Technical Collaboration and Market Upgrade: Strategic Value Analysis of Aevo and Celestia Cooperation

撰文：DerivaResearch

On January 24, 2024, the decentralized Layer 2 derivatives trading protocol Aevo announced on X (formerly Twitter) that it has migrated its L2 solution to the Celestia platform, bringing new explorations to the decentralized finance (DeFi) space. One of the significant outcomes of this collaboration is the substantial economic benefits for Aevo through a dramatic reduction in data availability costs, successfully converting these profits into user value. This strategic adjustment not only enhances the profitability of Aevo's exchange and sequencer but also lays a solid foundation for further expansion of its DeFi protocol and application ecosystem in the future.

1. Celestia's Modular Blockchain Architecture

As a leader in modular data availability, Celestia offers a unique and innovative blockchain solution. Its modular architecture allows for more flexible data processing and storage methods, significantly enhancing the performance and scalability of blockchain applications. Celestia's core advantage lies in its high throughput and low-cost data availability layer, which not only improves data processing efficiency but also provides higher security and reliability. These features make Celestia an ideal infrastructure choice for Aevo's L2 solution.

2. Background and Products of Aevo

Since its inception, Aevo has been one of the major players in the DeFi space, focusing on providing decentralized derivatives trading services. By innovatively integrating off-chain matching with on-chain settlement, Aevo offers users an efficient and secure trading experience. As one of the earliest platforms to adopt OP Stack L2 technology, Aevo aims to build a powerful and user-friendly decentralized trading platform. Its products and services continue to expand to meet the rapidly changing market demands.

3. What Can the Collaboration Between Celestia and Aevo Bring?

Aevo announced the successful migration of its L2 solution to use Celestia as its infrastructure, marking an important milestone in its development. This collaboration signifies a key step for Aevo before becoming a broader and more open DeFi protocol and application ecosystem. By reducing data availability (DA) costs by 100 times, Aevo L2 can significantly enhance the profitability of its exchange and sequencer while scaling user acquisition and accelerating growth, passing cost savings back to users. This transformation is crucial for Aevo, as previously all Rollup data was published to the Ethereum mainnet, with monthly costs reaching 50-100 ETH. With Celestia's high-throughput data availability layer, Aevo can improve the scalability of its chain, increase block size, and reduce block time, thereby enhancing the user experience of the chain itself.

4. Synergy Between Aevo and Celestia

The collaboration between Aevo and Celestia is not just a technical integration but a significant evolution of DeFi services. By fully leveraging Celestia's data availability layer, Aevo can significantly reduce its operational costs, which is particularly critical in the DeFi space. Furthermore, this partnership is expected to increase the profitability of Aevo's exchange and sequencer by over 90%, significantly enhancing the economic efficiency of the entire platform. This is beneficial not only for Aevo but also provides Celestia with a platform to showcase its technological prowess, jointly advancing the development of DeFi services. This synergy is reflected not only in the economic benefits for both parties but also in the collaborative force driving the entire DeFi industry forward.

5. Impact on Scalability and Transaction Throughput

The integration of Celestia gives Aevo's chain greater scalability, which is crucial for handling a large volume of transactions. By increasing block size and reducing block time, Aevo can process transactions more efficiently, thereby improving user experience. This means Aevo can support more users and larger-scale transactions while maintaining low latency and high throughput, which is essential for remaining competitive in the market and attracting new users. Celestia's technological advantages provide Aevo with a sustainable foundation, offering solid support for its future business expansion and innovation.

6. Innovation and Market Flexibility

This collaboration brings unprecedented innovation opportunities to Aevo. With the support of Celestia, Aevo can more rapidly launch new products and services, flexibly responding to market changes. This innovation is not limited to improving existing products but may also include the development of entirely new DeFi tools, further expanding its market influence. This flexibility is crucial for maintaining competitiveness in the ever-evolving DeFi market. The partnership will serve as a catalyst for Aevo to accelerate innovation and expand its product line, providing users with more diverse choices while also potentially driving the overall development of DeFi.

7. Cost Efficiency and User Impact

By utilizing Celestia, Aevo has achieved a significant reduction in data availability costs, which not only enhances its profitability but also allows Aevo to convert cost savings into user benefits. Lower transaction fees and more efficient transaction processing will directly enhance user experience and attract more participants. This improvement in cost efficiency also means that Aevo can be more attractive in the highly competitive DeFi market. By passing these economic advantages onto users, Aevo is expected to build stronger brand recognition and user loyalty, further solidifying its leading position in the DeFi space.

8. Future Prospects and Ecosystem Growth

The collaboration between Aevo and Celestia is not just a technical upgrade but a catalyst for the development of both ecosystems. As Aevo gradually evolves into a broader DeFi ecosystem, Celestia's technology will facilitate the deployment of new protocols and the expansion of the ecosystem. This partnership opens the door to future innovations and developments, likely leading to the emergence of a series of new DeFi products and services. The collaborative efforts of both parties are expected to drive the entire industry forward, providing users with more choices while injecting new vitality into the healthy growth of the DeFi ecosystem. This collaboration is strategically significant not only for Aevo and Celestia but also promises a more prosperous future for the entire DeFi ecosystem.

9. Conclusion

Overall, Aevo's decision to choose Celestia as its infrastructure marks an important turning point in the DeFi space. This collaboration not only enhances Aevo's trading efficiency and economic benefits but also brings new opportunities for innovation and development to the DeFi market. With the joint progress of Aevo and Celestia, it is anticipated that the DeFi sector will witness more innovations and growth in the future. This partnership not only advances the development of both parties on a technical level but also injects new vitality into the entire DeFi ecosystem, providing users with a more advanced and efficient trading experience. This strategic decision is expected to have a profound impact on the industry, prompting more projects to seek similar collaboration opportunities and driving the DeFi sector towards a more open and innovative direction.

About Celestia

Celestia is a modular data availability (DA) network that can securely scale with the number of users, allowing anyone to easily launch their own blockchain. Rollups and L2 use Celestia as the network for publishing and providing transaction data, which anyone can download. For them, Celestia offers high-throughput DA that can be easily verified through light nodes. By modularizing the blockchain stack, anyone can launch their own blockchain without a set of validators.

About Aevo

Aevo is the first Layer 2 derivatives platform focused on options and perpetual contract trading. Aevo Exchange is a highly robust centralized limit order book (CLOB) decentralized exchange built on the Aevo L2 rollup and Optimism stack, featuring Aevo Strategies (automated strategies). This architecture achieves low gas fees and low latency while significantly improving liquidity and capital efficiency.