$CBRS (Cerebras Systems Inc) is now live on Avantis.
The wafer-scale chip maker that IPO'd at $4B+ and surged 68% on day one is now tradeable onchain with up to 10x leverage.
We've been working hard behind the scenes to make @avantisfi the most efficient onchain venue for large market orders on RWAs.
Here's a head-to-head comparison of spreads on a $300K Intel buy order compared to @Lighter_xyz and @HyperliquidX:
- Avantis / Hyperliquid: ~0.10%
- Lighter: 0.17%
Avantis is now on-par with HL for market orders, and ahead of lighter for larger orders. This is the benefit our of synthetic AMM - we're able to outsource spreads from other liquid venues.
The next big leap is a 10x increase in RWA liquidity via external market makers.
And it all leads to next week.
Winners from these streams will go head-to-head for the $2,000 grand prize.
Want in for the next round? Fill out the application form: https://t.co/bZFXDrysUE
It's a new week and a new arena for Leagues of Leverage: Streamer Showdown!
And this time we return with OG traders like @cryptomomlife and @alaingodecrypto stepping in to battle for the $1,000 prize 🤜🤛
Join us live at 9:30am ET.