Ribbon Finance Suffers $2.7 Million Loss Due to Smart Contract Issue

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Dec 14 2025

Should l Buy AEVO?

Smart Contract Vulnerability: Aevo reported a $2.7 million loss due to a vulnerability in the Ribbon vault's smart contract, leading to a halt in vault operations and asset withdrawal instructions for users.
Impact on Users: The breach resulted in a 32% asset loss for users of the Ribbon DOV legacy vault, highlighting ongoing security challenges in decentralized finance and raising concerns over protocol security measures.
Market Volatility: Ethereum's price has experienced significant volatility, dropping by 32.20% over the last 90 days, which reflects broader market weaknesses exacerbated by security breaches like the one at Ribbon.
Future Implications: The incident may prompt advancements in smart contract auditing and security measures, with institutional investors potentially advocating for stricter regulatory frameworks to ensure accountability in decentralized finance.

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Technical Analysis for AEVO

Technical Sentiment Analysis for Aevo (AEVO) As of , Aevo (AEVO) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 0 indicators are flashing buy, while 5 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for AEVO stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, AEVO is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Aevo (AEVO) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.0182	0.0221	0.0259	0.0298	0.0336	0.0375	0.0413
Fibonacci	0.0221	0.025	0.0268	0.0298	0.0327	0.0345	0.0375

About AEVO

Aevo is a decentralized derivatives exchange focused on options, perpetuals, and pre-launch trading. Aevo runs on the Aevo L2, a custom Ethereum rollup built using the Optimism stack. This enables Aevo to support over 5,000 transactions per second and process over $30 billion in trading volume. The exchange uses a hybrid model - an off-chain central limit order book for matching trades, combined with on-chain settlement of the actual trades using smart contracts on Ethereum L2. This allows Aevo to provide a high-performance, low-latency trading experience similar to centralized exchanges while maintaining the security and transparency of decentralized settlement.Aevo is built by the team that launched Ribbon Finance.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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