Primitive is a crypto technology company. Our mission is to build an alternative financial system.

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Cover Image for Are Layer 2 Networks Good for Uniswap Liquidity Providers?

Are Layer 2 Networks Good for Uniswap Liquidity Providers?

Liquidity Providers (LPs) using Uniswap V3 should ask themselves whether bridging to a layer 2 network can generate more fees than staying on Ethereum.

Sam Mitchell
Sam Mitchell
Cover Image for Gamma Exposure for Liquidity Providers Leads to Loss-Versus-Rebalancing

Gamma Exposure for Liquidity Providers Leads to Loss-Versus-Rebalancing

This post compares DeFi LPs and TradFi MMs and connects the dots between LVR and GEX. We discuss how market designers, crypto traders, LPs and quants can build positions to reduce the GEX loss vector. By understanding GEX and LVR, LPs can try to predict how to best manage their positions.

Colin Roberts
Colin Roberts
Cover Image for Primitive Arbitrage

Primitive Arbitrage

In this piece, we show searchers and software engineers that it’s fairly simple to calculate the optimal arbitrage for making a profit on RMM-01, Primitive’s Replicating Market Maker (RMM).

Waylon Jepsen
Waylon Jepsen
Cover Image for RMM-01 Math Approximation Error

RMM-01 Math Approximation Error

On September 8, 2022, at 06:30 UTC, a liquidity pool in the Primitive RMM-01 protocol experienced a pricing issue due to a specific situational error in the math approximation functions. No user funds are at risk.

Alexander Angel
Alexander Angel
Cover Image for Early Sunset for RMM-01

Early Sunset for RMM-01

On September 8, 2022, a liquidity pool in the Primitive RMM-01 protocol experienced a pricing issue. No user funds are at risk because once the pool expired, there was no way to exploit the pool’s pricing; however, we recommend all users remove 100% of their liquidity from any outstanding RMM-01 positions.

Alexander Angel
Alexander Angel
Cover Image for Primitive Raises $9 Million in Series A Funding to Build AMM Discovery Platform

Primitive Raises $9 Million in Series A Funding to Build AMM Discovery Platform

Primitive will use Series A funding to build AMM discovery platform that broadens accessibility to liquidity provision.

Alexander Angel
Alexander Angel