Primex Finance

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

Primex Finance's governance or utility token carries a market capitalisation of US$1.5万 based on circulating supply at the latest DeFiLlama snapshot. Token market cap (US$1.5万) and TVL (US$2.5万) trade close together, giving a mcap/TVL multiple of 0.62× — broadly the range market participants treat as "fair" for an established DeFi protocol. A further US$479.3 sits in the protocol's native staking modules — these deposits are typically locked, vote-bonded, or earning a share of fees, and they reduce the freely circulating float that can hit the market.

Market cap and supply figures are sourced from DeFiLlama's price feed (which reconciles CoinGecko, CoinMarketCap, and on-chain DEX prices). Treasury and staking values reflect on-chain balances controlled by the protocol at last sync.

由 DeFiLlama 社区标记的重要事件——协议上线、安全攻击、治理变更和激励计划。

1. Oct 19, 2023
   上线 DeFiLlama

Primex Finance is a Derivatives protocol where traders open leveraged, perpetual, or option positions priced off oracle feeds and settled in collateral held by the contract. It is deployed across 4 chains, including Ethereum, Polygon, Arbitrum, Base. The codebase has been independently audited (1 report on file).

Primex Finance operates on 4 networks (Ethereum, Polygon, Arbitrum, Base), keeping its surface area narrower than chain-agnostic peers. Roughly 95% of its on-chain value sits on just three networks (Ethereum, Polygon, Arbitrum), so a fault on any one of them would affect a large slice of users. Price discovery relies on 3 oracle providers (Pyth, Chainlink, RedStone), which diversifies the data-feed surface but also expands the set of third parties users implicitly trust. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts. Token market cap (US$1.5万) and TVL (US$2.5万) trade at a ratio of 0.62, in the range generally considered normal for an established DeFi protocol.

Verified external resources for Primex Finance — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

Primex Finance is one of 7 Derivatives protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Jupiter Perpetual Exchange, Hyperliquid HLP, Drift Trade, and 3 more. These peer protocols collectively secure US$22.7亿 in deposits, giving you a frame of reference for whether Primex Finance's own TVL is at the top, middle, or tail of the category.

Jupiter Perpetual Exchange

TVL US$9.1亿 · 24h -0.27%

Hyperliquid HLP

TVL US$4.3亿 · 24h +0.11%

Drift Trade

TVL US$3.3亿 · 24h +0.22%

GMX V2 Perps

TVL US$2.7亿 · 24h -0.08%

Extended

TVL US$2亿 · 24h +0.06%

dYdX V4

TVL US$1.3亿 · 24h +0.58%