About Avantis
Avantis is a decentralized perpetuals exchange that offers high-leverage trading across a variety of assets, including cryptocurrencies and real-world assets such as foreign exchange, commodities, and indices. It aims to bring institutional-grade trading solutions to the decentralized finance (DeFi) space, allowing users to trade with leverage up to 500 times in a transparent and permissionless environment. Avantis is recognized as the largest decentralized exchange on the Base network by trading volume, bolstered by support from notable investors like Pantera and Coinbase.
One of Avantis' standout features is its zero-fee perpetuals model, which allows traders to incur fees only when they make a profit. This innovative approach has led to significant growth since its launch in February 2024, with over $12 billion in cumulative trade volume and more than 1.5 million trades completed.
The native utility token, AVNT, serves multiple purposes within the Avantis ecosystem. It enables governance by allowing holders to vote on protocol upgrades and changes. Additionally, AVNT can be staked to provide security for the platform, mirroring traditional Layer 1 staking models, while also generating rewards for participants. Users of the platform, including traders, liquidity providers, and referrers, can earn AVNT tokens based on their activity and contributions.
The total supply of AVNT is capped at 1 billion tokens, with plans for further details on tokenomics to be released. Avantis is on a path to expand its offerings, with future developments including on-chain equities, a proprietary Layer 2 solution, composable yield vaults, and on-chain prediction markets.
Founded by industry veterans with deep experience in finance and DeFi, Avantis is supported by a diverse team of engineers and designers from various regions. Governed by the Avantis Foundation, the platform is positioned to evolve and enhance the trading experience for users across the globe.