Article Summary, Automatically Generated By AI
About Aevo Summary
- Aevo is a decentralized derivatives exchange for options, perpetuals, and pre-launch trading.
- Runs on Aevo L2, a custom Ethereum rollup built using Optimism stack.
- Supports over 5,000 transactions per second and $30 billion in trading volume.
- Hybrid model: off-chain central limit order book for matching trades and on-chain settlement using smart contracts on Ethereum L2.
- Built by the team that launched Ribbon Finance.
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Numbers and figures:
- 5,000 transactions per second
- $30 billion in trading volume
About Aevo: Pioneering the Future of Blockchain Innovation
Aevo is a decentralized derivatives exchange specializing in options, perpetuals, and pre-launch trading, offering a unique convergence of flexibility and innovation.
Aevo operates on the Aevo L2, a bespoke Ethereum rollup crafted utilizing the Optimism stack. This innovative architecture empowers Aevo to facilitate an impressive throughput of over 5,000 transactions per second, while processing a staggering $30 billion in trading volume.
The exchange employs a hybrid model, combining an off-chain central limit order book for efficient trade matching with on-chain settlement of actual trades via smart contracts on Ethereum L2. This synergy enables Aevo to deliver a high-performance, low-latency trading experience akin to centralized exchanges, while maintaining the security and transparency inherent in decentralized settlement.
Aevo is the brainchild of the visionary team behind Ribbon Finance, a pioneering force in the fintech landscape.