The Spartan Group

Spartan is a blockchain advisory and asset management firm that specializes in hedge funds, venture capital, and fundraising.

87 past transactions

August

Seed Round in 2023
Fractal expands the digital economy by providing institutional grade, capital efficient technology for assets on-chain.

AcadArena

Series A in 2023
AcadArena offers scholarships, tournaments, and play-to-earn opportunities for student gamers. The company helps students and gamers to develop their academic and gaming skills. AcadArena helps students realize their dreams and create the best campus gaming experience possible. AcadArena empowers all student gamers and educators everywhere, from scholarships to the top campus esports leagues for athletes. AcadArena was founded in 2019 by Ariane Lim, Kevin Hoang, and Justin Banusin.

NFTICALLY

Seed Round in 2023
NFTICALLY is a Whitelabel no-code NFT storefront, API, Tools & infrastructure to empower businesses to enable or launch NFTs in their business. NFTICALLY helps businesses and enterprises enable NFTs in their business through a white-label no-code storefront along with APIs, Infrastructure & Tools (Shopify for NFTs & more). It enables celebrities, influencers, gamers, clubs & enterprises to commercialize their digital assets under their own domain name or interface in a white-label NFT system, store, or NFT Marketplace without any technical knowledge.

SolanaFM

Seed Round in 2022
SolanaFM provides blockchain indexing and analytical services to quickly capture and analyze data.

Cookie3

Seed Round in 2022
Cookie3 is a pioneer in the field of behavioral analytics on the blockchain. We focus on interpreting customer profiles based on the individuals' wallet history. Our ultimate goal is domination in the behavioral analytics market on the blockchain, including Metaverse, Gaming, NFTs, DeFi, and the entire Web3 ecosystem.

CLST

Seed Round in 2022
CLST is establishing a global network of institutional borrowers and lenders to become the de facto gateway for the short-term digital assets debt market. We call it the New Money market. At CLST, we are committed to bridging the gap between TradFi and Crypto Native institutions, enabling and even catalyzing institutional adoption of digital assets.

Mero

Series A in 2022
Mero develops a reactive liquidity protocol where users can earn yield and register actions with their liquidity.

Blocklords

Seed Round in 2022
Blocklords is a team of gamers ourselves, we love creating memorable experiences that can be shared together with others.

Doppel

Seed Round in 2022
Doppel is revolutionizing social engineering defense with our AI + human-powered platform. We don’t just detect threats - we dismantle them. Phishing, BEC, impersonation, digital risks? Neutralized. Powered by Doppel Vision, our suite of tools — Brand Protection, Executive Protection, and Phishing Incident Response — adapts to every new threat in real time, securing your people, brand, and communications across channels.

Pine Protocol

Seed Round in 2022
Pine is a decentralized NFT-backed borrowing and lending protocol.

Coinshift

Series A in 2022
Coinshift provides a smart treasury management platform that helps businesses and decentralized autonomous organizations manage their crypto assets easily and empowers users to collaborate, approve transactions, and execute mass payouts. Their treasury management solution includes cash management, asset management, risk management, and reporting.

CyberConnect

Series A in 2022
CyberConnect is a decentralized social graph protocol with identity sovereignty for mass adoption and network effects.

Origins Analytics

Seed Round in 2022
Origins Analytics provides analytics software using on- and off-chain data.

Bastion

Series A in 2022
Bastion is a lending and exchange protocol built on Aurora, the Ethereum-compatible layer of the Near blockchain. Bastion builds an autonomous interest-rate engine with high-quality capital efficiency, quick transactions, low transaction fees, accurate liquidations, and leverages NEAR's underlying UX benefits. Users can deposit assets into the Bastion liquidity pool, and the protocol will generate collateral tokens. These cTokens earn interest based on the underlying asset value and can be used as loan collateral in the future.

Elumia

Seed Round in 2022
Elumia is a cash based game development company. Their games allow players to themselves in world zones, engaging in multiplayer adventures, quests, and fierce player battles with in game enemies and against other real time players. Their legends of elumia is a multiplayer online role playing game that allows players to gain full ownership of their in game assets using revolutionary new mechanics.

Shrapnel

Initial Coin Offering in 2022
Shrapnel moddable extraction shooter game, built by a unique team of BAFTA & Emmy Award-winning talent, using UE5 & blockchain.

