# Aevo

> Trade options, perps and strategies. All in one place.

Aevo is a decentralized derivatives exchange where users can trade options, perpetuals, and automated strategies on a custom Ethereum Layer 2.

Users can access options, perpetual futures, pre-launch token futures, and automated yield strategies from a single margin account on Aevo's custom OP Stack Layer 2. The exchange matches orders off-chain and settles on-chain, balancing performance with Ethereum security. It also provides an on-chain OTC desk for altcoin options and AI-agent trading access via the Model Context Protocol. Aevo was previously known as Ribbon Finance.

- Type: Company
- Sector: Finance
- Status: Active
- Founded: 2022-09-28
- Profile: https://thegrid.id/profiles/aevo

## Products

- [Aevo Exchange](https://thegrid.id/profiles/aevo): Aevo Exchange is a decentralized derivatives platform built on a custom OP Stack Ethereum Layer 2 rollup, supporting options, perpetual futures, pre-launch token futures, and structured products within a unified margin account. Trades are matched off-chain and settled on-chain for sub-10ms latency. The platform includes PERPS+ for combined perpetual-option exposure, an on-chain OTC desk for altcoin options, automated vault yield strategies, and a high-leverage Degen trading mode with isolated margin. (Derivatives , Live, Main Product)
- [Aevo MCP](https://thegrid.id/profiles/aevo): Aevo MCP is a Model Context Protocol server that exposes Aevo Exchange's trading infrastructure to AI agents through structured tool categories for market analysis, portfolio management, order execution, options strategies, and risk management. MCP-compatible clients retrieve real-time market data and execute trades using natural language. The server is available as a hosted endpoint or as a self-hosted Docker container, with open-source code on GitHub. (MCP, Live)

## Assets

- [Aevo (AEVO)](https://thegrid.id/profiles/aevo): AEVO is the governance token of the Aevo protocol. It is used for voting on governance proposals, staking for trading fee discounts, and earning staking rewards on the Aevo exchange. Staking AEVO confers sAEVO status, which provides two times the voting power of unstaked tokens and grants eligibility for committee membership and protocol incentives. (Governance)
- [aeUSD (AEUSD)](https://thegrid.id/profiles/aevo): aeUSD is a vault token representing USDC deposits in the Aevo Exchange collateral framework. It is used as margin collateral for trading options and perpetual futures on the Aevo exchange while accruing yield on the underlying USDC. Users mint aeUSD by depositing USDC, and shares are burned on redemption to return USDC immediately, with daily rebalancing ensuring the reserve buffer remains sufficient. (Vault Tokens)

## Links

- [Main](https://www.aevo.xyz)
- [Documentation](https://docs.aevo.xyz)
- [Blog](https://aevo.mirror.xyz)
- [Governance](https://gov.aevo.xyz)
- [Forum](https://agp.aevo.xyz)
- [Media Kit/branding](https://app.aevo.xyz/assets/Aevo-MediaKit.zip)
- [GitHub](https://github.com/aevoxyz)
- [Twitter / X](https://x.com/aevoxyz)

## Legal

This data is provided under two licensing models.

Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation.

Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
- All data is provided AS IS with no guarantees of accuracy.
- The Grid does not provide investment, legal, or tax advice, and
- a project's presence in The Grid's data does not imply endorsement.


- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP