What is Primex

Primex is the cross-chain prime brokerage protocol for cross-DEX margin trading. 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 will have the flexibility to manage their risks and return by providing liquidity to a variety of Credit Buckets, subsets of liquidity pools that regulate trader risk strategies.

Primex is in its Alpha stage and doesn’t have its own token yet. Early users who participate in the Early User Program may get an airdrop if they actively test all the Primex’s versions (Alpha, Beta) once the Primex Finance launches the PMX token.