Background

Primex Finance

Primex is a non-custodial protocol that seamlessly connects lenders with traders, empowering traders to amplify their trading positions with leverage on popular decentralized exchanges (DEXs), such as Uniswap, Balancer, Curve, and more.

As a trader, enjoy several benefits without relying on any centralized party. Utilize a range of trader tools, such as limit orders and position management, while using interfaces that are similar to the ones on centralized exchanges. By using multiple DEXs aggregated by Primex, you can achieve optimal pricing for your trades.

As a lender, you have an opportunity to earn passive yield and additional rewards by depositing your funds into the special liquidity pools - Primex Credit Buckets - and participating in the Liquidity Mining program.

Integrationstwitter

Pyth Network Integration Enhances Primex Security and Asset Coverage

Mon 16th Jun 2025
**Pyth Network**, a first-party financial oracle network, has integrated with Primex to provide real-time market data from institutional sources. Key features include: - High-frequency price feeds across multiple blockchains - Coverage of digital assets, equities, forex, and commodities - Over 400 permissionless price feeds available The integration **strengthens Primex's security** by: - Protecting against price manipulations - Preventing flash loan attacks - Reducing inefficient market arbitrage Learn more at [Frencademy](https://defi.primex.finance/#/app-catalog?expanded=pyth-network)

Monad Ecosystem Hosts DeFi Data Reliability Roundtable

Thu 22nd May 2025
The latest Monad Eco Roundtable focused on the critical role of reliable data in DeFi, featuring experts from Pyth Network and Accountable Data. Key discussion points: - Importance of trustless data in Web3 - Current challenges in DeFi data reliability - Solutions for maintaining data integrity This follows their previous roundtable on liquid staking and oracle innovations with Kintsu and Band Protocol. [Read the full recap](https://blog.primex.finance/primex-monad-frens-roundtable-3-recap-why-trustless-data-matters-in-defi-and-web3-8fcf2b47fb80)
Community article

Primex CTO Builds NFT Marketplace in 8 Hours Using AI Assistant

Thu 27th Mar 2025
Alex Marukhnenko, CTO of Primex Finance, demonstrated the power of AI-assisted development by building a complete NFT marketplace in just 8 hours using Cursor AI. The project showcases how AI tools can dramatically accelerate development cycles in web3. Key highlights: - Full NFT marketplace built in single workday - Project utilized Cursor AI assistant - Insights shared by Primex CEO V. Kostanda This development aligns with broader industry trends, as highlighted by blockchain gaming leaders who note AI's potential to empower smaller development teams and accelerate project timelines. [Read the full case study](https://www.linkedin.com/pulse/unlocking-ai-powered-development-nft-marketplace-built-day-kxfie)
Community article

Primex V2 Development Update

Mon 24th Mar 2025
Primex Finance is preparing to launch V2 of their DeFi platform, building on their successful mainnet release. The update will integrate: - Cross-margin portfolio management - AI-powered rebalancing for yield optimization - Unified platform for lending, farming, staking, and trading The protocol currently supports assets from major providers including Ethena Labs, Lido Finance, and Frax Finance. Users can earn PMX rewards through the Rewards Program as lenders, traders, or farmers. Learn more: [Primex Blog](https://blog.primex.finance/primex-finance-wraps-up-mainnet-beta-stage-opening-a-new-chapter-in-the-protocols-journey-8bf60f6e975c)
Community article

Primex DeFi Agent Featured in Cointelegraph

Thu 30th Jan 2025
Primex Finance's new AI-powered portfolio management assistant has been featured in Cointelegraph. The Primex DeFi Agent aims to streamline DeFi operations through: - AI-driven portfolio management automation - Simplified yield optimization via conversational prompts - Automated trading with limit orders and stop-loss features - Cross-chain portfolio management capabilities The tool integrates AI technology to make DeFi more accessible to mainstream users while maintaining advanced functionality for experienced traders. The system operates through a unified interface that handles complex DeFi strategies automatically. Learn more: https://cointelegraph.com/news/ai-powered-assistant-to-streamline-financial-management-in-defi

Primex Finance Enables PMX Token Claims on Base Network

Thu 16th Jan 2025
Primex Finance has announced key updates for their PMX token launch: - All IDO launchpad participants can now claim PMX tokens on the Base network - Change implemented to ensure profitability for smaller ticket holders through reduced gas fees - Token claims and transfers will be available starting January 31st - Official listings confirmed on MEXC and Gate.io exchanges The move to Base network comes in response to community feedback, prioritizing cost-efficiency for all participants. Token sale continues across multiple platforms including ChainGPT Pad, MagicLaunchpad, CVAgentlauncher, EESEE, and FinceptorApp.
Community article
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