Primex Finance Price

Primex Finance is a decentralized finance (DeFi) protocol built on the Base blockchain. It aims to provide leveraged yield farming and margin trading capabilities for a wide range of tokens on decentralized exchanges (DEXs). Key features of PMX include: 1. High APY offerings: Primex Finance claims to offer some of the highest annual percentage yields (APYs) in the DeFi market. 2. Margin trading: Users can engage in margin trading for numerous tokens on DEXs through the Primex Finance platform. 3. Liquidity provision: Liquidity providers can earn rewards by supplying assets to the protocol's pools. 4. Governance token: PMX serves as the native governance token of the Primex Finance ecosystem. 5. Cross-chain functionality: While initially launched on Base, Primex Finance aims to expand to other blockchain networks in the future. As of 2025-07-06, PMX is trading at $0.002659 with a 24-hour trading volume of $86.78K. The current market cap stands at $235.02K, ranking it #4235 among all cryptocurrencies. Primex Finance has a circulating supply of 88.39M PMX PMX tokens out of a maximum supply of 1B PMX.

Primex Finance was created on July 31, 2021. The cryptocurrency was launched as an ERC-20 token on the Base blockchain platform. Since its inception, Primex Finance has aimed to provide a leveraged farming and trading protocol offering high APYs and margin trading capabilities for a wide range of tokens on decentralized exchanges. The project's goal is to enhance DeFi trading and yield opportunities for users in the cryptocurrency ecosystem.

The founders of Primex Finance are Vlad Kostanda and Dmitry Tolok. They established the project in 2021 with the vision of creating a decentralized leveraged yield farming and trading protocol. Vlad Kostanda serves as the CEO, bringing extensive experience in blockchain development and DeFi. Dmitry Tolok is the CTO, with a strong background in software engineering and cryptography. Together, they lead the Primex Finance team in developing innovative solutions for decentralized finance, aiming to provide users with high-yield opportunities and advanced trading capabilities on decentralized exchanges. The founders' expertise and leadership have been instrumental in Primex Finance's growth and development since its inception.

Primex Finance operates as a decentralized leveraged farming and trading protocol on the Base blockchain. Here's how it works: 1. Liquidity Provision: Users can provide liquidity to Primex Finance pools and earn high APY rewards. 2. Margin Trading: Traders can access leverage to trade a wide range of tokens on decentralized exchanges (DEXs) through the Primex Finance platform. 3. Risk Management: The protocol utilizes advanced risk assessment models and liquidation mechanisms to maintain system stability. 4. Governance: PMX token holders can participate in governance decisions regarding protocol upgrades and parameter adjustments. 5. Tokenomics: The total supply of PMX is capped at 1B PMX, with 88.39M PMX currently in circulation. This represents 8.84% of the fully diluted valuation. 6. Cross-chain Functionality: While initially launched on Base, Primex Finance aims to expand to other blockchain networks to increase accessibility and liquidity. 7. Yield Optimization: The protocol automatically rebalances positions to maximize returns for liquidity providers. By combining leveraged yield farming with margin trading capabilities, Primex Finance offers users enhanced DeFi opportunities while maintaining a focus on risk management and sustainability.

Primex Finance is built on the Ethereum blockchain as an ERC-20 token. It utilizes smart contracts to enable its core functionalities of leveraged yield farming and margin trading on decentralized exchanges (DEXs). The technical architecture includes: 1. Smart Contracts: Govern the protocol's operations, including liquidity provision, borrowing, and trading. 2. Liquidity Pools: Allow users to provide liquidity and earn yields. 3. Margin Trading Engine: Enables leveraged trading of various tokens on DEXs. 4. Risk Management System: Monitors positions and executes liquidations when necessary. 5. Governance Module: Allows PMX token holders to participate in protocol decisions. 6. Cross-Chain Bridges: Facilitate interoperability with other blockchain networks. 7. Oracle Integration: Provides real-time price feeds for accurate valuations. 8. Front-end Interface: User-friendly web application for interacting with the protocol. This architecture allows Primex Finance to offer high APYs and flexible margin trading while maintaining security and decentralization. The protocol is designed to be scalable and upgradeable to accommodate future improvements and market demands.

Primex Finance has an ambitious roadmap for the future, focusing on expanding its decentralized finance (DeFi) ecosystem and enhancing its leveraged farming and trading protocol. Key milestones include: 2025: Launch of advanced margin trading features and integration with more DEXs to offer wider token selection. 2026: Introduction of cross-chain functionality, allowing users to access liquidity from multiple blockchains. 2027: Implementation of AI-driven risk management tools and automated portfolio rebalancing. 2030: Expansion into new DeFi verticals like synthetic assets and prediction markets. The team aims to continuously improve Primex Finance's technology, security, and user experience. They plan to forge strategic partnerships with other DeFi projects and traditional finance institutions to increase adoption. Price projections: 2026: $0.002778 2030: $0.004234 2035: $0.01042 With its innovative approach to leveraged yield farming and commitment to decentralization, Primex Finance is positioned to become a major player in the evolving DeFi landscape.