Primit Officially Deploys on Avalanche, Launching Season 1 Trading Incentive Program

July 8, 2026 — 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 1 has a clear objective: prove that on-chain perpetual trading is ready to handle professional-grade demand through real trading volume.”

Season 1 Mechanism Preview

The event features four reward mechanisms covering the full spectrum from retail to professional traders:

1. Daily Random User Rewards: 20 users with ≥$200 daily trading volume randomly selected each day to share a $400 pool. 280 total winners over 14 days.
2. Twitter Contributor Rewards: $3,000 pool rewarding high-quality tutorials, strategy analysis, and risk management content posted with #Primit #Avalanche.
3. Referral Rebate Mechanism: $50,000 total pool distributed proportionally by valid referral trading volume. No individual cap.
4. Volume Leaderboard: Top 120 traders share $37,800, with Top 1 receiving $4,000. AVAX-related pairs receive a 1.5x volume weighting multiplier.

Long-Term Value: Tiered Fee Structure

Primit is simultaneously launching a cumulative volume-based tiered Maker/Taker fee structure. This system will remain as a permanent platform standard after Season 1 ends, combining with Avalanche’s low gas costs to form a sustainable competitive advantage.

About Avalanche

Avalanche is a high-performance, interoperable Layer 1 blockchain platform achieving high throughput and rapid finality through its unique consensus mechanism — a preferred infrastructure for DeFi and institutional-grade applications.

About Primit

Primit is a next-generation on-chain perpetual contract trading platform focused on delivering low-latency, low-fee, fully transparent on-chain derivatives trading.

Event Portal: https://primit.io/ or https://app.primit.io/trade

Event Period: July 15 — July 28, 2026

Twitter: https://x.com/primitforall  https://x.com/avax 

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