Ask about Primex Finance · freeTotal Value Locked$12,132
TVL by Chain
Polygon$7,881
Arbitrum$3,997
Ethereum$254.73
Base$0
Key Metrics
DEX Volume 30d$0
DEX Volume 30d by chain
Arbitrum$0
Base$0
Ethereum$0
Polygon$0
DEX Volume 7d$0
Arbitrum$0
Base$0
Ethereum$0
Polygon$0
DEX Volume 24h$0
Arbitrum$0
Base$0
Ethereum$0
Polygon$0
Cumulative DEX Volume$558.52m
Polygon$542.39m
Arbitrum$15.14m
Ethereum$899,758
Base$90,355
Market Cap$2,010
$PMX Price$0.0000078
Fully Diluted Valuation$7,802
$PMX Volume 24h$0
CEX Volume$0
DEX Volume$0
Staked$0(0% of mcap)
Treasury$1,657
Majors$339.41
Stablecoins$1,270
Own Tokens$0
Others$46.97
Total Raised$5.7m
Dec 28, 2021$5.7mRound: SeedInvestors: CoinFund, Formless Capital, GoldenTree Asset Management, GSR, HG Ventures, Hypersphere Ventures, LedgerPrime, Magnus Capital, MapleBlock Capital, Mask Network, Morningstar Ventures, NexGen Capital, Parachain Ventures, Peech Capital, Pragma Ventures, Stratos Technologies, Wintermute Trading, ZBS CAPITAL
Protocol Information
Primex Finance is a leveraged farming and trading protocol that offers the highest APYs in the market and margin trading of an unlimited range of tokens on DEXs. On Primex, borrowers utilize lender liquidity to leverage low-risk assets like LSTs and LRTs, RWAs, DEX LP positions as well as margin trade assets on spot DEXs, including those not available on CEXs including memecoins and AI agents. In its next version, the protocol will offer an advanced cross-margin portfolio with multiple positions in liquid staking, restaking, RWAs, and DEX LP tokens, all managed under a unified health factor and AI-powered rebalancing for yield optimization.
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubDEX Volume: Volume of all spot token swaps on the DEXView code on GitHubTreasury: Value of tokens owned by the protocolCompetitors
Primex Finance history
TVL is the default DefiLlama definition, which excludes Staking. Daily values are UTC snapshots from Oct 12, 2023 to Oct 22, 2026.
All-time high TVL: $751,202 on May 27, 2024. All-time low TVL: $369 on Oct 17, 2023.
Daily TVL, Sep 23, 2026 to Oct 22, 2026
| Date | TVL |
|---|---|
| Sep 23, 2026 | $12,829 |
| Sep 24, 2026 | $12,588 |
| Sep 25, 2026 | $12,585 |
| Sep 26, 2026 | $12,609 |
| Sep 27, 2026 | $12,627 |
| Sep 28, 2026 | $12,536 |
| Sep 29, 2026 | $12,497 |
| Sep 30, 2026 | $12,542 |
| Oct 1, 2026 | $12,567 |
| Oct 2, 2026 | $12,664 |
| Oct 3, 2026 | $12,612 |
| Oct 4, 2026 | $12,639 |
| Oct 5, 2026 | $12,794 |
| Oct 6, 2026 | $12,737 |
| Oct 7, 2026 | $12,694 |
| Oct 8, 2026 | $12,389 |
| Oct 9, 2026 | $12,258 |
| Oct 10, 2026 | $12,302 |
| Oct 11, 2026 | $12,352 |
| Oct 12, 2026 | $12,443 |
| Oct 13, 2026 | $12,372 |
| Oct 14, 2026 | $12,378 |
| Oct 15, 2026 | $12,170 |
| Oct 16, 2026 | $12,213 |
| Oct 17, 2026 | $12,170 |
| Oct 18, 2026 | $12,156 |
| Oct 19, 2026 | $12,217 |
| Oct 20, 2026 | $12,186 |
| Oct 21, 2026 | $12,275 |
| Oct 22, 2026 | $12,267 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $482,016 |
| Dec 31, 2024 | $480,711 |
| Jan 31, 2025 | $410,976 |
| Feb 28, 2025 | $247,323 |
| Mar 31, 2025 | $211,475 |
| Apr 30, 2025 | $204,401 |
| May 31, 2025 | $241,490 |
| Jun 30, 2025 | $248,397 |
| Jul 31, 2025 | $296,615 |
| Aug 31, 2025 | $290,741 |
| Sep 30, 2025 | $260,658 |
| Oct 31, 2025 | $33,450 |
| Nov 30, 2025 | $28,300 |
| Dec 31, 2025 | $27,205 |
| Jan 31, 2026 | $25,968 |
| Feb 28, 2026 | $23,763 |
| Mar 31, 2026 | $23,883 |
| Apr 30, 2026 | $24,553 |
| May 31, 2026 | $24,022 |
| Jun 30, 2026 | $22,483 |
| Jul 31, 2026 | $23,150 |
| Aug 31, 2026 | $11,901 |
| Sep 30, 2026 | $12,542 |
| Oct 22, 2026 (latest) | $12,267 |
TVL at each year end, Dec 31, 2023 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2023 | $252,885 |
| Dec 31, 2024 | $480,711 |
| Dec 31, 2025 | $27,205 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/primex-finance
Frequently asked questions
What is Primex Finance's TVL?
As of Oct 22, 2026, Primex Finance has $12,132 in total value locked. TVL has decreased 4.8% over the past 30 days.
What chains does Primex Finance operate on?
Primex Finance operates on 4 chains: Polygon, Arbitrum, Ethereum, and Base. Polygon holds the largest share at 65%.
What is the PMX token price and valuation?
PMX is currently trading at $0.0000078. Its circulating market capitalization is $2,010, ranking it #16,346. Its fully diluted valuation is $7,802. Supply currently stands at 257.69m circulating, 1b total supply, 1b maximum supply.
How has PMX performed recently?
PMX is down 74% over the past 7 days and down 88% over the past 30 days. Its all-time high is $0.036, reached on Feb 6, 2025. The token is currently 100% below that level.
How does Primex Finance's TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, Primex Finance ranks #157 by TVL. The category holds $1.946b across 425 protocols, and Primex Finance accounts for <0.1% of that total. Similar protocols include Contango V2, Vest Markets, Lynx, Defx, Everstrike, Apex Omni, Aevo Perps, Gains Network, ApeX Pro, and IPOR Derivatives.
How much trading volume does Primex Finance process?
Primex Finance processed $0 in DEX volume over the past 30 days.
Does Primex Finance have a treasury?
Primex Finance has a tracked treasury currently valued at $1,657. Its holdings include $1,270 in stablecoins, $339.41 in major assets, $46.97 in other assets.