Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SLOT
  • CASINO
  • SPORTSBET
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SLOT
  • CASINO
  • SPORTSBET
  • SUBMIT
Crypto Flexs
Home»ADOPTION NEWS»Aevo is offering pre-market trading for its token ahead of the upcoming airdrop.
ADOPTION NEWS

Aevo is offering pre-market trading for its token ahead of the upcoming airdrop.

By Crypto FlexsMarch 8, 20244 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Aevo is offering pre-market trading for its token ahead of the upcoming airdrop.
Share
Facebook Twitter LinkedIn Pinterest Email

Derivatives exchange Aevo is offering pre-market trading for tokens scheduled to be airdropped on March 13.

Aevo, an exchange focused on options and perpetual futures trading, operates on Ethereum’s Layer 2 network. The exchange has seen significant traction in pre-market token trading in recent months and has used this as a way to increase awareness of its platform.

What’s different in this case is that Aevo is the first in the cryptocurrency industry to offer tokens for pre-market trading.

“Announcing the pre-launch of $AEVO. Take a position on where AEVO will be when the airdrop occurs by March 13th.” Posted in.

The proposal was met with some skepticism. Will Sheehan, Founder of Parsec Finance question The question of whether it would be appropriate for exchanges to list pre-market trading for their own tokens was questionable, and the idea was said to be unstable. etc In short“lmfao what?”

Pre-market trading allows traders to speculate on the future price of a token after it becomes active, allowing airdrop recipients to lock in the price.

Regarding internal controls, Aevo co-founder Julian Koh said the exchange prohibits employees from trading tokens on the pre-launch market. He added that the exchange did not share any information with investors or insiders regarding the listing price.

Prior to the airdrop, Aevo also offered pre-farming where traders could receive a bigger boost for the airdrop depending on their trading volume.

Small community allocation

Tokens will be airdropped to the community on March 13th. However, it has been criticized for being overly limited in distribution. The first cryptocurrency airdrop gave away over 60% of the supply, but it has recently reduced this to around 7%. Aevo, on the other hand, gave less than 5%.

On the Discord server, Aevo community managers, who are employees of the company Aevo, fought back against these criticisms. The quota is small, but the effective size is said to vary depending on price.

“Weak $AEVO will make airdrops smaller. A strong $AEVO will make the airdrop big. We all committed to raising prices. I think we can agree on this. Yes?” said a community manager known as Babbala.

They added that the decision to offer more tokens to Binance than the community is positive as this exposure will be good for the token price.

Aevo declined to comment on the message.

After token launch

In addition to airdrops, the platform plans to open its layer 2 network to other applications. that It uses Layer 2 optimistic rollups created using the Conduit rollup platform. that I plan to use Celestia Keep transaction fees low for data availability and open for other protocols to build on top of it.

“Our plan is to basically open it up to other developers and build an ecosystem around our exchange.” Julian Koh, co-founder of Ribbon Finance, told The Block in a recent interview.

Aevo also plans to move further into revenue delivery. In the first quarter of this year, we plan to launch a earning strategy that will allow platform users to put their cryptocurrency into a variety of settings designed to generate profits.

Ribbon Finance’s Evolution to Aevo

Originally part of the DeFi project Ribbon Finance with its own token, Aevo will allow 1:1 conversion for Ribbon tokens to Aevo tokens once they are launched.

In 2022, Ribbon has emerged as a notable DeFi protocol, especially in the decentralized options market. Aevo was developed as an extension of Ribbon Finance with a focus on expanding decentralized options through its own layer 2 app chain, initially offering options and later expanding to include perpetual products.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Crypto Exchange Rollish is expanded to 20 by NY approved.

October 2, 2025

SOL Leverage Longs Jump Ship, is it $ 200 next?

September 24, 2025

Bitcoin Treasury Firm Strive adds an industry veterans and starts a new $ 950 million capital initiative.

September 16, 2025
Add A Comment

Comments are closed.

Recent Posts

Bitcoin Steadies at Rally -Is another powerful brake out just in the future?

October 6, 2025

BitMine Immersion (BMNR) Announces ETH Holdings Exceeding 2.83 Million Tokens And Total Crypto And Cash Holdings Of $13.4 Billion

October 6, 2025

BC.GAME News Backs Deccan Gladiators As Title Sponsor In 2025 Abu Dhabi T10 League

October 6, 2025

Unity modifies mobile games and password wallets that threaten important vulnerability.

October 6, 2025

BitDigital becomes the first public Etherrium for distributing unsecured leverage -details -Details

October 6, 2025

Cango Inc. Announces September 2025 Bitcoin Production And Mining Operations Update

October 6, 2025

Cake Eyes 60% Rally Pancake WAP

October 5, 2025

Bitcoin Pullback — ETFs Drive Capital Flows, Altcoins Like SOL And XRP Boost Investor Returns

October 5, 2025

SHIBA INU (SHIB) and Dogecoin (DOGE) holders are 16,736%of Rally Progast Tempts buyers that are accumulated as Little PEPE (Lilpepe).

October 5, 2025

Solana Future Surge as the institution induces the open interest for the best record.

October 4, 2025

Free bitcoin.in app withdrawal request My satoshi

October 3, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Bitcoin Steadies at Rally -Is another powerful brake out just in the future?

October 6, 2025

BitMine Immersion (BMNR) Announces ETH Holdings Exceeding 2.83 Million Tokens And Total Crypto And Cash Holdings Of $13.4 Billion

October 6, 2025

BC.GAME News Backs Deccan Gladiators As Title Sponsor In 2025 Abu Dhabi T10 League

October 6, 2025
Most Popular

BEFE Coin’s surprising acquisition of PEPE and Shiba Inu revealed

May 2, 2024

Decentralized oracle network Chainlink is leading the real-world asset segment with its latest development effort, Santiment.

December 14, 2024

Solana Optimistic Network Raises Funding in ‘Cobuilder’ Round Without Participation of VC Firms

August 27, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.