Avantis (AVNT)

The exchange is known for offering high-leverage trading in a permissionless environment, with transparent settlement and collateral mechanics managed through smart contracts. Its product suite includes leveraged exposure to real-world assets, a segment that has become increasingly important as DeFi projects attempt to connect blockchain liquidity with traditional financial markets. Avantis has also introduced zero-fee perpetuals, a model in which traders pay fees only when a trade closes in profit, creating a fee structure that differs from the standard taker-maker approach used by many derivatives venues.

Avantis is built on Base, Coinbase’s Ethereum layer-2 network, and has attracted backing from investors including Pantera and Coinbase-linked ecosystem participants. The project has become one of the more prominent derivatives applications on Base, with reported multi-billion-dollar cumulative trading volume since launching.

AVNT is associated with the Avantis ecosystem and its effort to build an onchain venue for leveraged trading across crypto and traditional market exposures. Its relevance comes from the protocol’s role in expanding perpetual futures beyond purely crypto-native assets while maintaining DeFi’s open-access settlement model.