Avantis aims to be the all-in-one leverage solution on Base, offering perpetuals for crypto and real-world assets like forex, commodities, and indices with crazy high leverage (500x for crypto and 1,000x for FX). Hyperliquid, on the other hand, is all about crypto perpetuals, running on its own Layer 1 with around 200k orders per second and instant finality.
In terms of design, Avantis is an oracle-based Layer 2 with flexible liquidity pools and loss protection. Hyperliquid uses a fully on-chain order book with super fast finality. Both projects provide zero-gas perpetuals and maker rebates.
Looking at traction, Avantis is still building its presence with $330 billion in monthly volume, holding 79% of the perpetual DEX market share, and seeing significant inflows from institutions.
Let's break it down:
Avantis has the RWA aspect, high leverage, and benefits from the growth of the Base ecosystem, but it depends on oracles and is still in its early stages.
Hyperliquid has the advantage of scale, dominating volume, and fast Layer 1 infrastructure, but it suffers from validator centralization and has a more limited focus.
So in short: Avantis could definitely become the "Hyperliquid of Base," yet Hyperliquid is still the benchmark for decentralized perpetuals.
This coin looks new, and if I'm not mistaken, its price is around $0.33 on the top exchange platforms where it's listed.
The market cap it recently achieved isn't bad, either.
The only thing is that it's an RWA coin, which makes me a bit hesitant. But maybe I'll still try to buy some
and hold it for a short period.
Can't agree more. Got the same conviction and acted earlier and it's already looking like one of the best decisions, I've made in this cycle. Told myself "never gonna miss this opportunity like I did with HYPE last year"
There are many Centralized Exchanges that became successful for many reasons.
When it comes to Decentralized Exchanges, there's only one exchange that's very popular and that's Hyperliquid. The once started only as an airdrop is now at the top when it comes to DEXes.
TBH, the only down that I'm seeing with Avantis is the fact that it's RWA, but aside from that, this might still be a good token to buy for the short term. I mean there's not that much DEXes around, and I see the same success on these DEXes as the same with CEXes. Kind of early to say though, but that's what I believe.
It's just a bit disappointed on my part that I opened a long position on this coin at $0.30, and now the price has already more than doubled. That could've been one of the best trades in my trading journey. What a disappointment am I.
Possibly but it's exchange token season now. Avantis, HYPE and so on is getting a good pump. As I know there are other competition such as axiom, edgex, lighters, and many more even sonic is creating their own perps.
We still don't know which one wins, but I want to ride the hype of exchange token for now. Avantis holder are already getting good profit already.
Wdym? Have you closed your position already or you just trying to play with our emotions haha?
Anyways, still locked-in with mine. My personal conviction is this could make an easy $1B mcap during the bull cycle of October - November.
I was interested in this token when it first launched, but I didn't enter because I saw a blocklist function in the smart contract. Not to spreading of FUD, I'm not very good at understanding this function, but I'm concerned that if it's enabled for all addresses, no one will be able to trade the token. Could you explain in more detail the potential of this blocklist function? Will it only be activated for users suspected of money laundering or criminal activity, or will it be applicable to anyone who might be blocked?
well congrats to you, AVNT create the new ATH at 0.93.
A blocklist is used to prevent smart contract poisoning that leads to hacks and exploits. Its only backdrop is it allows a bit of centralization but with the scale of hacks we have these days, I think we can do with such oversight.
Is this enough proof already?
Kidding aside, the more I look at the price of AVNT right now, the more I feel disappointed in myself. If only I just set a trailing stop loss instead of adding a take profit price, I could've got a much higher profit from that token. I mean it pumped to $1.5 already. $1B market cap seems a bit high IMO though. Right now, the market cap of it is at $282M already, and if it needs to reach $1B, the price of token must reach at least $5. Will it happen? Probably, but for me, the chances that it will happen in the next 1-2 months is very low... UNLESS people will think that Avantis will be the next "Hyperliquid" therefore, they will buy the token while it's early since they expect the same outcome with Hyperliquid.
Thank you for the information. This helps me clear up any misunderstandings, as I always thought the function could be designed to prevent anyone from transacting at any time.
Of course. I agree that preventing hacks is important, but I think the community also needs to know the exact criteria for being blocked. Is there any public information or clear policies on this? If possible, please provide any explanations of this, as I've tried looking at the docs on the website and can't find any information.
Mostly, blocklist on dex are at 2 levels:
1. Contract address level where wallets from users flagged for "bad" practices are excluded from interacting with the smart contract. Also tokens flagged ineligible due to issues associated with rugging, very low liquidity and manipulated (all tokens that doesn't meet the Oracle requirements), are denied interaction.
2. Frontend where users wallet from OFAC countries can be blocked with the aid of geofencing.
FYI: Most blocklist are dynamic meaning they're updated progressively.
People already think avantis is the next Hyperliquid. There's a narrative on X . And I think those that got in after Binance listing would want to hold till at least 2x profits, so $5 isn't really a big deal judging by the current fomo. I got in around $0.3 on Bitget about 4/5 days ago, took some profits and I'm currently riding this risk free. Will love to see how far it could go.
Speaking of Binance, they also got their own DEX Perps as well in ASTER which also has an airdrop that's almost similar to Hyperliquid.
It has been listed on their own Dex, and BingX and the price spiked up from around $0.10 to around $0.40 a few hours ago. I don't know it's price right now, but it seems like there's a building hype around DEX Perps right now, so I will not be surprised if other Layer 2 blockchains will create their own. As for your entry price, I will congratulate you on that one since you made some profits. I made some as well, but I could've buy my own car if I held it to up to $1.5 (Kidding ).
Some predictions says that AVNT could go to as high as $5, but for me, I don't think that it will happen this time but in the next bull run cycle.
Man, it's gonna be wild west for DEX perp from here on. From lighter, avantis, and now CZ with aster and honestly whether one of these gonna be the next hyperliquid or not, I have no idea because I'm sure in the future there will be fragmentation of volume since people choose favorite DEX perp of their own.
But guess what, I think Avantis gonna have volume increase because BASE just announced TGE and this could be a good reason why people gonna start increasing their on chain footprint using avantis.
I did try Aster, and UI is buggy on the phone could not connect at all almost using wallet connect, I am mostly trading on the phone, so I found alternative Perpmate DEX as it is running on hyperliquid audited contracts I trust it, especially these guys are focusing on mobile trading experience while others focus on desktop. Not sure about Avantis tbh, havent tried it yet, but I know trading Aster token on perpmate is better because funding is positive unlike on aster, as hyperliquid eco people hate aster lol.
The future of decentralized futures prepetual market gonna be like AMM dex. It was dominated by uniswap then people forked the shit out of it and liquidity become fragmented. It will happen to futures perpetual dex market too because I'm seeing new market appear every month : edgex, standX,and more you name it.