Crypto Trading Platform Avantis Opens Perpetual Swaps DEX on Base Network
Powered by @unfolded- Avantis, a perpetual swaps exchange, has opened for trading on Base mainnet, offering a new approach to balancing crypto futures markets.
- The trading protocol rolled out natively on Base, the Coinbase-backed layer 2, aiming to attract first-time DeFi users into the on-chain world.
- Perpetual swaps are a financial novelty unique to crypto, functioning as futures contracts without an expiration date, and require maintenance to ensure market balance.
- Avantis offers a different approach by providing a guaranteed rebate to traders who take contrarian positions, aiming to appeal to retail traders interested in directional trading.