Maverick Protocol Price
(MAV)
Maverick Protocol Live Price Data
The live price of Maverick Protocol is $0.1961, with a total trading volume of $ 25,295 in the last 24 hours. The price of Maverick Protocol changed by -7.36% in the past day, and its USD value has decreased by -27.61% over the last week. With a circulating supply of 460,411,221 MAV, the market cap of Maverick Protocol is currently 90.35M USD, marking a --% increase today. Maverick Protocol currently ranks #-- in market cap.
How do you feel about Maverick Protocol today?
Note: This data is for reference only.Maverick Protocol(MAV) Profile
Website
Documentation
Explorer
Contract
- Ethereum 0x7448c7...aBD
- BNB Smart Chain (BEP20) 0xd691d9...103
Audited By
- https://www.certik.com/projects/maverick-protocol
Code & Community
Investors
- Pantera Capital
- Founders Fund
- ATH
- $0.8210
- Price Change (1h)
- +1.65%
- Price Change (24h)
- -7.36%
- Price Change (7d)
- -27.61%
- Market Cap
- $90.35M
- 24h Volume
- $25,295
- Circulating Supply
- 460,411,221
- Max Supply
- 2B
About MAV
How can I buy Maverick Protocol (MAV)?
Buying MAV on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy Maverick Protocol (MAV) for more information. 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 $9 million in a seed funding round led by Founders Fund. Other participants in the funding round include Binance Labs, Coinbase Ventures, Pantera Capital, and Apollo Crypto. Maverick Protocol plans to use this investment to challenge the dominance of established decentralized exchanges (DEXs) like Uniswap.
Maverick Protocol (MAV) Price Movements ($)
Period | Change | Change (%) |
---|---|---|
Today | $-0.0161 | -7.58% |
7 Days | $-0.0749 | -27.62% |
30 Days | $0.0044 | 2.35% |
3 Months | $0.0061 | 3.26% |
24H Investment Barometer
- Strong Buy
- The Investment Barometer represents the current sentiment of the majority of KuCoin users. It is based on multiple indicators, and can be used as an aspect to take into consideration when planning investments.
Maverick Protocol Conversion Rate
FAQ
How much is 1 Maverick Protocol (MAV) worth?
KuCoin provides real-time USD price updates for Maverick Protocol (MAV). Maverick Protocol price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time MAV to USD exchange rates. Is Maverick Protocol (MAV) a Good Investment?
Here are some reasons why you could consider adding MAV to your crypto portfolio:
Innovative DeFi Infrastructure
Maverick Protocol offers a DeFi infrastructure to facilitate liquid markets for traders, liquidity providers, DAO treasuries, and developers. The protocol introduces the concept of Dynamic Distribution AMM, providing liquidity providers with greater flexibility and capital efficiency in placing their liquidity.
Maverick Protocol’s Automated Liquidity Concentration
The protocol's automated concentration of liquidity as the price moves and the ability for liquidity providers to make directional bets on specific tokens' price trajectories sets it apart from traditional AMMs. These features may attract users and contribute to the protocol's growth and adoption.
Potential for Growth
Maverick Protocol has received funding from various investors and completed three rounds of private token sales, demonstrating investor interest in the project.
What Is Maverick Protocol Price Prediction?
While we cannot offer an accurate MAV price prediction over any timeframe, you could track the following factors to gain better insights into the price movements and volatility in this token:
Market Demand and Growth Potential
The DeFi market has experienced significant growth and interest in recent years. As more individuals and institutions explore decentralized exchanges and derivatives, the demand for platforms like Maverick Protocol could rise, supporting the MAV to USD price in the market.
Competitive Landscape
Maverick Protocol aims to challenge the dominance of established decentralized exchanges like Uniswap. By offering improved liquidity positioning, capital efficiency, and a more inclusive approach to asset listing, Maverick Protocol seeks to differentiate itself from its competitors. The emergence of more attractive alternatives could pressure the Maverick Protocol price while adding new features to maintain its competitive edge could increase the MAV price.
Overall Crypto Market Conditions
The broader market conditions and trends in the cryptocurrency industry can also influence the value of Maverick Protocol as an investment opportunity. Factors such as market sentiment, regulatory developments, adoption of DeFi, and the overall performance of the cryptocurrency market can impact investor interest and confidence in Maverick Protocol, influencing the value of MAV token.
What Is MAV Token Used For?
MAV, the native token of Maverick Protocol, has the following use cases:
Governance in Maverick Protocol Ecosystem
MAV token holders can stake their tokens and receive veMAV (voting-escrowed MAV). The veMAV tokens are used to vote on protocol governance decisions, allowing token holders to participate in shaping the future of the Maverick Protocol.
Community Voting Rights Through Staking
The veMAV tokens obtained through staking provide community voting rights. Token holders can use their veMAV to vote on various matters, including allocating protocol incentives to specific pools or positions within the Maverick Automated Market Maker (AMM). Token holders can have a say in distributing rewards and incentives within the protocol.
Trade or HODL MAV
Trade Maverick Protocol crypto against other digital assets on the KuCoin Spot Market or other supported platforms. Buy or sell MAV, or hold the token long-term if you believe in the future potential of the Maverick Protocol project. Ensure you conduct your research and due diligence before making any trading decision in the crypto market.
How to Stake MAV on Maverick Protocol AMM
Here’s how you can stake MAV on Maverick Protocol and earn rewards:
1. Fund your wallet by buying MAV on KuCoin or other supported platforms and withdrawing your tokens to your wallet.
2. Visit the Maverick Protocol app and connect your wallet to it.
3. Click the Stake MAV tab on top of the app’s homepage.
4. Scroll down and click the Stake MAV button on this page.
5. Enter the number of MAV tokens you want to stake, select the Stale Length from 1 year to 4 years, and click Create New Stake.
6. Confirm and approve the transaction from your wallet.
7. Sit back, accrue rewards, and grow your crypto holdings by staking MAV on Maverick Protocol.
What is the all-time high price of Maverick Protocol (MAV)?
The all-time high price of Maverick Protocol (MAV) is $0.8216. The current price of MAV is down 76.11% from its all-time high.
What is the all-time low price of Maverick Protocol (MAV)?
The all-time low price of Maverick Protocol (MAV) is $0.1162. The current price of MAV is up 68.87% from its all-time low.
How much Maverick Protocol (MAV) is there in circulation?
As of 12 22, 2024, there is currently 460,411,221 MAV in circulation. MAV has a maximum supply of 2B.
What is the market cap of Maverick Protocol (MAV)?
The current market cap of MAV is $90.35M. It is calculated by multiplying the current supply of MAV by its real-time market price of $90.35M.
How do I store Maverick Protocol (MAV)?
You can securely store your Maverick Protocol in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your MAV include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.
How do I convert FLOKI (FLOKI) to cash?
You can instantly exchange your FLOKI (FLOKI) for cash using KuCoin's Fast Trade feature. This feature enables you to convert FLOKI to your local fiat currency in just a few clicks. However, make sure to complete Identity Verification first to enjoy all the features you may need.