Primitive

Primitive

Verified
Options market protocol. Built on #Ethereum. Join the community: https://t.co/OK9l3n2GWd. Learn more

Launch date
Employees
Market cap
-
Net debt
-
Enterprise valuation
$36—54m (Dealroom.co estimates Aug 2022.)
Alexander Arkansas (HQ)
  • Edit
Get premium to view all results
DateInvestorsAmountRound
-investor investor investor

$0.0

round
N/A

$0.0

round
*

$9.0m

Series A
Total Funding000k

Recent News about Primitive

Edit
More about Primitiveinfo icon
Edit

Primitive.xyz is a cutting-edge startup operating in the decentralized finance (DeFi) sector. The company specializes in providing automated, dynamic, and permissionless financial strategies for managing portfolios. Their primary clients are developers and financial professionals who are looking to leverage the power of blockchain technology, specifically the Ethereum network, to optimize their financial operations.

Primitive.xyz operates in the rapidly growing DeFi market, which aims to recreate traditional financial systems using blockchain technology. This market is characterized by its openness, transparency, and the ability to operate without intermediaries like banks. The company’s business model revolves around offering software solutions that enable users to simulate and execute complex financial strategies on the Ethereum blockchain.

The core product of Primitive.xyz is its Ethereum Simulation Engine, known as Arbiter. This engine is designed to be a high-speed, optimized simulation tool for the Ethereum Virtual Machine (EVM). It allows developers to create and test event-driven simulations in a secure environment. Arbiter ensures execution parity with popular Ethereum development tools like Anvil, Reth, and Foundry, making it a versatile and reliable choice for developers.

Primitive.xyz makes money by offering its simulation engine and other software tools to developers and financial professionals. These tools are open-source, meaning they are freely available for anyone to use, but the company likely generates revenue through premium features, support services, and possibly enterprise-level solutions.

In summary, Primitive.xyz is a pioneering company in the DeFi space, providing essential tools for automated portfolio management and Ethereum simulation. Their products are designed to be secure, dynamic, and permissionless, catering to the needs of developers and financial professionals looking to innovate in the blockchain space.

Keywords: DeFi, Ethereum, simulation engine, portfolio management, blockchain, financial strategies, open-source, developers, automated, permissionless.