prism
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One token that holds a whole basket — how to buy it, how it is priced, what happens when a market closes, and what you are trusting when you use it.

  • 01What Prism isOne token that holds a whole basket, and what that gets you.Read · 2 min→
  • 02Buying and sellingTwo routes in and out — one transaction with USDG, or deliver the basket yourself.Read · 2 min→
  • 03NAV and the staleness ruleHow the basket is priced, and why the vault would rather say nothing than guess.Read · 3 min→
  • 04RebalancingBands, the on-chain weight solver, and the four guards that bound every trade.Read · 3 min→
  • 05ContractsWhat each contract does, the functions worth knowing, and how to run the whole thing locally.Read · 3 min→
  • 06RisksWhat can go wrong, what is trusted, and what has not been done yet.Read · 3 min→
Want the full design?

The whitepaper covers the mechanics end to end — valuation, creation and redemption, the solver, the trust assumptions, and what is still missing.

Read the whitepaper

Prices go down as well as up. Index tokens track the NAV of their underlying basket. Not audited, not deployed to a live network.

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