Prism protocol

About

PRISM (Programmable Risk & Income Structured Markets) is a protocol that transforms credit into structured and tradable tiers of risk. Within pooled credit vaults, users select their desired risk exposure, such as Prime, Core, or Alpha, rather than funding specific loans. A deterministic waterfall logic governs all cash flows, and each risk tier is represented by its own tradable token. This enables the real time visibility, trading, and pricing of credit markets on chain.