Avalanche-based Primit Wraps Up Inaugural Trading Campaign

Primit, a decentralized perpetual exchange built on Avalanche, announced the successful conclusion of its Season 1 trading campaign. The two-week event brought thousands of traders on-chain, with daily $500 prize pools and fully transparent winner selection.

The campaign ran from July 15 to July 28 and invited traders of all sizes to participate. With a deliberately low barrier to entry, anyone generating at least $200 in daily trading volume was automatically entered into that day's draw.

Each day, 20 winners split the $500 prize pool, with rewards distributed directly to their wallets. Primit published every day's winner list, allowing anyone to verify results on-chain and building trust with its early community.

The team behind Primit emphasized that Season 1 was about proving a new perpetual DEX can give everyday traders a fair shot at real rewards, not just whales. With over 10,000 participating wallets and 280 total winners, the response exceeded expectations.