Aevo ranks #689 by market capitalization, at $24.69M. It belongs to the DeFi sector (Derivatives). It has traded since Mar 13, 2024, across 35 markets on 27 exchanges, with $39.09M of volume in the last 24 hours. Its all-time high of $3.70 was reached on Mar 27, 2024; the current price is 99.5% below that peak. Its cycle low of $0.0165077 came on Jun 25, 2026.
93.3% of the maximum supply of 1.00B AEVO is in circulation. 2 investors are recorded as backers, including YZi Labs (formerly Binance Labs), Pantera Capital. 2 team members are listed. Development data lists 0 core developers and 25 code commits. On Ethereum, 45,643 addresses hold AEVO.
About Aevo
Aevo (formerly known as Ribbon Finance) is an Ethereum Layer-2 app chain rollup. It is built using the OP Stack and functions as an order-book-based decentralized exchange. The Aevo Rollup is operated in collaboration with Conduit, a Rollup-As-A-Service (RaaS) provider. Transactions on Aevo are ordered by a sequencer (managed by Conduit), then batched and posted onto Ethereum every hour. Aevo Rollup has a dispute period of two hours, where any challenged transactions can be confirmed or denied. After the 2-hour dispute period, transactions from the Aevo Rollup are confirmed on Ethereum. Users can deposit various crypto assets onto the Aevo Rollup from Ethereum (USDC, USDT, ETH, WBTC), Optimism (USDC, ETH), or Arbitrum (USDC, ETH). There are no gas fees on the Aevo Rollup.
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