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Avantis Labs completes US$4 million in seed round financing, led by Pantera Capital
2023-09-26 12:44
Odaily News DeFi derivatives trading platform Avantis Labs completed a US$4 million seed round of financing. This round of financing was 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 Avantis, a perpetual contracts trading and market-making protocol. Avantis is being developed on Optimism Superchain, a chain network built using OP Stack and using the USDC stablecoin as collateral for its protocol transactions. (TechCrunch)
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