Avantis Trading App Gains Traction on Base

- Avantis is backed by significant venture capital, having raised a $4 million seed round led by Pantera Capital in September 2023, followed by an $8 million Series A co-led by Founders Fund and Pantera Capital in June 2025. It is also the first perpetuals exchange to receive a direct investment from the Base Ecosystem Fund. - The platform's fee structure is unique, featuring a "zero-fee" model where traders only pay fees on profitable trades. It also offers loss rebates of up to 20% for traders whose positions help balance the protocol's overall market risk. - The native token, AVNT, has a total supply of 1 billion, with 50.1% allocated to the community. This includes 12.5% for airdrops and 28.6% for on-chain rewards for traders and liquidity providers. - Staking the AVNT token serves as a security module to backstop potential losses in the liquidity vaults, and in return, stakers can receive rewards, trading fee discounts, and XP boosts for loyalty programs. - Since its mainnet launch in February 2024, the protocol has achieved significant volume, processing over $20 billion in cumulative trades. - A key feature is the ability to trade synthetic real-world assets (RWAs), including forex, commodities, and indices, with up to 500x leverage. The platform uses oracle providers like Pyth Network for real-time price feeds to ensure accuracy. - Instead of a traditional order book, trades are executed against a central liquidity vault primarily funded by USDC. Liquidity providers can deposit into different risk tranches to customize their potential returns and risk exposure. - As of February 2026, approximately 25.8% of the total 1 billion AVNT token supply has been unlocked and is in circulation.