Token buyback and burn programs have become one of the clearest signals of protocol health in DeFi. $BNB and $UNI have both used supply reduction mechanics to align token value with platform growth . Aevo's AGP-3 buyback and burn is funded entirely by real exchange trading fees. This month, another 1,000,000 AEVO was permanently removed from circulation, bringing the total to 76M burned to date.
7.6% of the total supply gone for good.
The burn is monthly and recurring, and supply trends down as platform volume grows.
Across markets such as $XRP and $ZEC a stop protects a perp by closing the position once its trigger is reached.
If the move retraces, the trader is already out.
With PERPS+ now available for SOL, Limit My Loss offers another way to manage that risk.
An option is attached when the perp is opened, with the protection level and duration chosen in advance. Beyond that level, the option offsets further losses while the position remains open.
If $SOL recovers, the trader remains positioned for the bounce.
The premium is paid upfront, and leverage still matters because Limit My Loss is not liquidation insurance.
For Aevo traders, risk can be defined before entry without turning every adverse move into an automatic exit 🔥
Crypto traders already follow AI markets through assets like $FET and $TAO but the research itself often happens outside the trading screen.
That separation adds more steps between finding market context and applying it to a position.
Aevo partnered with Elfa AI to bring the research layer directly into its trading interface, and now, inside Aevo, Elfa is available for every trader and covers three common research needs:
• Research a market • Understand a token • Request a trade setup
The selected market stays visible while Elfa responds, keeping the research connected to the position being considered.
Real-time intelligence now sits within the same Aevo workflow as the market they want to trade 🔥
Traders following $SOL and $HYPE often begin with the same question of whether price moves up or down, but direction alone does not define the risk and payoff they want from the position.
PERPS+ adds that structure before a trade opens through three choices:
• Limit downside for a chosen period • Collect premium upfront in exchange for capped profit • Define the best and worst case before entry
With Solana options now live, these options-shaped outcomes can be added directly when opening a $SOL perp on Aevo through PERPS+.
Giving traders more control from the same account and collateral pool.
Options on Aevo started with BTC and ETH before $HYPE joined in June.
Now $SOL has joined them, giving Solana traders a way to express a market view beyond a linear perp: calls and puts add control over strike and expiry, allowing the payoff to reflect more than direction alone.
Each position sits beside SOL perpetual futures within the same Aevo account and collateral pool.
For DeFi traders, SOL options trades are eligible for weekly USDC cashback, while 300k $AEVO from each weekly epoch is allocated to options markets.
Eligible volume also contributes toward the permanent leaderboard.
Four assets now share Aevo’s options infrastructure, extending the range of views available from one portfolio account.
With Options Easy Mode now live for Bitcoin, $ETH traders, and both Easy Mode and PERPS+ available to $HYPE traders, August closed with more ways to trade on Aevo.
Trading through those products generates exchange fees, and those fees fund Aevo’s monthly buyback and burn.
September begins with that mechanism in action.
Another 1m $AEVO has been bought back and burned, bringing the total removed through AGP-3 and the monthly burns to 77m AEVO.
As Aevo adds more ways to trade, the fee pool available for future monthly buybacks can grow with exchange activity.
For any trader, whether a $BTC or a $HYPE trader, collateral is part of the portfolio too, that's why Aevo’s aeUSD is a yield-bearing wrapper around sDAI through Spark.
It carries the same collateral factor as USDC while continuing to earn yield as it backs open trades, allowing the collateral layer to remain productive while positions are managed from the same account.
Options and perpetual futures draw from one collateral pool, with portfolio margin available above 5k in account equity.
The result is a derivatives account where capital can support positions and generate yield at the same time.
Capital efficiency begins with the collateral underneath every trade 🔥
DeFi traders often reach for a naked perp when they have a directional view on $SOL markets, and the same instinct carries into $HYPE markets even when the acceptable loss has not been defined.
A naked perp can be liquidated before the expected move arrives, but buying an option changes that risk structure because the buyer’s maximum loss is limited to the premium paid upfront.
Easy Mode on Aevo makes that choice accessible without requiring traders to navigate the full options chain.
Every position still settles as a real call or put, while Pro Mode remains one toggle away for traders who want full control.
Directional exposure becomes easier to manage when the cost of being wrong is known before entry 👀
Real-world assets issued by $ONDO have been live on Aevo since spot markets launched earlier this month, and two of them, $TSLAon and HOODon, have both moved meaningfully since.
That movement is exactly why the account matters here.
Traders holding either asset have had the option to hedge that exposure with the matching perp the entire time, long the spot asset, short the perp, both legs live from the same account.
This isn't about predicting where TSLA or HOOD go next, it's about not having to choose between holding a real-world asset and having a plan for what happens if the market turns against it.
All of it, the asset, the perp, and everything else you're already trading, sits in one account 🔥
Going long or short on $HYPE with a naked perp means full exposure, nothing more, nothing less. If the market turns against you, there's no built-in way to define how much that costs before it happens.
PERPS+ already gave $BTC and $ETH perp traders three ways to change that, and now HYPE joins them: cap what you're willing to lose, get paid upfront to hold your position, or set your best and worst case before you even enter, whichever fits how you want to trade.
Still a perp, but now with an options edge and no options knowledge required.
Every position still earns the full rewards package, the same as any other trade on Aevo 🔥
Getting stopped out on a wick right before the move you called finally plays out is one of the worst feelings in trading.
Naked perps have always carried that risk.
