Avantis (AVNT) is a next-generation decentralised perpetuals exchange (perp DEX) built on the Base blockchain, designed to unify both crypto assets and real-world assets (RWAs) in a single on-chain platform. Traders can long or short crypto, forex, commodities, metals, and indices directly from a non-custodial wallet, with all positions executed transparently on-chain.
The Avantis ecosystem is powered by AVNT, the native utility and governance token. AVNT supports protocol governance, staking, incentives, fee discounts, and community rewards, aligning the interests of traders, liquidity providers, and the protocol.
Since its launch in 2024, Avantis has processed more than $22B in trading volume and secured backing from Pantera Capital and Founders Fund. With multi-asset support, advanced risk management, and an innovative fee structure, Avantis is emerging as a new standard for on-chain derivatives trading.
Avantis is built on the Base blockchain, with all trading, risk management, and incentives governed by smart contracts. The protocol combines capital-efficient liquidity provision with mechanisms designed to improve fairness and execution quality.
Key components include: Zero-Fee Perpetuals (ZFP): Trading fees only apply to profitable positions, reducing costs for active and high-frequency strategies. Loss rebates & positive slippage: Incentives that reward traders for taking positions that balance market skew, helping to stabilise markets and improve execution prices.
Risk-tranche liquidity vaults: Liquidity is pooled in USDC vaults, divided into senior (lower risk) and junior (higher risk) tranches, giving providers flexibility in risk and reward exposure.
Dual-oracle pricing system: Real-time price data is sourced from Pyth Network, with Chainlink serving as a decentralised fallback. If discrepancies exceed safe thresholds, trades are cancelled to protect participants.
Keeper network: A decentralised network of bots executes trades on-chain, with fees dynamically adjusted based on Base gas conditions. Together, these systems position Avantis as a transparent, resilient, and capital-efficient exchange, designed to align the interests of traders, liquidity providers, and the protocol.
Avantis and the AVNT token enable a wide range of applications across both decentralised finance and traditional markets, bringing crypto and real-world assets together on-chain.
For traders: Access to perpetual futures on crypto, forex, commodities, metals, and indices. Ability to implement global macro strategies within a single decentralised platform. Reduced cost structures through Zero-Fee Perpetuals, loss rebates, and positive slippage.
For liquidity providers: Earn returns in USDC from trading fees and trader losses. Select preferred exposure through risk-tranche vaults, aligning yield with risk tolerance. Benefit from incentives and rewards funded by protocol revenue and AVNT distribution.
For the ecosystem: Governance participation, allowing AVNT holders to vote on listings, fees, and protocol upgrades. Staking via the Security Module, providing additional safeguards for liquidity pools. Composability with DeFi, enabling developers to integrate Avantis’ leverage engine and oracle feeds into new protocols.
Avantis launched on Base mainnet in early 2024 following a successful testnet that processed more than 400,000 trades and over $5.5B in volume. Backed by Pantera Capital and Founders Fund, the project introduced innovations such as zero-fee perpetuals, loss rebates, and tranche-based liquidity vaults to reshape on-chain derivatives trading. With its multi-asset coverage and rapid adoption, Avantis has quickly established itself as one of the most prominent next-generation perpetual exchanges in crypto.