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Maverick raises $8m in new funding

Decentralized permissionless derivatives protocol raised $8m in new funding led by Pantera Capital. 

As it stands, crypto derivatives account for close to 50% of the total trading volumes. However, the DeFi ecosystem lags behind when it comes to derivative instruments. Most of the existing permissionless protocols have listed less than 30 trading pairs, a figure that is yet to match the featured pairs on centralized crypto derivative markets.

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defi