TiTi Protocol

Seed Round in 2022
TiTi Protocol always monitors changes in the total value of reserve to calculate the average price of TiUSD in circulation and adjusts the market-making peg price of TiUSD in the primary market through the ReOrders mechanism.

Composable Finance

Series A in 2022
Composable Finance is creating infrastructure to unlock the multi-layer, and multi-chain future of Ethereum, and other layers 1 blockchain.

Zecrey

Angel Round in 2022
Zecrey aims to lower the entry barriers of blockchain by making it available for business and consumer use, while increasing privacy and security. Zecrey is a layer 2 scaling protocol based on zkRollup technology to safeguard users' ownership of their assets and ensure that the security of the system is as strong as the underlying mainchain. Zecrey was established in January, 2021 in Central Region, Singapore.

Nifty League

Seed Round in 2022
Nifty League is a web-focused game studio that decentralizes game development. It intends to build a studio for production and player engagement in order to encourage other independent developers to collaborate with them to create a decentralized future.

Bware Labs

Series A in 2022
Bware Labs mission revolves around tackling Web3 challenges and increasing its worldwide adoption by providing some of the industry’s most reliable infrastructure services and development tools

Potion Labs

Initial Coin Offering in 2022
Potion Labs is a base layer for a wide range of asset risk-management applications.

Summoners Arena

Venture Round in 2022
Summoners Arena is an idle-RPG blockchain-based game that integrates traditional and blockchain gaming to provide countless opportunities for players to take part in immersive gameplay, experience true ownership over gaming assets whilst earning crypto assets.

WingRiders

Seed Round in 2022
WingRiders is a British Virgin Islands-based exchange platform that leverages the benefits of Cardano to correct the issues plaguing DEXs on Ethereum.

Rift Finance

Venture Round in 2022
Rift Finance is a decentralized protocol that supercharges DAO growth through restructured incentive frameworks. Rift allows DAOs to deploy governance tokens from their treasuries to deepen token liquidity without having to give up ownership.

Spin

Seed Round in 2022
Founded in mid June 2021, Spin is building a multichain solution for on-chain derivatives trading that executes order book order execution model to provide users with CEX-competitive user experience. Spin is currently running on the NEAR Protocol and Solana blockchains.

Galaxy Fight Club

Seed Round in 2022
Galaxy Fight Club is a cross-IP, cross-platform PvP fighting game for different NFT collectors to battle with each other to earn rewards.

MyCointainer

Seed Round in 2022
We are a team of technologists, creatives & entrepreneurs with a very strong background in new, emerging cryptoeconomy. We also worked with international clients in the past. As the technology changes rapidly and grows in an exponential rate we believe there’s a tremendous opportunity to create products that fulfill a goal of connecting the communities globally. Both financial licences were obtained by MyCointainer to solidify a commitment to creating an easy, safe and transparent environment for both users and entities.

Airwaive

Seed Round in 2022
Airwaive connects wireless service providers with home & business owners.

Galxe

Series A in 2022
Galxe is the leading Web3 credential data network in the world. A collaborative credential infrastructure enabling brands and developers to engage communities and build robust products in Web3. (Previously known as Project Galaxy)

Digital Entertainment Asset

Seed Round in 2022
Digital Entertainment Asset is an IT services company that offers web3 advertising, gaming, and media services.

Hubble Protocol

Venture Round in 2022
Hubble is a decentralized financial protocol that allows for long-term borrowing, lending, and structured products.

Wilder World

Venture Round in 2022
Wilder World is a community-owned, fully decentralized, liquid NFT market and social platform with no artist fees and its own dynamic token system that rewards participants. The company's NFTs use blockchain, the transparent and secure decentralized ledger technology that can verify the uniqueness of collectible NFT digital items. Wilder World was founded in 2019 and is based in San Francisco, California.

Bribe

Seed Round in 2022
Bribe is an Incentivized DeFi Governance marketplace platform. Bribe Protocol revolutionizes decentralized governance (dGov) by coordinating those voters into powerful coalitions up for auction so that anyone can benefit from governance marketplaces, not just whales.

Graffle

Seed Round in 2022
Our thin layer over the Flow blockchain allows developers to read, write, and query the blockchain using any language. Graffle provides access to the blockchain through APIs, webhooks, and websockets — enabling teams to build without technical barriers. Providing developers with our toolkit and infrastructure allows them to create consumer experiences without the complexity of adopting Blockchain as their infrastructure.

