Avantis protocol: an advanced onchain exchange for cross-asset leverage, where users can long or short synthetic crypto, forex and commodities, or provide liquidity to power trading on these markets. Synthetic leverage combined with a USDC stablecoin LP makes Avantis very capital efficient, allowing for a wide selection of trade-able assets and high leverage (up to 500x). We are also unlocking fine-grained risk management for our LPs via time and risk parameters.