Prisma is a decentralized protocol for borrowing mkUSD, a stablecoin backed by liquid staking tokens, with added stability mechanisms.
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Prisma is a decentralized borrowing platform enabling users to create mkUSD, a stablecoin backed entirely by liquid staking tokens. The loans are further secured by a Stability Pool holding mkUSD and a system where borrowers mutually guarantee each other's loans in case of liquidations. The Prisma protocol operates in a non-custodial, immutable, and censorship-resistant manner.
As of now, Prisma Finance is trading at 0.035941 USD, with a 24-hour trading volume of approximately 0 USD. The PRISMA to USD price is updated in real time. Over the past 24 hours, Prisma Finance has decreased by 0%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 3.52M USD. Currently, there are 97 863 612 PRISMA in circulation out of a maximum supply of 300 000 000 PRISMA.
CMC.IO provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalization, CMC.IO tracks community growth, open-source code development, major events and on-chain metrics.
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