High leverage, high expectations: Avantis tests the next frontier of DeFi
Source: CoinWorld
Time: 2025-09-10 15:04:09
Coinbase has launched Avantis (AVNT), the largest derivatives decentralized exchange (DEX) on the Base platform, supports synthetic asset trading, with cryptocurrency leverage up to 500 times and 1000 times forex leverage up to 1000 times. The token was marked as “experimental” and after listing, the price surged from $0.20 to $0.55 before then fell back to around $0.28, with daily trading volume close to $200 million and total locked value (TVL) of $22.5 million. Avantis, acknowledged by Base founder Jesse Pollak, provides zero-fee perpetual contracts and on-demand liquidity, giving it a dominant position against the backdrop of growing demand for risk-weighted assets (RWAs) and on-chain transactions.