Coinbase-Backed Avantis (AVNT) Skyrockets Another 35%—Here’s What’s Fueling the Rally

Avantis defies market gravity with another explosive surge—backed by Coinbase's heavyweight endorsement.

The institutional effect hits crypto

Coinbase doesn't just slap its name on anything—well, mostly. When the exchange giant backs a project like Avantis, traders take notice. The 35% pump isn't just retail FOMO; it's smart money positioning ahead of what insiders whisper could be a paradigm shift in synthetic assets.

Real utility meets speculative frenzy

Avantis isn't just another token with a fancy website. Its oracle-free derivatives platform actually solves something—liquidity fragmentation. Traders flock to protocols that don't rely on centralized data feeds, especially when traditional finance keeps fumbling with blockchain integration like a boomer trying to right-click.

Timing beats everything

The surge coincides with regulatory clarity whispers—because nothing pumps a coin like the faint hope that regulators might finally stop pretending crypto is a fringe hobby. Meanwhile, Wall Street still can't decide whether to ban DeFi or try to own it.

Avantis proves that in crypto, real innovation still gets rewarded—even if half the buyers couldn't explain the protocol if their ledger depended on it.

TLDR

• AVNT surged 35% after listings on South Korea’s Upbit and Bithumb on September 15.
• AVNT is now up over 200% in one week following listings on Coinbase, Binance, and Bybit.
• AVNT futures open interest hit $151M, rising 105% in 24 hours across major exchanges.
• Trading volume for AVNT rose 47% in 24 hours, reaching a daily high of $1.11.

Avantis (AVNT), the native token of the Avantis decentralized exchange, ROSE over 35% on Monday. The rally follows its listing on major South Korean exchanges Upbit and Bithumb, pushing the token’s weekly gains past 200%.

The token, backed by Coinbase and Pantera Capital, has also seen rapid growth in futures trading, with open interest reaching new highs.

AVNT Listed on Upbit and Bithumb

On September 15, South Korea’s largest crypto exchange, Upbit, listed the AVNT token. AVNT is now available for trading in KRW, BTC, and USDT pairs. The exchange also confirmed that deposits and withdrawals are only supported through the Base network.

Soon after, Bithumb, South Korea’s second-largest exchange, announced its own AVNT listing. The exchange added the token in the KRW trading pair and made it available for immediate trading. This MOVE added to the growing accessibility of the token in Asia.

These listings follow earlier support from global exchanges including Coinbase, Binance, and Bybit. The recent announcements contributed to a sharp increase in trading activity and investor interest, especially in the Korean market.

Price and Volume Surge After Exchange Support

Following the listings on Upbit and Bithumb, AVNT climbed to $1.07 at the time of reporting. This marks an increase of more than 40% in the past 24 hours. The daily low and high stood at $0.7305 and $1.11, respectively.

The token has gained more than 200% in the last week. According to trading data, its 24-hour trading volume increased by 47%, reflecting strong buying interest. This demand may be linked to rising interest in real-world asset (RWA) trading and tokenization, which is at the Core of the Avantis platform.

The rising volume also signals increased retail and institutional attention, especially as more exchanges list the token and allow KRW trading.

AVNT Futures Open Interest Crosses $150 Million

Alongside spot price gains, AVNT has seen sharp growth in the derivatives market. According to Coinglass data, AVNT futures open interest across all major crypto exchanges rose to nearly $151 million. This marks a 105% increase within the past 24 hours.

Binance, Bybit, and KuCoin each saw large jumps in open interest. Futures positions rose 105% on Binance, 98% on Bybit, and 113% on KuCoin during the same period. These figures show that traders are actively taking positions on AVNT, possibly due to short-term volatility and price swings.

The growth in open interest often indicates increased trader participation and confidence in liquidity. AVNT’s futures market expansion has coincided with its wider market exposure.

Avantis Leverages Tokenization and Perpetual Trading Model

Avantis is built on the Base network and focuses on crypto and RWA perpetual trading. It allows users to trade with leverage of up to 500x and zero trading fees. The platform positions itself as a “universal leverage layer” across tokenized markets.

The rise in AVNT’s price comes as interest in tokenization continues to grow. Market participants are looking at ways to trade both crypto assets and real-world assets with greater efficiency. Coinbase and Pantera Capital are among the early backers of the platform.

The combined support from global and Korean exchanges has helped raise the visibility of AVNT. As trading access increases, the platform may continue to see more participation, especially from traders looking for high-leverage opportunities.