Avantis Labs
9 known investors
Avantis is a decentralized derivatives exchange built on Base that lets users trade leveraged perpetuals on crypto, forex, metals, commodities, and indices directly from their wallets. It serves onchain traders and liquidity providers, offering features like loss protection, positive slippage, an SDK for builders, and the $AVNT utility and governance token.
Also known as Avantis Β· Avantis Labs
Investors Β· 9
Also in the syndicate Β· 2
Company profile
researched Aug 2026Avantis Labs is a decentralized finance derivatives company whose flagship product, Avantis, is a perpetual-trading and market-making protocol. It allows users to take leveraged positions on cryptocurrencies and real-world assets β including foreign exchange, metals, commodities and indices β directly from a self-custodied wallet, using USDC as trade collateral. According to TechCrunch, the protocol targets both retail and institutional participants with up to 100x leverage and aims to make forex and commodity exposure tradable and hedgeable on-chain without first tokenizing the underlying assets.
A distinguishing element of the design is its treatment of liquidity providers: co-founder and CEO Sehaj Singh described the goal as serving "complex" LPs with differentiated risk profiles, framing the approach as a "Uniswap V3 moment" for liquidity provision in leverage protocols. The trading engine draws prices from Pyth and Chainlink oracles, and the protocol was built on the Optimism Superchain / OP Stack, launching on Base. The company also publishes an SDK giving external builders access to real-time price feeds, trade execution and position management.
The protocol's native token, $AVNT, is described on the company site as the utility and governance token of Avantis, used for protocol incentives, trader rewards and community-driven development, with a day-one airdrop for users who interacted with Avantis and partner protocols. A separate Avantis Foundation entity is referenced alongside the token.
Business model
Avantis operates an on-chain derivatives protocol where traders open leveraged positions against liquidity supplied by liquidity providers; the sources describe low fees to traders and yield paid to single-asset LPs, plus an SDK offered to third-party builders. The sources do not detail specific fee levels or revenue splits.
Traction
The company website reports cumulative totals of about $95.9 billion in traded volume, 5.43 million trades and 79,618 traders. At the time of its 2023 seed round, its waitlist held roughly 90,000 applicants with about 2,500 users onboarded.
Latest developments
The company site promotes Avantis V2 (beta) and the $AVNT utility and governance token, together with an Avantis Foundation and a day-one airdrop for prior users of Avantis and partner protocols.
βΈFull profile β market position, technology, go-to-market, geography, history, risks & controversies
Market position
The company describes Avantis as the largest derivatives exchange on Base for RWAs and crypto assets and as the first perpetuals DEX invested in by Base. TechCrunch positioned it against DeFi perpetual protocols that focus mainly on crypto, noting that orderbook-based derivative protocols have limited non-crypto asset coverage and that most on-chain RWA products are restricted to accredited institutions.
Avantis combines crypto leverage with real-world asset exposure (forex, metals, commodities, indices) in a single non-custodial venue, avoiding the tokenization step for RWAs by using oracles. On the liquidity side it offers tiered/complex LP risk profiles rather than a single undifferentiated pool, and adds trader-side mechanics such as loss-protection rebates, isolated positions and positive slippage.
Technology
The protocol is a synthetic/oracle-based perpetuals engine rather than an orderbook, sourcing prices from Pyth and Chainlink oracles for low-latency pricing across centralized and decentralized markets. It is built on the OP Stack / Optimism Superchain and deployed on Base, using USDC as collateral. Product features cited include isolated positions, loss-protection rebates, positive slippage and an SDK for price feeds, trade execution and position management.
Go-to-market
The company built an initial user base through a waitlist that reached roughly 90,000 applicants, onboarding users in batches beginning with about 2,500 in September 2023, after a private testnet on Base. Distribution is extended via an SDK for other platforms and builders, and via token incentives including trader rewards and an airdrop to users of Avantis and partner protocols. Community channels on X and Discord are the primary public-facing marketing surfaces.
On-chain, crypto-native leverage traders (retail and institutional) and sophisticated liquidity providers seeking yield; the CEO stated the product is not aimed at users without prior crypto or leverage-trading experience. Users in the United States and OFAC-sanctioned countries were excluded at launch absent a CFTC license.
Geography
The protocol is accessible on-chain; the company stated it would not operate in the United States or OFAC-sanctioned countries unless it obtained a CFTC exchange license. Sources give no headquarters or office locations.
History
In the third quarter of 2023 Avantis launched a private testnet on Base offering bitcoin and ether perpetuals, and in September 2023 it announced a $4 million seed round and began onboarding waitlisted users. Mainnet launch on Base was planned for the first quarter of 2024, initially with BTC and ETH plus GBP, JPY and EUR forex pairs, with additional cryptocurrencies, exotic forex pairs such as INR/USD, and commodities including gold, silver and crude oil to follow. The roadmap described an options engine beginning around mid-2024 and further margin-based products. The company site now advertises an Avantis V2 platform in beta and the $AVNT token.
Risks & controversies
Regulatory access is a stated constraint: the platform said it would not serve U.S. or OFAC-sanctioned jurisdictions absent a CFTC exchange license. The CEO also noted the product's leverage mechanics are unsuitable for users who do not understand leverage. Volume, trade and trader figures are self-reported by the company and unaudited.
Compiled by commissioned research from 5 cited public sources β announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed β not independently audited.
Timeline Β· 5
launches, deals, and filingsAvantis introduced $AVNT as the native utility and governance token powering protocol incentives, trader rewards and community-driven development, with a day-one airdrop for users who interacted with Avantis and partner protocols; an Avantis Foundation is referenced alongside the token.
The company website promotes Avantis V2, labelled beta, for trading crypto, forex, metals, commodities and indices from a self-custodied wallet.
Avantis Labs announced a $4 million seed round led by Pantera Capital, with participation from Founders Fund, Galaxy, Coinbase's Base Ecosystem Fund and Modular Capital, to grow its perpetual-trading and market-making protocol.
$4M source β
Avantis offers an SDK giving external platforms access to real-time price feeds, trade execution and position management.
Avantis launched a private testnet phase on Base in the third quarter of 2023, initially offering bitcoin and ether perpetual trading, and began onboarding roughly 2,500 users from its waitlist in late September 2023.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
βΈResearch sources Β· 5
primary sources listed
- Avantis Labsavantisfi.com Β· web
5 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Avantis Labs do?
- Avantis Labs runs a decentralized perpetuals exchange on Base for crypto, forex, metals, commodities and indices.
- Who are Avantis Labs's investors?
- Avantis Labs's investors include Coinbase Ventures, Edessa Capital, Flowdesk, Symbolic Capital, Founders Fund, Modular Capital, Pantera Capital.