Total Value Locked$11,284
TVL by Chain
Polygon$7,255
Arbitrum$3,782
Ethereum$247.51
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
Staked$0
Treasury$1,604
Majors$295.35
Stablecoins$1,260
Own Tokens$0
Others$48.09
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:
Primex Finance history
TVL is the default DefiLlama definition, which excludes Staking. Daily values are UTC snapshots from Oct 12, 2023 to Nov 12, 2026.
All-time high TVL: $751,202 on May 27, 2024. All-time low TVL: $369 on Oct 17, 2023.
Daily TVL, Oct 14, 2026 to Nov 12, 2026
| Date | TVL |
|---|---|
| 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 |
| Oct 23, 2026 | $12,123 |
| Oct 24, 2026 | $12,052 |
| Oct 25, 2026 | $12,048 |
| Oct 26, 2026 | $11,950 |
| Oct 27, 2026 | $11,932 |
| Oct 28, 2026 | $12,056 |
| Oct 29, 2026 | $11,935 |
| Oct 30, 2026 | $11,655 |
| Oct 31, 2026 | $11,739 |
| Nov 1, 2026 | $11,770 |
| Nov 2, 2026 | $11,826 |
| Nov 3, 2026 | $11,674 |
| Nov 4, 2026 | $11,713 |
| Nov 5, 2026 | $12,109 |
| Nov 6, 2026 | $11,615 |
| Nov 7, 2026 | $11,637 |
| Nov 8, 2026 | $11,603 |
| Nov 9, 2026 | $11,473 |
| Nov 10, 2026 | $11,440 |
| Nov 11, 2026 | $11,323 |
| Nov 12, 2026 | $11,336 |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| 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 31, 2026 | $11,739 |
| Nov 12, 2026 (latest) | $11,336 |
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 Nov 12, 2026, Primex Finance has $11,284 in total value locked. TVL has decreased 8.8% 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 64.3%.
How does Primex Finance's TVL compare to similar protocols?
Among Derivatives protocols tracked by DefiLlama, Primex Finance ranks #153 by TVL. The category holds $1.788b across 424 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 $1,604. Its holdings include $1,260 in stablecoins, $295.35 in major assets, $48.09 in other assets.