Aevo

About

Aevo is a decentralized exchange (DEX) built on a custom Layer 2 network using the OP stack. It uses off-chain matching and on-chain settlement, which helps it achieve performance and speed similar to a centralized exchange, while still relying on Ethereum’s security. On Aevo, traders can access options, perpetual futures, and structured products like strategies for enhanced yield, all from a single margin account. Backed by the experience of Ribbon Finance since 2020, Aevo has processed over $10 billion in options trading volume and has reached an all-time high TVL of more than $350 million. Key Features of Aevo: • • Aevo runs on a custom L2 using OP stack, handling over 5,000 transactions efficiently. • It combines off-chain matching with on-chain settlement for smooth trading across multiple products. • Users can trade options, perps, and other products from one account without switching platforms. • Aevo brings options, perps, yield, and structured products together in one place. • Users can stake AEVO and directly access exchange features without leaving the platform. Aevo Milestones Year Achievements 2023 Ribbon rebranded to Aevo, launched ETH options mainnet, and raised $8.75M in Series A+ funding. 2024 Binance Launchpool debut, public mainnet launch, aeUSD introduced, trading volume crossed $100M, RBN vesting completed. 2025 Monthly volume hit $15B, Aevo Degen launched, expanded assets, rollup upgrades, and staking security patch implemented.

Funding

• Series AParadigm87,50,00023 Feb 2023

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