Avantis Labs has completed a $4 million seed round of financing, with Pantera Capital leading the investment.
BlockBeats reported on September 26th that Avantis Labs, a DeFi derivatives trading platform, has completed a $4 million seed round of funding. The round was led by Pantera Capital, with participation from Founders Fund, Base Ecosystem Fund under Coinbase, and Modular Capital.
The new funds will be used to develop Avantis, its flagship product, which is a perpetual contract trading and market-making protocol.