Unlocks Multichain DeFi Liquidity and Eliminates Token Bridges and Wrapped Assets

Prime Protocol, the first natively cross-chain prime brokerage, has launched on Moonbeam, Ethereum, Arbitrum, and Avalanche. This new protocol allows users to borrow against assets on any chain without the need for token bridges, swaps, or wrapping. It offers a simple user experience and instant liquidity on any supported chain. Prime’s model of interoperability overcomes a major hurdle in DeFi, where existing infrastructure typically only supports a single blockchain and collateral type. This allows users to access multiple blockchains and assets seamlessly through one connection point.