That's exactly what PERPS+ was built to fix for $BTC and $ETH perp traders. Cap the downside, collect a premium upfront, or lock in both a best and worst case, all without ever leaving the perp you already know how to trade.
No options chain, no strike selection, just outcomes attached to the position you're already running, and every one of those positions still earns rewards the same as before.
Last week, 1,000,000 $AEVO was distributed to our traders across perps and options markets like $BTC and $HYPE this week the same pool resets and the clock starts again.
700,000 AEVO goes to our major crypto perpetual futures markets, and 300,000 AEVO goes to our options markets.
This weekly epoch reward is one of three separate reward streams on Aevo (weekly AEVO epoch, weekly USDC cashback, and the year-end USDC distribution).
Bitcoin surged over 20% this week, climbing to near 78k in one of its sharpest weekly moves in years.
$ETH and $HYPE didn't lag behind, both posting strong gains of their own, and alts across the board caught the same bid.
Weeks like this usually leave traders picking between two blunt choices: chase the move with a naked perp and carry the liquidation risk the whole way up, or watch from the sidelines and let it pass.
Neither has to be the choice. A defined-risk option lets you take the same view with your downside fixed before you enter. PERPS+ gives you that same protection without ever opening an options screen. Or you run the perp directly, if that's the cleanest expression of the view.
All three live in the same account, alongside whatever else you're already holding, and every one of those trades earns rewards on top of the position itself.
That's what one account built for a week like this is for.
$BTC and $ETH perp traders understand leverage, liquidation, and funding rates. Most have never made an options trade, not because they lack the skill, but because the interface always looked like a second exam.
Options break a symmetry perps cannot: a long call or put carries unlimited upside and a fixed downside. The max loss is the premium paid, known before entry, and not subject to liquidation. A perp in the same direction profits and loses in equal measure with no floor.
There is also a second direction that perps do not offer: a trader who expects price to stay range-bound can sell premium: collect payment upfront and profit if the view holds. That trade does not exist in the perpetual market.
Options Easy Mode is now live on Aevo to make the entry of perp traders to options easier.
The instrument was always capable, and Easy Mode is what made it accessible.
Options volume across $HYPE and $ETH markets has been climbing as more traders look for defined downside without naked perp exposure, but the barrier has always been the complexity of the interface.
Aevo's Easy Mode is now live.
Three questions replace the options chain entirely: which direction, what is your target price, and how do you want to earn. No strike to pick, no expiry to manage, no Greeks to decode. The platform structures and executes a real Call or Put in the background.
$HYPE and $ETH perp traders dominate crypto derivatives volume. The instrument they consistently avoid is options, not because options are less powerful, but because the interface has always made them feel that way.
Options break a symmetry perps cannot.
A long call or put carries unlimited upside and a fixed downside. The max loss is the premium paid, known before entry, and not subject to liquidation. A perp in the same direction profits and loses in equal measure with no floor.
There is also a direction perps do not offer at all. A trader who expects price to stay range-bound can sell premium: collect payment upfront and profit if the view holds. That trade does not exist in the perpetual market.
Options have been live on Aevo for years. The only thing standing between most perp traders and their first options trade has been the interface.
Most yield programs in crypto reward deposits and holding, while the traders generating real volume on $BTC and $ETH markets rarely see any of that value returned to them.
Aevo runs a year-end distribution funded by protocol revenue from Uniswap V3 LP fees, with 808,800 USDC projected for 2026, distributed to traders who hold a COMMANDER or LEGEND stake and build 10 million in cumulative trading volume since January 1.
Every perp and options trade counts toward that threshold.
The leaderboard launched a month ago, and the year-end snapshot is the deadline 🔥
$BNB established the buyback and burn model as one of the most recognized value accrual mechanisms in crypto; $MKR followed with its own version. The thesis is straightforward: when a protocol generates real revenue, it can use that revenue to reduce supply permanently.
Aevo has been running the same mechanism.
Every trade on the platform generates fees, and a portion of those fees funds a monthly AEVO buyback and burn, with 76 million tokens now removed from circulation to date, 7.6% of total supply, gone permanently.
The fee surface just got significantly larger with crypto perps, options, and equity perps already generating volume on the platform, and every product expansion is another source of burn fuel.
The supply keeps shrinking as the platform keeps growing.
$SOL and $PUMP traders stay in crypto, while equity traders stay in stocks; the two worlds run on different infrastructure, different platforms, and different schedules.
That separation comes with a cost.
A move in NVDA that a crypto trader spots early still requires leaving the ecosystem, opening a brokerage, and waiting for market hours. By the time the trade is on, the window is often gone.
That divide is closing everywhere now, and six tokenized RWA equity spot markets have already gone live on Aevo. Each sits in the same account as your crypto perps, equity perps, and options.
A trader who sees NVDA run on an AI catalyst can now act on it from the same place they manage everything else. The friction of choosing a market is the last thing a trader should be managing 🌟
Every time SPY breaks a record or NVDA runs on an AI catalyst, the same thing happens: $BTC and $ETH traders watch from the sidelines. Getting exposure meant leaving the ecosystem, opening a brokerage account, or skipping it entirely.
Six tokenized equity markets are now live on Aevo: SPYon, NVDAon, TSLAon, QQQon, GOOGLon, and HOODon. Each backed one-to-one by the underlying, trading around the clock, from the same account as your perps and options.
While stocks move, the onchain version moves with them 🌟