Avantis Relaunches Oil Trading with Leverage on Base
Avantis Relaunches Oil Trading with Leverage on Base
🛢️ Oil Trading Returns
Avantis has reintroduced oil trading pairs on Base, featuring both WTI-USD and BRENT-USD with leverage capabilities.
- The platform now offers leveraged exposure to major oil benchmarks
- This follows a previous listing of USOIL on markets.xyz with 10x leverage in January
- Base continues expanding its global markets infrastructure
The move brings traditional commodity trading to the onchain ecosystem, allowing users to access oil market exposure through decentralized infrastructure.
Avantis brought back Oil (WTI-USD & BRENT-USD); now with leverage Global markets are on Base
Oil is back on Avantis: Trade WTI-USD and BRENT-USD, with up to 25x leverage. We've made several enhancements to WTI, including: - Increased liquidity ($30M). - Spread enhancements (best onchain spreads). - Improved futures feeds with roll adjustments. Learn more 👇
🏆 NYC Trading Arena: 16 Competitors Battle for $10K on Avantis Perps
**Live Trading Competition in NYC** Sixteen traders competed in a high-stakes perps trading tournament at a New York City internet cafe, with one team walking away with $10,000 cash. **Competition Format:** - Teams traded on [Avantis](https://avantisfi.com) perpetuals platform - Every 10 minutes, the lowest PnL team was eliminated - Event featured open bar and live audience - Organized by [Battle.fyi](https://battle.fyi) The event transformed a traditional internet cafe into a live trading arena, combining competitive trading with in-person entertainment.
Base Outlines Three-Pillar Strategy for Global Onchain Economy
Base has updated its mission to build a global economy accessible to everyone, centered on three core objectives: - **Be the home for builders** - Creating an environment that attracts and supports developers - **Create liquid markets for every asset & stablecoin** - Enabling trading infrastructure for all digital assets - **Upgrade the chain for markets, payments, and agents** - Enhancing the blockchain's capabilities across key use cases The strategy positions Base as infrastructure for a decentralized global economy, focusing on practical applications in trading, payments, and autonomous agents. The announcement emphasizes inclusivity with the tagline "the global economy belongs to all of us." This represents a clear articulation of Base's long-term vision beyond simply being an Ethereum Layer 2 network.
🏦 Ramp Launches Stablecoin Accounts on Base
Ramp has launched Stablecoin Accounts, enabling users to hold stablecoins, earn rewards, and make payments to vendors or employees in USDC directly on Base. **Key Features:** - Hold and manage stablecoins - Earn rewards on holdings - Pay vendors and employees in USDC - Built on Base for lower fees and faster transactions This follows Base's growing stablecoin ecosystem, which recently saw over $20 million earning 12.5% rates through Spark's Savings product, with $100+ million in available liquidity.
🏠 Base House Hosts 14 Hackers at ETH Denver
**Base House brought 14 hackers to ETH Denver**, creating opportunities for builders who might not otherwise afford conference attendance. The initiative stems from a simple insight: many talented developers can afford plane tickets but not accommodation. Base House addresses this barrier by hosting hackers, particularly from Latin America. **Key points:** - Started after bringing LatAm hackers to EthCC - Focuses on accessibility for emerging builders - Part of Base's broader community-building efforts