Avantis is the largest real-world asset (RWA) perpetuals DEX in DeFi, built on and backed by Base. The platform enables users to trade both crypto assets and RWAs—including foreign exchange, commodities, indices, and equities—in a transparent, permissionless environment. Supported by leading investors such as Pantera Capital and Coinbase, Avantis has quickly become the highest-volume decentralized exchange on Base, offering institutional-grade trading products with up to 500x leverage.
Innovations & Growth
Avantis pioneered zero-fee perpetuals (ZFP), a new primitive in DeFi where traders only pay fees if they generate profits. In addition, the protocol introduced leveraged RWAs onchain, broadening access to traditional markets within decentralized finance. Since launching in February 2024, Avantis has processed more than $20 billion in cumulative volume and generated over $15 million in annualized revenue.
AVNT Tokenomics
The native utility token of the protocol, AVNT, has a capped supply of 1 billion tokens. Tokenomics details are expected to expand, but current use cases include:
- Governance: Voting on protocol upgrades, fee models, and new product launches.
- Staking & Security: AVNT stakers backstop vault losses and earn rewards, similar to proof-of-stake mechanisms.
- Incentives: Rewards distributed to traders, liquidity providers, and referrers based on participation.
- Fee Discounts: Reduced trading fees based on staking duration and amount.
- XP Boosts: Stakers receive boosts tied to their locked tokens, enhancing engagement and gamification.
AVNT will be listed across leading exchanges including Binance (Alpha), Bybit, Gate, Bitget, KuCoin, Kraken, Aerodrome, and more.
Founders & Team
Avantis was co-founded by Harsehaj Singh and Raymond Dong, both of whom bring extensive backgrounds in finance and crypto. Singh, Avantis’ CEO, previously led investments at Pantera Capital, while Dong, COO, combines experience from Lazard, McKinsey, and Bow Capital with crypto-native product leadership.
The team includes engineers and designers across India, the U.S., and Europe with prior experience at Binance, Quantopian, and major fintech firms. Governance is coordinated by the Avantis Foundation, based in the Cayman Islands.
Roadmap & Vision
With support from major backers including Pantera Capital, Founders Fund, Galaxy Digital, and the Base Ecosystem Fund, Avantis is expanding beyond perpetuals into a multi-product DeFi suite. Upcoming initiatives include:
- On-chain equities trading
- Avantis v2: a native Layer 2 solution
- Composable yield vaults
- On-chain prediction markets
Conclusion
By bridging real-world assets with crypto-native markets, Avantis is carving out a leading role in DeFi. Its combination of innovative product design, institutional backing, and community-driven governance positions it as a cornerstone protocol for the growing RWA sector. As it continues expanding its offerings, Avantis could become a central hub for both traditional and digital asset trading onchain.
