Prism Finance
Protocol that splits yield-bearing assets into principal and yield components on Terra.
- No KYC or registration
- Non-custodial — your keys, your crypto
- 1000+ supported exchange pairs
- Best available exchange rate
Prism Finance Price Chart
About Prism Finance
Prism Finance is a DeFi protocol on Terra that allows users to split yield-bearing assets into their principal and yield components, creating two separate tradeable tokens. When a user deposits an asset like LUNA, Prism creates pLUNA (principal token) and yLUNA (yield token). This yield stripping enables DeFi strategies like selling future yield upfront for immediate liquidity, buying discounted principal at a fixed future value, or creating interest rate swaps. The protocol launched on Terra Classic (LUNC) and continued on Terra (LUNA) after the 2022 collapse. The PRISM token enables governance and protocol fee distribution.
History
How to Swap PRISM
Swapping Prism Finance (PRISM) on SyntheticSwap is simple and requires no registration or KYC. Connect your personal crypto wallet, select PRISM as your source or destination asset, enter your receiving wallet address, and confirm the live exchange rate. Once you send PRISM to the deposit address provided, SyntheticSwap processes the exchange automatically and delivers the destination asset directly to your wallet. No personal information is collected — fully non-custodial from start to finish.
How to Store PRISM
Store PRISM in Terra-compatible wallets such as Terra Station. For cross-chain use, PRISM may also be accessible through Keplr with appropriate chain configuration.
