Primit

A perpetual futures DEX on the Avalanche C-Chain built on a hybrid model: orders match in an off-chain in-memory engine while fills and margin changes settle on-chain in a single atomic transaction, with leverage up to 50x. Risk control runs in three layers, namely a live maintenance margin ratio, automatic deleveraging and an insurance fund backstop. Version one draws order-book depth from Orderly Network while an in-house Rust matching engine is built in parallel.

Beyond perps, the suite includes fixed-term fixed-rate Advanced Earn products, three-tier referral sharing, a points programme and a broker console. Points are booked across trade, position, holding-time and referral classes, with decay on rapid repeat trades in one market plus daily and weekly caps to limit farming. Contracts went through a full-scope CertiK audit, crypto and RWA perps were unified at a 4 bps fee in August 2026, and funding-rate and cross-venue spread dashboards ship alongside programmatic access.