Prime Protocol

Total Value Locked$975,778

Chain Breakdown
Avalanche	$271.18k
Arbitrum	$196.05k
BSC	$176.08k
Moonbeam	$115.1k
Base	$94.47k
OP Mainnet	$46.51k
Ethereum	$45.15k
Polygon	$25.99k
Celo	$5.24k

Include in TVL (optional)
Borrowed	$292.69k

USD AVAX

Information

Protocol Information

Prime Protocol is the first natively cross-chain decentralized liquidity protocol, serving as a prime brokerage for the entire crypto ecosystem. Borrowers can deposit collateral on any supported blockchain, and receive liquidity on any other chain regardless of original collateral location. All borrows and deposits are cross-margined, so users have the experience of operating from one account across many blockchains.

Category: Lending

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Token Information

Methodology

Adds the deposits of each market to the borrows that were not redeposited into that market.

Check the code

Competitors

AAVE V3 ($17.78b)Euler V2 ($653.54m)AAVE V2 ($280.11m)Benqi Lending ($250.34m)TermFinance Lend ($34.28m)JustLend ($3.67b)Morpho Blue ($2.58b)SparkLend ($2.01b)Kamino Lend ($1.75b)Compound V3 ($1.73b)

Raises

Total raised: 4m
3/18/2022 : Seed - Raised $2.75m
9/17/2024 : Strategic Round - Raised $1.25m