Avantis is a derivatives platform focused on smart perpetuals with built-in risk management features, while dYdX is a leading decentralized derivatives exchange known for its liquidity and established infrastructure. The key difference is Avantis' emphasis on risk tools compared to dYdX's broader ecosystem and market depth. Avantis suits traders seeking enhanced risk controls, whereas dYdX is better for those who prioritize a proven, liquid trading environment.
| Token Price | — | — |
| 24h Change | — | — |
| Market Cap | — | — |
| TVL | $22.5MDefiLlama | $83.7MDefiLlama |
| MCap Rank | #624 | #1791 |
| Total Raised | $8.0M | $85.0M |
| Founded | 2023 | 2017 |
| Stage | — | — |
| X / Twitter | 103K | 39K |
| GitHub Stars | — | 329 |
| Chains | base | cosmosdydxethereum |
| Tags | DeFi, Derivatives, Perp | Derivatives, DeFi, Appchain |
Avantis is a decentralized perpetuals exchange on Base that enables leveraged trading of crypto and real-world assets (FX, commodities, indices, equities) with up to 500x leverage, featuring zero-fee perpetuals. Backed by Pantera Capital and Coinbase, it has surpassed $20B in cumulative volume and is the largest DEX on Base by volume.
dYdX is a decentralized exchange (DEX) specializing in derivatives and perpetuals trading. Built on its own CosmosSDK-based blockchain, it offers non-custodial trading with community governance and validator security. The platform is a key player in the DeFi derivatives space, backed by the Paradigm portfolio.