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    Prime Protocol Analytics

    Introduction

    Prime Protocol is an interchain-native application that enables users to borrow across chains, backed by their entire portfolio of cross-chain assets. In its current iteration, leveraging AXELAR interchain message passing, Prime Protocol allows users to deposit all their digital assets across seven chains, including Ethereum, Moonbeam, Arbitrum, Avalanche, Polygon, Binance Smart Chain, and Optimism, and receive a loan from any of those supported chains.

    This dashboard provides comprehensive analysis of the protocol.

    Method and Data

    Prime Protocol is an interchain-native dApp(*) designed from inception to be chain-agnostic. Initially, Prime Protocol operated within four chains, but it has since expanded to encompass seven chains.

    On Prime Protocol, users engage in four main actions: Deposit and Withdraw, Borrow and Repayment.

    Users are permitted to deposit assets from any of the supported chains and borrow assets from any of the supported chains. However, it's important to note that assets must be withdrawn from the deposited chain and in the deposited token, while loans must be repaid on the chain from which they were borrowed and in the borrowed token.

    This dashboard comprises three main modules. The first "Interchain" tab provides an overview of metrics for all chains collectively (currently including six chains). We have utilized DefiLama for this analysis, facilitated through LiveQuery on Flipside.

    The second section offers chain-by-chain analytics, offering a deeper dive into each individual chain. On each page, you'll find comprehensive metrics, including the number of users and a TVL overview for each of the four actions. In this version, the dashboard presents data exclusively for the Avalanche chain.

    Lastly, the dashboard features an "Explorer" tab that allows for the investigation of high-level metrics for a selected chain.

    (*) For the definition of a 'native interchain application,' please refer to this link.

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    Note on the image

    The image was created and edited using AI with Fotor. drawing inspiration from the Cubism style and the concept of interconnected islands.

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