The options exchange Aevo issues Pre-Launch token futures, and Sei will be the first product underlying

ChainCatcher news, the options exchange Aevo announced that it has launched its latest product, Pre-Launch Token Futures. This product is a perpetual contract with no underlying price and no funding rate during the initial phase. Once the token spot market goes live, the contract will immediately start referencing the spot market price and executing the corresponding funding rate. Due to the experimental and high-risk nature of the product, Aevo will implement strict position limits and open contract caps on these markets.

In addition, Aevo stated that it will list its SEI-related products next week before the Sei Network is traded on Binance, and users can conduct SEI-related transactions today.