"High Leverage, High Hopes: Avantis Tests the Meta of DeFi’s Next Frontier"

Coinbase has listed Avantis (AVNT), marking a significant development for the decentralized exchange (DEX) and the broader Base blockchain ecosystem. The token is now available for trading on Coinbase.com and the Coinbase App, where users can buy, sell, exchange, send, receive, and store AVNT. The listing categorizes the asset as “experimental,” indicating it may still be in an early stage of adoption and development.

Avantis is described as the largest derivatives exchange on the Base blockchain and the largest decentralized exchange (DEX) for trading and market-making real-world assets (RWAs). The platform offers a Universal Leverage Layer, enabling users to trade synthetic assets across a wide range of markets, including Bitcoin, crude oil, Turkish Lira, and U.S. equity indices, with features such as on-demand liquidity, capital efficiency, and self-custody. The protocol also supports up to 500x leverage on crypto and up to 1000x leverage on forex, which differentiates it from many competitors in the space.

The project has received strong support from key industry figures. Jesse Pollak, the creator of the Base blockchain, has endorsed Avantis, referring to it as “The Hyperliquid of Base” and praising its team for delivering innovative solutions like zero-fee perpetual contracts. The platform’s rapid expansion is evident in its exchange listings, with AVNT already available on Binance, Bybit, KuCoin, and Gate.io in addition to Coinbase.

The token’s price action has been highly volatile since its launch, with AVNT surging from $0.20 to $0.55 USDT shortly after becoming available. While it has since retreated closer to $0.28, the initial momentum has been viewed as a successful launch by the community. The coin has also generated significant trading volume, with daily volumes pushing around $200 million and a total value locked (TVL) of approximately $22.5 million.

Avantis is also positioned to benefit from broader trends in the crypto market, including the growing adoption of RWAs and the increasing demand for on-chain trading platforms with high leverage and low fees. The project has already begun to attract attention from both retail and institutional traders, with early users leveraging the platform to trade a variety of synthetic assets without requiring centralized custody of their funds.

Despite the positive developments, the market remains cautious about the long-term sustainability of AVNT’s growth. The token’s post-airdrop price trajectory has been typical of many new DEX tokens, with significant dumping pressure following its initial launch. However, if the project can continue to deliver on its roadmap—including the introduction of new markets and platform upgrades—it could solidify its position as a leading DEX in the Base ecosystem.