Binance Labs, the venture capital arm of Binance, has invested in Aevo, a layer-2 (L2) decentralized exchange (DEX).
Aevo’s Features
Aevo is a high-performance DEX platform that specializes in futures and perpetual contracts trading. It’s built on top of Optimism’s OP Stack and uses Celestia for high-throughput data availability.
Binance’s Investment
Binance’s investment will help Aevo grow its ecosystem and community, which already has over 50,000 monthly active users. Aevo plans to use the funds to:
- Launch vault strategies, yield products, and staking
- Expand its ecosystem of derivative products
- Allow builders to deploy their dApps on Aevo L2
About Binance Labs
Binance Labs is the accelerator and venture capital arm of Binance. It invests in early-stage blockchain projects and startups.
