Base

Loss rebates are an industry-first incentive for  exchanges (CEXs & DEXs) - pioneered by Avantis. 

Help balance market-skew and get up to 20% of your losses back. 

Purpose-built for directional traders and arbitrageurs. Learn more in our video and deep dive👇🧵

Cross-asset leverage for crypto & RWAs | USDC vaults with time & risk management | Built on and backed by @base

1/ Directional traders

Directional traders go who against the popular sentiment (i.e shorting when most Avantis users are long), get a portion of their losses protected.

This directly taps into loss aversion - the most widely understood principle of trading psychology.

3/ Arbitrageurs (Pt. 2)

Not sure what any of the above meant? Read more about how MMs like 
@KeyrockTrading and onchain retail traders on 
@HyperliquidX can use this incentive. It's really simple.

3/ Arbitrageurs (Pt. 2)

Not sure what any of the above meant? Read more about how MMs like 
@KeyrockTrading and onchain retail traders on 
@HyperliquidX can use this incentive. It's really simple.

https://x.com/avantisfi/status/1821549553130062251
https://avantisfi.medium.com/dex-arbitrage-series-part-1-avantis-hyperliquid-ed4134a2da2b

2/ Arbitrageurs (Pt. 1)

Funding rate arbitrage is very competitive, but loss rebates are novel (only on avantisfi)

Retail traders and market-makers can create novel delta-neutral strategies that use loss rebates, effectively acting as a perpetual call option.