Aevo protocol
Overview
Aevo operates as a decentralised derivatives exchange built on a proprietary OP Stack Layer 2. The platform employs off-chain order matching alongside on-chain settlement, achieving sub-10 millisecond matching latency, according to the project. It features a unified margin account spanning multiple products. The exchange lists perpetual futures and options for ETH, BTC and altcoins; a PERPS+ product that bundles perpetuals with options; over-the-counter altcoin options; and automated options strategy vaults derived from the earlier DeFi Options Vaults framework.
Within The Counterparty graph, Aevo connects to 7 tracked entities, most strongly to Ribbon Finance, AEVO, Ethereum.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 7 of 7 total).
| Relation | Connected entity | Confidence |
|---|---|---|
replaced_by | Ribbon Finance | 90% |
issued_by | AEVO | 90% |
deployed_on | Ethereum | 85% |
deployed_on | Aevo | 85% |
upgraded_to | Ribbon Lend (Aevo) | 85% |
launched | AEVO airdrop | 85% |
competes_with | Lyra Finance | 80% |
Sources
Facts in this record were checked against the following. Where a claim is not covered here, the record states only what the graph holds.
Questions on the record
What chain does Aevo run on?
Aevo operates on a custom OP Stack Layer 2 rollup; order matching occurs off chain while settlement takes place on chain.
How is margin handled?
Margin is managed via a unified margin account, allowing positions across all products to share collateral.