Cross-chain Margin Platform Prime Protocol Launching on Arbitrum

Cross-chain margin platform Prime Protocol launched its testnet on Arbitrum, and will be a cross-chain brokerage that allows users to take out margin on their entire account

Prime Protocol is using Axelar's messaging technology to enable cross-chain transactions. It is also integrated with Wormhole, which gives Prime Protocol connectivity with non-Ethereum based chains.

It does not currently have a token live, but may at some point in the future, Conley said. Once live, it plans to run incentives to bootstrap liquidity. There may be an airdrop or some type of reward for people who participate on its testnet, he added.