Aevo to Convert SEI Pre-Launch Token Futures to Perpetual Futures Today

08/15 09:45

On August 15th, Ribbon Finance's on-chain structured product derivative trading platform Aevo will convert SEI Pre-Launch token futures into perpetual futures at 1:00 pm (UTC), which will introduce funding rates for existing positions. Previously, Aevo launched Pre-Launch token futures, providing perpetual contract trading services for unlisted tokens. This product has no index price or funding rate, but once the token is listed on the spot market, it will immediately start referencing the index price and enforce funding rates.

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