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Prime Protocol
Prime Protocol is the first natively cross-chain prime brokerage. It allows users to deposit assets on one blockchain and borrow against them on another, consolidating all digital assets into one protocol to provide a unified line of credit.
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Description
Prime Protocol is a decentralized, natively cross-chain prime brokerage designed to unlock multichain DeFi liquidity and eliminate token bridges. The protocol provides instant liquidity across multiple blockchains, allowing users to deposit assets on any supported chain and borrow on any other, with cross-margining between all positions. This consolidates digital assets into a single, unified line of credit. The protocol also features Universal Access, allowing transactions to be initiated on any supported chain using gas fees from any other network on the platform. The protocol's security has been audited by top firms, and it has established partnerships with projects like Axelar, Moonbeam, and Chainlink. The team has experience from companies such as Citadel, Amazon, Netflix, and Yale.Grant Funding
VC Funding
None
2022
2024
$0
$4M