As a rising player in the decentralized finance (DeFi) space, Aevo stands out with a strong focus on options and perpetual trading, offering a decentralized derivatives exchange. Supported by the Aevo Layer 2 network, which is an Ethereum 
$3,112 roll-up based on the OP Stack, the platform aims to provide users with efficient and cost-effective trading solutions. In this article, you’ll find answers to many questions such as what is AEVO, what is AEVO coin, and how to buy AEVO coin, which Binance has announced as its 48th Launchpool project.
What is Aevo?
Aevo aims to build a DeFi super app, starting with derivatives trading, as part of its inclusive mission. With a comprehensive product suite, including Perpetual Trading, Pre-Launch Trading, and Options Trading across more than 60 markets, Aevo meets the needs of investors and traders who wish to trade derivatives.
Aevo’s technical infrastructure is supported by the Aevo Exchange, operating on the Aevo Layer 2 network. This Ethereum roll-up utilizes the OP Stack while using Conduit to run its infrastructure. Notably, the Aevo Layer 2 network includes Celestia for data availability, a strategic move aimed at reducing on-chain transaction costs for users.
In terms of fundraising, Aevo successfully raised $16.6 million in three funding rounds. During the first round, the project obtained 10% of its fully diluted valuation (FDV) at an $18.5 million valuation, followed by a Series A funding round where 4.62% of FDV was secured at a $130 million valuation. Finally, during the Series A+ funding round, Aevo secured 3.5% of FDV at a $250 million valuation, reflecting growing investor confidence in Aevo’s vision and potential.
AEVO Coin Overview
Aevo’s native asset, AEVO coin, extends to various aspects of the platform’s ecosystem. AEVO coin holders have governance power, allowing them to participate in decisions regarding network upgrades, new listings, and overall DAO governance. Additionally, users who stake AEVO coins gain access to discounted trading fees on the Aevo exchange and enhanced rewards through Aevo’s trader reward program.
The maximum supply of AEVO coin is 1 billion, with 45 million coins, representing 4.5% of the total supply, to be distributed through Binance Launchpool. Following the Binance listing, the altcoin’s initial circulating supply will be 110 million AEVO coins, equivalent to 11% of the maximum supply.
Looking ahead, Aevo seems poised to make significant strides in the DeFi space, leveraging its strong technical infrastructure, innovative product offerings, and strategic partnerships. As the platform continues to evolve and expand its user base, it is well-positioned to drive more innovation and transformation within the world of derivatives trading and contribute to DeFi’s ongoing evolution.
How to Buy AEVO Coin?
AEVO coin can be bought and sold safely on Binance, the world’s largest cryptocurrency exchange by trading volume. AEVO coin will be listed on Binance on March 13, 2024, and will be available for trading in the AEVO/BTC, AEVO/USDT, AEVO/BNB, AEVO/FDUSD, and AEVO/TRY trading pairs.
To purchase AEVO coins, users must first register on the Binance exchange (if they haven’t already). After completing the registration process, funds, whether cryptocurrency or fiat currency like Turkish Lira, must be transferred to the Binance wallet. Once the transfer is complete, AEVO coins can be purchased from any of the five trading pairs listed above.
To buy AEVO coins using the AEVO/USDT trading pair on Binance, first navigate to the trading pair interface. From the limit tab, enter the desired amount of AEVO coins to purchase in the specified field. After entering the amount, complete the purchase by placing a Buy AEVO order.
