Aevo did ~$5b in volume across options and perps yesterday
We also hit a new high of ~26k DAU as well as almost ~50k weekly active users!
TVL has also climbed up to $80m
📈
$STRK currently trading at $1.6, which implies $16 billion fully diluted valuation.
This is approximately ~2x higher than Starkware's last round valuation, which was at $8 billion.
wow, it seems like @aevoxyz's prelaunch price for Binance launchpool coins are fairly accurate
The market priced $ALT efficiently at about 25-28c before it started trading on nance
Ok might start sizing up the next launchpool coin if metric makes sense
https://t.co/EOp8dYtjBy
Small thread on why Aevo (RBN) looks cool:
Fundamentals:
1. Market leader in the options landscape (72% mkt share in just 4 months since launching), and slowly growing their penetration in the perps landscape (increasing from 0.02% market share in May 2023 to 0.48% in Nov 2023)
There's >$2.5B in stables sitting on L2 bridges earning no yield. That's $125M in interest @ 5%, annualized.
There's also $500M+ within on-chain L2 derivs platforms earning no yield. That’s a lot of collateral leaving a lot of money on the table.
We have a solution 🔜
We have atoned for our mistakes and renamed the instrument to $BITCOIN instead of $HPOS
The ticker is $BITCOIN
Trade it here today 👇
https://t.co/yiwUpWf3pN
last bull-post of the week
2 big trades just got printed on @aevoxyz using our (unlaunched) RFQ feature that's coming to public soon
2,000x eth put
100x btc call
🫡
we announced @aevoxyz exactly 1 year ago during 🇸🇬 Token2049
today, Aevo is the #1 defi options trading platform with highest OI and supermajority of trading volume
we have been expanding into perps & strategies 🔜
all these products are symbiotic. it’s only the beginning 🫡
We will transition the $BANANA pre-launch future into a perpetual future today at 9am UTC.
This change will introduce funding rates to 🍌🔫 existing positions.