Aevo lists index perp for market cap of Friend.tech accounts

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Aevo has listed an index perpetual contract for trading the market capitalization of accounts on the new web3 social app Friend.tech.

Layer 2 derivatives platform Aevo has listed an index perpetual contract for trading the market cap of Friend.tech accounts.

Users can long or short the FRIEND index, with the market generating $230,000 in daily trading volume so far.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.Layer 2 derivatives platform Aevo has listed an index perpetual contract for trading the market capitalization of accounts on the new web3 social app, Friend.tech.

The FRIEND-PERP market is live, currently trading at $8 with $236,000 in daily trading volume so far, to the application. A perpetual contract is a type of futures derivative contract used in cryptocurrency trading that does not expire, unlike traditional futures contracts, which have a specified expiration date.to the public on Aug. 9 — and is integrated with users' X accounts .

According to its Twitter page, Aevo, which focuses on options and perp trading, is backed by Coinbase and crypto venture firm Paradigm, who also recently made an undisclosed

 

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