Binance, the world’s largest cryptocurrency exchange by volume, recently announced that it will list the Maverick Protocol (MAV), one of the most talked-about altcoin projects of recent days. Trading for this trending altcoin will commence on June 28. Here are the details of the listing.
The Listing Will Occur Across Three Trading Pairs
Binance, the world’s largest cryptocurrency exchange, announced that it would list the local asset MAV of Maverick Protocol, the 34th project in Binance Launchpool. According to the listing announcement, MAV will be listed and open for trading starting from 11:00 am (local time) on June 28.
The listing will take place across the MAV/BTC, MAV/USDT, and MAV/TUSD trading pairs, allowing investors and traders to start direct trading from the specified time.
What is the Maverick Protocol?
Maverick Protocol stands out for offering a new infrastructure for decentralized finance (DeFi) supported by a revolutionary Automated Market Maker (AMM), built to facilitate access to the most liquid markets for investors, traders, liquidity providers, DAO treasuries, and developers.
The Maverick Protocol is a composable DeFi infrastructure that allows project founders and liquidity providers to achieve high capital efficiency and implement their desired LP strategy. At its core is the Maverick AMM, the first Dynamic Distribution AMM that provides liquidity providers with greater flexibility on where to place their liquidity and allows their liquidity to automatically track price.
The mission of the Maverick Protocol is to eliminate inefficiency in DeFi by helping users place their liquidity where it can do the most work. Maverick AMM facilitates a wide range of LP strategies, including strategies that increase capital efficiency of both fixed product and range AMMs. Furthermore, Maverick Protocol, which natively automates a range of liquidity strategies, enables all user classes to benefit from the advantages of dynamic concentrated liquidity.
Maverick Protocol has proven to be a strong AMM for liquid stake protocols to attract TVL and transaction volume. For example, since its launch in March 2023, Maverick AMM has facilitated a significant amount of wstETH transaction volume. Market observers predict that Maverick Protocol will become a useful platform for the upcoming “liquid stake wars,” given its unique position as the ideal AMM for LSTs and the forthcoming Voting Trust model as more LST protocols enter the market and the competition for liquidity and volume among these protocols intensifies.
