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Home Platforms Maverick Protocol
Maverick Protocol reviews

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Decentralised exchange.

Open source code can be publicly reviewed.

Reviewed by Yunis
15 June 2023 (Updated 26 July 2024)

Maverick Protocol Crypto Platform

Maverick Protocol is an extensible decentralized finance protocol. It gives investors and liquidity providers the chance to put LP concepts into practice and maximize capital. MAV coin, the protocol's native utility token, is utilized for voting and governance. It is an open-source protocol which can be seen as an advantage. We can also see its audit reports on the Github address.

Maverick Protocol was founded by experienced names and the team consists of Alvin Xu and Bob Baxley in 2021. Developers on the Maverick team have collaborated on a variety of cutting-edge crypto infrastructures, such as a swap aggregator, Ethereum layer 2, PoS public blockchain, DEX, decentralized storage networks, crypto lending, a crypto debit card, and quantitative digital asset investment. The team consists of former employees and advisors from LedgerPrime, Paxful, BitTorrent, Abra, and MetaMask. 18 prestigious backers including Jump Capital, Pantera, Coinbase Ventures, Binance Labs, and others, contributed $9 million to Maverick Protocol's financing round.

Maverick disclosed a $8 million funding round led by Pantera Capital on February 15, 2022. There are also other investors, including Altonomy, Circle Ventures, CMT Digital, Coral DeFi, Gemini Frontier Fund, GoldenTree Asset Management, Jump Crypto, LedgerPrime, Spartan Group, Taureon, and Tron Foundation.

The Dynamic Distribution AMM is a revolutionary DeFi protocol on Ethereum and the zkSync Era that aims to give all users access to the most liquid trading platform possible. The three primary problems with current concentrated liquidity solutions that Maverick noted are the focus of the Dynamic Distribution AMM model. With the help of Maverick AMM, Maverick Protocol offers DeFi infrastructure to boost business productivity. There are lots of highlights of Maverick Protocol. Let’s deep into detail;

  • Mode Right expresses a bullish price belief by moving liquidity to rise together with the price of the base asset.
  • A bearish price belief is expressed by Mode Left, which transfers liquidity to follow the price of the base asset downward.
  • Mode Both moves, which are suitable for stablecoins and other closely correlated pairs, provide liquidity to track price movement in either direction.

The main problem is that active management is necessary for the majority of concentrated liquidity options. Users earned higher fees when prices fluctuated within the range they provided, but they received no compensation when prices moved outside of or inside of that range. The implicit preference for sideways markets under concentrated liquidity provision was the second issue, which was comparable to the first. When prices fluctuated accurately within a range-bound market, liquidity providers benefited the most. Users would need to frequently change their positions in a trending market in order to maximize their profits. Lastly, the majority of focused liquidity solutions distribute available liquidity uniformly across the chosen range. This restricts users' ability to choose how to use their assets with as much freedom as possible. Maverick offers users four liquidity management options to manage their positions depending on their predictions of the price movement in their deposited assets in order to address the problems associated with active liquidity pool management.

You can easily access the Maverick Protocol anywhere Binance is available and highest security as well. On Ethereum and zkSync Era, the Maverick dApp is accessible. Users can use Maverick AMM to trade and offer liquidity by connecting their wallets. These documents provide clear instructions on how to use the Maverick app and explain all of its capabilities. The application has three pages: Swap, Pools, and Portfolio as follows;

While Swap refers to the trading term for Maverick AMM's spot swap execution interface, Pools is the name of the interface for liquidity providers, via which LPs can add liquidity to Maverick AMM pools. Maverick offers high APR on cryptocurrencies. On the other hand, when you add liquidity, your position in liquidity will show up under Portfolio.

Pros

tick Backed by Binance Labs
tick Build on zkSyncERA

Cons

cross No proven history

Maverick Protocol Staking Yields

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Maverick Protocol Supported Currencies

Maverick Protocol supports over 9 currencies including Tether USDt, Liquity USD, Origin Dollar and Wrapped Bitcoin.

Maverick Protocol Key Data

Company
Decentralised tick Yes
Open source tick Yes
Products
Savings accounts tick Yes
Loans cross No
Crypto to crypto exchange tick Yes
Fiat to crypto exchange cross No
Pro exchange marketplace cross No
Peer to peer exchange cross No
Futures exchange cross No
DEX aggregator cross No
Chain agnostic cross No
Security
Know your customer cross No
Credit check cross No
Support
24/7 support tick Yes
Email support cross No
Phone support cross No
Chat support tick Yes
Investment Strategy
Liquidity pools tick Yes
DeFi products tick Yes
Key People
Bob Baxley
Chief Technology Officer

Useful Links

Maverick Protocol Contact Details

https://www.mav.xyz/

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