AEVO (Aevo) has risen 9.54% in the last 24 hours.

Gate News Bot News, September 22, according to CoinMarketCap, as of the time of writing, AEVO (Aevo) is currently priced at $0.12, rising 9.54% in the last 24 hours, reaching a high of $0.15 and a low of $0.09, with a 24-hour volume of $609 million. The current market capitalization is approximately $108 million, an increase of $9.43 million compared to yesterday.

Aevo is a trading platform that supports options, perpetual contracts, and various products, utilizing a combination of off-chain matching and on-chain settlement, providing traders with exceptional performance and low latency while maintaining the security of Ethereum. The platform has processed over $98.1 billion in volume, with a current open contract value of $3.595 million. Aevo is built on a customized L2 based on the OP stack, achieving high throughput and performance while inheriting the security of Ethereum. Its product ecosystem offers traders a comprehensive range of trading options, including options, perpetual contracts, yields, and structured products.

Important news about AEVO recently:

1️⃣ Volume surge drives price rise The volume of AEVO reached 609 million USD in the past 24 hours, showing strong interest in the project from the market. High volume is often closely related to price fluctuations, which may be one of the main factors driving the rise of AEVO's price by 9.54%.

2️⃣ Market capitalization rise shows investor confidence The market capitalization of AEVO rose by 9.43 million USD in 24 hours, reaching 108 million USD. This significant rise reflects investors' positive expectations for the AEVO project's prospects, further supporting its price trend.

3️⃣ Strong demand for derivatives trading As a trading platform that supports options and perpetual contracts, AEVO currently has an open contract value of 35.95 million USD. This indicates a strong demand for derivative trading on the platform, which may have attracted more traders to participate, thereby driving the demand and price rise of the AEVO token.

From a technical perspective, the price of AEVO fluctuates between $0.09 and $0.15, showing significant price volatility. This volatility may provide opportunities for short-term traders, but it also increases risk. On the fundamental side, the Aevo platform has handled over $98.1 billion in volume, indicating its competitive position and market share in the cryptocurrency derivatives trading market.

This message is not intended as investment advice; investors should be aware of market volatility risks.