Prism,
explained.

The trade panel on each asset page quotes a real route through on-chain liquidity, sized to your order, and settles it from your own wallet on the asset's chain. Quotes for aggregator-routed assets come through LI.FI. A route is not guaranteed to exist at every size; when none exists, the panel says so plainly. Treat that as a normal state of the market, not an error.

You can pay from a stablecoin on a different chain than the asset. The panel reads your USDC, USDT and DAI balances on Ethereum, Base, Arbitrum One, OP Mainnet and Polygon, and your USDG on Robinhood Chain, and lets you pick whichever balance you want to spend. You sign on the chain where your money already sits, and a single transaction carries both the swap and the bridge. At most one step precedes it: a standard token approval, requested only when the token requires one, and only when it can actually lead to a trade.

For a cross-chain purchase, the panel follows the transfer live after you sign. It shows the bridge status as it progresses and links to the receiving transaction once funds arrive on the destination chain. If a bridge leg fails, the panel says so, and funds are returned by the bridge according to its policy.

Before you confirm anything, the quote shows the rate and the estimated network cost in dollars. The slippage tolerance is 1 percent by default. If the wallet lacks gas on the paying chain, the panel says that before you sign, because an approval without gas or balance would cost money and change nothing.

Backed's xStocks on Solana trade through Jupiter. Jupiter returns a fully built transaction that only your wallet can sign; Prism never touches the funds.

Some assets cannot be bought freely. Their token contracts enforce transfer restrictions on-chain, and a transfer to a wallet the issuer has not allowlisted simply reverts. The asset page states the requirement and links to the issuer's process. The Custody and risk section explains the eligibility tiers.

Prism runs its own automated market maker: constant-product pools in the Uniswap v2 design, on Robinhood Chain, Ethereum and Etherlink. Each pool pairs one asset against a dollar stablecoin, USDG on Robinhood Chain and USDC on Ethereum and Etherlink. Every swap pays the pool a 0.30% fee.

Anyone can provide liquidity. You deposit both sides of the pair and receive an LP token recording your share. Five sixths of every swap fee accrues to liquidity providers inside the pool; one sixth goes to the protocol. On reward-weighted pools, the farm additionally streams PRISM to staked LP tokens. The farm exists on Robinhood Chain only.

On a brand-new pool, the first deposit sets the price. If you set it away from the market, arbitrage will move it back at your cost, so seed a new pool at the market price.

Understand what a two-sided position is before opening one. Its value does not track the asset alone: when the price moves, the pool rebalances your position toward the side that fell, so you hold less of what rose and more of what did not. Fee income may or may not make up that difference. This is a property of every constant-product pool, not something Prism can remove.

Removing liquidity returns both tokens, including your accrued share of fees, and produces a P&L card showing how the position performed.

Every listing carries a verification record, and the record states its own basis. On-chain verified means Prism confirmed the contract address against the block explorer and the issuer's documentation, and read supply and holders directly from the chain. Issuer verified means the asset was confirmed from the issuer's own official disclosures, which are noted as the issuer's representations. Registry verified means the asset was confirmed through a regulated registry or transfer agent.

Be clear about what a verification record proves. It establishes that the token is what the issuer says it is and lives at the stated address. It does not prove that the off-chain asset exists in the stated quantity, that it is properly held, or that the issuer will honour redemptions. Verification reduces uncertainty about identity; it does not remove issuer or custodian risk.

Reserve Watch adds a second, independent signal. It reads token supply directly from each contract and compares it against the issuer's published figures, flagging any drift beyond tolerance. A matching supply shows the issuer has not minted beyond its attestation. It says nothing about what is in the vault; that part still rests on the issuer's own reporting.

Where an issuer carries a Chainlink Proof of Reserve feed, Prism shows it, because an oracle reporting reserves is stronger evidence than an issuer reporting its own. Such feeds are rare in tokenized assets today, and Prism states that plainly rather than implying they are standard practice.

Prism signs its own proof-of-reserves snapshot with ML-DSA-65, the post-quantum signature scheme standardised by NIST as FIPS 204. The public key is published, the private key never leaves Prism, and verification runs entirely in your browser, so you can confirm that a reserve report genuinely came from Prism and was not altered. The signature authenticates the report; it does not make the underlying data truer than its sources.

An asset page is laid out like an encyclopedia entry. The infobox at the top states the facts that matter most: issuer, custodian, legal structure, jurisdiction, investor eligibility, and the chains the token is deployed on. Below it sit the live price with its history, yield where the asset pays one, and market figures.

The structure section explains what the token legally is and what claim it represents. The reserve verification section shows the evidence described above as it applies to this asset. The contracts section lists every deployment with a link to the block explorer, so you can inspect the token yourself. Documents collects the issuer's prospectuses, attestations and terms, and a FAQ answers the questions specific to that asset.

The Prism Score gauge summarises how much of the listing has been independently verified. Read it as a measure of evidence, not of quality: a high score means the facts are well-established, not that the asset will perform.

Before buying, read three things: who the custodian is, which jurisdiction governs the structure, and whether transfer restrictions apply to your situation. Those three facts determine what you actually own and who you would deal with if something went wrong.

Do I need an account?

No. Browsing needs nothing. Buying needs only a connected wallet.

Can I pay with a bank card?

Not directly. The Add funds panel lists third-party providers that sell stablecoins straight to your own wallet, with the right chain and asset prefilled. Prism handles no card payments.

My stablecoins are on a different chain than the asset. Do I need to bridge first?

No. Pick that balance in the trade panel. You sign one transaction on the chain where the money sits, and it carries both the swap and the bridge. The panel then shows the bridge status live until funds arrive.

What happens if a cross-chain purchase fails partway?

The panel reports the failure and the reason it was given. Funds are returned by the bridge according to its policy; the source transaction and, once known, the receiving transaction are both linked so you can follow them on the explorers.

What yield does staking pay?

Prism does not publish a rate, because the protocol can change it. The staking panel shows your own projected daily emission at the current rate. Remember that accrual starts only after the 72-hour warm-up, and any new deposit restarts it.

Does a verified listing mean the asset is safe?

No. Verification establishes that the token is what the issuer claims and lives at the stated address. It does not prove the off-chain asset is properly held and it does not remove issuer, custodian or market risk.

Why can I not buy a particular asset?

Usually one of two reasons. Either no route exists at that size right now, which the panel states plainly, or the token contract restricts transfers and the issuer must allowlist your wallet first. The asset page says which applies and what to do about it.

Does Prism ever hold my funds?

No. Trades settle from your wallet, liquidity and staking positions belong to your address, and funding providers sell directly to your wallet. Prism has no custody of anything at any step.