Primex Finance is a non-custodial prime brokerage protocol that connects lenders with traders. It empowers traders to amplify their trading positions with leverage on DEXs such as Uniswap, Balancer, Curve, and others. On Primex, traders utilize lender funds as leverage for a variety of spot assets on existing spot trading venues without the necessity of trading in an isolated derivative DEX.
There are no specific restrictions or eligibility criteria apart from the following:
The Primex point-based achievement program is calling on the CoinList community to earn points through their activities as Lenders and Traders across any supported chain, including Ethereum mainnet, Polygon, and Arbitrum.
For Lenders, Primex offers:
- Daily rewards that match the amount of liquidity you provide.
- Milestones that celebrate the total value of your locked-in liquidity over time.
For Traders, the system rewards you based on:
- Trading volume.
- The number of trades you execute.
- The variety of trades you engage in.
- Consistent weekly trading activity.
During the campaign, 20,000,000 ePMX tokens will be distributed, representing 2% of the total token supply. ePMX is a non-transferable early version of PMX that will be available after the TGE later this year. At the TGE, the fully functional PMX token will launch and replace ePMX as the protocol’s native asset. When this happens, holders will have the ability to exchange their ePMX for PMX tokens.
Additional information regarding points and rewards can be found here.