Aevo is a decentralized derivatives exchange focused on options, perpetuals, and pre-launch trading.
Aevo runs on the Aevo L2, a custom Ethereum rollup built using the Optimism stack. This enables Aevo to support over 5,000 transactions per second and process over $30 billion in trading volume.
Aevo (AEVO) is a cutting-edge decentralized derivatives exchange specializing in options and perpetual trading. Operating on Aevo L2, an Ethereum roll-up built on the OP Stack, the platform combines high-performance decentralized exchange (DEX) capabilities with the robust security of blockchain technology.Aevo leverages a custom Ethereum Virtual Machine (EVM) roll-up to integrate seamlessly with Ethereum. This setup includes an off-chain order book paired with on-chain settlement, achieving a balance between rapid order matching and the transparency and security of blockchain-based transactions.Aiming to bridge the gap between traditional finance (TradFi) and decentralized finance (DeFi), Aevo provides sophisticated financial instruments in a decentralized framework. The platform is designed to be user-friendly without sacrificing security, efficiency, or the decentralized principles of blockchain technology.The AEVO token plays a pivotal role within the Aevo ecosystem. It facilitates governance, enabling token holders to influence key decisions regarding the platform's development and policies. Additionally, AEVO can be staked within various protocol mechanisms, potentially earning rewards and other incentives for participants.
How to buy AEVO
To buy AEVO, you can follow these general steps:1. Choose a cryptocurrency exchange and Create an AccountStart by selecting a reputable and reliable cryptocurrency platform that supports AEVO trading. You can also buy AEVO here on Toobit. Sign up. 2. Complete Verification (Not Mandatory): Read our How to Complete Identification on Toobit guide for more information.3. Deposit Funds:Deposit funds into your Toobit account. This could be done via credit/debit cards, or your crypto wallet.4. Navigate to AEVO:Once your account is funded, navigate to the Markets section of the platform.5. Buy AEVO:Locate AEVO in the list of available cryptocurrencies.Place a buy order. Read our How to Buy Crypto on Toobit guide for more information.
How to Sell AEVO?
You can sell AEVO to USDT here on Toobit. Read our guide on How to Trade Spot on Toobit for more information.
What is AEVO price Now?
Are you looking for AEVO Price? Live AEVO price is updated in real-time on Toobit.
How to Withdraw AEVO on Toobit?
You can withdraw AEVO and other crypto tokens into USDT here on Toobit. Read our How to Withdraw Crypto on Toobit guide for more information.
How Does Aevo DEX Work?
Aevo is dedicated to providing a secure, efficient, and user-friendly platform for trading derivatives within the decentralized finance (DeFi) ecosystem. Here’s how Aevo delivers on its mission:Decentralized Derivatives TradingAevo specializes in the derivatives market, offering advanced tools and products for trading options and perpetual contracts. Unlike platforms focused primarily on spot trading or lending, Aevo caters specifically to derivatives, setting it apart in the DeFi space.Ethereum-Based Layer 2 SolutionOperating on an Ethereum Layer 2 solution, Aevo utilizes roll-up technology to boost transaction speed and lower costs while preserving the security and integrity of the Ethereum blockchain. This approach addresses Ethereum’s scalability issues and enhances the performance of DeFi applications.Off-Chain Order Book with On-Chain SettlementAevo combines the efficiency of centralized exchanges with the trustlessness and transparency of decentralized systems by using an off-chain order book for order matching and on-chain settlements. This method aims to offer rapid, efficient trading while ensuring secure and transparent transactions.EVM CompatibilityThe platform's compatibility with the Ethereum Virtual Machine (EVM) ensures seamless integration with the broader Ethereum ecosystem. This enables Aevo to interact smoothly with other DeFi applications, tokens, and services, enhancing the overall user experience and functionality.By integrating these advanced features, Aevo aims to revolutionize the trading of financial instruments on the blockchain, offering both speed and security in a decentralized environment.
