PrimeStaking Surpasses $6 Million TVL Becoming XDC Networks Largest Staking Protocol

Dubai, United Arab Emirates, 11th Jun 2025 - Prime Numbers Labs announced that PrimeStaking, its liquid-staking platform built for the XDC Network, has surpassed USD 6 million in Total Value Locked (TVL). This milestone positions PrimeStaking as the largest staking protocol on the XDC Network and among the top three decentralized finance (DeFi) applications on the chain by assets secured.

PrimeStaking Surpasses  Million TVL Becoming XDC Networks Largest Staking Protocol

 


“Liquid staking unlocks XDC’s full potential!” said Arturo Cantera, Founder of Prime Numbers Labs. “With a yield-bearing token that remains fully liquid, PrimeStaking completes the core infrastructure layer that, alongside PrimeFi lending and upcoming XDC-native stablecoins, delivers a capital-efficient DeFi stack for everyone building on XDC.”

Since launch, PrimeStaking has demonstrated accelerating momentum, with TVL growing at double-digit rates month-over-month. The platform has gained strong traction among users seeking native XDC yields without the constraints of lock-ups.

PrimeStaking’s smart contracts have undergone a complete audit by QuillAudits, and the $psXDC token contract is verified on XDCScan, ensuring transparency and on-chain integrity. For every 1 XDC staked, users receive 1 $psXDC, allowing them to earn masternode rewards while maintaining liquidity and participating across the broader XDC DeFi ecosystem.

PrimeStaking also serves as a foundational component of Prime Numbers Labs’ expanding DeFi roadmap. It integrates with PrimeFi, the platform’s first lending and borrowing protocol, and will also plug into upcoming XDC-denominated stablecoin pools. These integrations will enhance capital efficiency by enabling $psXDC to be used as collateral without forfeiting staking rewards. They will also deepen liquidity across the ecosystem and strengthen the XDC Network’s validator security through increased staking activity.

About Prime Numbers Labs

Prime Numbers Labs is a blockchain R&D studio building an omnichain DeFi ecosystem. Its flagship products include PrimeStaking, the first and largest liquid-staking protocol on XDC; PrimePort, the earliest and most active NFT marketplace on the network; and PrimeFi, a cross-chain lending protocol powered by LayerZero and Stargate that enables users to deposit assets on one network and borrow against them on another.
Supported by partners such as the XDC Network, LayerZero, and Chainlink, Prime Numbers Labs is dedicated to creating inclusive, secure, and interoperable DeFi infrastructure. The ecosystem’s utility token, PRFI, powers governance and fee-sharing across all Prime Numbers products.
For more inquiries, please contact press@primenumbers.xyz.
 

Media Contact

Organization: Prime Numbers

Contact Person: Farhana Meghami

Website: https://primenumbers.xyz

Email: press@primenumbers.xyz

City: Dubai

Country:United Arab Emirates

Release id:28924

The post PrimeStaking Surpasses $6 Million TVL Becoming XDC Networks Largest Staking Protocol appeared first on King Newswire. This content is provided by a third-party source.. King Newswire is a press release distribution agency. We do not accept any responsibility or liability for the accuracy, content, images, videos, licences, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section above.

file

Disclaimer: The views, recommendations, and opinions expressed in this content belong solely to the third-party experts. This site was not involved in the writing and production of this article.


Disclaimer Press Release Banner

Related News

NSAV Announces Acquisition of Swopx.io and Listing of SWOP Token on NSAVx.com
Grand News Network
May 8, 2024

NSAV Announces Acquisition of Swopx.io and Listing of SWOP T...

NSAV Announces Acquisition of Swopx.io and Listing of SWOP Token on NSAVx.com London, United Kingdom, 8th May 2024, King NewsWire – Net Savings Link, Inc. (OTC: NSAV), a pioneering cryptocurrency, blo...

Revolutionize Customer Service with Lead Manager Ninja's AI-Powered Chat Automation at Dreamforce
Newswire
September 10, 2024

Revolutionize Customer Service with Lead Manager Ninja's AI-...

Dreamforce, San Francisco, CA – 10 Sep, 2024 – Ksolves India Limited is excited to unveil Lead Manager Ninja’s groundbreaking GenAI-powered chat automation platform at Dreamforce, set to transform the...

When to Call an Electrician Cape Town for Home Repairs
Brand News 24
June 19, 2025

When to Call an Electrician Cape Town for Home Repairs

Electrical issues at home should never be ignored, as they can lead to serious hazards like fires and shocks. Knowing when to call an electrician in Cape Town is key—signs include flickering lights, c...

Reclaiming Your Space The Power of Junk Removal Littleton
Brand News 24
June 11, 2025

Reclaiming Your Space The Power of Junk Removal Littleton

Priority Junk Removal LLC in Littleton, CO offers comprehensive, eco-friendly junk removal services for homes and businesses. From attic and basement cleanouts to bed bug-infested furniture and old ba...

Lounge Lizard Announces Spring 2025 Web Design Scholarship Winner Zoe Webb
Brand News 24
April 30, 2025

Lounge Lizard Announces Spring 2025 Web Design Scholarship W...

United States, 30th Apr 2025 – Lounge Lizard, a leader in digital marketing and web design for over 25 years, proudly announces Zoe Webb from the University of Georgia as the Spring 2025 Web Design Sc...

Innovative Junk Removal Methods Reduce Landfill Waste
Brand News 24
October 21, 2025

Innovative Junk Removal Methods Reduce Landfill Waste

Innovative junk removal in Maryville, Tennessee emphasizes recycling, repurposing, and safe disposal. Efficient sorting, hazardous waste management, and community programs reduce landfill waste while...

BCF Group signs strategic agreement with Morgan Stanley Investment Group to launch globalization strategy
Grand News Network
March 19, 2024

BCF Group signs strategic agreement with Morgan Stanley Inve...

United Kingdom, 19th Mar 2024 – In a landmark move for the global finance industry, BCF Group (BCF) and Morgan Stanley Investment Group have officially signed a strategic agreement, marking the beginn...

Top Benefits of Junk Removal Almonte Services for Your Home
Brand News 24
June 16, 2025

Top Benefits of Junk Removal Almonte Services for Your Home

Junk removal services in Almonte offer homeowners and businesses an effective way to declutter and improve their spaces. These services help remove unwanted items like old furniture, renovation debris...

Nuelle Introduces Curated Luxury Collection Featuring Furniture Decor and Lifestyle Products
Brand News 24
September 4, 2025

Nuelle Introduces Curated Luxury Collection Featuring Furnit...

United States, 4th Sep 2025 — Nuelle, an online destination dedicated to high-quality products and refined lifestyle solutions, has unveiled its exclusive collection of furniture, home décor, advanced...