PRYZMPryzm Price

Pryzm, designated by the token symbol PRYZM, operates as a Layer-1 blockchain developed using the Cosmos SDK. The primary goal of Pryzm is to facilitate yield optimisation by allowing users to tokenize and trade future yields derived from various assets. Through a process known as “refraction,” the platform splits yield-bearing assets into principal tokens (pTokens) and yield tokens (yTokens). This pioneering approach enables users to manage exposure to price volatility while independently accessing future yield generation.

As a comprehensive DeFi platform, Pryzm provides a suite of financial tools tailored for yield optimisation—including fixed yields, liquid governance, liquid staking derivatives, and a specialised automated market maker (AMM). With the ability to handle yield needs from any asset across different chains, Pryzm is positioned as a key player in the evolving landscape of decentralised finance.