Aevo launches pre-launch token futures for price speculation
The new perpetual product allows trading before spot market launch with strict limits, debuting on $SEI ahead of Binance listing.
Latest Aevo News & Updates
See the latest news and media coverage for Aevo. We track all announcements, press releases, and industry mentions in real time, all in one place.
Decentralized derivatives exchange
aevo.xyz- Headquarters
- Singapore, Singapore
- Company type
- Private company
- Number of employees
- 51–200
- Industry
- Blockchain & Cryptocurrency
Last updated
Latest news about Aevo
In short: Aevo suffered a $2.7M oracle exploit on legacy Ribbon vaults, proposing a 19% user haircut.
Company announcements
Aevo launches open mainnet with bitcoin trading
The platform opens access without NFT gates and adds BTC options and perpetual futures following $70M volume in gated testing.
Aevo launches on mainnet with ETH options
The platform supports portfolio margin and USDC bridging via Aevo Chain. Access is gated by $PASS NFTs for Ribbon users.
Aevo launches perpetual futures to enhance capital efficiency
The new feature allows delta hedging and unified portfolio margin for options traders. Users can trade ETH with up to 20x leverage immediately.
Media coverage
Aevo exchange hit as hackers drain legacy wallets
Hackers have siphoned about $2.7 million worth of digital assets from old wallets linked to Aevo, a decentralised options and perpetuals exchange, underscoring persistent security...
Aevo Shuts Ribbon Vaults After $2.7 Million Oracle Manipulation Exploit
Legacy Ribbon DOV vaults were drained of about $2.7 million on December 12. A December 6 oracle upgrade allowed users to set prices for new...
Aevo's legacy Ribbon DOV vaults exploited for $2.7 million following oracle upgrade | The Block
In response, Aevo is decommissioning all Ribbon vaults, which lost about 32% of their assets in the oracle manipulation exploit.
Ribbon Finance, formerly Aevo, loses $2.7 million in DeFi hack
A sophisticated attack on Aevo-rebrand Ribbon Finance drained $2.7 million from its old contract and moved to fifteen separate wallet addresses, some of which have...
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