💠 Avantis ( $AVNT): Building DeFi's Universal Leverage Layer Avantis is a derivatives exchange on Base, aiming to become the universal leverage layer for both crypto and real-world assets (RWAs). By combining perpetual trading with tokenized RWAs such as commodities, forex, and indices, Avantis positions itself at the intersection of two of DeFi's strongest narratives, on-chain derivatives and RWA tokenization. The project shows clear early traction, with TVL surpassing $118M and annualized fees at $47.7M, reflecting robust user adoption and revenue growth. Active users have climbed to over 2,000 daily, while cumulative trading volume exceeds $43B, a strong signal of product-market fit within the Base ecosystem. Backed by Pantera Capital, Founders Fund, and Galaxy Digital, Avantis also benefits from a highly credible leadership team with backgrounds in crypto VC, quantitative finance, and large-scale trading systems. However, its tokenomics present a key risk, only 26% of supply is circulating, with a major unlock for investors and the team due in September 2026, creating a looming inflationary overhang. The core thesis for $AVNT is a race between growth and dilution: can revenue expansion and the upcoming buyback program outpace supply unlocks? If Avantis reaches its milestones, $200K+ in daily revenue to activate buybacks, it could establish a sustainable value flywheel and solidify its position as the premier leverage protocol on Base. $AVNT $BTC @EdgenTech