Prime Protocol

Lending

Prime Protocol Review

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.

$3 885 954

N/A

Promo bonus

No bonus for now

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Prime Protocol offers

USDC

2.67%

Status

Available

Flexible

$16 485

Polygon

USDC

4.15%

Status

Available

Flexible

$10 014

Arbitrum

USDC

14.99%

Status

Available

Flexible

$354 195

Moonbeam

GLMR

7.42%

Status

Available

Flexible

$713 154

Moonbeam

ETH

0.16%

Status

Available

Flexible

$281 059

Arbitrum

ARB

0.02%

Status

Available

Flexible

$59 391

Arbitrum

XCDOT

9.81%

Status

Available

Flexible

$90 887

Moonbeam

BNB

0.01%

Status

Available

Flexible

$70 473

BNB

WBTC

Status

Available

Flexible

$253 302

Arbitrum

ETH

0.03%

Status

Available

Flexible

$13 745

Ethereum

BTCB

0.15%

Status

Available

Flexible

$158 522

BNB

Coin

Action

USDC

2.67%

Flexible

$16 485

Polygon

USDC

4.15%

Flexible

$10 014

Arbitrum

USDC

14.99%

Flexible

$354 195

Moonbeam

GLMR

7.42%

Flexible

$713 154

Moonbeam

ETH

0.16%

Flexible

$281 059

Arbitrum

ARB

0.02%

Flexible

$59 391

Arbitrum

XCDOT

9.81%

Flexible

$90 887

Moonbeam

BNB

0.01%

Flexible

$70 473

BNB

WBTC

Flexible

$253 302

Arbitrum

ETH

0.03%

Flexible

$13 745

Ethereum

BTCB

0.15%

Flexible

$158 522

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 $3 885 954. 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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