Primex Finance Unveils Beta 0.3.0 Application with Deployments to Polygon Mumbai and zkEVM Testnets
May 01, 2025
Cross-chain prime brokerage solution Join Our Newsletter. is undergoing a significant transformation with the introduction of Beta 0.3.0. This version will roll out in a phased manner, adding a variety of new features and refining existing ones.
Starting from January 12, 2023, the first phase welcomed Primex Early Users, who got the exclusive opportunity to engage with Beta 0.3.0 ahead of the rest. Looking ahead, these early adopters will enjoy priority access to all key protocol improvements moving forward (initiating with Beta 0.3.0). They will not only be among the first to test new versions, but they’ll also reap additional perks, such as direct channels with the Primex development team and other Early Users on Discord, as well as access to exclusive challenges with amazing rewards. Latest News On January 18, 2023, the Primex team plans to make Beta 0.3.0 available to the general public, giving everyone the freedom to
test the latest release without limitations. by The new Beta 0.3.0 brings in four essential features. First and foremost, Primex is expanding its reach by deploying to two exciting new blockchains: the Polygon Mumbai and Polygon zkEVM testnets. As a result, users are newly empowered to engage in trading and lending activities
across four diverse blockchains (Ethereum Goerli, zkSync 2.0 testnet, Polygon Mumbai, and Polygon zkEVM testnet). With this multi-chain capability, traders and lenders can effortlessly navigate between different networks using a single interface. Alisa Davidson “When we consulted our community regarding which blockchains to launch Primex on,
it was clear which options were favored. Although the results delighted us, they weren't surprising to our team. Mumbai serves as the testnet for Polygon Proof of Stake, representing the Layer 2 blockchain boasting the most significant DeFi Total Value Locked (TVL) and capable of achieving up to 7,000 Transactions Per Second (TPS). Meanwhile, zkEVM represents a novel approach utilizing ZK-rollups through the lightning-efficient Polygon Zero tech to slash fees for Ethereum’s Layer 2 by up to 90%. Thus, establishing Primex on these testnets felt like a logical progression,” remarked Vlad Kostanda, Co-Founder of Primex Finance. May 01, 2025 In addition to the primary enhancements, the Primex team rolled out various supplementary changes to the protocol with the Beta 0.3.0 update, which include:
, allowing users to connect their wallets to Primex alongside options like MetaMask and WalletConnect.
- by Alisa Davidson Integration of the QuickSwap v2 DEX on Polygon Mumbai,
- which ensures that asset prices on the testnet occasionally sync with the mainnet.
- May 01, 2025 by Enhanced user experience for downloading trading histories.
- The feature that enables users to view the timestamp of order or position creation directly on the trading interface.
- Bug fixes related to language translations within certain components of the Primex app, as well as issues with language-switching delays.
- Additional optimizations and fixes to enhance overall functionality.
- Launched in 2021, Primex Finance stands as the first cross-chain prime brokerage solution aiming to tackle the liquidity fragmentation challenge prevalent in the DeFi landscape by connecting
Alisa Davidson
users with lenders across various DEXs and blockchains through a completely decentralized trading execution approach. In September 2022, the project moved to the next milestone in its roadmap by May 01, 2025 releasing the update. Most recently, the team unveiled Beta 0.3.0, a substantial upgrade that introduces numerous essential features, functionalities, and bug resolutions. To discover more, visit Primex’s by Stay updated on cryptocurrency distributions in our Alisa Davidson , and please remember that the details shared on this page are not meant to be, nor should they be seen as, legal, tax, investment, financial, or any other form of advice. Always invest an amount you can afford to lose and seek independent financial guidance if you have reservations. For added clarity, we recommend reviewing the terms and conditions and support documentation provided by the issuer or promoter. MetaversePost is dedicated to delivering accurate and unbiased reporting, but be aware that market conditions can shift without prior notice. May 01, 2025 Know More Know More .
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