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Prime Protocol
Prime Protocol

Prime Protocol

Lending

Prime Protocol, launched on May 9, 2023, offers users a way to borrow across multiple blockchains like Moonbeam, Ethereum, Arbitrum, and Avalanche without needing token bridges. This setup not only improves security but also makes the process simpler for users. Since its early testnet days in September 2022, Prime has grown significantly, supported by investors like Framework Ventures, Arrington Capital, and Jump Crypto, and has now reached over 51,000 users. The protocol is built with Moonbeam’s connected contracts and Axelar’s General Message Passing (GMP) to streamline cross-chain transactions, providing a seamless, secure experience that’s designed to meet the evolving needs of DeFi enthusiasts.

TVL
$4 592 840
Blockchain
N/A
Promo bonus
No bonus for now
Go to protocol

Prime Protocol offers

USDC
Est. APY
2.62%
Status
Available
Term
Flexible
TVL$12 382
Blockchain
Polygon
Polygon
USDC
Est. APY
2.28%
Status
Available
Term
Flexible
TVL$12 961
Blockchain
Avalanche
Avalanche
USDC
Est. APY
14.23%
Status
Available
Term
Flexible
TVL$738 509
Blockchain
Moonbeam
Moonbeam
GLMR
Est. APY
8.83%
Status
Available
Term
Flexible
TVL$1 008 650
Blockchain
Moonbeam
Moonbeam
ETH
Est. APY
0.06%
Status
Available
Term
Flexible
TVL$358 915
Blockchain
Arbitrum
Arbitrum
ARB
Est. APY
0.04%
Status
Available
Term
Flexible
TVL$67 349
Blockchain
Arbitrum
Arbitrum
XCDOT
Est. APY
9.69%
Status
Available
Term
Flexible
TVL$181 657
Blockchain
Moonbeam
Moonbeam
BNB
Est. APY
0.01%
Status
Available
Term
Flexible
TVL$77 720
Blockchain
BNB
BNB
ETH
Est. APY
0.05%
Status
Available
Term
Flexible
TVL$13 076
Blockchain
Ethereum
Ethereum
ETH
Est. APY
0.21%
Status
Available
Term
Flexible
TVL$16 464
Blockchain
BNB
BNB
BTCB
Est. APY
0.02%
Status
Available
Term
Flexible
TVL$81 118
Blockchain
BNB
BNB

Crypto earn alerts on Prime Protocol

Criffy provides an ideal way to stay on top of earning programs across protocols and dApps. For Prime Protocol, you can easily track new earning opportunities, monitor APY changes for specific offers, and receive notifications when you can start earning interest on a particular cryptocurrency. Setting up an alert helps you stay informed about the best earning opportunities on Prime Protocol.

Earning crypto on Prime Protocol

Protocols and dApps offer various options to earn crypto, like lending or participating in liquidity pools. With Criffy, you can easily track five different earning options from Prime Protocol. Check the table above for all the details.

Current TVL of the Prime Protocol protocol

The Prime Protocol protocol's Total Value Locked (TVL) is currently $4 592 840. TVL is a helpful metric in DeFi, showing the total assets users have deposited into a protocol’s smart contracts. It gives a snapshot of liquidity and the level of trust from the community, helping to show how much value a platform like Prime Protocol is holding.

Prime Protocol protocol type

Prime Protocol is a decentralized finance lending platform that allows users to earn interest by lending assets or expand their holdings through borrowing. Built with smart contracts, Prime Protocol provides a secure and transparent environment for transactions, offering flexibility and control without traditional intermediaries.

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