Avantis (Veranta)
Avantis, now documented as Veranta, is a USDC-margined perpetuals exchange on Base for crypto, forex, commodities, indices and equities. Crypto majors pay a 0.045% taker commission, and real-world asset markets are commission-free while in growth mode.
Cost: Crypto majors pay a taker commission of 0.045% on open and on close, with a lower maker rate for trades that improve open-interest balance. Forex, commodities, indices and equities charge no commission in growth mode. Funding, borrow and spread still apply. A $1,000 buy-and-sell costs about $0.90 in Avantis fees.
Checked 2026-10-17 · sources below- Round trip fee
- 0.09% buy + sell, platform fee
- $1,000 buy + sell
- $0.90 before network + pool fees
- US availability
- Unverified UK: unverified · EU: unverified
- Custody
- non-custodial
- KYC
- unknown
- Platforms
- web
- Launched
- —
Users paid Avantis about $611K in fees in the 30 days to 2026-10-17 (DefiLlama) — a rough measure of how much it is actually used.
Best for: Traders who want crypto, forex, commodities and US or Korean equity exposure from one USDC balance on Base.
Avantis fees
| Fee | Type | Rate | Applies to | Note |
|---|---|---|---|---|
| Crypto taker commission | platform | 0.045% | Buy and sell | 4.5 bps charged on open and again on close for trades that add to the heavier side of the market. |
| Crypto maker commission | platform | — | Buy and sell | The maker page states 0.001% but the fee schedule table gives 1 bp with the labels reversed, so the maker rate is unconfirmed. |
| Real-world asset commission | platform | 0% | Buy and sell | Zero maker and taker fee on forex, commodities, indices and equities while in growth mode; the team may end it. |
| Funding and borrow (net rate) | protocol | — | Buy and sell | Accrues while a position is open; rates vary by market. |
| Spread | spread | — | Buy and sell | Applied on notional and asset liquidity; for RWAs it passes through institutional venue spreads. |
Perps: taker 0.045%, maker — — Crypto majors. Upside Perps skip the commission and charge a share of profit on winning closes only.
Platform fees only. On-chain network/priority fees, pool (LP) fees and price impact are extra and vary by trade.
Is Avantis legit?
Veranta's legal page says it is non-custodial and that users keep their own keys. Trading is gasless: the platform sponsors gas.
We found no reported hacks or fund losses in the sources we checked. That is not a guarantee.
Where Avantis is available
| Region | Status |
|---|---|
| United States | Unverified |
| United Kingdom | Unverified |
| European Union | Unverified |
Usage is subject to platform terms (veranta.xyz/docs/tos), which could not be retrieved, so jurisdiction limits are unverified. (source)
We report what the venue's own terms say. Don't use a VPN to get around restrictions; venues can freeze accounts that do.
Pros and cons
Pros
- Zero maker and taker commission on real-world asset markets while in growth mode.
- Gasless trading: the platform submits orders and sponsors gas.
- Upside Perps take no upfront fee and charge only on winning closes, per the docs.
- Contracts audited by Zellic and Sherlock for the v1.5 deployment.
Cons
- Docs disagree on the maker rate (0.001% on one page, a swapped 1 bp figure in the table).
- The zero-fee RWA period is temporary and the team has not set an end date.
- Three v2 audit reports (Guardian, Sherlock, Zellic) were still marked as coming at the time of the check.
- Terms and geographic limits could not be retrieved.
Features
perpsupside perpsforexequitiescommoditiesindicesgasless tradingtwap orderslp vaultapistaking discounts
Alternatives to Avantis
Lighter
Non-US, non-UK retail perps traders who want zero trading fees and can accept slower taker execution than paid accounts.
0%Round trip
Paradex
Non-US traders who place orders manually through a web UI and want zero-fee perps plus options from one margin account.
0%Round trip
Ostium
Traders who want onchain leveraged exposure to stocks, forex, commodities and indices from a self-custodied wallet, outside the US.
0.06%Round trip
Aster
Non-US, non-UK traders who want zero maker fees on order-book perps, very high leverage modes, or privacy-shielded orders.
0.08%Round trip
Where Avantis ranks
- #6 in Lowest-fee perp DEXesof 10
- #8 in Best perp DEXesof 10
Avantis FAQ
Is Avantis legit?
Avantis, now called Veranta, is a Base perps exchange with contracts audited by Zellic and Sherlock for v1.5. Its docs say v2 shipped in August 2026 with audit reports from three firms still to be added. DefiLlama tracks about $611K in 30-day fees as of 2026-10-17.
Is Avantis the same as Veranta?
Yes. The docs site, token page and DefiLlama listing now use the Veranta name, and the repository links still reference Avantis Labs. Searches for Avantis lead to the same exchange.
What are Avantis fees?
Crypto majors pay a 0.045% taker commission on open and close. Forex, commodities, indices and equities are commission-free in growth mode. Funding, borrow cost and spread apply on top.
Which chain is Avantis on?
Base. Collateral is USDC, which is native on Base, and every position is isolated margin with maximum loss capped at the collateral posted.
Sources
Last checked . Fees and terms change often; the venue's own page wins if it disagrees with ours.
- Veranta Docs: Fee Schedule by Asset Class — checked 2026-10-17
- Veranta Docs: Maker and Taker — checked 2026-10-17
- Veranta Docs: Fees — checked 2026-10-17
- Veranta Docs: Referrals — checked 2026-10-17
- Veranta Docs: Home — checked 2026-10-17
- Veranta Docs: Legal — checked 2026-10-17
- Veranta Docs: Audits — checked 2026-10-17
- Veranta Docs: Collateral and Position Sizing — checked 2026-10-17
- DefiLlama Avantis (Veranta) fees — checked 2026-10-17