Avantis (AVNT)

Trading Platform

Avantis is a decentralized perpetual futures exchange built on the Base network. It allows users to trade cryptocurrencies, forex, commodities, metals, indices, and other real-world assets with up to 500x leverage. The platform offers zero-fee trading on profitable positions, making it cost-efficient for active traders.

Token Utility

The native token, $AVNT, is used for governance, staking, incentives, and rewards within the Avantis ecosystem. Token holders can participate in decision-making, earn rewards by staking, and receive discounts on trading fees. $AVNT also powers protocol incentives and community-driven development.

Liquidity and Risk Management

Users can provide liquidity by depositing USDC into vaults with different risk tranches, choosing between safer senior vaults with steady returns or junior vaults with higher risk and potential rewards. Avantis employs advanced risk management features like loss rebates and dynamic liquidity tranches to protect traders and liquidity providers.

Technology and Features

Avantis uses a dual oracle system (Pyth Network and Chainlink) for accurate, real-time price data and employs decentralized keeper bots to execute trades efficiently. The platform runs on Base, enabling fast, low-cost transactions with Ethereum-level security.

Ecosystem and Growth

Avantis aims to be the universal leverage layer for global assets, combining crypto and traditional markets in one on-chain environment. It supports a growing community with airdrops, staking rewards, and SDK tools for builders to integrate real-time price feeds and trading functions. The project is backed by major investors and has a strong user base with significant trading volume and total value locked.

Advantages

• Avantis offers a decentralized perpetual futures exchange on Base, allowing trading of crypto and real-world assets like forex, commodities, metals, and indices with up to 500x leverage.
• It features zero-fee perpetuals where fees apply only to profitable trades, making trading cost-effective.
• The platform supports a dual price check system using Pyth Network and Chainlink to protect users from bad pricing.
• Avantis provides advanced risk management for liquidity providers through tranches, allowing them to choose their risk-reward level.
• It has strong institutional backing from Pantera Capital, Founders Fund, Galaxy Digital, and Coinbase.
• The native token $AVNT powers protocol incentives, trader rewards, and community governance.
• Users retain custody of their collateral, enhancing control over funds.
• The platform offers up to 20% rebate on losses when trading against popular sentiment.
• Avantis has a large and active user base with over 65,000 users and $15B+ in total trading volume.
• The Avantis SDK enables developers to build and integrate real-time price feeds and trading features.
• The project has a transparent tokenomics model with a fully unlocked airdrop at token generation event (TGE).
• It supports community governance and staking for rewards and protocol security.
• Avantis is the largest derivatives exchange on Base by volume and market share.

Disadvantages

• High leverage trading can lead to fast liquidations.
• The market for Avantis is relatively small compared to traditional markets, so large holders ("whales") can influence price movements significantly.
• The token price can be volatile, with recent fluctuations and corrections after rallies.
• Some sell pressure may occur after airdrops or token unlock events.
• Trading on-chain means every order requires blockchain confirmation, which may affect speed compared to centralized exchanges.
• The platform is relatively new and still expanding product offerings, so some features like governance voting are coming soon.

This summary highlights the main strengths and challenges of Avantis based on available information.

Founders

Avantis was founded by Harsehaj Singh and Raymond Dong. Harsehaj Singh is the CEO and has a background in investments at Pantera Capital. Raymond Dong is the COO and brings experience from hedge funds, consulting, and crypto product leadership. Both founders have worked at top firms like Pantera Capital, Lazard, McKinsey, and Bow Capital.

Team Background

The team includes experts with experience in DeFi, quant finance, macro trading, and crypto product development. Other team members have worked at Binance, Quantopian, and major fintech companies.

Support and Investors

Avantis has strong backing from major investors such as Pantera Capital, Founders Fund, Galaxy Digital, and Base Ecosystem Fund.

Lead Investors

Avantis raised $4 million in seed funding in September 2023, led by Pantera Capital. Other major investors include Founders Fund, Galaxy Digital, Base Ecosystem Fund, and Modular Capital.

Series A Investors

In June 2025, Avantis completed an $8 million Series A round with participation from Pantera Capital, Founders Fund, Salt Fund, Symbolic Capital, and Flowdesk.

Notable Backers

The project is also backed by Coinbase (through its Base network), and billionaire investor Peter Thiel is associated with Avantis.

Community and Ecosystem Support

Avantis has a strong community with over 65,000 users and a foundation that supports development, governance, and incentives, funded partly by these investors.

Halal Status of Avantis

• No: Avantis involves leveraged trading and derivatives, which generally include elements like speculation and interest (riba) that are often considered non-compliant with Islamic finance principles.
• Reason: Islamic scholars typically view trading with high leverage and derivatives as haram because they may involve excessive uncertainty (gharar) and interest, which are prohibited in Shariah law.
• Context: While some cryptocurrencies and trading methods are considered halal if they avoid interest and speculative practices, Avantis’ model of up to 500x leverage and synthetic perpetual contracts does not align with these halal criteria.