Cross-chain prime brokerage protocol  rolls out a serious replace to its software. Launching in two levels, Beta 0.3.0 introduces quite a lot of new options, in addition to enhancements and fixes of current functionalities.

Beginning on January twelfth, 2023, Part 1 was completely accessible for Primex Early Customers, who may very well be the primary to have a hands-on expertise with Beta 0.3.0. Any longer, Early Customers will get privileged entry to all main protocol updates sooner or later (starting from Beta 0.3.0). Along with the prospect to check new releases earlier than different group members,  additionally get pleasure from additional advantages, reminiscent of direct communication with the Primex workforce and fellow Early Customers by way of Discord, in addition to the power to take part in non-public challenges and earn unique prizes.

On January 18th, 2023, the Primex workforce will open entry for the general public to Beta 0.3.0, permitting anybody to  and check the brand new launch with out restrictions.

Beta 0.3.0 introduces 4 new core options. As the primary and an important, Primex now deploys to 2 new blockchains: the Polygon Mumbai and Polygon zkEVM testnets. Consequently, customers can now check Primex by buying and selling and lending digital property on DEXs throughout 4 completely different blockchains (Ethereum Goerli, zkSync 2.0 testnet, Polygon Mumbai, and Polygon zkEVM testnet). With the brand new multi-chain performance, merchants and lenders can now swap between completely different networks by way of a single interface.

“After we requested our group which chains we must always deploy Primex on, Polygon was by far the best choice amongst voters. Whereas we have been glad in regards to the outcomes, they did not come as a shock for our workforce. Mumbai is the testnet of Polygon PoS, the Layer 2 blockchain with the best DeFi TVL that may obtain as much as 7,000 TPS. However, zkEVM is a more moderen resolution that makes use of ZK-rollups by way of the ultra-fast Polygon Zero know-how to realize a 90% price discount for customers on Ethereum’s L2. For these causes, it makes nice sense to deploy Primex on the testnets of those two blockchains,” mentioned Vlad Kostanda, Primex Finance’s Co-Founder.

Apart from the above core options, the Primex workforce launched extra adjustments to the protocol as a part of the Beta 0.3.0 replace, together with:

• Help for the OKX Pockets, which customers can now make the most of to attach their wallets to Primex alongside MetaMask and WalletConnect

• The combination of the QuickSwap v2 DEX on Polygon Mumbai

• Enhanced buying and selling expertise by way of a brand new bot that periodically synchronizes asset costs on the testnet with the mainnet

• Improved UX for downloading buying and selling historical past

• The power to see the date and time when an order or place was created on the buying and selling web page

• Bug fixes associated to the interpretation of the Primex software’s sure elements and translation delays after a consumer switches between languages

• Extra optimizations and bug fixes

Based in 2021, Primex Finance is the first-ever cross-chain prime brokerage protocol that seeks to resolve the DeFi market’s liquidity fragmentation difficulty by enabling spot margin buying and selling backed by lenders throughout quite a few DEXs and blockchains with a very decentralized commerce execution mechanism. In September 2022, the workforce superior to the subsequent stage of its roadmap by launching the platform’s Beta launch. Not too long ago, the challenge rolled out Beta 0.3.0, a serious replace to the protocol introducing a variety of necessary options, functionalities, and fixes. For extra data, go to Primex’s  and .

CMO
Anton Demenko
PrimexLabs OÜ
anton@primex.finance