Binance lists the Maverick Protocol (MAV)

Von Sophie Müller

  • Binance opens trade for the Maverick Protocol (MAV)
    • supported by Pantera Capital and Coinbase
  • The native token of Maverick is traded against Bitcoin, USDT and TUSD.
  • Binance added the Maverick Protocol to its launch pool in the beginning of the month.

Binance has opened the trade for the Maverick Protocol (MAV), the native tokens of a defi project, which is supported by Founders Fund, Pantera Capital, Coinbase Ventures and Binance Labs.

According to an announcement of the leading crypto, three trading pairs are initially supported: MAV/BTC, MAV/USDT and MAV/TUSD. The Maverick trade on Binance went online at 8:00 a.m. (UTC) on June 28, 2023.

dealers will "benefit from the MAV/TUSD couple" until further notice ", the stock exchange announced.

The listing of the Maverick protocol through Binance takes place a few weeks after the stock exchange has taken up the token in your launch pool. In addition to Binance, MAV can also be traded on Bitget and Digifinex.

What is Maverick (MAV)?

The Maverick protocol is a composable decentralized stock exchange (Dex), which is operated by Maverick amm (automated market maker). As a defi infrastructure provider, Maverick focuses on improving capital efficiency for liquidity providers (LPS).

"Maverick's goal is to eliminate Defi's inefficiency by helping users use their liquidity where it can do the most," the protocol recently published on its Twitter account.

MAV is active in Ethereum-Minnet, ZKSync and the BNB chain and has since recorded significant growth started his dynamic distribution collection. The trading volume on the Dex has reached over 2.5 billion.

The price of MAV rose to its all-time high of over $ 0.58 and market capitalization rose to over $ 141 million. The circulation offer is currently 250 million MAV and the overall offer is 2 billion tokens.

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Source: Coinlist.me