What it does
Avantis announced its change of name to Veranta on 14 September 2026. This profile follows the same project across the rebrand so its history, links and research remain together. The trading product covers crypto and global-market derivatives using a common USDC account.
Positions are synthetic and cash-settled: trading an equity or commodity perpetual does not deliver the underlying share or commodity. Liquidity is supported by the avUSDC vault and market-making infrastructure. That creates two different activities to evaluate: traders take leveraged price exposure, while liquidity providers accept the economic risks of supplying the other side.
Which network does Avantis / Veranta use?
The protocol runs on Base, Ethereum’s L2 ecosystem. Trades use USDC margin and cash settlement on that network. Connecting from another wallet or using an on-ramp does not turn the exchange into a deployment on every funding network. Smart-wallet gas sponsorship is a workflow feature, not a different settlement chain.
Supporting sources 2
Where it stands out
- A common USDC margin account simplifies comparisons between crypto and traditional-asset positions without introducing a different settlement currency for every market.
- TWAP, scaled orders and partial take-profit or stop-loss controls give traders more ways to manage entries and exits.
- Base settlement and documented wallet options make the network and transaction workflow explicit, including the difference between gasless smart-wallet actions and ordinary wallet transactions.
What you can do
- 01Standard perpetuals and Upside Perps have different economics. Upside Perps replace the usual entry/exit commission with a share of profitable outcomes and have their own order-type limits.
- 02Maker or taker classification depends on whether a trade improves or worsens the market’s exposure imbalance, rather than simply whether a limit order was used.
- 03Equity and index markets follow the documented trading sessions. Holding costs can continue while execution is closed, and positions can face a gap when trading resumes.
- 04The public-access launch removed the earlier invitation requirement. Product releases and active competitions should be checked under the current Veranta name.
Who’s behind it
The documentation identifies the Veranta Foundation as the organization responsible for the protocol and describes a contributor group and service providers. Funding announcements concern the development business, historically Avantis, rather than implying that investors guarantee the trading vault or user balances.
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Funding and investors
The company disclosed $12M across a $4M seed and an $8M Series A. The seed recap says the round closed in June 2023. The Series A was announced in June 2025 but had closed in mid-2024; those dates should not be treated as two separate raises.
Supporting sources 2
- 2023-12-31$4M
Seed recap; closed June 2023
Reported investorsPantera Capital · Founders Fund · Galaxy Digital · Base Ecosystem Fund
The year-end primary recap names these backers and the June closing. It is a recap date, not the original funding-announcement date.
Supporting sources 1
- 2025-06-03$8M
Series A
Reported investorsFounders Fund · Pantera Capital · Symbolic Capital · SALT Fund · Flowdesk
Co-led by Founders Fund and Pantera; announced June 2025 after closing in mid-2024 under the Avantis brand.
Supporting sources 1
Referral benefits and conditions
A guaranteed new-user bonus or defined invitee fee discount is not confirmed in the reviewed referral rules.
The documented 5% rebate is paid to the referrer. General wording about discounts does not establish a specific benefit for an ArbuzDAO invitee. Keep the standard official link until a referral code and its actual user terms are supplied.
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Fees & availability
Fees and costs
RWA markets currently advertise zero entry/exit commission in growth mode; spreads and holding costs still apply. The published crypto fee pages disagree on maker/taker figures, so no single precise crypto rate is asserted here: use the live quote. Upside Perps use a separate profit-sharing schedule rather than ordinary commission pricing.
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Eligibility and availability
Vault liquidity can lose principal, and synthetic assets do not imply endorsement by their issuers. Trading-session closures, funding, borrowing and liquidation terms affect the cost and risk of positions. Contract parameters take precedence if documentation is stale; geographical and account eligibility should be checked in the current terms.