Binance Announces Investment In Decentralized Derivatives Trading Platform

As per a recent X post on Wu Blockchain, Binance Labs has announced an investment in a decentralized derivatives trading platform, Aevo, which is a high-performance Layer-2 built on top of the OP Stack that allows perpetual trading, pre-launch futures, and options. Aevo is a rebrand of the previous Defi options protocol Ribbon Finance. Notably, AEVO’s price has dropped 33.8% in the last 14 days. 


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