Maverick Protocol
Maverick Protocol is a Singapore-based DeFi infrastructure company that operates a multi-chain decentralized exchange using its proprietary Dynamic Distribution AMM, serving liquidity providers, token projects, and developers across six blockchains with over $17 million raised from tier-1 crypto investors.
- Company typePrivate
- Founded2021
- HeadquartersSingapore, Singapore
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Maverick Protocol does
Maverick Protocol is a Singapore-based DeFi infrastructure company founded in 2021 that operates a multi-chain decentralized exchange built on its proprietary Dynamic Distribution Automated Market Maker (AMM). Unlike standard concentrated liquidity AMMs, Maverick's design moves liquidity natively with price without external oracles and supports four configurable liquidity modes (Both, Right, Left, Static), enabling automated active liquidity strategies and gas-efficient swaps under 100K gas units. The company launched Maverick V2 in May 2024 as a Liquidity Operating System that adds Programmable Pools, veMAV governance, veFlywheel emissions, and Any-Token veFactory, positioning the protocol as an AI-ready, composable liquidity layer deployed across Ethereum, Arbitrum, Base, BNB Smart Chain, Scroll, and zkSync Era.
Maverick serves three primary customer segments: liquidity providers seeking higher fee APR through concentrated and automated positioning; token projects and DAOs needing to bootstrap liquidity, defend pegs, and run targeted incentive programs via Boosted Positions; and developers building custom DeFi products on top of its Programmable Pools. Notable ecosystem participants include Lido, EtherFi, KelpDAO, Swell, Ethena, Aave, Pendle, Gravita, Liquity, and Origin Finance, with over $20M in TVL collectively bootstrapped on V2.
The business model is transaction-based, earning swap fees (typically 0.1%-0.3%) distributed pro-rata to liquidity providers, supplemented by governance and incentive mechanisms tied to the MAV token and veMAV vote-escrow staking. Distribution is fully self-serve and permissionless through app.mav.xyz, with routing via major aggregators (1inch, Matcha, Paraswap, Odos, CoW Swap) and broad wallet support. Maverick has raised approximately $17 million across three rounds ($1M in 2021 led by Jump Crypto, $8M in 2022 led by Pantera Capital, and $9M in 2023 led by Founders Fund) from a roster that includes Binance Labs, Coinbase Ventures, Circle Ventures, Apollo Crypto, Jump, Spartan, Golden Tree, Shima Capital, and Gemini. The protocol currently ranks top 3 by 7-day DEX volume across all chains per DeFiLlama and handles roughly 10% of total DEX daily volume.
Maverick Protocol firmographics
Firmographics- Name
- Maverick Protocol
- Legal name
- Maverick Protocol
- Website
- https://mav.xyz
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Maverick Protocol is a Singapore-based DeFi infrastructure company that operates a multi-chain decentralized exchange using its proprietary Dynamic Distribution AMM, serving liquidity providers, token projects, and developers across six blockchains with over $17 million raised from tier-1 crypto investors.
- Ownership category
- akta.pro rank
Maverick Protocol industry classification
Industry- Product category
- Decentralized Exchange Protocol
- NAICS
- Securities and Commodity Exchanges (52321)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Spot AMM DEXs (FSADABAA)
- akta.pro secondary industries
- Decentralized Exchanges (DEX) & AMMs (FSADAMAB), Decentralized Exchanges (DEX) & AMMs (FSAPADAB)
Keywords
Where Maverick Protocol is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Markets served
Maverick Protocol business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Swap Transaction Fees: Maverick AMM generates revenue through swap fees charged on trades. Fee percentages typically range from 0.1% to 0.3% of trade value, distributed pro-rata to liquidity providers based on their share of the pool. Pools can be configured with different fees depending on swap direction.
- veMAV Governance and Incentives: MAV token staking into veMAV voting-escrow contract. veMAV balances determine voting power for governance and incentive direction. Additional rewards include incentive batches distributed quarterly to veMAV holders, bribes from bribe markets, and LP boosts up to 6.66x for Boosted Position participants.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Swap fee distribution to LPs based on pool share and trading volume |
| Subscription | Annual | veMAV staking rewards with vote-matched emissions and LP boosts |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels8 records
Maverick Protocol product offering
Product offeringCore offering
Maverick Protocol operates a multi-chain decentralized exchange (DEX) built on a Dynamic Distribution Automated Market Maker (AMM) that automates liquidity movement and supports arbitrary, customizable liquidity distributions. The protocol provides a Liquidity Operating System (LiquidityOS) for token projects, liquidity providers, developers, and blockchain ecosystems to bootstrap efficient markets, deploy Boosted Positions for surgical liquidity incentivization, and access programmable pools with AI-ready customization across Ethereum, Arbitrum, Base, BNB Smart Chain, Scroll, and zkSync Era.
