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Prime Protocol
Total Value Locked$353,053
TVL by Chain
Moonbeam$78,092
Arbitrum$75,840
Base$56,777
BSC$48,932
Avalanche$30,977
OP Mainnet$28,463
Polygon$20,640
Ethereum$11,586
Celo$1,746
Key Metrics
Active Loans-$29,173
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.
Audits:
Methodology
TVL: Adds the deposits of each market to the borrows that were not redeposited into that market.View code on GitHubCompetitors
Frequently Asked Questions
What is Prime Protocol's TVL?
Prime Protocol currently has $353,053 in total value locked. TVL has increased 1.6% over the past 30 days.
What chains does Prime Protocol operate on?
Prime Protocol operates on 9 chains: Moonbeam, Arbitrum, Base, BSC, and Avalanche and 4 others. Moonbeam holds the largest share at 22.1%.
How does Prime Protocol's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Prime Protocol ranks #165 by TVL. The category holds $55.804b across 523 protocols, and Prime Protocol accounts for <0.1% of that total. Other leading protocols include Aave V3, Morpho Blue, OmniBTC, Tarot, Ajna V2, Folks Finance xChain, Unitus, dForce Lending, WePiggy, and Impermax V2.
How much has been borrowed through Prime Protocol?
Prime Protocol currently has -$29,173 in active loans.