Veranta (Avantis)
PerpsWe farm it
Avantis, now Veranta: an onchain perpetuals exchange on Base for crypto, FX, metals and equities.
- Perps on Base for 100+ markets: crypto, forex, commodities, indices and equities
- USDC is the only collateral and every position is isolated margin
- Up to 250x leverage on crypto and 500x on forex and commodities, set per market
- Zero maker and taker fees on forex, commodities, indices and equities while in growth mode; crypto majors 1 bps maker, 4.5 bps taker
- The avUSDC vault takes the other side of every trade; trading is gasless
7.0 of 10
Seven criteria on a scale of 10, the fee and market numbers computed from the data. Compare it with other perp DEXs only. How we score
- Taker
- 0.045%
- Volume a day
- $669M
- Open interest
- $74M
- Rewards 6.0
- AVNT live, XP seasons ended; $100K Treasures & Trades runs to Oct 26
- Taker fee 4.2
- No taker fee is a 10, 0.07% or more is a 1. A venue that earns from the spread tops out at 7.
- Volume 7.4
- Average a day: $5M is a 1, $5B is a 10, on a log scale. Volume past ten times open interest does not count.
- Safety 10.0
- Live since Feb 2024 on Base, audited by Zellic, Zokyo, Sherlock; no losses
- Open interest 6.6
- $1M is a 1, $1B is a 10, on a log scale. Harder to farm than volume.
- Ease 10.0
- Gasless one-click trading, PWA on mobile, 170+ pairs incl. stocks and FX
- Access 8.0
- No KYC or invite; closed to US persons and sanctioned places
- Go to veranta.xyz/trade and log in with email, social or an EVM wallet
- Switch your wallet to the Base network
- Get USDC on Base, plus a little ETH for the deposit gas
- Pick a market, direction and leverage
- Set take-profit and stop-loss, then open the position
The avUSDC vault is the counterparty to every trade, and the docs list smart contract and market risk. Markets with set hours can gap at reopen, so positions can be liquidated over weekends. Logging in with a social account creates a custodial wallet; use your own wallet to keep custody. In Treasures & Trades, a liquidation counts the whole collateral as a loss.
No security incidents found in our check of Oct 30, 2026.