Product overview
Maverick Protocol is a unified Liquidity Operating System (LiquidityOS) for DeFi, combining multiple modules: the Maverick AMM (Dynamic Distribution AMM) for automated and customizable concentrated liquidity; Maverick Boosted Positions for surgical liquidity incentivization; Programmable Pools enabling AI integration, dynamic fees, KYC pools, and single-sided LPing; veMAV for governance; veFlywheel and Any-Token veFactory for incentivization mechanisms; and the MAV token for protocol governance and utility.
Differentiator
Problem solved
Functional benefit
Products and services
- Maverick AMM
- Maverick Boosted Positions
- veMAV
- Programmable Pools
- Maverick V2 Liquidity Operating System
Quantifiable outcome
- LPs earn 10x more trading fees on Maverick vs competitors like Aerodrome ($86.20/day fees on $1.5M TVL vs $99/day on $15M TVL)
- +6 more outcomes
Companies that use Maverick Protocol
Customer profileNamed customers10 records
Segments4 records
Ideal customer profiles4 records
Maverick Protocol technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration36 records
AI capability2 records
Feature8 records
Maverick Protocol partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered core and major.
- LidocoreLido is a leading liquid staking protocol that shifted incentives to Maverick v2 Base, enabling Maverick to lead capital efficiency for wstETH pairs. Lido and Maverick collaborate on liquid staking liquidity solutions.
- EtherFicoreEtherFi is a liquid staking protocol that has bootstrapped liquidity on Maverick v2. The partnership enables efficient weETH liquidity management across chains.
- KelpDAOmajorKelpDAO leverages Maverick's capital-efficient infrastructure for rswETH liquidity deployment on zkSync and other supported chains.
- SwellcoreSwell used Maverick Boosted Position to build over $20M TVL in 2 months. Swell is a Day 1 ecosystem partner with deep integration.
- AavemajorAave's GHO token used Maverick's liquidity tools to stabilize its dollar peg through targeted incentives and buy wall creation.
- 1inchmajor1inch DEX aggregator integrates with Maverick for liquidity routing, providing Maverick with order flow from aggregated trades.
- Coinbase WalletmajorCoinbase Wallet is a supported wallet for interacting with Maverick Protocol across all supported chains.
- MetaMaskmajorMetaMask is the primary supported wallet for Maverick Protocol users to connect and interact with the DEX.
- WalletConnectmajorWalletConnect enables wallet connectivity for Maverick Protocol users across multiple chains.
- SpiralDAOmajorSpiralDAO is a liquid locker partner where users can stake MAV via Spiral to enjoy more flexibility while participating in veMAV governance.
- StakeDAOmajorStakeDAO is a liquid locker partner allowing MAV staking with additional flexibility for veMAV participation.
- UnlockmajorUnlock Protocol is integrated as a liquid locker partner for MAV token staking with flexible duration options.
- Goose.runmajorGoose.run is a memecoin fairlaunch platform built on Maverick AMM that creates a flywheel for veMAV holders. veMAV holders can vote for memecoins and receive trading fee shares, while Goose.run harnesses Maverick infrastructure for its pools.
Scale indicators8 records
Recent moves6 records
Expansion highlights5 records
Maverick Protocol competitors and assessment
Company assessmentDirect peers
- Uniswap: Largest DEX by volume and the category-defining concentrated-liquidity AMM. Uniswap is the closest direct peer to Maverick, with overlapping LPs, token projects, and multi-chain presence (Ethereum, Arbitrum, Base, BNB, etc.). Maverick competes with Uniswap for routing share on the same pairs.
- Curve Finance: Leading concentrated-liquidity AMM optimized for stable and correlated assets, with its own veCRV tokenomics and cross-chain deployments. Curve directly competes with Maverick's Mode Both liquidity profile and veFlywheel design, particularly for stable pair and LSD liquidity.
