Avantis: everything you need to know about AVNT
Axel has been immersing himself in the world of crypto and blockchain for quite some time, which he then translates into understandable articles.
Delves regularly into the world of blockchain and cryptocurrency.
Avantis facts
Abbreviation
AVNT
Category
DeFi (Perpetual DEX)
Founder(s)
Harsehaj Singh, Raymond Dong
Blockchain
Base
Protocol
Perpetuals
Launch date
2024
Links
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What is Avantis?
Avantis (AVNT) is a decentralized exchange (DEX) that focuses on both crypto and real-world assets (RWAs). This means that users can trade not only crypto but also markets such as currencies (FX), commodities and indices. The platform runs on Base, a fast and low-cost blockchain supported by Coinbase.
Avantis brings traditional financial markets to DeFi, giving users access to more types of trading products. Traders can trade at high speed, low cost and without intermediaries.
How does Avantis work?
Avantis allows users to trade perpetuals: these are contracts that let you speculate on the price of an asset without actually owning it. The platform supports both crypto and RWA markets.
One of Avantis’s features is Zero-Fee Perpetuals. In many cases, traders only pay trading fees when they make a profit. This fee model is relatively uncommon in DeFi.
Because Avantis runs on Base, it benefits from fast transactions and low fees. Anyone can use the platform without an account, registrations or permission from a central party. This makes Avantis accessible to both novice and professional traders.
The AVNT token
AVNT is the native token of Avantis and plays a central role within the platform. The total supply is limited to 1 billion tokens.
AVNT is used for:
- Governance: voting on proposals and future upgrades
- Staking: users can stake AVNT to support the platform and earn rewards
- Incentives: active traders, liquidity providers and referrers are rewarded with AVNT
- Safety: a portion of the staked tokens is intended to function as a safety net for extreme market situations
The technology behind Avantis
Built on Base
Avantis runs entirely on Base, a Layer-2 blockchain known for its high transaction speed and low costs. This enables users to trade quickly without high network fees.
Zero-Fee Perpetuals
This model makes Avantis unique. Traders often only pay when they make a profit. As a result, trading can be cheaper, especially for users who trade frequently.
Real-world assets on the blockchain
Avantis makes it possible to use traditional markets, such as currencies, commodities and stock indices, within DeFi. This happens via on-chain price feeds and smart contracts that automatically and reliably track the value of these markets.
The Avantis ecosystem
The Avantis ecosystem consists of:
- Perpetual trading: trade in crypto, FX, commodities and indices
- Staking and rewards: users can stake AVNT and earn rewards
- Incentive programs: traders and LPs are rewarded for their participation
€0.1342▲1.65%
Benefits of Avantis
- Trade in both crypto and real-world assets
- Zero-Fee Perpetuals (in many cases you only pay if you make a profit)
- Low fees and high speed thanks to Base
- Accessible: no accounts or central intermediaries needed
Disadvantages of Avantis
- Relatively new platform, so more risk
- RWA products are more complex than regular crypto
Who are the founders of Avantis?
Avantis was founded by Harsehaj Singh and Raymond Dong. The broader Avantis team is made up of engineers and designers from, among others, India, the US and Europe. The protocol falls under the Avantis Foundation, based in the Cayman Islands.
Avantis price in the last 24 hours
View all key statistics of the past 24 hours here.
€0.1361
€0.1375
€0.1239
Market information
Use these figures to get a better picture of the Avantis market.
€20.2 million
€43.6 million
320.2 million
€2.2500
Avantis Return On Investment
See how much the price has risen or fallen over the years.
Historical Avantis price
Here you can see Avantis's daily prices, trading volume and market cap. Looking for a specific date? You can fill in the range all you want. Maybe you'll spot the one trend!
| Date | Price | Volume | Marketcap |
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Most popular crypto currencies today
Frequently asked questions
Avantis doesn't have a fixed value because the exchange rate is always in motion. Whenever you get distracted or even blink, it has already changed. Right now, the value of Avantis is €0.1342.
You can easily buy Avantis on BLOX! Quickly download the app, and within two minutes, you'll have your own crypto portfolio with Avantis and your other favorite coins.
We don't have a crystal ball either, so it's up to you to decide whether you want to invest in AVNT. We can only recommend once again that you thoroughly research the market and only invest what you're willing to lose.
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