Binance Announces Investment In Decentralized Derivatives Trading Platform

The post Binance Announces Investment In Decentralized Derivatives Trading Platform appeared first on Coinpedia Fintech News

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.