Polymarket Perps vs Veranta (Avantis)
A side-by-side comparison of two perpetual DEXs using the same sources and capture time. Larger is not automatically better: check fees, markets, collateral and access rules for your own use.
- Polymarket Perps holds 1.4× the open interest of Veranta (Avantis) ($92.42M vs $65.43M).
- Veranta (Avantis)’s average open interest moved +363.7% over 30 days.
 Polymarket Perps |  Veranta (Avantis) | |
|---|---|---|
| Open interest | $92.42M | $65.43M |
| OI rank (of 50) | 11 | 14 |
| OI change · 30d | — | +363.7% |
| Volume · 24h | $59.35M | — |
| User fees · 30d | — | $414.10K |
| Fees change · 30d | — | +107.6% |
| Trend | Not enough data | Growing |
| Chains | — | Base |
| Model | Order book (hybrid: off-chain matching, settlement on Polygon) | Liquidity pool with oracle pricing |
| RWA markets | Yes | Yes |
| Token | None verified | AVNT |
| Base trading fees | Taker 0.04% · maker 0.0125% ↗ | Taker 0.045% · maker 0.01% ↗ |
| Max leverage | 50× ↗ | 500× ↗ |
| Collateral | pUSD only (on Polygon) ↗ | USDC only ↗ |
| KYC | Not verified | Not required ↗ |
| Referral program | Yes, but the referred trader gets no fee discount ↗ | Yes; no fixed benefit for the referred trader is confirmed ↗ |
Open interest over time
- Polymarket Perps $93.34M
- Veranta (Avantis) $65.43M
DefiLlama daily open interest. Missing days are left as gaps. The scale starts at zero.
Open interest and fees: DefiLlama, captured 08 Oct 2026 · 14:43 UTC. 24h volume: CoinGecko derivatives exchange data (rolling 24 hours, converted from BTC), captured 08 Oct 2026 · 14:43 UTC. Token prices and 30-day price change: CoinGecko, at the time shown on each venue page; a parent-project or chain token is labelled and is not evidence of a claim on exchange revenue. Changes compare the last 30 days with the previous 30 days (OI as a daily average, fees as a total) and need at least 95% daily coverage. A trend label needs the 30-day move to pass a threshold (OI ±25%, fees ±30%) on a minimum base (OI ≥ $5M, fees ≥ $100K per 30 days); with 90 days of history both horizons must agree. Venue-reported volume is not audited; ⚑ marks volume above 25× open interest. “—” means unavailable, never zero. Full method ↗