 | AvantisThe most advanced perpetuals DEX for crypto and real world assets. 100x leverage for traders, sophisticated risk-management for liquidity providers. Seed Round: $4 Million IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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OpenWhat is Avantis
Avantis is a decentralized leverage trading platform for cryptocurrencies and forex. One big area of innovation here is introducing dynamic risk management for liquidity providers via tranches, which allows them to select their appropriate risk-reward level. This optionality helps liquidity providers that prefer a different risk profile to stay allocated in the pool instead of looking elsewhere. They plan to offer a junior and senior tranche, which provides returns and shares risk in a specific ratio given the balance of those pools. This allows for fine-grained control to LPs over their risk and return profile, allowing for a diverse LP pool, deep liquidity for traders and an organic flywheel for high LP returns.
Our mission is two-fold:
- Empower any trader to access trading leverage across any asset class with low fees, self custody and transparent execution
- Empower anyone to become a market-maker and get access to yields from sophisticated financial products like derivatives
Vision:
- Avantis becomes the most user-friendly decentralized platform for margin-based products (perpetuals, options, onchain casino), and the largest DAO of the Superchain (Optimism, Base and any L2s built on the OP stack)
DetailsRaised: 4,000,000 USDLegalBlockchain Platform: Base NetworkRegistration year: 2023 |
Avantis Roadmap
- Discord, Twitter communities
- Landing page and early-access sign up page
- Finish seed fundraise, make key hires
- Launch Testnet v1 (private beta - trading only) on Optimism Goerli, and get feedback from key partners
- ETH, BTC 50x perps
- JPY-USD, EUR-USD, GBP-USD 100x Forex perps
- Launch Testnet v1 on Base Goerli
- Start development work for $USDC market making vaults - time and risk management
- Onboard users from our public waitlist into testnet beta
- Launch LP vaults on testnet, get feedback from beta testers
- Launch portfolio page on testnet, get feedback from beta testers
- Public Testnet Launch: Support for more asset pairs, UI / UX and fee improvements
- Smart contract audits
- Continuous testing to fine tune protocol parameters
- Lining up launch partners for mainnet alpha
- Mainnet Alpha
- Expanding perps pairs to include top 10 cryptocurrencies and more forex pairs
- Fee adjustments
- UI / UX improvements
- Expanding TVL caps for LP
- Bug Bounty
- Avantis Points - a novel DeFi loyalty program
- Launch Mainnet Beta
- UI / UX improvements
- Modify trade limitations
- Expand TVL caps
- Add more asset classes (memecoins, exotic forex pairs, commodities)
- Launch Full Mainnet Access (no TVL / trading caps)
- Start work on prototyping the Avantis Options exchange
- Explore roll-up providers to launch a dedicated roll up (L2) built on the OP stack
- Explore margin-based primitives that utilize Avantis vaults (onchain casinos, leveraged vaults, etc)
Project team
Social media