B.Protocol

Seed Round in 2021
B.Protocol is building a Backstop DeFi primitive unlocking higher capital efficiency.

Gear Technologies.

Series A in 2021
Gear is a technology company actively contributing to the development of the Gear Protocol. The protocol, supported by the Gear Foundation, unlocks remarkable Web3 capabilities while ensuring a user experience similar to Web2. It introduces improved speed, security, and automation, bringing significant advancements to smart contract development.

starly

Series A in 2021
Starly is a launchpad and marketplace for gamified NFT collections. Aimed to make the NFT creating, selling, and collecting as simple as possible, it offers the ultimate experience to creators and their fans. Created by an experienced team who previously founded social networks F3 with 30+ million users and Ask.fm with 150+ million users, Starly is powered by the engines and techniques used for creating virality.

Solv Protocol

Series A in 2021
Solv Protocol is the decentralized platform for creating, managing, and trading Financial NFTs. As its first Financial NFT product, Vesting Vouchers are fractionalized NFTs representing lock-up vesting tokens, thus releasing their liquidity and enabling financial scenarios such as fundraising, community building, and token liquidity management for crypto projects.

Syn City

Venture Round in 2021
Syn City is the Mafia Metaverse bridging the gap between real-world NFT utilities & decentralized finance (Defi) functions. The platform’s native token, SYN, offers players access to several earning opportunities like events and governance rewards.

BlockchainSpace

Seed Round in 2021
BlockchainSpace builds tools to empower play-to-earn communities, and also runs several educational academies that identify economic opportunities in play-to-earn games and shares learnings for new guilds to enter the space.

ConsenSys

Series C in 2021
ConsenSys is a leading blockchain venture production studio focused on building a robust ecosystem of consumer-oriented products and enterprise solutions, primarily utilizing Ethereum technology. The company aims to facilitate the transition to Web 3.0, which it envisions as a foundation for more open, efficient, and accessible economic systems. ConsenSys identifies opportunities for software development and promotes collaboration among various ventures to enhance innovation and idea exchange. By creating platforms, applications, and tools that support Web 3.0, ConsenSys strives to ensure these solutions effectively meet customer needs. The organization also collaborates with blockchain experts and partners to develop open infrastructure, positioning itself at the forefront of technological advancements that have the potential to disrupt various industries.

Open Meta Association

Initial Coin Offering in 2021
The Open Meta Association views the emergent metaverse as a public utility that everyone can use and upon which anyone can build and most importantly, derive value. The Open Meta Association is a community-driven DAO that invests in blockchain-agnostic initiatives that support the metaverse, both in gaming and the growth of the ecosystem at large.

PStake

Seed Round in 2021
Pstake is a platform that stakes your assets safely to receive staking rewards and pegged staked representative tokens that can be utilized in DeFi.

Syndica

Seed Round in 2021
Syndica is a Web 3.0 developer infrastructure company focusing on providing cloud-like infrastructure and advanced developer tooling and APIs to the Solana ecosystem.

Beta Finance

Venture Round in 2021
Beta Finance is a permissionless money market protocol for lending, borrowing, and short-selling crypto assets. It aims to offset crypto volatility and bring market stability. Its one-click solution enables traders without technical know-how to manage and update their short positions on any token with all relevant token information directly available on the interface to guide their decision.

nameless

Seed Round in 2021
StealthTest provides a comprehensive sandbox for battle-testing Web3 experiences within private, secure and isolated testing environments.

DeNet

Pre Seed Round in 2021
DeNet is a building ecosystem based on decentralized data storage. It targets users who want to have the convenience of Google Drive-like experience, high data security of services like ProtonMail and DuckDuckGo, and affordable product price. It is also a perfect solution for safely storing NFTs.

Olivex

Seed Round in 2021
OliveX is a digital lifestyle company with a focus on the health and fitness industry. It operates as a subscription-based business, providing applications, smart technology, and a user experience that is built on artificial intelligence, gamification, and premium content. With users in over 170 countries including Hong Kong, Australia, and China, OliveX enables brands, influencers, and fitness coaches to engage with their consumers when at home.

