{
  "schemaVersion": 1,
  "id": "veranta",
  "version": "1.0.0",
  "name": "Veranta (formerly Avantis)",
  "reviewedAt": "2026-10-14",
  "reviewIntervalDays": 14,
  "reviewer": "Decentralised News editorial research",
  "evidenceType": "provider_documentation",
  "liveTested": false,
  "summary": "Avantis now identifies as Veranta. Its current material describes USDC margin on Base and distinct fee models for RWA trading and Upside Perps. Neither a rebrand nor a zero-commission headline establishes total cost, safety or eligibility.",
  "scope": "Provider-documentation review, not a live trading test, security audit or personalised eligibility assessment. Detailed fee and permission pages could not be retrieved during this review.",
  "sources": [
    {
      "id": "identity",
      "name": "Official developer organisation: formerly Avantis",
      "url": "https://github.com/Avantis-Labs",
      "reviewedAt": "2026-10-14"
    },
    {
      "id": "overview",
      "name": "Veranta documentation overview",
      "url": "https://docs.veranta.xyz/",
      "reviewedAt": "2026-10-14"
    },
    {
      "id": "model",
      "name": "Veranta product explanation, 1 October 2026",
      "url": "https://www.veranta.xyz/blog/the-hidden-tax-on-rwa-perp-traders",
      "reviewedAt": "2026-10-14"
    },
    {
      "id": "terms",
      "name": "Veranta Terms of Service, revised September 2026",
      "url": "https://www.veranta.xyz/docs/tos",
      "reviewedAt": "2026-10-14"
    }
  ],
  "networks": [
    {
      "id": "base",
      "name": "Base",
      "collaterals": [
        "USDC"
      ],
      "sourceId": "model"
    }
  ],
  "claims": [
    {
      "id": "identity",
      "question": "Is this still Avantis?",
      "label": "Provider-reported",
      "finding": "The developer organisation identifies Veranta as formerly Avantis. The old official website and documentation redirected to Veranta during this review.",
      "consequence": "Use the current name and documentation; do not assume older instructions still describe the product.",
      "sourceIds": [
        "identity",
        "model"
      ]
    },
    {
      "id": "collateral",
      "question": "Which network and margin asset are described?",
      "label": "Provider-reported",
      "finding": "The provider describes USDC margin. Its terms identify Base as the protocol network.",
      "consequence": "Confirm the selected network, token and deposit route before moving assets. This does not establish every supported funding method.",
      "sourceIds": [
        "model",
        "terms"
      ]
    },
    {
      "id": "fees",
      "question": "Does zero commission mean zero total cost?",
      "label": "Provider-reported",
      "finding": "The overview describes zero maker/taker fees for RWAs while in growth mode, alongside spreads and carry. Upside Perps, previously ZFP, take fees from profits.",
      "consequence": "Identify the product mode and inspect its current cost breakdown. This brief does not verify a complete numerical fee schedule.",
      "sourceIds": [
        "overview"
      ]
    },
    {
      "id": "execution",
      "question": "Has DN verified execution quality?",
      "label": "Not measured",
      "finding": "The provider describes an RFQ plus AMM execution design. Its execution examples are provider claims, not DN benchmarks.",
      "consequence": "No measured fill-quality, latency, withdrawal or stop-loss ranking is supported here.",
      "sourceIds": [
        "model"
      ]
    },
    {
      "id": "permissions",
      "question": "What authority does one-click trading require?",
      "label": "Unknown",
      "finding": "The overview advertises gasless one-click execution. DN did not inspect a live approval flow or verify the scope, duration and revocation of any delegated permissions.",
      "consequence": "Inspect signing requests and revocation controls independently. Gas sponsorship does not establish a safe permission boundary.",
      "sourceIds": [
        "overview"
      ]
    },
    {
      "id": "access",
      "question": "Does wallet access establish eligibility?",
      "label": "Provider-reported",
      "finding": "The reviewed terms exclude defined U.S. persons and restricted persons and require users to meet age and other conditions.",
      "consequence": "Read the complete current terms. Absence from these examples is not confirmation of eligibility or local legal compliance.",
      "sourceIds": [
        "terms"
      ]
    }
  ],
  "illustration": null,
  "unknowns": [
    "Current pair-specific fees and profit-share rates",
    "Complete permission scope and revocation behaviour",
    "Live execution, stop-loss and withdrawal performance",
    "Individual legal access and suitability"
  ],
  "accessGaps": [
    "Collateral & Position Sizing detail page",
    "Fee Schedule by Asset Class detail page",
    "Upside Perps profit-sharing detail page",
    "Gasless / One-Click Trading detail page"
  ],
  "history": [
    {
      "date": "2026-10-14",
      "type": "DN publication",
      "detail": "Initial Veranta brief with Avantis alias. Verified the identity using provider sources; recorded detail-page access gaps. This is the DN review date, not the rebrand announcement date."
    }
  ],
  "reviewTriggers": [
    "Accessible detail pages or changed provider documentation",
    "A substantiated correction",
    "The 14-day review deadline"
  ],
  "disclosure": "DN has an existing Avantis referral entry. Its applicability after the rebrand has not been verified in this brief. No new referral destination or active partner CTA is supplied. Compensation has no role in the evidence labels."
}