Primit Officially Deploys on Avalanche, Launching Season 1 Trading Incentive Program
The post Primit Officially Deploys on Avalanche, Launching Season 1 Trading Incentive Program appeared on BitcoinEthereumNews.com. Primit today announced its official deployment on the Avalanche network, with the launch of Season 1: Primit × Avalanche “On-Chain Perp Frenzy” set for July 15. The 14-day trading incentive event features a total reward pool of 100,000USD equivalent in AVAX, open to all on-chain perpetual contract traders. Strategic Significance Primit selected Avalanche as its launch chain based on its sub-second finality and minimal gas costs. For perpetual trading, every millisecond of latency impacts liquidations and position safety. Avalanche’s architecture is inherently suited for high-concurrency, low-latency DeFi scenarios, while Primit’s orderbook and funding rate mechanisms deliver a CEX-grade experience on-chain. “We’re not simply deploying a frontend on Avalanche — we’re bringing the full perpetual infrastructure onto the chain,” the Primit team stated. “Season