> For the complete documentation index, see [llms.txt](https://docs.aevo.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.aevo.xyz/aevo-products/aevo-otc/trading-on-aevo-otc/cost-efficiency.md).

# Cost-Efficiency

Traditional options trading incurs multiple layers of costs that erode profitability:

* Exchange fees
* Wide bid-ask spreads
* Position adjustment costs
* Settlement delays

Aevo Options OTC 2.0 eliminates these inefficiencies through:

* Zero exchange fees on all transactions
* Tight spreads backed by institutional liquidity
* Early position unwind capabilities at fair market prices
* Instant settlement on Aevo's Layer 2 solution