Private beta — expect errors and inaccuracies
QooryBeta
Prime Protocol

Prime Protocol

Project

Decentralized Prime Brokerage

arbitrumavalanchebasebnb-chainceloStablecoin ProtocolLendingDeFi
Website@prime_protocol

About

Prime Protocol is a cross-chain prime brokerage. Similar to margin loans in traditional finance, Prime offers over-collateralized stablecoin loans backed by investors' entire digital portfolios, regardless of asset type or blockchain. Collateral can be deposited on any supported chain, and loans will be made available on any supported chain. Tags: DeFi Lending Stablecoin Protocol Ecosystem(): Ethereum Arbitrum Avalanche Moonbeam BNB Chain Optimism Founded:

History

2023
Feb 28, 2023security incidentmajor

Prime Protocol Flash Loan Exploit

$1.70M

2022
Mar 17, 2022funding

Seed Round

$2.75M

$2.75M · Framework Ventures, Jump Capital, Canonical Crypto

Recent News

RT @arrington: Prime Protocol @prime_protocol is starting to drive significant @MoonbeamNetwork usage. Check out the AVAX/GLMR pairs on @ax…

XMay 24, 2023

Team

Colton Conley
Colton Conley
Founder and CEO

Funding

Seed
2022
$2.8M
Framework VenturesFramework VenturesJump CapitalJump CapitalCanonical CryptoCanonical CryptoDaemon VenturesDaemon VenturesPattern ResearchPattern ResearchArrington CapitalArrington CapitalProof GroupProof GroupPattern ResearchPattern ResearchProof GroupProof GroupDaemon VenturesDaemon Ventures

Similar Projects

Compare →
Aave
Aave
Decentralized liquidity market for crypto assets
Hubble Protocol
Hubble Protocol
Solana borrowing and lending marketplace
River
River
Chain Abstraction Stablecoin System
Sky
Sky
Decentralized lending platform
Lista DAO
Lista DAO
Isolated markets for safer lending and liquid staking
Zest Protocol
Zest Protocol
Bitcoin lending protocol