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Binance Labs has announced an investment in Aevo, a decentralized derivatives exchange platform. Aevo, which is a rebrand of the previous DeFi options protocol Ribbon Finance, operates as a high-performance Layer 2 network built on the OP Stack. The platform focuses on options and perpetual contracts, allowing for perpetual trading and pre-launch futures. Following the investment announcement, Aevo's token ($AEVO) surged by 10% to $0.9. The size and details of the investment have not been disclosed. Additionally, Aevo has recently announced its Airdrop Program, requiring users to stake $AEVO and trade selected pre-launch markets to be eligible.
🪂 zkSync is now listed on Aevo with a current trading price of $0.70, indicating an FDV of $14.7 billion. This could become the LARGEST Airdrop to ever happen. It all depends on Matter Lab's ability to fairly distribute the tokens. What's even more amusing is Aevo's choice… https://t.co/kDf6muzwUQ
$AEVO has received an investment from #Binance Labs The investment comes right after Aevo announced its #Airdrop Program. To be eligible, users must stake $AEVO and trade selected Aevo’s Pre-Launch markets. #Crypto #BTC #BNB #ETH #web3 https://t.co/jeEfU30Y0O
📈 $AEVO token surges 10% to $0.9 after Binance Labs investment! @BinanceLabs hasn't disclosed the investment size or stake acquisition details. @aevoxyz, a rebrand of Ribbon Finance, is an L2 network enabling trading of crypto perpetual futures, options and tokens. https://t.co/F76aXG1vP9
