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Prime Protocol

Total Value Locked$250.25

TVL by Chain

Celo$236.39

Arbitrum$3.81

Base$3.42

Avalanche$3

BSC$1.98

Polygon$0.89

OP Mainnet$0.75

Ethereum$0.029

Moonbeam$0

Key Metrics

Active Loans$0

Total Raised$4m

Mar 18, 2022$2.75mRound: SeedInvestors: Arrington XRP Capital, Framework Ventures, Jump Crypto, Anjan Vinod, Hans Tung, Joshua Lim, Noah Jessop, Chris McCann, Roshun Patel, Jeff Kuanderulo

Sep 17, 2024$1.25mRound: Strategic RoundInvestors: Arrington Capital, WAGMI Ventures, CryptoDiscover, Daemon

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

Audits:

Methodology

TVL: Adds the deposits of each market to the borrows that were not redeposited into that market.View code on GitHub

Competitors

Frequently Asked Questions

What is Prime Protocol's TVL?

Prime Protocol currently has $250.25 in total value locked. TVL has decreased 99.9% over the past 30 days.

What chains does Prime Protocol operate on?

Prime Protocol operates on 9 chains: Celo, Arbitrum, Base, Avalanche, and BSC and 4 others. Celo holds the largest share at 94.5%.

How does Prime Protocol's TVL compare to similar protocols?

Among Lending protocols tracked by DefiLlama, Prime Protocol ranks #418 by TVL. The category holds $52.745b across 519 protocols, and Prime Protocol accounts for <0.1% of that total. Other leading protocols include Aave V3, Morpho Blue, OmniBTC, Tarot, Ajna V2, Unitus, Folks Finance xChain, dForce Lending, WePiggy, and Impermax V2.

How much has been borrowed through Prime Protocol?

Prime Protocol currently has $0 in active loans.