Structured Credit
The originator loses first, always. Investors sit above that in tranches, senior, mezzanine, and junior, each priced for how much protection is underneath it.
The originator loses first, always. Investors sit above that in tranches, senior, mezzanine, and junior, each priced for how much protection is underneath it.
Credit used to mean locking up capital and finding out what happened at maturity, when it's too late to act. Your tranche position trades on-chain the whole time. Price it, watch it, exit it, before maturity if you need to.
Prism gives you transparent access to private credit yield you could never reach before, with the liquidity to move when you need to.
For originators raising against receivables, and investors pricing the risk on them.
ORIGINATOR FIRST-LOSS
Every pool requires the originator to post first-loss capital before it opens. A floor the contract checks, not a policy that can be waived.
FOR ORIGINATORS
Bring receivables banks can't move fast enough on. Post first-loss, get tranched and priced, and raise from investors, no bank-loan-sized minimum required.
ON-CHAIN INFRASTRUCTURE
First-loss floors, tripwires, and repayment controls run as contract logic on Solana. Checked automatically, not audited after the fact.
[ Security ]
On-chain private credit has failed before because investors had to take an originator's word for it. Every Prism pool is built so that doesn't happen again.
Before a pool opens, the originator posts first-loss capital on-chain, an enforced floor, not a promise on a pitch deck.
Borrower repayments settle into accounts the originator can't move money out of, closing the gap where past on-chain lenders lost track of cash.
If collections fall below a pool's threshold, new funding stops automatically and incoming cash goes to repaying investors first.
[ Latest Articles ]
Thoughts on credit, liquidity, and building the market infrastructure that crypto skipped over. