo’s initial circulation will release 110 million AEVO coins, which is 11% of the total supply.</p>
<p style="text-align: justify">Aevo’s trajectory in the DeFi sector appears robust, underpinned by its solid technical base, cutting-edge products, and strategic alliances. The platform is gearing up to pioneer innovations and broaden its reach in derivative trading, thereby contributing to DeFi’s progressive evolution. Aevo’s strengthened feature set and increasing client base solidify its role in shaping the future of decentralized financial systems.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/aevo-rises-as-a-key-contender-in-defi-with-advanced-derivatives-exchange-platform" rel="noopener noreferrer nofollow">Aevo Rises as a Key Contender in DeFi with Advanced Derivatives Exchange Platform</a></h5>

Aevo Rises as a Key Contender in DeFi with Advanced Derivatives Exchange Platform

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