Aevo

EVEDEX is a hybrid decentralized perpetual exchange built on Arbitrum that combines the fast transaction processing and seamless user experience of a centralized exchange with the security, transparency, and self-custody of a DEX. Orders are matched off-chain for low latency, while settlements are finalized on-chain, keeping funds in users’ wallets and smart accounts instead of exchange hot wallets. Traders can connect MetaMask, WalletConnect, or another compatible Web3 wallet with no registration, email, or KYC, or sign up through email or social accounts for an easier start. It supports more than 50 trading pairs across crypto, forex, indices, metals, and other real-world assets, with market, limit, stop-loss, and take-profit orders and leverage of up to 200x. Its infrastructure uses Arbitrum Nitro rollups secured by Ethereum, with account abstraction adding account recovery, two-factor authentication, and flexible blockchain fee payment in USDT.

Despite the decentralized nature of crypto, centralized derivatives exchanges still remain dominant - they're already fast, familiar and reliable. So far, the DEX trading experience hasn't met that standard. Slippage is high for large orders, transferring funds between platforms is subject to massive gas fees, and low liquidity leads to poor pricing. Drift’s goal is to bring a state-of-the-art trader-centric experience from centralized exchanges on-chain. We're a team of experienced traders and builders from DeFi and traditional finance working together to make this a reality. Powered by Solana’s low latency blockchain. Take multiple positions using a single pool of collateral. Immediate liquidity from listing. Trade instantly. When you trade against Drift’s vAMM, you know exactly the price you transact at.