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Aevo (AEVO): Enhancing Trading Efficiency With Off-Chain Matching

Intermediate
DeFi
Explainers
Blockchain
Altcoins
Mar 19, 2024
8 min read
0

Trading crypto derivatives can be immensely profitable, but for many potential users, the complexities of typical decentralized trading platforms represent a significant barrier to entry. Most decentralized finance (DeFi) platforms specializing in derivatives use liquidity pools and automated market maker (AMM)-based setups. 

While this is a familiar environment to experienced crypto derivatives pros, traders who aren’t crypto natives often find these platforms confusing.

One of the key projects that helps make the transition to crypto derivatives trading much easier is Aevo® (AEVO). Using a combination of secure, blockchain-based order settlement and the centralized order book model so familiar to many traders outside of the crypto world, Aevo offers a unique platform for diverse groups of derivatives aficionados, both crypto natives and newbies to the field. The central order book Aevo uses also closely mimics the trading system used at centralized exchanges (CEXs). 

With CEXs handling over 90% of overall cryptocurrency trading volumes, the Aevo platform represents a familiar and welcoming environment for many traders. Additionally, unlike Layer 1 (L1) blockchains, which are typically riddled with congestion and high fees, Aevo's Layer 2 (L2) rollup technology ensures the platform offers excellent transaction efficiency and low costs.

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