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Aevo

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About Aevo

Aevo is a decentralized derivatives exchange focused on options and perpetuals. Built on a custom Ethereum roll-up, it offers off-chain orderbooks with on-chain settlements, enabling high throughput and low latency trading.

Aevo is a high-performance, decentralized derivatives exchange that integrates options trading, perpetual futures, and automated strategies into a single platform. Built on a custom Layer 2 rollup using the OP Stack, Aevo delivers CEX-like performance with the security of Ethereum, offering over 5,000 transactions per second and sub-10ms latency.


As the successor to Ribbon Finance, Aevo introduces institutional-grade infrastructure to the DeFi options landscape. Traders can manage all derivatives from a single margin account, while staking incentives through the native token $AEVO reward active participants. With a design that prioritizes speed, security, and seamless UX, Aevo is redefining how decentralized finance powers next-generation derivatives trading.

Launched by the team behind Ribbon Finance, Aevo leverages its deep expertise in decentralized options to build an L2-native trading platform tailored to advanced DeFi users. Aevo supports a full product stack including options, perps, pre-launch futures, and structured products, making it one of the few DeFi platforms to offer institutional trading tools in a trustless environment. At its core, Aevo uses a hybrid model where matching happens off-chain and settlements are executed on-chain, balancing performance with verifiability.


Aevo has processed over $97 billion in trading volume, with a total notional options volume exceeding $10 billion and more than $50 million in premiums earned through strategies. It operates on a custom OP Stack-based Layer 2, which provides scalability without compromising Ethereum’s security guarantees. This architecture allows for high throughput, low latency, and significantly lower gas costs compared to Ethereum mainnet, making it ideal for executing complex derivatives strategies.


A standout feature is Aevo OTC 2.0, an on-chain over-the-counter desk that enables customizable altcoin options strategies. Most altcoin options trading happens OTC due to thin order books and wide spreads on traditional exchanges. Aevo addresses this by offering deep liquidity, customizable strikes and expiries, and minimal slippage—all on-chain. This makes Aevo particularly attractive for traders seeking sophisticated, low-friction execution in altcoin markets.


Governance on Aevo is community-led via the Aevo DAO, with voting rights granted to $AEVO and sAEVO holders. The DAO controls treasury allocations, incentive programs, and strategic initiatives through formal proposals. Committees manage various aspects of the platform, including liquidity management, growth, and rewards. With its unique mix of high-performance infrastructure, advanced financial products, and decentralized governance, Aevo is positioned as a leader in the decentralized derivatives sector.

Aevo delivers an unmatched combination of trading performance, strategy automation, and on-chain transparency:


  • Unified Margin System: Trade options, perps, and strategies from a single account, increasing capital efficiency and reducing risk.
  • Custom OP Stack Rollup: Aevo operates on a high-throughput Layer 2 chain with >5,000 TPS and <10ms latency, ensuring a seamless trading experience.
  • On-Chain OTC Desk: Aevo OTC 2.0 solves altcoin options fragmentation by providing institutional-grade customization and on-chain liquidity.
  • Automated Strategies: Aevo Strategies allow users to access pre-defined, yield-optimized trading strategies with zero active management.
  • Decentralized Governance: $AEVO and sAEVO holders control treasury spending, protocol upgrades, and incentive structures via Snapshot voting.
  • Staking Incentives: Stake $AEVO or $RBN to earn additional $AEVO rewards and access exclusive platform benefits such as voting rights and commission discounts.
  • Trusted by Institutions: Backed by leading firms like Paradigm, Coinbase, Dragonfly, and more.

Getting started with Aevo is quick, intuitive, and optimized for DeFi-native traders:


  • Step 1: Visit aevo.xyz and click “Launch Exchange.”
  • Step 2: Connect your wallet (e.g. MetaMask) and switch to the Aevo L2 network.
  • Step 3: Deposit USDC or supported tokens into your margin account.
  • Step 4: Start trading options or perps via the exchange UI, or subscribe to an automated strategy in the Strategies tab.
  • Step 5: Stake your $AEVO or convert $RBN to sAEVO to unlock governance rights and reward multipliers.
  • Step 6: Join the Aevo community on Discord and Snapshot to vote on protocol proposals and explore the future of decentralized derivatives.

Aevo FAQ

  • Aevo uses a unique hybrid architecture that combines off-chain order matching with on-chain settlement. Built on a custom OP Stack-based Layer 2 rollup, Aevo supports over 5,000 transactions per second with latency under 10ms. This enables Aevo to deliver the performance and UX of a centralized exchange (CEX), while maintaining Ethereum-grade security and transparency.

  • Aevo OTC 2.0 addresses the hidden inefficiencies of altcoin options markets by offering on-chain, customizable, institutional-grade OTC trading. Since up to 75% of altcoin options volume occurs outside public exchanges, Aevo’s platform provides flexible strike prices, deep liquidity, and tight spreads, all while reducing slippage and increasing transparency. Aevo brings this previously private market on-chain.

  • Aevo Strategies are automated yield-generating trading strategies built directly into the Aevo platform. Designed for users who want exposure to options-based yields without actively managing trades, these strategies execute algorithmically using Aevo’s low-latency infrastructure. All positions are held within the user’s unified margin account on Aevo, making it ideal for both retail and institutional traders looking for passive income options.

  • $AEVO is Aevo’s native token used for staking, governance, and incentives. When staked, it becomes sAEVO, unlocking enhanced features like 2x voting power, early product access, and rewards multipliers. sAEVO holders can also propose AGPs and serve on DAO Committees. You can convert $RBN into $AEVO 1:1 and stake it on Aevo with no lock limits or deadlines.

  • Aevo follows a hybrid governance model where AGPs (Aevo Governance Proposals) are voted via Snapshot by $AEVO and sAEVO holders. The largest share of tokens is held by the Aevo DAO Treasury, and Committees oversee funds allocation. These Committees manage liquidity, growth, incentives, and community bounties. Governance is gradually transitioning toward full decentralization, allowing the community to control the protocol’s future. Visit Aevo to explore live proposals.

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