When Was Aevo (AEVO) Coin Launched?
The Aevo (AEVO) project, launched in 2022, has made a significant impact in the decentralized finance (DeFi) sector by specializing in derivatives trading, including options and perpetual contracts.Founded by Julian Koh and Ken Chan, Aevo is led by a team with extensive expertise in the crypto space. The platform has attracted notable support from prominent investors and firms such as Paradigm, Dragonfly Capital, and Coinbase Ventures. This backing underscores Aevo’s solid foundation and its potential for future growth in the DeFi landscape.
How to Use AEVO Token
Here’s a detailed look at the primary functions of the AEVO token:Governance and Decision-Making: AEVO token holders are empowered to participate in the governance of the platform. This includes voting on proposals for protocol upgrades, feature additions, and changes to ecosystem rules and parameters. This decentralized approach ensures that the development and evolution of the platform align with the community's interests.Staking: Users can stake AEVO tokens to enhance the platform's security and operational efficiency. Staking AEVO often comes with rewards, such as additional AEVO tokens, which aligns stakeholders' interests with the platform’s long-term objectives and success.Liquidity and Trading: AEVO tokens are also traded on the Toobit Spot Market, providing liquidity and enabling users to engage in speculation, investment, and exchange with other cryptocurrencies or fiat currencies, depending on the available trading pairs.
Aevo Price Prediction Indicators
Moving averages are key tools for predicting AEVO price movements. A moving average calculates the average closing price of AEVO over a specified time period, divided into equal intervals. For instance, a 12-day simple moving average (SMA) is the average of AEVO's closing prices over the last 12 days.In addition to the SMA, traders frequently use the exponential moving average (EMA). The EMA gives more weight to recent prices, making it more responsive to recent market changes.Commonly used moving averages in the crypto market include the 50-day, 100-day, and 200-day moving averages. These indicators help identify critical support and resistance levels. When AEVO's price rises above these averages, it often signals a bullish trend. Conversely, a decline below these moving averages can indicate market weakness.Traders also utilize the Relative Strength Index (RSI) and Fibonacci retracement levels to forecast AEVO price trends and make informed trading decisions.
How to read Aevo charts and predict price movements?
Candlestick charts are a popular choice among traders for analyzing Aevo's price action due to the detailed information they provide compared to simple line charts. These charts can be customized to various time frames, allowing traders to examine Aevo's price movements with different levels of granularity. For example, a 5-minute candlestick chart is ideal for short-term trading, while a weekly candlestick chart is useful for identifying long-term trends. Among the most frequently used are the 1-hour, 4-hour, and 1-day candlestick charts.For instance, a 1-hour candlestick chart displays Aevo's price action in hourly intervals. Each ""candle"" on the chart represents the price range within a single hour, showing the opening price, closing price, as well as the highest and lowest prices during that period.The color of each candlestick provides additional insights: a green candlestick indicates that the closing price was higher than the opening price, signaling a bullish trend, while a red candlestick indicates that the closing price was lower than the opening price, suggesting a bearish trend. Some charts use hollow and filled candlestick bodies instead of color to convey the same information.By analyzing these candlestick patterns, traders can gain valuable insights into Aevo’s market behavior and make informed trading decisions.
What affects the price of Aevo?
The price action of Aevo (AEVO), like any other cryptocurrency, is primarily driven by supply and demand dynamics. These dynamics are influenced by fundamental events such as block reward halvings, network upgrades, and protocol changes. Additionally, regulatory developments, adoption by corporations and governments, exchange security breaches, and other real-world factors can significantly impact the price of AEVO. Consequently, Aevo's market capitalization can experience substantial fluctuations in a short period.In forecasting Aevo’s price, traders often monitor the activities of AEVO ""whales""—large holders of AEVO tokens who can exert significant influence on market movements. Given the relatively small size of the Aevo market compared to traditional financial markets, these whales can have a notable impact on AEVO’s price trends and volatility.