Aevo

Aevo (AEVO)

Full information about Aevo (AEVO). Current Aevo price in LBP, AEVO open/close rates, Aevo history charts, Aevo market capitalization and volume.

1 AEVO = 35 916.71 £ Lebanese Pound (LBP)
0.4010799 LBP

Last updated: 2024-10-01 01:40:00 UTC - about 7 months ago 1 USD = 89550.000349 LBP

General information
Global rank:160
Name: Aevo Aevo
Symbol:AEVO
Current coin price (LBP):35 916.71 £
Last hour:arrow_upward0.980 %
Last 24 hours:arrow_downward-5.98 %
Last 7 days:1.84 %trending_up
Capitalisation (LBP):31 401 927 651 581.60 £
Volume 24h (LBP):3 140 610 480 089.79 £
Available supply:874 298 635.00 AEVO
Total coin supply:-1 AEVO
Start date:2024-02-01
Last updated: 2024-10-01 01:40:00 UTC - about 7 months ago
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USDEURCADGBPCHFJPYZAR
JavaScript chart by amCharts 3.20.16Value$0.1159
JavaScript chart by amCharts 3.20.16Mar 30AprApr 03Apr 05Apr 07Apr 09Apr 11Apr 13Apr 15Apr 17Apr 19Apr 21Apr 23Apr 25Apr 270.070.080.090.100.110.12
JavaScript chart by amCharts 3.20.16Volume$2,572.75
JavaScript chart by amCharts 3.20.16Mar 30AprApr 03Apr 05Apr 07Apr 09Apr 11Apr 13Apr 15Apr 17Apr 19Apr 21Apr 23Apr 25Apr 27020,00040,000
JavaScript chart by amCharts 3.20.16Mar 30AprApr 03Apr 05Apr 07Apr 09Apr 11Apr 13Apr 15Apr 17Apr 19Apr 21Apr 23Apr 25Apr 27

Aevo/Lebanese Pound (AEVO/LBP) price chart

Aevo/Lebanese Pound (AEVO/LBP) capitalisation and volume charts

What is Aevo (AEVO)?

Aevo is a derivatives exchange that emerged from the merger between Ribbon Finance and the Aevo brand. This consolidation was driven by the governance decision of Ribbon Finance, facilitated through the approval of its DAO (Decentralized Autonomous Organization) token holders. The integration sees the Ribbon Finance decentralized application (dApp) moving under the Aevo domain, with Ribbon's structured financial products adopting Aevo's visual identity. A significant aspect of this merger is the transition from the RBN token of Ribbon Finance to a new AEVO token, reflecting the unified brand and operational framework. Aevo operates as a non-custodial options and perpetual futures exchange, built as a Layer-2 rollup on the Optimism stack, offering off-chain order books similar to those found on centralized exchanges​​​​.

What is Aevo (AEVO) used for?

Aevo serves multiple purposes within the decentralized finance (DeFi) ecosystem. It is designed to address scalability issues prevalent in DeFi options trading, such as high gas fees, latency, liquidity, and capital efficiency. By providing a centralized limit order book (CLOB) exchange mechanism with no gas fees for users, low latency, and high order throughput, Aevo facilitates efficient trading of derivatives. The platform supports the trading of options and perpetual futures, alongside structured products, all governed by the AEVO token. Aevo's transition to a DAO structure allows AEVO token holders to participate in governance decisions related to the options and perpetuals exchange, over-the-counter (OTC) trading, the existing structured products, and the Layer-2 rollup itself​​​​.

Who created Aevo (AEVO)?

Aevo's creation was a strategic decision made by the community and stakeholders of Ribbon Finance, a blockchain-based structured products platform. The merger and rebranding into Aevo were facilitated by Ribbon Finance's governance, with significant input and approval from its DAO token holders. This collective decision aimed to unify the Ribbon and Aevo brands, restructure governance, and optimize tokenomics for greater product success and growth. The transition emphasizes the community's role in shaping the platform's future, highlighting the collaborative effort of developers, investors, and users in the DeFi space​​.