The Aevo decentralized derivatives exchange confirms full feature parity between mobile and desktop, with PERPS+ bringing one-tap downside protection to perpetual futures traders on the move.
Aevo, the decentralized derivatives exchange with more than $10 billion in options volume since 2020, has extended PERPS+ to mobile. Protection is now added directly to a perpetual futures position at the moment of entry. Traders pick a mode, set their level, and Aevo handles the rest in a single tap, with no options knowledge required. The release means Aevo’s mobile app now offers everything the desktop platform does.
Traders can download the Aevo mobile app on the App Store and Google Play for the full mobile experience (currently not available to U.S. or U.K. individuals).
Sponsored
The exchange has a consistent pattern of shipping products before the rest of the market catches up. PERPS+ on mobile follows that same pattern. Positions with built-in risk definition once meant hiring a desk or locking capital into a vault with terms you did not set. That is no longer the case.
The foundation others copied
The architecture Aevo built for decentralized derivatives has become the industry reference point. Its custom Ethereum layer-2 runs an off-chain order book against on-chain settlement, giving traders execution speeds comparable to a centralized exchange while keeping them in full custody of their funds. Much of the decentralized derivatives space now builds on a variation of the same design.
aeUSD was another first. A yield-bearing stablecoin purpose-built for trading collateral, it has been running in live production for close to two years, making it one of the longest-tested assets of its kind in DeFi. Collateral earns continuously, regardless of whether positions are active.
All products share a single cross-margin account. Options, perps, and structured products draw from one collateral pool. Most venues still cannot offer that combination on a decentralized basis.
A token built to shrink
The AEVO token reached full distribution in mid-2025 when the last scheduled unlock completed. No cliffs remain. No investor allocations are waiting to hit the market. No dilution is coming.
The exchange runs a monthly buyback and burn program funded entirely from real trading revenue. To date, 74 million AEVO have been taken out of circulation permanently. Every month, exchange revenue purchases AEVO on the open market and removes it for good. Stakers earn monthly Uniswap V3 LP positions in the AEVO/USDC pool, generating swap fees that keep compounding for as long as those positions are held.
No unlock schedule to trade around. A supply that gets smaller as the exchange gets busier.
PERPS+: protection built in, no options knowledge required
Options have always been capable of solving the core problem perps traders face. They can cap losses, generate income before a move happens, or lock in both sides of a trade before entry. The issue is everything that comes with them: strikes, expiries, implied volatility, premiums. Most perps traders encounter that interface once and go back to naked positions.
PERPS+ removes that layer entirely. Three enhancers are available at entry:
- Limit My Loss sets a hard floor on the position. Downside is fixed at entry, upside stays completely open.
- Get Paid to Hold pays a premium upfront in exchange for a ceiling on profits.
- Lock My Range locks in both the best and worst case outcome for approximately zero net cost.
PERPS+ is currently available on BTC and ETH perpetual futures.
Two types of traders benefit directly. Perps traders who have never opened an options position get protection on trades they were already going to make, without learning anything new. DeFi vault users get the same structured payoff profile they are used to, but with the ability to set their own parameters rather than accepting fixed vault terms.
The trader sets the level. Aevo structures and executes the position in one tap.
PERPS+ is live on web and mobile. Web came first, and mobile now has full parity.
Protection that travels
Traders have always been able to exit a position from their phone. Entering one with a defined floor built in from the start was not possible until now. Aevo mobile makes it a one-tap action, on a mobile derivatives exchange with complete desktop parity.
[QUOTE PLACEHOLDER: Aevo spokesperson, ‘Onchain options have been called the next big thing every year since 2021. And every year, they’ve failed to become it… So we thought, what if getting options-level protection felt exactly like trading a perp? That’s PERPS+.’]
Try it now
PERPS+ and the full mobile experience are live at www.aevo.xyz. Technical documentation is on Aevo Docs.
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