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Maverick Protocol Price

(MAV)

$0.00895
0.00%(5m)

1m5m15m1h8h1d1W
Maverick Protocol (MAV) Live Price Chart

    Maverick Protocol Live Price Data

    The live price of Maverick Protocol is 0.00895, with a total trading volume of 16062.6 in the last 24 hours. The price of Maverick Protocol changed by +0.22% in the past day, and its value has decreased by -5.59% over the last week. With a circulating supply of 1.17B MAV, the market cap of Maverick Protocol is currently 10463575.19227624633972299300 , marking a +0.22% increase today. Maverick Protocol currently ranks #943 in market cap.

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    Note: This data is for reference only.
    pk

    MAV(MAV) Profile

    altRank943
    rate--
    Expand
    $0.00891
    $0.00897

    ATH
    $0.82163742
    Price Change (1h)
    --
    Price Change (24h)
    +0.22%
    Price Change (7d)
    -5.59%
    Market Cap
    24h Volume
    Circulating Supply
    1.17B
    Max Supply
    2B

    About Maverick Protocol

    • What Is Maverick Protocol (MAV) Crypto?

      Maverick Protocol is a novel decentralized finance (DeFi) protocol built on Ethereum and zkSync Era. It provides DeFi users with a highly liquid trading platform through its unique Automated Market Maker (AMM) design known as the Dynamic Distribution AMM.

      Maverick Protocol takes the concept of the AMM a step further by introducing concentrated liquidity strategies and automated liquidity provision within predetermined parameters. It addresses the limitations of existing concentrated liquidity solutions. The DeFi protocol solves the issue of active liquidity pool management by offering four liquidity management strategies called "Mode Right," "Mode Left," "Mode Both," and "Mode Smart."

      These strategies allow liquidity providers to manage their positions based on their expectations of the price movement of their deposited assets. Mode Right expresses a bullish opinion, Mode Left expresses a bearish opinion, Mode Both combines both strategies and Mode Smart dynamically adjusts the liquidity provision based on market conditions.

      Maverick Protocol aims to increase capital efficiency, reduce impermanent loss, and optimize earnings for liquidity providers in various market conditions by providing greater control and flexibility over liquidity positions.

      MAV is the native token of the Maverick Protocol and functions as its governance token. You can also stake MAV on the platform to enjoy community voting rights.

    • How Does Maverick Protocol Work?

      Maverick Protocol's Dynamic Distribution AMM model aims to unlock greater capital efficiency, reduce active management requirements, and provide more control for liquidity providers in decentralized exchanges. It addresses three critical issues associated with existing concentrated liquidity solutions.

      Need For Active Management

      It reduces the need for active management by offering users four liquidity management strategies based on their price movement expectations for deposited assets. These strategies allow liquidity providers to adjust the price range of their liquidity positions to align with their bullish or bearish opinions on the asset.

      The first strategy, called "Mode Right," shifts the liquidity range towards the right as the value of the base asset rises, enabling providers to capitalize on price retracements within the range. Conversely, the "Mode Left" strategy tracks the declining price of the base asset and benefits from trades occurring within the supplied range during price bounces or retracements.

      The “Mode Both” approach automatically manages liquidity positions in both directions to combine bullish and bearish strategies, allowing users to capture gains in upward or downward price movements.

      Implicit Bias Towards Sideways Markets in Concentrated Liquidity Provision

      The protocol tackles the implicit bias towards sideways markets in concentrated liquidity provision. By offering flexible liquidity ranges, the protocol enables users to optimize their earnings in trending markets without constantly adjusting their positions.

      Uniform Spread of Liquidity

      Maverick Protocol solves the uniform spread of liquidity over the selected range in existing concentrated liquidity solutions. By introducing customizable liquidity ranges, the protocol gives users greater control when trading their assets.

    • When Was Maverick Protocol Launched?

      After being founded in 2021, Maverick Protocol launched on March 8, 2023, to enhance capital efficiency and control over liquidity positions for users in decentralized exchanges (DEXs) like Ethereum and zkSync Era.

      Alvin Xu, co-founder of the Maverick Protocol, has previously worked at Tron Foundation and BitTorrent. He was also associated with ConsenSys, where he worked on MetaMask, one of the most popular wallets in the Ethereum ecosystem.

      Maverick Protocol has raised $9 million in a seed funding round led by Founders Fund. Other participants in the funding round include Binance Labs, Coinbase Ventures, Pantera Capital, and Apollo Crypto. Maverick Protocol plans to use this investment to challenge the dominance of established decentralized exchanges (DEXs) like Uniswap.

    FAQ

    • How much is 1 Maverick Protocol (MAV) worth?

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    • What Is Maverick Protocol Price Prediction?

    • What Is MAV Token Used For?

    • How to Stake MAV on Maverick Protocol AMM

    • Who Are Maverick Protocol’s Partners and Investors?

    • What is the all-time high price of Maverick Protocol (MAV)?

    • What is the all-time low price of Maverick Protocol (MAV)?

    • How much Maverick Protocol (MAV) is there in circulation?

    • How do I store Maverick Protocol (MAV)?