Binance lists Maverick Protocol (MAV) for trading.

  • Binance has started trading for Maverick Protocol (MAV), the native token of a DeFi project supported by Founders Fund, Pantera Capital, Coinbase Ventures, and Binance Labs, among others.
  • Maverick’s native token will be traded against Bitcoin, USDT, and TUSD.
  • Earlier this month, Binance added Maverick Protocol to its launchpool incubator.

Binance has opened trading for Maverick Protocol (MAV), the native token of a DeFi project backed by Founders Fund, Pantera Capital, Coinbase Ventures, and Binance Labs, among others.

According to an announcement by the leading crypto exchange, support will initially be available for three trading pairs: MAV/BTC, MAV/USDT, and MAV/TUSD. Maverick trading on Binance went live on June 28, 2023, at 08:00 (UTC).

#Binance will open trading for @mavprotocol $MAV . https://t.co/8S7gg1aSGl

— Binance (@binance) June 27, 2023

Traders will enjoy zero fee trading on the MAV/TUSD pair “until further notice,” the exchange announced.

Binance’s listing of Maverick Protocol comes a few weeks after the exchange added the token to its Launchpool. In addition to Binance, MAV can also be traded on Bitget and DigiFinex.

What is Maverick (MAV)?

Maverick Protocol is a composable decentralized exchange (DEX) powered by the 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 inefficiency from DeFi by helping users put their liquidity where it can do the most work,” the protocol recently posted on its Twitter account.

MAV is live on the Ethereum mainnet, zkSync, and BNB Chain and has seen significant growth since launching its Dynamic Distribution AMM. Trading volume on the DEX has surpassed 2.5 billion.

A few hours before the MAV token goes live on @binance ! Let’s review some highlights of Maverick:

• Hit top 5 DEXs on all chains by volume • Supported 2.5 B+ volume on chain • Supporting 30%+ #LST daily trading volume on chain • Backed by @foundersfund @PanteraCapital

1/6

— Maverick Protocol (@mavprotocol) June 28, 2023

The price of MAV reached its all-time high above $0.58, with a market cap exceeding $141 million. The circulating supply currently stands at 250 million MAV, and the total supply is 2 billion tokens.

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