Aevo, offering derivative services on cryptocurrencies, has started trading for its native token that will be airdropped shortly.
Aevo launched derivative services for its native token AEVO on March 8th. The AEVO token will be airdropped on March 13th and approximately 5% of the total supply will be distributed to early users.
AEVO debuted at $2 and briefly spiked to $3.50 before retreating to the $2.5 range.
The derivative exchange, which has seen significant interest and volume for pre-market trading of tokens in recent months, has also attracted attention by listing its own native project ahead of Binance Launchpool.
The world’s largest cryptocurrency exchange, Binance, had announced that it had chosen AEVO for its 48th Launchpool project. Binance announced that it would list the new altcoin AEVO with “seed tag” on March 13th at 13:00 EET with AEVO/BTC, AEVO/USDT, AEVO/BNB, AEVO/FDUSD and AEVO/TRY trading pairs.
