Nikita Vagin's Colleagues at Primex Labs
Nikita Vagin's Contact Details
Kashira,Moskovskaya oblast',Russia
Primex Labs
Nikita Vagin's Company Details
Decentralized Finance (DeFi), leveraging blockchain technology, has broken traditional barriers to finance, particularly around restrictions on who can access the financial markets. However, supporting non-custodial margin trading that is available to anyone is still a challenge.We're building Primex, the new prime brokerage liquidity protocol for DEX-agnostic cross-margin trading with trader scoring mechanisms.In Primex, lenders provide liquidity to pools where traders can use it for leveraged trading, lenders, in their turn, have a possibility to earn higher yields compared to lending protocols, as the interest is generated from margin fees and profits of successful trades.