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TechFlow reports that perpetual swap exchange Avantis has launched trading on the Base mainnet. Instead of using funding rates to balance the market, Avantis offers guaranteed rebates to traders who take counter-position trades.
The protocol promises to reimburse part of the losses for those betting against a token when most others believe its price will surge, thereby mitigating risk to some extent.
Perpetual swap exchange Avantis has launched trading on the Base mainnet. Instead of using funding rates to balance the market, Avantis offers guaranteed rebates to traders who take counter positions. The protocol promises to reimburse part of the losses for those betting against a token when most others believe its price will surge, thereby mitigating risk to some extent.
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