Primex Finance Introduces Beta 0.3.0 App With Deployments to Polygon Mumbai and zkEVM Testnets

Kyiv, Ukraine, Jan 18, 2023, Chainwire

Cross-Chain Prime Brokerage Protocol Primex Finance Deploy a major application update. Beta 0.3.0 kicked off his second phase, introducing various new features as well as improving and fixing existing features.

From January 12, 2023, Phase 1 was only available to Primex early users who could be the first to get a hands-on experience of Beta 0.3.0. From now on, early users will get privileged access to all future (beta 0.3.0 onwards) major protocol updates. In addition to the opportunity to test new releases before other community members, program participants You’ll also enjoy additional perks like direct communication with the Primex team and fellow early users via Discord, and participation in private challenges to win exclusive prizes.

On January 18th, 2023, the Primex team will release access to Beta 0.3.0, allowing anyone to launch the application Test new releases without limits.

Beta 0.3.0 introduces four new core features. First and foremost, Primex is currently deployed on his two new blockchains, Polygon Mumbai and Polygon zkEVM testnets. As a result, users will now be able to test Primex by trading and lending digital assets on DEX across his four different blockchains (Ethereum Goerli, zkSync 2.0 testnet, Polygon Mumbai, and Polygon zkEVM testnet). I was. A new multi-chain feature allows traders and lenders to swap between different networks through a single interface.

“When we asked the community which chains should get Primex on, Polygon was by far the top choice among voters. We were happy with the results, but it was a surprise for our team. Mumbai is the testnet for Polygon PoS, a layer 2 blockchain with the highest DeFi TVL capable of reaching up to 7,000 TPS, while zkEVM is the ZK roll via its ultra-fast Polygon Zero technology. App is a new solution that achieves a 90% fee reduction for users of L2 on Ethereum.For these reasons, it makes a lot of sense to deploy Primex on the testnets of these two blockchains. It’s working.” Vlad Kostanda, co-founder of Primex Finance, said:

In addition to the core functionality above, the Primex team introduced additional changes to the protocol as part of the Beta 0.3.0 update.

  • support for OKX Walletwhich can now be used to connect wallets to Primex along with MetaMask and WalletConnect
  • QuickSwap v2 DEX integration in Polygon Mumbai
  • Enhanced trading experience with a new bot that regularly syncs testnet asset prices with mainnet
  • UX improvement of transaction history download
  • Ability to see when an order or position was created on the trading page
  • Bug fixes related to translations of certain components of the Primex application and translation delays after the user switches languages
  • Additional optimizations and bug fixes

About Primex Finance

Founded in 2021, Primex Finance is the DeFi market leader by enabling lender-backed spot margin trading across multiple DEXs and blockchains using a fully decentralized trade execution mechanism. The first-ever cross-chain prime brokerage protocol that seeks to solve the problem of liquidity fragmentation. In September 2022, the team moved on to the next stage of its roadmap by starting the beta he release of the platform. Recently, the project released beta 0.3.0. This is a major update of the protocol and introduces various important features, features and fixes. For more information, visit Primex. website When blog.


CMO, Anton Demenko, Primex Labs OÜ, [email protected]

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