# Welcome to Aevo

Aevo is a decentralized derivatives exchange built on a custom OP Stack Layer 2. Options, perpetual futures, OTC, and automated strategies, all from a single margin account, with off-chain order matching and on-chain settlement.

This is the central resource for understanding how Aevo works, what you can trade, and how the protocol is governed.

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## Our Products

### Aevo Exchange

The core trading platform. Perpetual futures and options on ETH, BTC, and a growing list of altcoins, with cross-margin support and sub-10ms latency.

→ [Aevo Exchange](https://docs.aevo.xyz/aevo-products/aevo-exchange)

### Aevo PERPS+

Combine perpetuals and options into a single trade. PERPS+ packages directional exposure with defined-risk protection, giving you structured payoffs without managing multiple legs manually.

→ [PERPS+ Overview](https://docs.aevo.xyz/aevo-products/aevo-perps+/options-made-easy)

### Aevo MCP

Model Context Protocol integration for AI-native access to Aevo's trading infrastructure.

→ [MCP Overview](https://docs.aevo.xyz/aevo-products/aevo-mcp)

### Aevo OTC

On-chain OTC desk for altcoin options, built directly on Aevo L2. Institutional-grade liquidity for markets where roughly 75% of volume still happens off-exchange.

→ [OTC Overview](https://docs.aevo.xyz/aevo-products/aevo-otc)

### Aevo Strategies

Automated vault strategies for options-based yield generation, built by the team behind the OG DeFi Options Vaults (DOVs).

→ [Strategies Overview](https://docs.aevo.xyz/aevo-products/aevo-strategies)

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## Rewards and Staking

Active traders and AEVO stakers earn rewards through multiple programs.

* [**Trading Campaigns**](https://docs.aevo.xyz/trading-and-staking-rewards/trading-campaigns/trading-rewards) — Current incentive programs and eligibility.
* [**Staking**](https://docs.aevo.xyz/trading-and-staking-rewards/staking) — Stake AEVO to unlock fee discounts, boosted rewards, and governance weight.
* [**Exchange Referrals**](https://docs.aevo.xyz/trading-and-staking-rewards/exchange-referrals) — Earn from referral volume.

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## Governance

Aevo is governed by AEVO token holders through on-chain proposals and Snapshot votes.

* [**Governance Overview**](https://docs.aevo.xyz/aevo-governance/governance) — How proposals are created, discussed, and executed.
* [**Buyback and Burning**](https://docs.aevo.xyz/aevo-governance/new-buyback-and-burning-system) — Protocol revenue mechanics and token supply management.