EVEDEX, a hybrid decentralised cryptocurrency exchange, has published the tokenomics structure for $EVE, its utility token designed to support fee payments, staking and governance across the platform.
The token carries a fixed supply of 100 million, with allocations distributed across seven categories: 31% to treasury and DAO functions, 18% to the core team, 15% to partnerships, 12% to liquidity provision and vaults, 10% to seed and private rounds, 8% to network incentives, and 6% to community through retroactive distribution.
Retroactive Airdrop and Eligibility
The 6% community allocation targets users who accumulated points before the token generation event. Eligibility is determined by activity already recorded on the platform, including trading, liquidity provision, referrals, quests, community participation, and previously issued Achievement Badges. Distribution occurs pro rata based on each participant's proportional share, with no separate purchase or deposit required to qualify.
The token generation event is sequenced to the protocol's mainnet phase, following the establishment of live perpetual trading and fee accrual to the DAO treasury.
Staking and Governance Structure
Staked $EVE converts one-for-one into stEVE, a non-transferable token that carries voting rights in the EVEDEX DAO. The non-transferable design separates governance weight from tradeable supply, ensuring voting power must be earned through token locking rather than acquired on secondary markets.
Unstaking operates on a linear one-year schedule that updates continuously, allowing holders to withdraw unlocked portions at any point. Early exits incur penalties of up to 50%, decreasing linearly to zero as the unlock period completes. Staking rewards are tied to protocol fee generation and each staker's proportional share of total staked stEVE.
Platform Metrics
EVEDEX reports more than 74,000 registered traders and monthly trading volume above $15 billion. The exchange offers perpetual futures trading with up to 200x leverage, forex and index perpetuals, alongside AI-powered trading tools and a gamified rewards system.
