Traders on Primex utilize liquidity from Credit Buckets to engage in margin trading across multiple DEXs. Credit Buckets are designed with specific requirements for assets, trades, and traders, which determine the liquidity usage conditions, including supported pairs and maximum allowed leverage. Unlike borrowers in lending protocols, traders do not have full control over the liquidity they borrow, as it is not transferred to their wallets. Instead, they can only swap it for another asset to open a position and then swap it back to close it.
Primex Mainnet Beta offers various capabilities for traders, including:
Take Profit / Stop Loss conditions
Primex Traders can be both individuals and organizations that can utilize liquidity from Credit Buckets to amplify their spot positions.
For details on the trader workflows, see our Trader Guides section.