Avantis token AVNT launched Coinbase, the first perpetual contract DEX project launched in four years

Odaily Planet Daily News Avantis announced that its eco-token AVNT has officially launched Coinbase, becoming Coinbase’s first new perpetual contract decentralized exchange token since 2021. Since the launch of Perpetual Protocol in 2021, the Coinbase platform has not added any perpetual contract DEX projects in the past four years. AVNT tokens are now fully logged into the Coinbase ecosystem, and users can trade through the Coinbase.com website, Coinbase mobile app and Coinbase Advanced professional trading platform. Institutional investors can also directly access trading services through Coinbase Exchange. According to the official announcement, AVNT spot trading was officially launched on September 9, and the AVNT-USD trading pair will be fully opened to the supporting areas after liquidity conditions are met. It is reported that Avantis, as a decentralized exchange for RWA perpetual contracts on Base, has received strategic investment from top institutions including Pantera Capital and Coinbase. The platform provides users with up to 500 times leverage of cryptocurrency and real-world asset trading services, with cumulative transaction volume exceeding US$20 billion and serving more than 38,000 users.