Avantis (AVNT) Review (9.3/10⭐)

›› Trade Avantis coin here
 

Avantis operates entirely on Base, Coinbase's Layer 2 blockchain. It describes itself as DeFi's leverage hub, offering trading across crypto, foreign exchange, commodities, indices, and equities from a single exchange. Since launching in February 2024, the platform has processed over 20 billion dollars in cumulative trades and is on track for more than 15 million dollars in annualized revenue. Its native token, AVNT, has a maximum supply of 1 billion, with more than 260 million already in the market. Token utility includes governance, staking for security, and discounts for active traders. Funding history is equally solid. Pantera Capital led the 4 million dollar seed raise in 2023, while an 8 million dollar Series A followed in 2025 with Founders Fund involved. Within weeks of its token launch, AVNT secured listings on Binance, Coinbase, Upbit, and Bithumb, shifting it from a Base-only product to a coin traded across global markets.

 

A Bit About Avantis

Avantis was founded by Harsehaj Singh and Raymond Dong. Singh previously led investments at Pantera Capital, while Dong brought experience from Lazard, McKinsey, and Bow Capital. The wider team includes engineers from Binance, Quantopian, and fintech firms in India, the U.S., and Europe. The protocol serves as a perpetuals exchange built on Base and treats real-world assets as equal to crypto. Users can open leveraged positions on things like currencies, oil, or gold just as easily as on bitcoin or ether. Pairing that with a system where fees only apply to winning trades gave it an edge and helped it expand fast.

The main token for Coinbase derivatives exchange that uses the Base blockchain.CryptoLists.com

 

This is simply a DEX for perpetual futures. Trading is collateralized with USDC and executed fully on-chain. Pricing is handled through oracles, with Avantis combining Pyth for fast updates and Chainlink as a fallback. If prices differ too much, trades are cancelled to protect users. What separates this platform is the zero-fee perpetuals model. Traders only pay fees on profitable trades. If you lose money on a position, the protocol does not charge extra. Liquidity is handled by USDC vaults, which are split into tranches. Senior tranches carry lower risk with smaller returns, while junior tranches carry higher risk with bigger potential upside. This allows liquidity providers to choose their level of exposure.

 

Utility of Avantis?

The AVNT token drives governance, staking, incentives, and trading discounts.
Governance: Holders can vote on protocol upgrades, fee models, and expansion.

Staking: Tokens can be staked in the Security Module to cover potential vault losses. In return, stakers earn rewards but face possible slashing.

Incentives: Traders, LPs, and referrers all receive AVNT rewards based on their participation.

Discounts: Staking AVNT reduces trading fees by up to 50 percent.

Loyalty benefits: Long-term stakers receive larger allocations in reward programs and airdrops.

Airdrops have been an important part of distribution. In September 2025, Binance allocated 10 million AVNT in its HODLer program, equal to one percent of supply. Season 3 rewards also distributed 40 million AVNT, worth over 80 million dollars, to LPs and traders.

 

Advantages of Avantis

+ Zero-fee model makes trading DeFi with Avantis cheaper.
+ Up to 500x leverage available.
+ Strong institutional backers including Founders Fund and Pantera.
+ Base blockchain keeps transactions fast and low cost.
+ Leading derivatives exchange on Base by trading volume.
 

Disadvantages

- High leverage comes with high liquidation risk.
- Limited to the Base chain for now.
- Young token with short trading history.
- Derivatives structure can feel complex for beginners.
- Performance depends on Base network stability.
 

Costs

▪ Rated at 10/10

Using Avantis is cheaper than many alternatives. The Base chain has lower gas fees than Ethereum, and Avantis only charges when trades are profitable. Keeper fees apply when trades open or close, but these are recalculated dynamically depending on network conditions, keeping costs balanced.

For profitable trades, a small portion of gains is taken as fees. The higher the profit, the larger the cut, but traders always keep the majority. On top of this, staking AVNT cuts fees further, so active users often hold tokens for discounts.

 

Reputation and Buzz

▪ Reputation rated at 9/10
▪ Buzz rated at 9/10

Avantis has drawn attention for both its speed of growth and its investor backing. Within its first year on Base, it became the largest exchange in derivatives volume. Listings on Binance, Coinbase, Upbit, Bithumb, and Kraken followed in the second half of 2025. The token surged 77 percent in a week after its Binance and Coinbase listings.

Online, the project is discussed frequently on Reddit, Telegram, and trading forums. CoinGecko search rankings showed AVNT among the most searched coins in September 2025. The project also attracted headlines when its airdrop suffered a 4-million-dollar sybil attack, though this did not slow its adoption.

The reputation is shaped primarily by two things: Peter Thiel's Founders Fund backing and Coinbase's Base network support. Both give it credibility that few DeFi projects manage in such a short period.

 

FAQ

What blockchain does Avantis use?

This token operates on Base, Coinbase's Layer 2 solution.

What can I trade on here?

Crypto, forex, commodities, metals, indices, and equities.

How much leverage is offered?

Up to 500x leverage on perpetual contracts.

Are there trading fees?

This token uses a zero-fee model where fees apply only to profitable trades.

Where can I buy AVNT?

$AVNT is available on Binance, Coinbase, KuCoin, Gate, Bitget, Kraken, Upbit, and Bithumb.

 

History of Avantis

September 2023: Avantis raises 4 million dollars in a seed round led by Pantera Capital. The project’s waitlist hits 90000 names, with just 2500 users granted early access.

February 2024: The exchange, but not the token, goes live on Base mainnet. Within its first few months, Avantis becomes the largest derivatives exchange on the chain, handling more than 18 billion dollars in trades.

June 2025: An 8 million dollar Series A round is secured, co-led by Pantera Capital and Founders Fund, joined by Galaxy, Symbolic Capital, and other investors.

September 9, 2025: The Token Generation Event takes place. AVNT launches with a fixed supply of 1 billion tokens.

September 15-18, 2025: Binance, Coinbase, Upbit, and Bithumb all list AVNT. Binance distributes 10 million tokens through its HODLer airdrop, while Coinbase introduces AVNT perpetual futures.

›› Trade Avantis here

Screenshots from Avantis

Related crypto site? Learn more about Coinbase App

AVNT is a utility token for the platform Coinbase App, so it's worth reading more about the company behind below.

Have you heard of the user-friendly Coinbase website and app? It's one of the world's most well known and easily accessible digital currency platform where you can buy and sell Bitcoin, Ethereum, Matic, Solana, Litecoin and a range of other cryptocurrencies. You can also use Coinbase to store your cryptocurrency over the long term and get staking rewards. Today, the platform now has an application that you can install in your devices and use on the go. It's also regulated in the US, UK, and EU which makes it a standout choice. Here's an in-depth review of Coinbase, a platform suitable for both beginners and experienced traders...

›› Read our full Coinbase App review here or more directly at their website here.

Want to buy and sell cryptocurrencies easily? Coinbase is where you go!

›› Sign up at Coinbase App here