.mavprotocol decentralized trading ecosystem secures $8 million from Pantera, Gemini: Details MaverickProtocol
Maverick Protocol completes strategic funding round with $8 million raised
The funding also yielded contributions from Altonomy, Circle Ventures, CMT Digital, Coral Ventures, Gemini Frontier Fund, GoldenTree Asset Management, Jump Crypto, LedgerPrime, Spartan Group, Taureon and Tron Foundation. DeFi needs someone to answer the demand for derivatives built on the mid-cap and long-tail assets that are underserved by existing exchanges. Pantera believes Maverick is the protocol to accomplish this. Its innovative market structure is poised to capture a significant chunk of the market by offering low slippage to traders and low-maintenance, capital-efficient staking to LPs.
Perpetual markets still lack the ability to quickly list new assets due to the intensive work required to spin up a sustainable market. With Maverick, we are here to change that paradigm by leveraging ALP . Markets can now be created by the community with way less capital, but still offer a great experience to traders.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Box Office: ‘Death on the Nile’ Drowns Competition With $12.8 Million DebutElsewhere, Universal's 'Marry Me' opened to $8 million at the number three spot.
Read more »
Crypto Funds Saw Fourth Week of Inflows as Ether Funds Turned AroundAs crypto markets recover from January's swoon, digital-asset investment funds continue to attract fresh investment. AngeliqueChen07 reports
Read more »
India's Life Insurance Corp files $8 billion IPO papersState-run Life Insurance Corporation of India (LIC) has filed draft papers with the market regulator to sell 5% of its shares to potentially raise nearly $8 billion, dwarfing the biggest IPO in Asia's third-largest economy by a considerable margin.
Read more »
High-Speed Las Vegas Train Back On Track As U.S. Reviews L.A. ExtensionBrightline, the only private passenger rail company in the U.S., could begin construction of its high-speed train from Las Vegas by early 2023 as U.S. regulators start reviewing an extension that would connect it to a Los Angeles suburb.
Read more »
China's Tech Giants Push Toward an $8 Trillion Metaverse Opportunity — One That Will Be Highly RegulatedChina’s technology giants from Tencent to Alibaba and ByteDance are investing in the metaverse, a market that could be worth $8 trillion in the future.
Read more »