- AVAN+85Positive
Avantis (@avantisfi)
Announcing $100M+ in new FX and Metals liquidity. We're excited to announce our new RWA roadmap, starting with Phase 1A: a $100M+ liquidity increase for the world's most actively traded FX and precious metals. Background Foreign exchange is the largest market on Earth, with roughly $7.5 trillion trades every single day (with top 7 FX pairs trading 90%+ of this volumes). Gold and silver have been money for five thousand years. And yet, until now, you basically could not trade either of them with serious size and capital efficiency onchain. This is because most perpetuals exchanges are forcing native liquidity and price discovery on orderbooks, rather than connecting DeFi directly to tradfi liquidity. That changes today. We're rolling out more than $100M of new OI capacity across FX and precious metals, starting with the seven deepest FX majors (USD/JPY, EUR/USD, GBP/USD, USD/CAD, USD/CHF, AUD/USD, NZD/USD) and the two core metals (XAU, XAG), with $50M+ added to USD/JPY alone. With this release, Avantis is the cheapest, most liquid, and most capital efficient venue to trade FX and precious metals onchain. Avantis RWAs: Our hybrid engine Avantis is a hybrid CFD/perps exchange. Real-world assets trade CFD-style; crypto trades as perps: one unified USDC vault, one risk engine. That makes us an all-weather exchange: when crypto is dead, you trade the dollar, gold, or oil; when it rips, you're already here. On top sits our synthetic vAMM and oracle-based pricing (verifiable Pyth Pro + Chainlink feeds), so trades never move the market, prices come from independent feeds, and there's no order book to manipulate or broker to quote against you. And the liquidity is real, not synthetic: we've onboarded market makers who now hedge our FX and metals flow on deep institutional venues like LMAX and IBKR. That's why we can hold a $50M open-interest cap on USD/JPY and clear a $25M clip in a single shot. FX: The most liquid and capital efficient venue for top 7 FX pairs. The result, for the top 7 FX majors: $100M+ overall liquidity, zero fixed spread, 2bps to open and zero to close. For ZFP mode, there is zero holding fees + up to 500x leverage. It's a CFD provider's liquidity and leverage, except nobody is on the other side of your trade hoping you lose. For example, on USDJPY (Dollar Yen) alone, you can trade a $20M single market clip with <2bps of slippage. Metals: just as competitive The same engine powers precious metals. Gold now carries a $30M OI cap with zero fixed spread (vs. ~1bps + taker fee elsewhere), clearing a $15M clip at under 3bps, at up to 200x in zero-fee mode. Silver gets a meaningfully tighter spread profile and a $20M cap. Gold and silver are the perfect onchain assets: globally demanded, volatile enough to trade, and often inaccessible to the very people who want leveraged exposure most. ZFP: The scalper's edge (pay only if you win) Avantis is the only exchange built for scalpers: With up to 500x leverage and zero-fees (taker or holding), scalpers are able to hold trades for as short as a couple of seconds to potentially an infinite duration. No opening fee, no closing fee, no borrow fee. You pay a small share of profit only if you win (as little as 2.5% of gross PnL; traders keep 85%+ on average). For a scalper this is the whole game: zero holding cost means your position never decays, zero fixed fees mean small moves stay profitable, and you stop paying to lose. Head-to-Head: Avantis vs Hyperliquid vs Lighter (for USDJPY and Gold) Avantis is built for size traders, looking to scale into market positions ASAP, with zero friction, minimal slippage and high capital efficiency. We put a live $1M market order for USDJPY (Dollar Yen) and XAUUSD (Gold) on Hyperliquid and Lighter as a way to test how meaningful this upgrade is - and the results are not surprising. TL;DR - Avantis is 7x-17x cheaper than Lighter and Hyperliquid for USDJPY and Gold, and anywhere from 4-10x more capital efficient than both venues. Onchain orderbooks are simply not built for liquid RWA traders, who want to trade large clips without incurring exorbitant slippage. Fig I. USD-JPY ($1M market clip): Avantis vs Lighter vs Hyperliquid. Fig II. XAU-USD ($1M market clip): Avantis vs Lighter vs Hyperliquid. RWA Roadmap: Phase 1A We have a three phase approach towards improving RWA liquidity, listings and access: Phase 1A (Live): $100M+ liquidity increase for FX and Metals. Phase 1B: Same exact upgrade for blue chip commodities (WTI + Brent), Indices (US100, US500), and single name equities. ETA ~ 4 weeks. Phase 2: Avantis V2 - a fundamentally new way to trade 24/7, with advanced trading features, Upside Perps (scalping), and industry-leading spreads across @baseapp, mobile, desktop and IOS / Android native apps. Currently in audits, and launching on August 12th, 2026. Stay tuned - this is just the beginning of the Avantis RWA story.