Primex Finance testnet
Meow
0x554c
September 26th, 2022

Decentralized Prime Brokerage protocol for cross-margin trading on DEXes.

Rewards: Potential Airdrop.

  • To get started, you need to subscribe to the project's Twitter, Discord and Telegram and fill out the form.

  • Testnet can be passed as a liquidity provider (Lender), trader, validator or all together. This is indicated when filling out the form. In this guide, we will consider the test for the Lender and Trader roles.

  • Next, go to Discord and search for the #get-early-user-role channel and get the tester role.

  • We go to the faucet and take test ETH.

  • Now change the network in MetaMask to Rinkeby Test Network. Go to the site and connect the wallet.

Connect the wallet
Connect the wallet
Mint Test Token
Mint Test Token
Then press "Lend" -> "Buckets".
Then press "Lend" -> "Buckets".
Select the pool in which you want to make a deposit.
Select the pool in which you want to make a deposit.
Specify the amount you want to deposit.
Specify the amount you want to deposit.
After the deposit, the "Withdraw" button will appear. We take out a small part.
After the deposit, the "Withdraw" button will appear. We take out a small part.
You can manage liquidity in the "Deposit" tab.
You can manage liquidity in the "Deposit" tab.
Go to the tab "Trade" -> "Margin Trading".
Go to the tab "Trade" -> "Margin Trading".
You can open a position with a Market or Limit order.
You can open a position with a Market or Limit order.
  • The trader can set the following parameters for each trade:

— Credit Bucket
— When to fix profit (auto execution)
— Which DEX to use (automatic choice of DEX Uniswap, SushiSwap or Primex)
— Leverage (2x, 5x, custom)

Opening a market order.
Opening a market order.
To change the bucket, click “Change Bucket +” and select the desired one.
To change the bucket, click “Change Bucket +” and select the desired one.
Bucket
Bucket
Enter the amount of WBTC. Wait a little while the USDC calculates the exchange rate.
Enter the amount of WBTC. Wait a little while the USDC calculates the exchange rate.
Next, set the percentage “Take profit price”: the price of the trade order to lock in the profit when the price reaches a certain level. And the "Stop loss price" rate to limit losses.
Next, set the percentage “Take profit price”: the price of the trade order to lock in the profit when the price reaches a certain level. And the "Stop loss price" rate to limit losses.
Choose DEX Primex.
Choose DEX Primex.
Set the leverage, deposit size and open a position.
Set the leverage, deposit size and open a position.
Opening a limit order. Go to the Limit tab and set the amount of WBTC and the limit price.
Opening a limit order. Go to the Limit tab and set the amount of WBTC and the limit price.
Specify "Take profit price", "Stop loss price" and leverage.
Specify "Take profit price", "Stop loss price" and leverage.
We create a limit order.
We create a limit order.
All created orders will be displayed below the chart. You can manage open positions or close them.
All created orders will be displayed below the chart. You can manage open positions or close them.

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