Avantis is a derivatives platform focused on smart perpetuals trading with built-in risk management features. Synthetix is a permissionless derivatives liquidity protocol that enables the creation and trading of synthetic assets. Avantis suits traders seeking advanced risk controls, while Synthetix is ideal for users wanting open access to a wide range of synthetic assets.
| Token Price | — | — |
| 24h Change | — | — |
| Market Cap | — | — |
| TVL | $22.5MDefiLlama | $897.4KDefiLlama |
| MCap Rank | #624 | #212 |
| Total Raised | $8.0M | $20.0M |
| Founded | 2023 | 2017 |
| Stage | — | — |
| X / Twitter | 103K | 259K |
| GitHub Stars | — | — |
| Chains | base | arbitrumavalanchebase |
| Tags | DeFi, Derivatives, Perp | Derivatives, DeFi, Synthetic Assets |
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.
Synthetix is a decentralized perpetual futures protocol on Ethereum Mainnet that uses a hybrid off-chain order matching and on-chain settlement design to deliver CEX-like performance with on-chain security. It enables trading of synthetic assets and perpetual futures, with liquidity provided by staked SNX collateral and the Synthetix Liquidity Provider vault. The protocol powers permissionless derivatives across multiple EVM chains.