According to official sources, Avantis, a perpetual contract DEX on the blockchain, has announced the launch of its public test network. In September, DeFi derivative trading platform Avantis Labs completed a $4 million seed round of financing, led by Pantera Capital, with participation from Founders Fund, Coinbase's Base ecosystem fund, and Modular Capital. The new funds will be used to develop its flagship product, perpetual contract trading and market-making protocol Avantis. Avantis is being developed on the Optimism Superchain, a chain network built using the OP Stack and using USDC stablecoin as collateral for its protocol transactions.
Welcome Back
Click “Sign in” to agree to Cointime’s Terms of Service and acknowledge that Cointime’s Privacy Policy applies to you.
Join CoinTime
Already have an account?
Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
Sign in with email
Sign up with email
Your email
Check your inbox
Click the link we sent to to sign in.
Click the link we sent to to sign up.
On-chain perpetual contract DEX Avantis launches public testnet
-
Wechat scan to share
-
Wechat scan to share
-
Wechat scan to share
-
Wechat scan to share
-
Wechat scan to share
-
Wechat scan to share
-
Wechat scan to share
-
Wechat scan to share
-
Wechat scan to share
Recommended for you
-
Binance CEO: Adoption by institutional investors will strengthen Bitcoin’s “digital gold” and hedging attributes
On May 12th, Binance CEO Richard Teng stated in a post on X platform: "Against the backdrop of global economic uncertainty, Bitcoin remains the flagship cryptocurrency asset and a resilient store of value. With the adoption of institutional investors, it is expected that Bitcoin will play a more important role as a hedge tool and digital gold in diversified investment portfolios." -
Tokyo-listed Beat Holdings raises Bitcoin ETF investment limit from $6.8 million to $34 million
On May 12th, Tokyo-listed company Beat Holdings announced that it will increase the upper limit of its Bitcoin-related investments from $6.8 million to $34 million. The company has purchased 131,230 units of BlackRock's iShares Bitcoin Trust (IBIT) at an average purchase price of $49.49 per unit. As of May 9th, the unrealized gain on the holdings has exceeded $681,000. To support further investments, Beat Holdings has withdrawn $2.8 million from its revolving credit line, with an expected interest of approximately $150,000 generated within the year. -
Bloomberg: G7 may discuss threats related to North Korea-backed crypto attacks in June
According to Bloomberg, citing sources familiar with the matter, G7 leaders may discuss the escalating threat of North Korea-supported cyber attacks and cryptocurrency theft activities at next month's summit in Canada. The sources said that North Korea's funding of its regime through cybercrime has raised "serious alarms" - White House officials previously disclosed that North Korea is financing its military weapons program through cryptocurrency looting. -
U.S. Treasury Secretary Benson: Expect first quarter GDP data to be revised upward
US Treasury Secretary Besent: It is expected that the GDP data for the first quarter will be revised upwards. -
Trump: I don't expect a third term as president
President Trump said, "I do not look forward to a third term as president." -
BTC falls below $95,500
the market shows that BTC has fallen below $95,500, now trading at $95,494.83, with a 24-hour decline of 0.63%. The market fluctuates greatly, so please be prepared for risk control. -
BTC breaks through $97,000
the market shows BTC breaking through $97,000, now trading at $97,011.43, with a 24-hour increase of 0.85%. The market is volatile, please manage risks. -
BTC breaks through $96,000
the market shows that BTC has broken through $96,000 and is now trading at $96,014.98, with a 24-hour increase of 1.15%. The market fluctuates greatly, so please manage your risks well. -
Binance Wallet’s New TGE B² Network is Now Available for Investment
according to official page data, Binance Wallet's new TGE B² Network is now open for investment, with an end time of 18:00 (UTC+8). The participation threshold for this TGE is that Alpha points must reach 82 points. -
DeFi TVL exceeds $95 billion again
According to defillama data, as of May 18, 2024, the total value locked (TVL) in DeFi has once again surpassed $95 billion. It is currently reported at $95.069 billion, an increase of nearly $12 billion from the low point of $83.04 billion 35 days ago. Among the top five protocols in terms of TVL, Eigenlayer has the highest 30-day increase, with TVL rising by 19.67% to a total of $15.455 billion.
Daily Must-Read
-
IRS' Crypto Leads Are Leaving the Agency After Accepting DOGE Deals
-
Paul Atkins, nominated by Trump, has been sworn in as SEC chair
-
Ethereum crashed in Q1. Could May’s Pectra upgrade bring it back?
-
Contrarian Take: How Stablecoins' Disruption of Money Creation Stands in its way to Mass Adoption
-
Atkins Confirmed By U.S. Senate to Take Over SEC Formerly Run by Gensler
-
Time to move on: CT breakup guide
All Comments