Deutsch한국어日本語中文EspañolFrançaisՀայերենNederlandsРусскийItalianoPortuguêsTürkçePortfolio TrackerSwapCryptocurrenciesPricingIntegrationsNewsEarnBlogNFTWidgetsDeFi Portfolio TrackerOpen API24h ReportPress KitAPI Docs

Avantis (AVNT) Soars Over 75% in 24 Hours — Why?

13d ago
bullish:

0

bearish:

0

Share

Avantis, a decentralized exchange (DEX) built on the Base network, has emerged as one of the top gainers over the past 24 hours. According to on-chain data from CoinGecko, the project’s native token, AVNT, surged by over 75% a few hours ago.

The price surge was primarily fueled by announcements of AVNT’s market listing on reputable centralized crypto exchanges, including Binance, Upbit, and Bithumb.

What is Avantis?

Avantis is a DEX launched on Base in February 2024. The protocol facilitates the trading of cryptocurrencies and real-world assets (RWAs) like commodities, forex, indices, and metals. Offering a competitive leverage of up to 500x, Avantis aims to make perpetual derivatives trading accessible to users globally, regardless of geographical barriers.

The platform boasts a 75% derivatives market share on Base, indicating that it is the most widely used protocol for derivatives trading on the layer-2 network.

Anyone can join the Avantis ecosystem as a trader or liquidity provider (LP). The platform also welcomes developers to build on top of its infrastructure through the Avantis SDK. Among the top features that have attracted users to the platform are its loss protections, zero-fee perpetuals, and positive slippage.

Since Avantis fetches its real-time price data from the Pyth price oracle, its market trading hours are identical to those outlined on the platform. Notably, these market hours are similar to those of traditional trading platforms.

AVNT, the lifeblood of the Avantis ecosystem, commenced trading in early September 2025. It serves as a utility and governance token for its holders. Users can also stake the digital asset. It has a total supply of 1 billion tokens. The project explained that the community’s incentives will account for 28.6% of the supply. Early investors (seed and Series A) will receive 26.61%.

Those who have used specific services within the Avantis protocol are eligible to claim a slice of the upcoming airdrop on November 8, 2025. The tokenomics entail that 12.5% of its total supply is earmarked for the airdrop. The entirety of the airdropped tokens will be fully unlocked as holders receive them.

Avantis Secures Market Listing

Following AVNT’s debut for trading, crypto exchanges began announcing plans to list the digital asset. For instance, the leading cryptocurrency exchange, Binance, listed the cryptocurrency in its spot market earlier today. However, it applied a seed tag to the asset, a risk indicator that helps investors to be informed about the token’s extreme volatility.

The DEX token has also garnered attention in South Korea, as two leading crypto exchanges in the country have adopted the digital asset. Upbit and Bithumb listed AVNT against the KRW (South Korean won) earlier today. Notably, the digital asset has already garnered listings on Bitget, Bybit, Kraken, and Aerodrome.

AVNT’s price surged shortly after today’s market listings, taking its valuation to its current all-time high (ATH) of $1.54. At the time of writing, the digital asset’s price has dropped by over 11%. AVNT exchanged hands with $1.36, signaling a 58.8% increase over the past 24 hours. This price movement is accompanied by the token’s market capitalization and daily traded volume. At the time of writing, they are $328.3 million and $1.67 billion, respectively.

The post Avantis (AVNT) Soars Over 75% in 24 Hours — Why? appeared first on Cointab.

13d ago
bullish:

0

bearish:

0

Share
Manage all your crypto, NFT and DeFi from one place

Securely connect the portfolio you’re using to start.