The digital asset trading platform OKX has revealed its upcoming introduction of Aevo’s (AEVO) native currency to its spot trading market. This development was announced alongside Binance’s 48th Launchpool revelation.
AEVO Joins OKX Exchange
OKX, a leading cryptocurrency exchange, has confirmed that AEVO coin, the proprietary digital asset of Aevo, a decentralized derivatives trading platform, will enrich its trading options. Starting today at 13:00, the exchange opens its doors for AEVO deposits. The official trading kickoff is scheduled for March 13, 2024, precisely at 13:00 TRT, introducing the AEVO/USDT trading pair. Withdrawals for AEVO are set to commence the following day at the same hour.
Inside Aevo’s Decentralized Trading Platform
Aevo emerges as a decentralized derivatives exchange with a focus on options and perpetual futures, propelled by its Layer 2 protocol, utilizing an Ethereum roll-up based on OP Stack.
Aevo’s ambition lies in supplying the burgeoning demand for intricate trading instruments in the crypto market, offering users a streamlined and productive trading experience.
Within its ecosystem, AEVO coin fulfills multiple roles, including bestowing governance privileges upon its holders.
This empowers them to have a say in network enhancements, propose new listings, and help steer the direction of the DAO. AEVO coin holders also enjoy trading fee discounts and reinforcement of rewards by participating in Aevo’s trading incentive program.
Aevo’s trading protocol is buttressed by several key elements that assure the platform’s operational fluency. Its Aevo Layer 2 protocol, which lies at its foundation, is an Ethereum roll-up based on OP Stack that brings together speed and security for users’ trades by utilizing an off-chain order book and finalizing transactions within the on-chain protocol.
