ChainCatcher news, according to CoinDesk, the cryptocurrency trading platform Avantis has launched a perpetual contract decentralized exchange (DEX) on the Base network.

Avantis reportedly attracted more than $5 billion in transaction volume from 50,000 wallets during its two-month testnet run. The platform is one of the first trading protocols to launch on Base, a second-layer network powered by Coinbase, offering up to 75x leverage trading.