Ukraine is the case where the framework exists on paper and has no legal force. Spot is neither banned nor regulated - it sits outside the legal perimeter.
Leveraged derivatives are a separate question with a separate answer. Derivative contracts are capital-market instruments that require an NSSMC licence, and the statutory list of things a derivative may be written on does not include virtual assets, so crypto perpetuals and CFDs cannot be licensed in Ukraine at all; there is no domestic venue for them, and no criminal provision aimed at the retail trader either.
A perpetual on AERO tracks price and does not confer ownership of the underlying — the same contract mechanics apply in every jurisdiction; what differs by country is legal status and funding rails.
4 venues open Aerodrome Finance perps to traders in Ukraine.
Aster
Avantis
gTrade
HyperliquidFour steps from sign-up to an open position.
Individuals are subject to 18% personal income tax plus a 5% military levy on crypto gains and income from virtual asset transactions.
Trading Aerodrome Finance from Ukraine: not clearly regulated.
For Ukraine residents trading Aerodrome Finance: Individuals are subject to 18% personal income tax plus a 5% military levy on crypto gains and income from virtual asset transactions.
In practice Ukrainians verify on foreign platforms under those platforms' own rules.
Ukraine traders can fund Aerodrome Finance positions using Local bank card to a foreign crypto venue, Bank transfer (hryvnia, domestic) and USDT P2P.
Ukraine residents can trade Aerodrome Finance on 8 platforms, including Aevo, Aster and Avantis.