Breadcrumbs App

Seed Round in 2021
Breadcrumbs is a blockchain analytics platform accessible to everyone. It offers a range of tools for investigating, monitoring, tracking and sharing relevant information on blockchain transactions.

P0x Labs

Seed Round in 2021
P0x labs is the team behind Manta Network is a privacy-preserving technology operating on the Polkadot blockchain.

Concept Art House

Series A in 2021
Concept Art House is a leading art service provider and original IP studio in the East and the West. They are a company of professional artists and industry veterans. They are fast-paced, energetic, and passionate about the work they do for their high-profile clients as well as on their own original properties.

Taker Protocol

Seed Round in 2021
Taker Protocol is a cryptocurrency liquidity protocol for NFTs.

LayerZero

Series A in 2021
LayerZero Labs is a company focused on blockchain interoperability, providing a protocol that connects decentralized applications (dapps) across different blockchains. Its platform enhances data exchange by utilizing an on-chain light node for validation, which streamlines the process of handling block headers. Instead of storing all block headers in sequence, LayerZero employs decentralized oracles to deliver block headers on demand. This approach not only increases speed and security but also improves cost efficiency, enabling clients to develop cross-chain applications with a simple communication framework. Through its innovative technology, LayerZero aims to facilitate seamless interactions between diverse blockchain networks.

Credora

Series A in 2021
Credora is building confidence in credit markets through privacy-preserving technology that enables real-time credit analytics and powers transparent and efficient markets. To date, Credora has facilitated $1b+ in uncollateralized loans across 100+ borrowers & lenders and can help well-capitalized, risk-managed borrowers borrow transparently and securely. Credora currently monitors over $4 billion of borrower assets with coverage across the majority of CeFi and DeFi venues.

Coin98

Venture Round in 2021
Coin98 is a Crypto-focused software company.

ClayStack

Seed Round in 2021
ClayStack is the next-generation blockchain-agnostic staking protocol that enables users to unlock the power of staked digital assets in the form of liquid staking derivative tokens.

BitDAO

Private Equity Round in 2021
BitDAO is one of the world's newest and largest decentralized autonomous organizations, formed with the vision of leveling the economic playing field for every person in the world through the acceleration of the decentralized tokenized economy. The company allocates significant financial and talent resources to drive decentralized finance growth.

Coinomo

Seed Round in 2021
Coinomo operates as a blockchain firm. Coinomo offers OMO finance, a platform that serves as a higher-order product, catering to more seasoned crypto investors, to join and enjoy the raging waves of the crypto movement on the main street.

Composable Finance

Venture Round in 2021
Composable Finance is creating infrastructure to unlock the multi-layer, and multi-chain future of Ethereum, and other layers 1 blockchain.

Pintu

Series A in 2021
Pintu is a crypto assets platform for buying, selling, and investing in Bitcoin and Blockchain-based assets. Its application provides the opportunity to access a new open financial system to let users buy, sell, manage, and utilize cryptocurrency easily and quickly. Pintu was founded in 2020 and is headquartered in Jakarta, Indonesia.

Bware Labs

Seed Round in 2021
Bware Labs mission revolves around tackling Web3 challenges and increasing its worldwide adoption by providing some of the industry’s most reliable infrastructure services and development tools

Zapper

Series A in 2021
Zapper is a fintech platform that manages all DeFi assets from one simple interface. It levels the playing field for decentralized finance (DeFi) newcomers and the most advanced investors by providing shortcuts (Zaps) to enter DeFi lending, automated yield farming, and liquidity provisions.

Solv Protocol

Angel Round in 2021
Solv Protocol is the decentralized platform for creating, managing, and trading Financial NFTs. As its first Financial NFT product, Vesting Vouchers are fractionalized NFTs representing lock-up vesting tokens, thus releasing their liquidity and enabling financial scenarios such as fundraising, community building, and token liquidity management for crypto projects.

Wilder World

Initial Coin Offering in 2021
Wilder World is a community-owned, fully decentralized, liquid NFT market and social platform with no artist fees and its own dynamic token system that rewards participants. The company's NFTs use blockchain, the transparent and secure decentralized ledger technology that can verify the uniqueness of collectible NFT digital items. Wilder World was founded in 2019 and is based in San Francisco, California.

