Aevo is a decentralized derivatives exchange specializing in crypto options. It's built on a custom Ethereum Virtual Machine (EVM) roll-up, combining off-chain and on-chain features for efficient and secure trading.
Aevo
DeFi
Trading
Description
Here's how it works:
- Dual Approach: Aevo uses an off-chain order book for fast order matching and on-chain settlements through smart contracts. This ensures both speed and security in trading.
- Merger with Ribbon: Aevo merged with Ribbon to unify options products, combining simplicity and flexibility in trading.
- Technological Innovations: The platform supports deposits from Optimism and Arbitrum, increasing accessibility and interoperability in DeFi.
- Financial Operations: Aevo primarily uses USDC, a stablecoin, for trading. Plans are underway to include other stablecoins, major cryptocurrencies, and yield-bearing assets.
- Diverse Product Offerings: Beyond traditional options, Aevo offers Pre-Launch Token Futures and incentive programs to engage users and increase trading volumes.
- Technical Foundation: Built on a custom Layer 2 (L2) solution, Aevo can handle high trading volumes, crucial for derivatives trading.
- Trading Products and Strategies: Offers a range of products like options, perpetual futures, and structured products, all accessible within a single account.
- Experienced Team: Led by professionals from top companies and universities, the team brings expertise and innovation to the platform.
In summary, Aevo stands out in the DeFi space with its focus on crypto options, blending off-chain efficiency with on-chain security. Its diverse trading options and strong technological and team foundation make it a significant player in decentralized finance.
Team of the Project
Julian Koh
Co-founder
Julian Koh, co-founder of Ribbon Finance and Aevo, has a rich background in cryptocurrency, including roles as a software engineer at Coinbase and a consultant at Metastable Capital. He also interned at Numerai and studied Computer Science at Cornell University, focusing on distributed systems and cryptography.
Ken Chan
Co-founder
Ken Chan is a co-founder of Ribbon Finance with expertise in blockchain development. He has worked as a software engineer at Coinbase and a research intern at Zilliqa, contributing to significant blockchain projects. Ken also co-founded Xsquare Software and holds a Bachelor's degree in Computer Science from Sunway University.