TLDR:
- Market: Avantis ($AVNT) reached an all-time high (ATH) market cap of $549M on the day of launch, presently holding around $360M market cap with a 24-hour volume of $49.9M.
- Narrative: $AVNT, the governance and utility token for Avantis’ cross-asset leverage platform on Base, debuted to great fanfare, fueling cross-asset trade and incentives in the system. The debut echoes strong demand for RWA perps.
Avantis ($AVNT), contract address 0x696F9436B67233384889472Cd7cD58A6fB5DF4f1, launched onto the Base blockchain on September 9, 2025, reaching an all-time high market cap of $549M within the first day before leveling off at approximately $360M, with a $49.9M 24-hour volume. As the token of the decentralized leverage trading platform Avantis, $AVNT is the unifying thread within its system for facilitating utility and governance for the creation of DeFi’s universal leverage layer for global assets such as crypto, forex, and RWAs.
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The $AVNT story frames it as an on-chain finance enabler, unifying stakeholders via incentives, increased security, and gradual decentralization. Avantis is leading the charge on RWA perpetuals; $AVNT powers protocol growth, reimbursing traders and liquidity pools, and enabling long-term responsible accountability. Launch frenzy via the platform’s 15B+ cumulative volume and support from leading VCs elevated the token’s launch, but a 34% market cap decline underscores sell pressure following the launch. Regulatory focus on Base tokens and over-reliance on DeFi tailwinds introduce significant uncertainty. Investors can expect to see signs of trading volume and ecosystem usage and prepare for swings in the high-leverage play on $AVNT.
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