Aevo Launches Novel Index Perpetual Contract

Aevo, a leading crypto derivatives exchange, has announced the launch of a novel index perpetual contract that tracks the performance of the top 10 DeFi tokens. The contract, dubbed Aevo DeFi 10 Index Perpetual (ADFI), is designed to offer traders exposure to the fast-growing decentralized finance sector without having to buy and manage multiple tokens.

The ADFI contract is based on a weighted average of the prices of 10 DeFi tokens, namely AAVE, UNI, COMP, MKR, SNX, YFI, SUSHI, CRV, UMA and BAL. The weights are adjusted quarterly based on the market capitalization and liquidity of each token. The contract is settled in USDT and has a maximum leverage of 50x.

Aevo claims that the ADFI contract is the first of its kind in the crypto market and offers several advantages over other index products. First, the contract is perpetual, meaning that it has no expiry date and can be traded continuously. Second, the contract has low fees and high liquidity, as Aevo uses a hybrid model of centralized order matching and decentralized execution. Third, the contract is transparent and auditable, as the index price is calculated by a reputable third-party oracle service.

The ADFI contract is expected to attract both retail and institutional traders who want to gain exposure to the DeFi sector without having to deal with the complexity and risk of holding multiple tokens. The contract also allows traders to hedge their existing DeFi positions or speculate on the future direction of the sector.

Aevo is a crypto derivatives exchange that offers a variety of contracts, including futures, options, swaps and indices. The exchange aims to provide a secure, fast and user-friendly platform for crypto traders of all levels. Aevo is registered in Seychelles and complies with the relevant laws and regulations. The exchange also employs strict security measures, such as cold storage, multi-signature wallets and anti-DDoS protection.

Aevo invites traders to try out the ADFI contract and enjoy a 50% discount on trading fees for the first month. The exchange also offers a referral program that rewards users for inviting their friends to join Aevo. For more information, visit https://www.aevo.com/.