Gate News bot message, according to the Gate announcement on September 8, 2025:
Gate will launch the first listing of Avantis( AVNT) spot trading. The AVNT/USDT trading pair will open for trading on September 9, 2025, at 22:00 UTC+8. At the same time, the platform will initiate the 293rd HODLer Airdrop, airdropping 125,000 AVNT tokens to GT holders.
Avantis is the largest derivatives exchange on the Base platform and the largest decentralized exchange for trading and providing liquidity for real-world assets (RWAs). The project has received institutional investments from Pantera and Founders Fund, completing two rounds of financing totaling $12 million. The total supply of AVNT tokens is 1 billion, issued on the BASE network.
The project's token distribution plan shows that 12.5% of the airdrop will be fully unlocked at TGE, 28.6% for community on-chain incentives will be unlocked linearly over 42 months, and 26.61% for seed round and Series A investors will require a 12-month lock-up followed by a 30-month linear unlock.
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