Harsehaj Singh is the CEO and co-founder of Avantis, an on-chain trade for buying and selling and market-making cryptocurrencies, foreign exchange, and commodities.
Why it’s best to pay attention
Constructed on Coinbase’s Layer 2 chain, Base, Avantis is designed to supply merchants permissionless entry to crypto, foreign exchange, metals, and real-world commodities—all immediately from their pockets. It’s backed by severe gamers like Pantera Capital, Founders Fund, and Galaxy Digital. In contrast to typical decentralized exchanges that simply deal with crypto, Avantis lets you commerce a big selection of belongings with leverage—as much as 100x on foreign exchange and commodities, and 50x on crypto—making it an formidable bridge between conventional finance and DeFi.
The buying and selling expertise itself is designed to be extra user-friendly and risk-aware. Avantis has baked in options like loss rebates, which might return as much as 20% of a dealer’s losses underneath particular situations, and incentives for optimistic slippage that make getting out and in of trades probably smoother and extra worthwhile. For liquidity suppliers, the platform provides USDC vaults with junior and senior tranches, giving LPs management over their danger publicity and rewards. LPs may time-lock their deposits to earn further yield and XP rewards. It’s a system that balances the necessity for deep liquidity with the protection of the capital concerned, which is essential in high-leverage environments.
What makes Avantis stand out is its give attention to engagement via gamified incentives. Their XP rewards program offers customers factors for buying and selling, offering liquidity, and referring others. These XP factors can result in future perks, governance rights, and seasonal leaderboard rewards, making it really feel extra like collaborating in a sport or social community than utilizing a conventional trade. Between the wide selection of tradable markets, its superior danger tooling, and this immersive rewards system, Avantis is constructing one thing that appears like the way forward for buying and selling—accessible, world, and defi-native.
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