Avantis is the largest perpetuals DEX specialized in real-world assets, while GMX is a permissionless onchain exchange offering up to 100x leverage on crypto assets. Their key difference lies in asset focus: Avantis targets RWA-based derivatives, whereas GMX centers on crypto-native perps. Avantis suits traders seeking diversified exposure to real-world markets, and GMX appeals to those wanting high-leverage crypto trading without intermediaries.
| Token Price | — | — |
| 24h Change | — | — |
| Market Cap | — | — |
| TVL | $22.5MDefiLlama | $180.3MDefiLlama |
| MCap Rank | #624 | #346 |
| Total Raised | $8.0M | — |
| Founded | 2023 | 2021 |
| Stage | — | — |
| X / Twitter | 103K | 223K |
| GitHub Stars | — | — |
| Chains | base | arbitrumavalanchebotanix |
| Tags | DeFi, Derivatives, Perp | Derivatives, DeFi, Perp |
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.
GMX is a leading permissionless onchain exchange that enables trading of over 70 assets with up to 100x leverage from self-custody wallets. It operates on Arbitrum, Avalanche, and Solana, and is expanding multichain access. The platform facilitates trading through isolated GM pools and capital-efficient GLV vaults, allowing anyone to provide liquidity and earn fees.

