Two rising giants in the perp DEX arena are battling head-to-head — but with very different strategies.

Who’s winning the leverage war? Let’s break it down.

◢ Overview

AsterDEX ( ASTER )

• Born from the merger of Astherus & APX Finance (2024).

• Runs on BNB, Ethereum, Solana, Arbitrum; building its own L1.

• Backed by Binance Labs (YZi Labs), with strong ties to CZ.

Avantis ( AVNT )

• Mainnet launched Feb 2024 on Base (Coinbase L2).

• Building a “universal leverage layer” for crypto + RWA.

• Investors include Coinbase Ventures, Pantera, Founders Fund, Galaxy Digital.

◢ Products & Features

AsterDEX

• Simple Mode: leverage 1001x BTC, 250x ETH, 200x Forex, 50x Equities.

• Pro Mode: orderbook + advanced orders (limit, stop, trailing, grid).

• Products: perps (crypto, forex, equities), Aster Earn (yield tokens, interest-bearing stablecoins).

• MEV-free + hidden orders, cross-chain trading without bridges.

Avantis

• Perps for crypto + RWA (forex, gold, oil, indices) up to 500x.

• Fee model: zero-fee perps (PnL-based) + fixed-fee perps.

• Unique mechanics: Loss Rebates, Positive Slippage, Zero-Fee Leverage.

• USDC vault with tranches (Junior/Senior), ~20% APR.

• On-chain RWA + dev SDK, hard stop-loss / take-profit guarantees.

◢ Liquidity & Tokenomics

Aster ( ASTER )

• Supply: 8B

• Allocation: 53.5% airdrop, 30% ecosystem, 7% treasury, 5% team, 4.5% liquidity.

• Value accrual: trading fees + funding → buyback, burn, staking.

• Liquidity: ALP pool with cross-margin across BTC, BNB, USDT, etc.

Avantis ( AVNT )

• Supply: 1B (ERC-20 on Base).

• Allocation: 50.1% community (12.5% airdrop, 28.6% incentives, 9% builders), 26.6% investors, 13.3% team, 4% strategic, 6% liquidity.

• Value accrual: 60% fees → LPs, 40% treasury (burn, incentives, growth).

• Liquidity: USDC vault (Junior/Senior tranches).

◢ Performance & Metrics

AsterDEX

• 2M+ users, $500B+ volume.

• ~$1B TVL, ~$260M OI.

• Token $ASTER: surged 2000%+ post-TGE, peak ~$1.95.

Avantis

• 41k traders, 25k LPs.

• $22B cumulative volume, $61B annualized, $25M OI.

• TVL ~$16.8M.

• Token $AVNT: 10x post-listing, ~$500M market cap, $1.5B+ 24h launch volume.

◢ Conclusion

• AsterDEX fits risk-tolerant traders chasing max leverage & variety.

• Avantis suits investors seeking RWA exposure, structured risk, and sustainable governance.

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➤ So, which side are you on: Aster or Avantis?

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$ASTER

$AVNT

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