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Prisma Finance

Prisma Finance

Project

LST-backed Stablecoin Protocol

Stablecoin ProtocolDeFi
Website

About

Prisma Finance is a non-custodial and decentralized Ethereum LST-backed stablecoin protocol. Prisma allows users to mint a stablecoin (acUSD) fully collateralized by liquid staking tokens. The stablecoin will be incentivized on Curve and Convex Finance to create a capital-efficient flywheel where users can receive trading fees, CRV, CVX, and PRISMA on top of their Ethereum staking rewards. Tags: DeFi Stablecoin Protocol Ecosystem(): Ethereum Founded:

History

2024
Mar 28, 2024security incidentmajor

Prisma Finance Exploit

$11.60M

2023
Nov 2, 2023token launchmajor

PRISMA Token Launch

funding

Funding Round

GBV Capital, OKX Ventures, AVID3