Overview
Pryzm is a layer-1 blockchain that lets you tokenize and trade your future yields from any asset. Built using the Cosmos SDK, Pryzm offers a variety of DeFi tools to optimize a user's ability to participate and profit in yield trading.
Pryzm: Unlocking Yield
Yield-bearing assets represent a revolution in defi, pairing an asset and its yield in one token. But what if you could unlock the yield from an underlying asset?
By splitting yield-bearing assets (cTokens) into their principal (pTokens) and yield (yTokens) components via refraction, Pryzm opens up a whole new market for trading. Pryzm allows users to optimize their exposure to yield, price, and governance in a ground-breaking new way, unlocking the full power of yield.
Staking 101
Learn the basics of staking
cTokens and Refraction
Learn how cTokens can be refracted into principal and yield
pTokens
Learn how Principal Tokens can earn a fixed yield
yTokens
How do yTokens earn variable yield?
Maturity
How do pTokens and yTokens mature over time?
Trading markets
Discover Yield, Pulse, and Flow trading
Liquid Governance
Learn how cTokens and pTokens can achieve leveraged voting
Tokenomics
Learn how the Pryzm token works
Glossary
Look up key terms
Get Started
Start using Pryzm