Launching today

Prism protocol

Launching today

Turn credit into tradable risk

30 followers

Turn credit into tradable risk

30 followers

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Defi

•

Crypto exchanges

PRISM (Programmable Risk & Income Structured Markets) is a protocol that changes credit into structured, tradable risk layers. Users choose exposure (Prime, Core, Alpha) within pooled credit vaults instead of putting money into individual loans. Cash flows follow deterministic waterfall logic, and tokens that stand for each risk layer can be traded. This makes it possible to see, trade, and price credit markets on-chain in real time

Free

Launch tags:User Experience•Fintech•GitHub

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Prism protocol

Maker

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Hey Product Hunt! We’re excited to introduce PRISM — a protocol that turns credit into programmable, tradable risk markets on-chain. Today, most DeFi lending is opaque and static. Users deposit into pools without clearly understanding the underlying risk, and there’s no efficient way to trade different credit exposures. We wanted to rethink that entire model. PRISM introduces structured credit vaults where pooled loans are split into different risk layers: * Prime → Lower risk, stable yield * Core → Balanced exposure * Alpha → Higher risk, higher return potential Instead of picking individual loans, users choose the level of credit exposure they want. Cash flows are distributed automatically using deterministic waterfall logic, and each tranche is tokenized so it can be traded in real time. What makes PRISM different: * Programmable on-chain structured credit * Real-time pricing of credit risk * Tradable tranche tokens * Transparent waterfall cash flow distribution * Composable with DeFi infrastructure The idea came from observing how traditional finance structures credit products but those systems are closed, inaccessible, and opaque. We wanted to rebuild structured credit natively for crypto: transparent, composable, and globally accessible from day one. We’re still early, and this launch is about validating the vision with builders, traders, and DeFi users who care about the future of on-chain credit markets. We’d genuinely love feedback on: * The tranche/risk model * UX around selecting risk exposure * Potential DeFi integrations * Features you’d want in an on-chain credit marketplace Thanks for checking out PRISM. We’ll be here all day answering questions and discussing ideas with the community.

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19h ago

Mailwarm

The idea of choosing exposure by risk layer instead of individual loans feels much cleaner for users. I will be watching to see how liquidity and pricing evolve once more real activity flows through PRISM.

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10h ago