AVNT Token Rebounds 78% From Bottom Backed by Strong Fundamentals

Avantis' native token AVNT has staged a notable recovery, surging 78% from its post-airdrop bottom, as smart money investors accumulated tokens amid heavy sell pressure.

Following its airdrop at a $0.488 price on Sept. 9, AVNT tumbled due to selling from recipients seeking quick liquidity. The token hit a low of $0.208, before rebounding to a daily high of $0.371 on Sept. 10.

Nansen data shows that profitable wallets increased their AVNT holdings by 20.5% in the past 24 hours, reflecting growing confidence. The recovery is underpinned by Avantis' strong fundamentals, as the protocol recorded $4.6 billion in trading volume in August alone, accounting for 39.3% of Base's perpetual volume.

Avantis has also grown its TVL by 66% in 2025, from $13.5B to $22.4B, and consistently earns millions in protocol fees—$1.22M in August and an annualized $14.3M, according to DefiLlama.

As the top perpetuals exchange on Base, Avantis benefits from high user engagement, growing liquidity, and consistent revenue. The smart money accumulation during the sell-off underscores investor belief in the token’s long-term value proposition.