Okay, look. Every other "guide" out there treats Maverick like some magic yield machine where you dump cash and wake up rich. That's bullshit. The thing is, Maverick's killer feature - that dynamic liquidity shit - can eat your returns alive if you pick the wrong mode or ignore impermanent loss. I've seen friends lose 20-30% just because they went "Mode Right" on a dipping token without checking the range. Why does this matter? You gotta understand the modes first, or you're gambling, not maximizing.
And honestly? Gas fees on Ethereum can sting if you're not on zkSync. But stick with me - we'll fix that.
Maverick's this DeFi spot on Ethereum and zkSync Era. It's an AMM - automated market maker - but smarter. Instead of your liquidity sitting idle like in Uniswap, it auto concentrates where the action is. Traders get better prices. You, as LP, snag more fees. Swaps cost under 100k gas, which is cheap as hell.
In my experience, it's perfect if you wanna trade or provide liquidity without babysitting positions. Pools for ETH USDC, whatever. MAV's the token for governance and staking. Stake it for veMAV, vote on stuff, grab incentives. Pretty much DeFi basics, but optimized.
Sound familiar? You jump in without a wallet setup and fuck it up. Noob mistake.
Grab MetaMask or whatever. Add zkSync if you're smart - it's layer 2, saves gas. Head to mav.xyz, click "Connect Wallet." Boom. If you're new, their docs have a full walkthrough. I usually bridge some ETH or USDC via official zkSync bridge first. Takes 5 mins.
Pro tip: Fund with at least 0.01 ETH + tokens you wanna play with. Gas refunds on Maverick sometimes hit 30-80%, but don't count on it every time.
Swaps are dead simple. Go to the Swap tab. Pick from/to tokens - say ETH to USDC. Slider for amount. It'll show slippage, like 0.3% max usually. Hit swap, confirm in wallet. Done in seconds.
But here's the real talk: Fees are low, but on ETH mainnet? Could be $5-20. zkSync? Pennies. I've swapped 1 ETH worth no problem. Watch for high volatility - set limit if you're picky.
Now, Pools tab. This is where you maximize. Click a pool, like biggest ETH USDC one. Hit "Add Liquidity."
First, deposit amounts. It auto balances, but tweak if needed. Then the magic: pick a mode. This decides how your liquidity dances with price.
| Mode | What It Does | When I Use It | Risk Level |
|---|---|---|---|
| Right | Follows price up, sells base if down (like stop loss) | Bullish on token, ETH pumping | Medium |
| Left | Follows price down, buys base if up | Bearish, expect dip | Medium |
| Both | Tracks both ways, stays tight on current price | Sideways market, max fees | Low |
| Static | Fixed range, custom distro (flat, expo, single bin) | Pro moves, you set range | High (if wrong range) |
Okay, pick one. Say Mode Both for safety. Set range if Static - wider for chill, narrow for fees but IL risk. Deposit, say 100 USDC + equiv ETH. Confirm. Your position shows in Portfolio.
Fees accrue automatically. Compounded too - no manual claims. I've pulled 15-40% APR on stable ish pools. But yeah, IL can hit 10-20% on volatiles.
Want real juice? Don't just dump and pray. Here's how I push APYs over 50% sometimes.
The thing is, returns vary wild. Stablecoin pools: 5-15% APR. Volatile? 30%+ but IL bites. Track via Portfolio - shows unrealized P&L live.
Grab MAV on CEX like Binance first, then bridge to app. Use it for:
Staking: Lock MAV → veMAV. More lock, more vote power + rewards. I've staked 1k MAV, pulled 25% APR easy.
Governance: Vote on incentive pools. Direct rewards to high fee spots.
Why bother? veMAV holders steer emissions. Get in early on hyped pools.
Everyone messes up. Here's the dirt.
Impermanent Loss: Price swings? Your position rebalances, you lose vs holding. Fix: Mode Both or stables. Monitor - if >5% IL, remove/re add.
Gas Traps: ETH mainnet spikes to $50/tx. Fix: Use zkSync always. Or wait for dips.
Slippage Kills Swaps: Big trade in thin pool? 5% slip. Fix: Smaller sizes, or limit orders if avail.
Can't Withdraw? Pending fees? Wait 1 block. Or emergency remove ignores range.
In my experience, biggest killer's FOMO into volatile pools without mode tweak. Test small - 50 bucks first.
Portfolio tab. Click position. Remove slider - full or partial. Picks mode opposite to unwind. Confirm. Tokens back in wallet + fees. Gas ~same as add.
Pro move: Harvest fees first if separate button. Then remove principal.
Okay, you're comfy? Level up.
Custom ranges in Static: Expo distro for trends, flat for ranges. Single bin? High risk/reward, like limit order.
Boosted for new tokens: Teams pay big incentives. ETH only deposits rock.
Multi pool: Split across 3-5. Diversify IL.
I've run 10k in 4 pools - Mode Both on majors, Right on alts. Hit 35% avg last month. But markets change.
Questions pop up? Their docs crush it - linked everywhere. Discord too for live help.
Swaps: 0.3% total, LP share ~0.25%.
Liquidity add/remove: Gas 50-200k on zkSync (~$0.10-0.50). ETH main: 5x more.
APR examples (volatile markets):
| Pool Type | Base APR | With Incentives |
|---|---|---|
| ETH USDC Both | 10-25% | 30-50% |
| Volatile Alt Right | 20-40% | 50-100%+ |
| Stable Static | 5-15% | 20-30% |
MAV staking: 15-40% depending lock/epoch. MAV price floats ~$0.01-0.05. Buy low.
IL sim: 20% price move? 5-10% loss in wide range. Tight? 15%+.