It’s clearly perp DEX season, and while $HYPE has been dominating, there is a new beast in town built on and backed by @Base, and just launched their airdrop not too long ago.
This is @AvantisFi, and we’re going to unravel everything you need to know! 🧵
@AvantisFi is a perpetual DEX built and native to the Ethereum Layer 2, @Base, which first launched in early 2024. Setting themselves apart from competitors is the ability to trade cryptocurrencies, forex, metals, commodities, indices and much more, all on-chain with up to 500x leverage, and zero fees, all with Avantis.
Base is one of the most thriving networks in Web3, and Avantis has become the go-to DEX on the network for perps trading with its sleek, easy-to-use user interface, tools, perks, expansive array of assets to trade, overall speed, costs and efficiency.
With over 43K active traders, 2.36M trades, and over 24.2B in volume, Avantis is one of the leading perp DEXs in Web3, especially when it comes to RWAs, the multi-trillion dollar industry. As global Web3 adoption kicks in and institutions begin to trade real-world assets on-chain, @AvantisFi positions itself as one of the most desired destinations.
The Avantis exchange has much to offer for its users, including:
- Competitive Leverage - Trade with up to 500x leverage
- Positive Slippage - Traders get positive slippage when they help balance open interest
- Loss protection - Traders can claim up to 20% rebates on losses
- Unique LPs - Earn yield from Avantis-created liquidity pools (LPs)
Although there is more to explore, we thought you’d prefer to see for yourselves!
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