Aevo Launches Spot Markets for Six Tokenized Real-World Assets

iconBlockchainreporter
Share
AI summary iconSummary
Aevo has launched spot markets for six tokenized real-world assets (RWA) on its platform, including NVDAon, TSLAon, SPYon, QQQon, HOODon, and GOOGLon. These RWA news updates highlight the integration of Ondo Finance-issued assets on Aevo Chain, now tradeable alongside perpetuals and options. Users can hedge stock positions with perpetuals, with zero gas fees for the bridge between Aevo Chain and mainnet. This on-chain news marks a key step in expanding RWA trading capabilities.
Aevo1

For the first time on Aevo, traders can hold, trade, and hedge tokenized real-world assets from the same account as their options and perps.

Until today, a trader running options and perps on Aevo and an investor holding tokenized real-world assets on mainnet were in different places, different venues, different balances, different mental models for what each account was for.

That separation ended with spot markets for six tokenized real-world assets now live on Aevo, powered by Ondo Finance.

NVDAon (NVIDIA), TSLAon (Tesla), SPYon (SPDR S&P 500 ETF), QQQon (Invesco QQQ), HOODon (Robinhood), and GOOGLon (Alphabet) are now buyable, holdable, and tradeable on Aevo Chain, sitting inside the same account where traders already run their perpetuals and options.

The account, extended

The launch is built on a single premise: a portfolio holds assets and trades from the same place. A trader who runs NVDA perps on Aevo can now hold NVDAon in the same account. A holder whose Ondo assets have been sitting idle on mainnet now has somewhere those assets have a job.

The six assets bridge to Aevo Chain with zero gas, and swaps run on Aevo’s L2 in either direction, stables to Ondo assets and back. The bridge runs both ways, and positions open and close around the clock.

The strategy, day one

Every launch asset has its matching perpetual futures market already live on Aevo, so from the first hour, traders can go long NVDAon and short the NVDA perp from the same account, running a delta-neutral position on a real-world asset entirely onchain.

The perp leg earns rewards across Aevo’s trading reward streams, while the spot leg earns nothing. The capability is there across all six launch assets. The strategy is shown as intent and outcome: hedge the stock with its perp, one account, both legs.

The assets, stated precisely

The six assets are issued by Ondo Finance, the RWA category leader, and backed one-to-one by the underlying.

The relationship is an ecosystem integration: Ondo assets, powered by Ondo, on Aevo. The assets are cleared through Ondo’s full review and compliance process while Aevo is an approved venue.

What comes next

Today’s launch is the foundation layer of a longer story; the assets arrived now, and what they unlock comes next: buy them now, use them soon.

[QUOTE PLACEHOLDER: Getting spot RWA assets on the exchange now enables more trading strategies; users are now able to edge their spot RWA positions with the corresponding perp (and vice versa).]

The direction is capital efficiency, as most tokenized assets sit in wallets with nothing to do, no venue to trade against, no strategy to run, no way to make the holding work.

The account Aevo is building moves in a different direction: assets you hold and derivatives you control, in one place, with each side working alongside the other rather than sitting separately.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.