Finance

$AVNT Hits New ATH at $1.5 After Triple Listings on Binance, Upbit, and Bithumb

3 hours ago
Bitcoin Ethereum News

Avantis ($AVNT) is stealing the spotlight. Just a week after launch, the token has exploded across major exchanges.

With listings on Binance, Upbit, and Bithumb, $AVNT surged to a fresh all-time high (ATH) of $1.5 , while trading volume ripped past $633M, according to CoinMarketCap.

The Base-native token is already trading like a heavyweight. The speed of growth has stunned both traders and analysts.

What is Avantis ($AVNT)?

Avantis is being pitched as the on-chain perpetuals exchange built on Base. Think of Hyperliquid, but redesigned to be far more accessible.

On Avantis, users can trade crypto, gold, FX, oil, equities, and even sports markets, all from one platform. No brokers. No middlemen. No settlement delays. It’s full decentralization applied to global trading.

The vision: a single, borderless exchange where almost everything can be traded seamlessly.

The Airdrop That Started It All

$AVNT made headlines with its 12.5% airdrop last week. Thousands of users cashed in, with some walking away with six-figure sums. But the event wasn’t without controversy.

Data from Bubblemaps revealed a suspicious pattern. One entity allegedly claimed $4M worth of $AVNT through a coordinated sybil attack.

The attack was spread across 300+ wallets, all funded and managed in eerily similar ways.

 How the Attack Played Out

Investigators flagged a repeating cycle:

  •  Wallets funded directly from Coinbase
  •  USDC moved in from a small group of connected addresses
  •  Tokens swapped on Avantis
  •  Airdrop claimed simultaneously
  •  Tokens consolidated into a few addresses
  •  Funds pushed onto Bybit and Gate at the same time
  • The flow was too precise to be random.

In fact, these wallets had been completely dormant until $AVNT went live. The activity mirrored patterns seen in previous sybil exploits, such as with $MYX.

The sybil attack doesn’t appear to have slowed momentum. If anything, the attention may have amplified Avantis’ debut. Traders seem more focused on the triple exchange listings and massive liquidity surge than on the controversy.

Still, the incident highlights a recurring issue: airdrops remain a prime target for coordinated exploits. Despite advanced tracking tools and anti-sybil filters, whales continue to find ways around them.

AVNT Market Snapshot

  •  Price (ATH): $1.19 ($1.5)
  •  24h Volume: $633M
  •  Exchanges: Binance, Upbit, Bithumb (plus Bybit, Gate)
  •  Launch: Last week on Base
  •  Category: On-chain perpetuals (cross-asset trading)

Why Avantis Surge Matters

Avantis isn’t just another Base-native protocol. It’s trying to build a universal marketplace, something that goes beyond crypto. With decentralized access to commodities, stocks, and even sports markets, it blurs the line between DeFi and TradFi.

The triple listing gave $AVNT the kind of visibility most projects never achieve in their first year. And with volume already over half a billion dollars, traders are treating Avantis as more than just a speculative play.

But the airdrop drama shows how fragile early token launches can be. If Avantis wants to sustain momentum, it will need to prove it can secure its platform against sybil-style exploits while scaling access to its ambitious trading suite.

Avantis has arrived fast, maybe too fast. In just a week, it went from a stealth Base project to trading at scale across global exchanges. The token now backed by explosive trading volume and aggressive listings.

Yet, the airdrop controversy lingers. The $4M sybil grab casts a shadow over what should have been a flawless debut.

For traders, the signal is clear: $AVNT is now on the map, and its rise is reshaping expectations of what Base-native protocols can achieve.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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Source: https://nulltx.com/avnt-hits-new-ath-at-1-5-after-triple-listings-on-binance-upbit-and-bithumb/