Decentralized Prime Brokerage protocol for cross-dex margin trading.
Primex is the cross-chain prime brokerage liquidity protocol for cross-DEX margin trading with trader scoring mechanisms.
In Primex, lenders provide liquidity to pools where traders can use it for leveraged trading in cross-DEX environments, while lenders then have an opportunity to earn high yields; their interest is generated from margin fees and profits on successful trades.
Lenders have the flexibility to manage their risks and return by providing liquidity to a variety of risk buckets, subsets of liquidity pools that regulate trader risk strategies.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Dec 28, 2021 | Seed | $5.70M | 18 |
CoinFund
Stratos Technologies |
— | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
CoinFund | Yes | Seed |
Stratos Technologies | Yes | Seed |
Formless Capital | — | Seed |
GoldenTree Asset Management | — | Seed |
GSR | — | Seed |
HG Ventures | — | Seed |
Hypersphere Ventures | — | Seed |
LedgerPrime | — | Seed |
Magnus Capital | — | Seed |
Mapleblock Capital | — | Seed |