Maverick Protocol November Newsletter
DeFi never stops innovating. In the second half of 2024, BTC-focused DeFi is stealing most of the spotlight. Coinbase’s wrapped BTC (cbBTC) has driven substantial TVL growth and trading volume on Base and Ethereum mainnet and Babylon’s BTC Liquid Staking Tokens (LSTs) are opening a new frontier of staking opportunities.
As the universal liquidity operating system, Maverick is dedicated to supporting leading and emerging DeFi players to build more sustainable, composable and efficient liquidity. Maverick is at the center of BTC liquidity provision and farming opportunities, powering this BTC-DeFi surge with unmatched precision and flexibility.
But before we dive further into Maverick’s role in BTC-DeFi, let’s look at some numbers.
October Protocol Highlights
Volume: 100+ million daily volume across all chains
TVL: New ATH $30 million
Capital Efficiency: over 300%
The most Capital Efficient Chain: Arbitrum 1,454%
The most Capital Efficient Pair: USDC-USDT
New Features and Integrations
New Features:
Directional Fees Feature is LIVE in the UI ⚡
Maverick Protocol’s Directional Fees offer users the power to fine-tune their liquidity strategy by charging different fees depending on the direction of the swap within a liquidity pool. With this update, directional fees can now be configured through the UI when deploying a new pool. This unlocks a new suite of liquidity strategies for LPs and token projects.
<a href="https://medium.com/media/313f7efd0d99d96a628d54ed81a2f5b2/href">https://medium.com/media/313f7efd0d99d96a628d54ed81a2f5b2/href</a>Deploy your strategy here: https://app.mav.xyz/pool/newIntegrations of the Month:
Coinbase Smart Wallet: enables easy onboarding and simplified gas experience for Maverick users
1inch: More swaps, more fees via Maverick v2 pools
DIA App: Integrated Maverick v2 as data source to build price feed oracles on Arbitrum
GlueX Protocol : Users of GlueX’s Solve API can now benefit from Maverick v2’s state-of-the-art AMM capabilities.
Wowmax Exchange : Enhanced volume to Maverick v2Liquidity Star of the Month
Liquidity Star of the Month
GainsTrade launched its gUSDC-USDC liquidity pool exclusively on Maverick V2 on Base. The pool has exceeded the initial expectations set by the @GainsNetwork_io team:
$1.44M TVL achieved in only 4 days, with an impressive 10.83% APR.
The pool price closely tracks the gUSDC vault price on Base.
This success has also unlocked new potential, such as the upcoming gUSDC lending market integration and Timeswap’s1-click looping feature.
Read the full case study:
<a href="https://medium.com/media/9b808ad353e162a41f7e09ccc6196c78/href">https://medium.com/media/9b808ad353e162a41f7e09ccc6196c78/href</a>Entering the BTC-DeFi Era: Why Maverick is the Ultimate Liquidity OS for LSTs
As BTC-DeFi expands, robust liquidity and market depth are essential to enable advanced integrations with lending protocols and beyond. Maverick is uniquely positioned to be the infrastructure backbone for BTC tokens like cbBTC, WBTC, and more to be announced soon. By fostering deep, efficient, and sustainable liquidity, Maverick is accelerating BTC ecosystem growth with unparalleled efficiency.
Why is Maverick the Ultimate LiquidityOS for BTC tokens and LSTs?
🟣Higher Capital Efficiency
🟣Increased Market Depth
🟣More Incentivization Efficiency
🟣Unified Multi-Chain Solutions
🟣MAV emissions
Read the full blog:
Entering the Liquid Staked BTC Era: Why Maverick is the Ultimate Liquidity OS for LSTs
How can you be part of DeFi’s universal Liquidity Operating System?
LPing and farm fresh Incentives of the month
USDC-cbBTC#33: https://bit.ly/USDC-cbBTC-33
ETH-cbBTC #34: https://bit.ly/ETH-cbBTC-34
gUSDC-USDC #33: https://bit.ly/gUSDC-USDC-33
Join us and become one of the core contributors to Maverick
Full-stack developer: https://x.com/i/jobs/1824438825591959870
About Maverick
Maverick Protocol is DeFi’s Liquidity Operating System, offering one-stop liquidity solutions for token projects, liquidity providers, and blockchain ecosystems to bootstrap efficient markets with optimized liquidity and reduced budget spending.
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