Avantis Labs has secured $4 million in funding during its seed round, with Pantera Capital leading the investment. Several other prominent names in the crypto investment space joined this funding round, including Founders Fund, Coinbase’s Base Ecosystem Fund, and Modular Capital.
Avantis Labs is a technology company that operates in both the decentralized finance (DeFi) and secure communication sectors. Avantis Labs is a leading Swiss vendor specializing in secure communication and collaboration solutions for mobile and desktop devices.
Operating in multiple industries, the company is focused on developing innovative solutions for complex problems.
Avantis Labs is on a mission to redefine the landscape of forex and commodities trading by leveraging blockchain technology. Unlike traditional approaches that require tokenization, Avantis aims to enable hedging and trading of these assets on-chain seamlessly.
The Avantis platform is under development on the Optimism Superchain and utilizes USDC as collateral for its protocol transactions.
Futures, Forex and DeFi
According to the company, while perpetual futures have emerged as a pivotal innovation in crypto-native trading, it aims to address some of the existing challenges within this space.
Despite their popularity, DeFi perpetual trading volumes lag behind their centralized counterparts due to challenges related to fees, user interface design, and architectural decisions. Avantis intends to close this gap and elevate the DeFi derivatives landscape.
Additionally, it noted that “despite the immense popularity of perpetuals for crypto-native assets, they have barely touched some of the largest real-world asset classes: forex & commodities.”
Hence, Avantis aims to expand the concept of “composable market-making” while introducing leveraged trading to the world of cryptocurrencies and real-world assets.
The platform also strives to offer a distinctive experience for liquidity providers in the realm of decentralized finance derivatives.
Avantis enables LPs to transparently display their profit or loss to traders, fostering loyalty and enticing a broader array of funds. Its objective is to serve as a comprehensive destination for a variety of margin-related products.
