Avantis, a decentralized finance platform for on-chain leveraged trading built on Base, today announced plans to distribute 40 million AVNT tokens as rewards over the next five months as part of its Season 3 program.
The distribution will target XP holders, users who have accumulated Experience Points through trading activities on the platform.
AVNT launched in 2025 following the platform’s token generation event, quickly gaining listings on major exchanges including Coinbase and Binance. The token reached a market capitalization of approximately $579 million.
The platform has emerged as a major derivatives DEX on Base, integrating real-world asset trading alongside traditional crypto derivatives. Users earn XP through various activities including trading and market-making.