On its website, Aevo calls itself the world’s first high-performance decentralized options exchange. The DEX runs on a custom EVM roll-up over Ethereum.
The platform operates in an off-chain order book with on-chain settlements. What this means is that once the orders are matched, trades get executed and settled with smart contracts. The platform is powered by a token with the same name.
This article will give you all the information you need to know about the Aevo exchange and its native utility token. I will explain the key features of the platform, the token economics, its past performance, and expected future prices.
In the end, I will also add where and how you can buy the Aevo token if that’s why you came to read this article. Let’s get started without any further ado.
Aevo Key Features
| Perpetual Instruments | Aevo focuses on derivative instruments like options and perpetual contracts. |
| Decentralized | Aevo operates by combining the flexibility of DeFi and the efficiency of centralized exchanges. |
| Pre-Launch Token Futures | This feature allows Aevo users to speculate on upcoming tokens before they are officially launched. |
| Layer 2 Solution | As a layer-2 rollup over the Ethereum mainnet, Aevo enhances security and scalability while also preventing blockchain congestion. |
| Off-Chain Order Matching | Orders on Aevo are matched off-chain, speeding up the execution without burdening the chain. |
| On-Chain Settlements | Once the orders are matched off-chain, they are settled on-chain with the help of smart contracts. |
Aevo Tokenomics
The total and maximum supply of Aevo tokens is 1 billion, out of which 110 million AEVOs are in circulation.
Aevo Past Performance
At the time of writing this article, Aevo, the token, is traded at $3.00, which is roughly 7% more than its price yesterday.
The token constitutes a market capitalization of #330 million. The 24-hour trading volume stands at $450 million.
Aevo Future Forecasts
Due to its very novel nature, we don’t have enough data to predict AEVO prices. However, the following are the major factors that contribute to the price variations of the token.
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Where to Buy Aevo?
You can buy the Aevo token from the Aevo platform itself or Graviex.
How to Buy Aevo?
This is how you can buy Aevo tokens from Graviex.
- First, visit the Graviex exchange website and click on ‘sign up’ to create a new account.
- Follow the registration process, and set up a two-factor authentication (2FA) procedure.
- Navigate to the ‘balances’ or ‘wallet’ section and choose the cryptocurrency you want to deposit. Let’s take Ether here.
- Navigate to the ‘markets’ section and search AEVO/ETH. Enter the amount of AEVO you want to purchase and the price you’re willing to pay.
- Confirm the order, and if it matches with a sell order, the transaction will be executed.
Conclusion
Aevo exchange poses itself as a decentralized solution for advanced crypto trading. The platform mostly focuses on perpetual instruments and verifies transactions off-chain to speed up operations.
This will give a best-of-both-worlds trading experience for the user. Though its native token is still new in the exchanges, the crypto investors are already after it. We think AEVO has great future potential.
All being said, we believe that crypto assets are a risky investment class and no one should put their money into it without a comprehensive understanding of its underlying principles. We also encourage everyone to stay away from investing with borrowed funds.