Solv Protocol

Seed Round in 2021
Solv Protocol is the decentralized platform for creating, managing, and trading Financial NFTs. As its first Financial NFT product, Vesting Vouchers are fractionalized NFTs representing lock-up vesting tokens, thus releasing their liquidity and enabling financial scenarios such as fundraising, community building, and token liquidity management for crypto projects.

Pendle Finance

Seed Round in 2021
Pendle Finance is a decentralized finance protocol that allows users to tokenize and sell future yields.

Qredo

Seed Round in 2021
Qredo Ltd operates an online platform that powers institutional traders to secure and accelerate the movement of digital assets on an open protocol. It provides an open protocol, multi-party computation network, matrix, and secure hardware. The company was incorporated in 2011 and is based in London, United Kingdom.

Notional Finance

Series A in 2021
Notional is a decentralized protocol for fixed rate, fixed term lending and borrowing of crypto assets on Ethereum. Users can lend or borrow stablecoins at fixed rates of interest for terms of up to six months using a variety of assets as collateral. Notional achieves fixed rate lending via a primitive called fCash, which is redeemable for an underlying currency like DAI upon the fCash token’s maturity date. Notional operates specialized liquidity pools that allow users to efficiently trade cash for fCash and vice versa. The exchange rate that a user receives on their trade implies a fixed rate of interest from the time of trade until the fCash token’s maturity. Notional is flexible and configurable. The protocol can add additional assets for lending and borrowing, additional collateral types, and additional maturities beyond six months. The community intends to broaden Notional’s scope over time to include a wider array of supported assets and extended available maturities. Notional prioritizes security. The protocol team works with industry leaders to ensure that the smart contracts are technically secure and that the economic assumptions applied in the protocol’s design are sound.

NAOS Finance

Series A in 2021
NAOS Finance is an operator of a decentralized finance platform that aims to give a decentralized alternative to traditional finance. Its platform facilitates both Defi lenders and SME borrowers to interact in a permission-less manner on the blockchain and enables the origination and funding of loans without traditional intermediaries, enabling lenders to get stable and recurring income streams while also connecting the on-chain world with bigger off-chain opportunities.

BENQI Corpo

Funding Round in 2021
Developed by an experienced team of blockchain designers, BENQI is a protocol to unlock greater liquidity within the defi market. BENQI enables defi users to make their assets work harder to generate additional yield. Built on Avalanche’s high speed smart contract network, BENQI will evolve into a cross-chain defi hub that’s positioned at the heart of decentralized finance.

Coin98

Seed Round in 2021
Coin98 is a Crypto-focused software company.

Enso Finance

Venture Round in 2021
The world's first intent engine powering the intent-centric future. A layer-1 tendermint-based blockchain, storing state from EVM, SVM, and MVM chains to enable execution on all blockchain frameworks.

BENQI Finance

Private Equity Round in 2021
BENQi is built on Avalanche combining elements of defi and tradfi to create a liquidity protocol. BENQi aims to bridge Ethereum, Polkadot, and Binance Smart Chain through Avalanche's subnets by becoming a cross-chain defi.

Delta Exchange

Initial Coin Offering in 2021
Delta Exchange is a crypto derivatives exchange. Delta offers a wide range of derivatives futures, perpetual contracts, options, interest rate swaps and calendar spread. Delta's strength is is options trading, where it is #2 player globally with a market share of over 25%. The exchange offers USDT settled options on 8 underlyings that include bitcoin, ether, solana, BNB and Matic. Traders can not only trade options on multiple underlyings with USDT balance, but can also enjoy many advanced features such as multiple margin modes (isolated and portfolio margin), strategy builder and basket orders.

NAOS Finance

Seed Round in 2021
NAOS Finance is an operator of a decentralized finance platform that aims to give a decentralized alternative to traditional finance. Its platform facilitates both Defi lenders and SME borrowers to interact in a permission-less manner on the blockchain and enables the origination and funding of loans without traditional intermediaries, enabling lenders to get stable and recurring income streams while also connecting the on-chain world with bigger off-chain opportunities.

