Prime Protocol

Total Value Locked$4,533,282

Chain Breakdown
Moonbeam	$1.62m
Arbitrum	$1.1m
Avalanche	$847.25k
BSC	$295.07k
Polygon	$263.47k
Optimism	$165k
Base	$142.73k
Ethereum	$83.74k
Celo	$11.48k

Include in TVL (optional)
Borrowed	$2.07m

USD GLMR

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.

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Competitors

Moonwell ($91.74m)WePiggy ($2.23m)ParaSpace Lending V1 ($503.68k)Midas Capital ($440.53k)Orbiter One ($22.89k)AAVE V3 ($10.7b)JustLend ($6.01b)Spark ($2.35b)Venus Core Pool ($1.63b)Compound V3 ($1.4b)

Raises

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