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Perp DEXProof of reserves

Aevo

Derivatives exchange from the Ribbon Finance team offering perpetuals, options and pre-launch token futures via an off-chain order book settled on its own OP Stack rollup.

Volume (24h)$1.51MUSDT markets tracked live
Coins102with USDT pairs
Spot / Perp markets0 / 102tracked by ArbiLayer
Base fees0.05% / 0.08%maker / taker, perp

About Aevo

Derivatives exchange from the Ribbon Finance team offering perpetuals, options and pre-launch token futures via an off-chain order book settled on its own OP Stack rollup.

Perpetuals
Maker0.05%
Taker0.08%
Base tier
  • Multiple fee tiers available; standard fees slated to fall after governance proposal AGP-3
  • Options: 0.03% maker / 0.05% taker on notional, capped at 12.5% of the option price; 0.015% settlement fee on ITM expiries (none on dailies)
  • Pre-launch token futures: 0.25% taker, 0.10% maker rebate, 5% liquidation fee
  • Liquidation fee 0.2% of notional on perps and options

Transparency & assets

✓ Reserves verifiedReport ↗
Proof of reserves
On-chain, verifiable
Assets on-chain
$15.44M
Snapshot
Oct 1, 2026
Frequency
Real-time
  • TVL about $15.4M per DefiLlama (2026-10-01)

Company

Founded
2023
Headquarters
Singapore-based team
Runs on
Own Ethereum L2 optimistic rollup on the OP Stack (sequencer hosted by Conduit)
Token
AEVOGovernance via staking, incentive campaigns and farming boosts

Founders

JKJulian KohCo-founder
KCKen ChanCo-founder, CTO

Leadership

KCKen ChanCTO

Products

Perpetual futuresOptionsPre-launch token futuresStrategies (basis trade)

Incidents & regulatory history

  1. 202514 Dec 2025: oracle exploit drained about $2.7M from legacy Ribbon Finance options vaults; Aevo permanently shut the Ribbon vaults, main exchange unaffected.

Volume, last 7 days

7 days agonow

Top markets

ArbiLayer does not track live markets on this exchange yet.
Sources · checked Oct 1, 2026
  1. aevo.xyz
  2. api-docs.aevo.xyz
  3. datawallet.com
  4. blockworks.com
  5. blockchainmagazine.com
  6. api.llama.fi
  7. coingecko.com