Aevo

Aevo is a decentralized exchange (DEX) designed specifically for options and perpetual futures trading, operating on a custom Ethereum Layer 2 rollup built on the OP stack. It combines off-chain order book matching with on-chain settlement to deliver high throughput and low latency, achieving over 5,000 transactions per second with sub-10 millisecond latency. This architecture allows Aevo to offer centralized exchange (CEX)-like performance while maintaining the security guarantees of Ethereum. Aevo supports trading of options, perpetual futures, and other derivatives products within a single margin account, simplifying user experience and capital efficiency.

The platform targets professional traders, DeFi developers, and financial institutions seeking decentralized derivatives trading with high performance and security. Aevo's custom Layer 2 solution inherits Ethereum's security while enabling fast execution and settlement. The exchange ecosystem also includes vault strategies developed by the team behind Ribbon Finance, enabling enhanced yield opportunities through structured products. Since its launch in 2020, Aevo has processed over $10 billion in options trading volume and accumulated more than $350 million in total value locked (TVL).

Aevo differentiates itself by focusing exclusively on derivatives trading with a custom rollup optimized for this use case, unlike general-purpose DEXs. Its off-chain order book model reduces on-chain gas costs and latency, while on-chain settlement ensures transparency and security. The team behind Aevo includes veterans from Coinbase, Kraken, Goldman Sachs, and top universities, lending credibility and expertise. Developers can get started by accessing Aevo's open documentation, APIs, and mobile progressive web app (PWA) for trading on the go. Comprehensive resources and community support are available via Discord and GitHub.