Is Avantis (Veranta) custodial? Who holds your funds?
No. Avantis is listed as non-custodial: your funds stay in a wallet you control, not with the venue.
Checked 2026-10-17 · 3 sources- Veranta's legal page says it is non-custodial and that users keep their own keys. Trading is gasless: the platform sponsors gas.
- Non-custodial does not mean risk-free. Smart-contract bugs, phishing and malicious approvals can still lose funds.
Sources: Veranta Docs: Fee Schedule by Asset Class · Veranta Docs: Maker and Taker · Veranta Docs: Fees. The venue's own page wins if it disagrees with ours.
Avantis
Perp DEX · 0.09% round trip. 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.
Full Avantis sheet: fees, custody, incidents →