SIREN

Seed Round in 2021
SIREN is a distributed protocol creating a decentralized blockchain exchange for options trading on Ethereum. The company is focused on creating a high-quality, seamless experience for sophisticated users and requires no third-party settling mechanism or order matching to complete option settlement on-chain. It allows for both buyers and sellers to mint, buy, and trade in and out of options positions at any time. SIREN was founded in 2020 and is based in San Francisco, CA.

dYdX

Series B in 2021
dYdX is a leading decentralized exchange built by developers on a mission to build open, secure, and powerful financial products. dYdX runs on audited smart contracts on Ethereum, which eliminates the need to trust a central exchange while trading. We combine the security and transparency of a decentralized exchange, with the speed and usability of a centralized exchange. Founded back in 2017 from ex-Coinbase and Uber engineer, Antonio Juliano, dYdX is a leading decentralized exchange offering Perpetual, Margin, & Spot trading, as well as borrow / lend pools on Ethereum. Users can earn interest or take loans for a nominal fee as well as trade on margin with custom leverage. Trade your crypto, the safe and secure way, with dYdX

1inch Labs

Series A in 2020
1inch Limited is the prevalent contributor to 1inch Network. It develops the software, supports it, develops new features for 1inch Network. 1inch Limited works on supporting and improving the Pathfinder – the basis of the Aggregation Protocol and 1inch Network – as a software development company. The API to the Pathfinder is licensed and sold to external parties for commercial purposes under the API License Agreements. 1inch Limited is located at 2nd Floor Ellen L. Skelton Building, Fishers Ln, Road Town VG1110, British Virgin Islands. 1inch Limited also provides the PMM Integration Services, namely the services of integration of the third-party’s API to provide access to the third-party liquidity so that it is discoverable by Pathfinder. 1inch Wallet is a mobile app available in various application stores. Front-end and back-end of the app are developed and run by 1inch Limited.

SIREN

Seed Round in 2020
SIREN is a distributed protocol creating a decentralized blockchain exchange for options trading on Ethereum. The company is focused on creating a high-quality, seamless experience for sophisticated users and requires no third-party settling mechanism or order matching to complete option settlement on-chain. It allows for both buyers and sellers to mint, buy, and trade in and out of options positions at any time. SIREN was founded in 2020 and is based in San Francisco, CA.

Horizon Finance

Seed Round in 2020
Horizon Finance is a platform focused on decentralized interest rate markets and protocol cash flow markets. It allows users to deposit their funds and compete for preferential payment by capping their yield, thereby outperforming or underperforming the benchmark interest rate.

Acala Network

Series A in 2020
Acala Network is a decentralized finance hub and stablecoin platform powering cross-blockchain liquidity and applications. It offers a suite of financial primitives: a multi-collateralized stablecoin backed by cross-chain assets such as Bitcoin, a trustless staking derivative, and a decentralized exchange to unleash liquidity to power more financial innovations.

Stacks

Corporate Round in 2019
Blockstack is a decentralized computing network that puts users in control of their data and login. It’s the easiest way to build decentralized apps that can scale. Blockstack enables engineers to build secure, privacy-focused applications: users are in control of their data instead of storing it with large tech companies. Over 120 independent developer teams have built apps on Blockstack.

Band Protocol

Seed Round in 2019
Band Protocol is a cross-chain data oracle platform that aggregates and connects real-world data and APIs to smart contracts. Blockchains are great at immutable storage and deterministic, verifiable computations - however, they cannot securely access data available outside the blockchain networks. Band Protocol enables smart contract applications such as DeFi, prediction markets, and games to be built on-chain without relying on the single point of failure of a centralized oracle.

Ampleforth

Venture Round in 2018
Ampleforth is the name of a character in George Orwell's 1984 who is responsible for translating poetry into Newspeak, a language designed to limit freedom of thought. When tasked to replace the word “God” in a Kipling poem, Ampleforth refuses, not out of righteousness, or subversiveness, but rather, a simple love for language and respect for the truth. To Ampleforth, no other word makes sense in context and therefore no other word should replace it.
DeversiFi gives traders the edge in fast-moving decentralized finance (Defi) markets by allowing them to trade at lightning speed and with deep aggregated liquidity, directly from their privately owned cryptocurrency wallet. Traders can take advantage of more trading opportunities while always preserving control of their assets when they need to move fast. DeversiFi’s order-books are off-chain, but settlement occurs on the Ethereum blockchain. This means that traders benefit from fast-moving order books and instant execution, without having to trust the exchange and whilst always maintaining control of their assets at all times.
The DeFi infrastructure built to facilitate the most liquid markets, powered by Maverick AMM.
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