- Aerodrome Finance: Base-native DEX and the explicit benchmark Maverick cites for its 10x fee APR advantage. Aerodrome uses a ve(3,3) model and is the dominant DEX on Base — directly competing with Maverick's Base deployment for LSD and core pair volume.
- Balancer: Multi-pool weighted AMM with boosted pools and veBAL governance. Balancer is a direct peer sharing the same liquidity provider and token-project segments, and offers comparable customizable pool logic and incentive tooling that competes with Maverick's Boosted Positions.
- PancakeSwap: Largest DEX on BNB Smart Chain with multi-chain reach (Ethereum, Arbitrum, Base). PancakeSwap directly overlaps with Maverick on BNB Smart Chain and several L2s, competing for the same retail LP and trader base.
- Velodrome Finance: Optimism-native DEX that pioneered the ve(3,3) model later replicated (with variations) by Maverick's veFlywheel. Velodrome is a direct peer competing for cross-chain liquidity mindshare and the same token-project customer segment.
- Camelot DEX: Arbitrum-native concentrated-liquidity AMM and a direct competitor on the chain where Maverick is also deployed. Camelot shares Maverick's permissionless pool deployment model and competes for the same LSD and emerging-token liquidity on Arbitrum.
- SushiSwap: Multi-chain AMM DEX with broad EVM coverage and customizable pool features (Trident). Sushi is a broad incumbent competing with Maverick on multiple chains and for token-project partnerships, though with a less differentiated concentrated-liquidity product.
- Trader Joe: Multi-chain concentrated-liquidity DEX (Arbitrum, Avalanche, Ethereum L2s) with a Liquidity Book model. Trader Joe is a direct peer overlapping Maverick's L2 footprint and competing for the same active-LP and token-project segments.
Emerging players
- Ambient (formerly CrocSwap): Emerging concentrated-liquidity AMM with novel ambient (zero-width) liquidity and cross-chain ambitions. Ambient is an emerging player whose customizable liquidity architecture partially overlaps with Maverick's Programmable Pools and four-mode design.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Maverick Protocol social profiles
Digital presenceMaverick Protocol financial estimates
Financial estimateRevenue estimate
Valuation estimate
Maverick Protocol leadership team
Management profileNumber of profiles
Maverick Protocol funding detail
Funding detailFunding overview
Funding rounds3 records
Investors18 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Maverick Protocol M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Maverick Protocol
What does Maverick Protocol do?
Maverick Protocol operates a multi-chain decentralized exchange (DEX) built on a Dynamic Distribution Automated Market Maker (AMM) that automates liquidity movement and supports arbitrary, customizable liquidity distributions. The protocol provides a Liquidity Operating System (LiquidityOS) for token projects, liquidity providers, developers, and blockchain ecosystems to bootstrap efficient markets, deploy Boosted Positions for surgical liquidity incentivization, and access programmable pools with AI-ready customization across Ethereum, Arbitrum, Base, BNB Smart Chain, Scroll, and zkSync Era.
Is Maverick Protocol a public or private company?
Maverick Protocol is a private company. It is classified as venture growth investor backed and is currently operating.
When was Maverick Protocol founded?
Maverick Protocol was founded in 2021. It employs 11 to 50 people.
Where is Maverick Protocol based?
Maverick Protocol is headquartered in Singapore, Singapore, in the Asia region.
How does Maverick Protocol make money?
Two revenue lines are on record. Swap Transaction Fees are the primary driver. The others are veMAV Governance and Incentives.
Who are Maverick Protocol's main competitors?
Direct peers on record are Uniswap, Curve Finance, Aerodrome Finance, Balancer, PancakeSwap, Velodrome Finance, Camelot DEX, SushiSwap and Trader Joe. Ambient (formerly CrocSwap) is listed as an emerging player.
Does Maverick Protocol have an API?
No public API is recorded for Maverick Protocol.
What industry is Maverick Protocol in?
Maverick Protocol's product category is Decentralized Exchange Protocol. Its primary akta.pro industry code is FSADABAA, Spot AMM DEXs, with a secondary code of FSADAMAB, Decentralized Exchanges (DEX) & AMMs. Its NAICS code is 52321 and its SIC code is 6200.