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Jul 4 6 tweets 2 min read Read on X
Introducing: Aevo Strategies

Aevo Strategies are automated trading vaults that execute sophisticated strategies on the users behalf.
You can now access exclusive vaults with trading strategies that are usually used by large institutions and market makers, all in just one click.
Our first vault is the basis trade vault. This is one of the most common delta-neutral trading strategies, and the main yield source behind protocols such as @ethena_labs.
The basis trade vault earns yield by collecting funding payments, which vary depending on market conditions.

It works by simultaneously buying spot and selling a perpetual future contract for the same asset.
The vault does not take any directional exposure (delta-neutral), as every long spot position is balanced by a short perpetual future position.

The vault is expected to perform positively as long as the funding rate is positive.
Over the last year (June 23 to June 24), the ETH basis trade returned 23.4%.

This is just the first strategy that we are launching under Aevo Strategies.

More to come very soon! Image

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More from @aevoxyz

May 16
The migration of $RBN -> $AEVO has officially been completed.

Here is what it means for token holders, and what to expect next 👇
Firstly, the AEVO token is a rebrand from the $RBN token, which was launched in 2021.

The "unlock" was not a typical insider / VC / team unlock – it was the ability for RBN holders to migrate their RBN to AEVO tokens.

~40% of the "unlock" was the DAO converting RBN to AEVO.
Going forward, almost all of the AEVO fully diluted valuation is already circulating.

Unlike most newly launched projects, there is no monthly vesting & unlocks which may weigh on the token supply over the next few years.

AEVO FDV = MC
Read 7 tweets
May 19, 2023
ETH IV at all time low... if you're interested in longing vol, here's how you do it 👇

#1: Pick an expiry date

If you believe there is a lack of short-term catalyst for the markets to move, longer dated options may be more attractive.

For example, @aevoxyz offers options up to 29th September.
#2: Buy some options

Once you have an expiry in mind, you can purchase either puts or calls (or a straddle/strangle)

The further out of the money options will be cheaper, whereas the at-the-money options will be more expensive
Read 7 tweets
May 18, 2023
Today, we’re very excited to launch Perpetual Futures on Aevo 🎉 Image
Aevo’s Portfolio Margin system is the first DEX to allow options and perps from the same account!

Making it the most capital efficient exchange to trade options in DeFi.

app.aevo.xyz/perpetual/eth Image
Trading both ETH Options and Perpetual contracts is now available with up to 20x leverage!

This ultimately gives traders more flexibility to:

⚖️ Hedge their delta risk
📈 Customise their trading strategy
✨ Trade on the same venue in a capital efficient way
Read 4 tweets
May 18, 2023
We launched Aevo OTC 3 days ago... how have some of the trades been going?

👇
Reminder: What is Aevo OTC?

Aevo OTC is an on-chain protocol that allows users to trade altcoin options against institutional grade market makers.

The Market Makers need to post collateral on-chain with a dynamic margining system as prices move up or down.
Trade #1: $LDO Calls 💧

Trader bought ~70,000 LDO $2.10 strike calls that expire on May26, while $LDO was trading at approximately $2.15.

They bought each call for $0.24 per option. Paying a total of ~$17.5k in premium.
Read 6 tweets
Sep 28, 2022
Crypto options has seen significant growth.

Despite currently being in a bear market, the OI in ETH options are at an all time high, approximately $8b.

On the other hand, the open interest for ETH futures are down by over 50% from the peak of the market in Q4 2021. Image
DeFi options have had a slower start. Prior to 2021, options in the entire DeFi had less than $10M of TVL and <$100M of cumulative trading volume. Image
Read 10 tweets

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