- Coinbase lists Avantis for spot trading soon.
- Avantis enables decentralized governance.
- Launch saw $200M in daily volume.
Coinbase has announced Avantis (AVNT) for spot trading, pending liquidity conditions in supported regions. Avantis, a DAO platform token, facilitates decentralized governance with daily trading volume reaching $200M and a market cap of $50M.
Coinbase has officially announced its intention to list Avantis (AVNT) for spot trading. The availability is contingent upon liquidity conditions and is expected to become active in supported regions soon.
Avantis is a token associated with a DAO platform that facilitates decentralized governance and treasury management. The platform was developed in partnership with Jesse Pollak, creator of the Base blockchain.
“The engine powering universal leverage has arrived. Whether you’re claiming, staking, or trading – this is where the next chapter begins.” – Jesse Pollak, Creator of Base Blockchain, Coinbase
The listing is anticipated to direct significant capital flows into Base ecosystem tokens such as ETH, BTC, and ZORA. Avantis’s launch recorded a daily trading volume of approximately $200 million.
Coinbase has positioned the listing to comply with U.S. regulatory frameworks while explicitly labeling AVNT as not a security. This alignment enhances its appeal to a broader investor base.
No explicit new funding rounds have been linked to this listing, despite strong trading volume at launch. Market capitalization for AVNT settled at $50 million, raising expectations in the market.
Analysts suggest that like previous Base chain token launches such as Zora, Avantis could attract considerable institutional and retail interest, impacting related DeFi protocols significantly.
About the author
Coinbase Announces Spot Trading for Avantis Token
Coinbase to list Avantis (AVNT) for spot trading, pending liquidity conditions in supported regions.
Asset Entities and Strive Merge to Form Bitcoin-Focused Firm
Asset Entities merges with Strive to form Strive, Inc., focusing on Bitcoin treasury plans worth $1.5 billion.
Ethena’s USDH Stablecoin Proposal Gains Institutional Backing
Ethena submits a proposal for USDH stablecoin with backing from BlackRock, Anchorage, promising $75-150M in incentives.
Pi Network Whale Accumulates 371 Million Tokens
Large Pi Network whale accumulates 371 million PI, fueling speculation on potential price surge to $1.
CoreWeave Ventures Launched for Early-Stage AI Startup Support
CoreWeave announces CoreWeave Ventures, focusing on early-stage AI startups with funding and resources.
Ethereum Slips Below Key Level, Whales Increase Activity
Ethereum experiences a decline below $4,300, examining its critical support levels amid heightened trading activity.
Related
Asset Entities and Strive Merge to Form Bitcoin-Focused Firm
Asset Entities merges with Strive to form Strive, Inc., focusing on Bitcoin treasury plans worth $1.5 billion.
Ethena’s USDH Stablecoin Proposal Gains Institutional Backing
Ethena submits a proposal for USDH stablecoin with backing from BlackRock, Anchorage, promising $75-150M in incentives.
BlockDAG Crosses $403M as Ethereum ETF Inflows & Binance Coin Rally Compete for Best Crypto to Invest In
Track Ethereum (ETH) analysis & Binance Coin (BNB) outlook, but BlockDAG’s $0.0013 presale, over $403M raised, & upcoming deployment event define the best crypto to buy.
Pi Network Whale Accumulates 371 Million Tokens
Large Pi Network whale accumulates 371 million PI, fueling speculation on potential price surge to $1.
LINK Price Analysis, DOGE Holds $0.21 & BlockDAG 300+ dApps Pre-Listing
Discover why Chainlink’s stalling as Dogecoin defends $0.21. Find out all about how BlockDAG has shocked the crypto space by building 300+ dApps before its first exchange listing.
CoreWeave Ventures Launched for Early-Stage AI Startup Support
CoreWeave announces CoreWeave Ventures, focusing on early-stage AI startups with funding and resources.
