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Singapore, Singapore, July 16th, 2026, Chainwire

The decentralized derivatives exchange launches PERPS+ on mobile and confirms full feature parity with desktop. Protected perps can now be managed on the move with Aevo.

Aevo, the decentralized derivatives exchange with more than $10 billion in options volume since 2020, has launched PERPS+ on mobile. The feature adds protection directly to a perp at entry, where the trader picks a mode, sets the level, and Aevo executes the combined position in one tap with no options knowledge required. The launch also marks a milestone: Aevo’s mobile experience now matches desktop feature for feature.

Traders can download the Aevo app on the App Store and Google Play for the full mobile experience (currently not available to U.S. or U.K. persons).

Aevo has a habit of building things the rest of the market copies later. PERPS+ on mobile continues that run. Structured, options-protected positions once required an options desk or a rigid DeFi vault. Now they execute in one tap from a phone.

Built first, copied later Aevo’s architecture set the template much of decentralized derivatives now runs on. Its custom Ethereum layer-2 pairs an off-chain order book with on-chain settlement, giving traders centralized-exchange speed while they keep custody of their funds. That hybrid model has since become the dominant design for decentralized perps with options.

Then there is aeUSD, the yield-bearing stablecoin Aevo built as trading collateral. It has been live in production for almost two years, making it one of the most battle-tested yield-bearing collateral assets in DeFi. Margin earns while positions are open, quietly earning traders yield. 

All of it sits in one cross-margin account: options, perps and structured products together. Running decentralized options at exchange scale is hard, and most venues still cannot offer the combination natively.

PERPS+: options power, zero options knowledge The problem is old and stubborn. Options can cap losses, generate income or define risk before entry. But strikes, expiries and premiums scare most perps traders off, so the majority run fully unprotected positions.

PERPS+ handles the options leg automatically. Traders pick one of three enhancers:

“Limit My Loss “caps maximum loss at a set amount, with the downside defined at entry and the upside left completely uncapped. “Get Paid to Hold” pays a guaranteed upfront premium in exchange for capped upside. “Lock My Range” caps both loss and profit, giving a fully defined risk-to-reward ratio for close to zero upfront cost. PERPS+ is currently available on BTC and ETH perpetual futures.

The trader sets the protection level. Aevo structures, prices and executes the combined position in one tap.

PERPS+ serves two audiences. Audience 1: Perps traders who have never touched options get one-click protection on trades they were already going to make. Audience 2: DeFi vault depositors get tailor-made, vault-like strategies with the freedom to set their own parameters instead of accepting fixed vault terms.

PERPS+ is live on both web and mobile. The feature launched first on web and is now fully available across both platforms.

Protection that travels Traders have always been able to close positions from their phones. What they could not do is open a perp with a defined floor already built in, protection that limits losses automatically if the position moves against them. Aevo mobile makes that a one-tap action, on the only mobile derivatives exchange with full desktop parity.

A clean token with a shrinking supply The AEVO token has been fully distributed since mid-2025, when the final scheduled unlock completed. No vesting cliffs ahead. No investor unlock events. No dilution overhang.

On top of that, 74 million AEVO have been permanently removed from circulation to date through a recurring monthly buyback and burn, funded entirely by real exchange revenue, which buys AEVO on the open market and permanently removes it from circulation. The supply mechanic makes the token deflationary. Stakers receive monthly Uniswap V3 LP positions in the AEVO/USDC pool, earning swap fees that compound as long as the position is held.

The result: no unlock calendar to trade against, and a deflationary supply that shrinks as the exchange earns.

Aevo spokesperson said, “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+”.

About Aevo Aevo is the leading decentralized derivatives exchange. The PERPS+ feature is now live with a full mobile experience are live at www.aevo.xyz. Technical documentation is on Aevo Docs.