Avantis

Avantis is a decentralized leverage trading protocol on the Base blockchain, offering up to 100x leverage on crypto and forex synthetics.

## Executive Summary Avantis is a decentralized synthetic derivatives protocol operating on the Base blockchain, an Ethereum Layer 2 solution developed by Coinbase. The platform provides a permissionless and non-custodial environment for traders to speculate on the price movements of both cryptocurrencies and traditional foreign exchange (forex) pairs with up to 100x leverage. By using a synthetic model, Avantis allows users to gain exposure to these assets without holding them directly. Instead, all trades are collateralized by USDC and executed against a central liquidity pool, which is also