Share this article
Ribbon Finance’s Native Token RBN Surges 19% Amid Options Platform Release
The token was trading at 25 cents ahead of the launch of Ribbon’s on-chain options exchange, Aevo.
Updated May 9, 2023, 4:10 a.m. Published Mar 15, 2023, 4:34 p.m.
RBN, Ribbon Finance’s governance token, surged 19% in the past 24 hours ahead of the launch of Aevo, Ribbon’s on-chain options exchange.
The token’s price increased 18.9% to 25 cents, according to data from CoinGecko. While the token’s volume jumped more than 477% to over $4.2 million in the same time period, the number of wallets holding RBN has remained flat around around 4,200, according to blockchain analytics firm Nansen.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Ribbon Finance, a suite of decentralized finance (DeFi) protocols known for providing access to users with several on-chain structured products, will soon be launching Aevo, an on-chain options exchange where Ribbon’s options contracts will settle. Aevo was initially set to launch in the fourth quarter of 2022 but has yet to be open to the public.
“The majority of the tokens are held by long-term investors and the spike could be a sign of insiders and true believers doubling down, especially if new wallets are stable, which they largely are,” Andrew Thurman, Nansen’s head of research, told CoinDesk.
Más para ti
Lo que debes saber:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Más para ti
French Banking Giant BPCE to Roll Out Crypto Trading for 2M Retail Clients
The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq.
Lo que debes saber:
- French banking group BPCE will start offering crypto trading services to 2 million retail customers through its Banque Populaire and Caisse d’Épargne apps, with plans to expand to 12 million customers by 2026.
- The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq, with a €2.99 monthly fee and 1.5% transaction commission.
- The move follows similar initiatives by other European banks, such as BBVA, Santander, and Raiffeisen Bank, which have already started offering crypto trading services to their customers.
Top Stories
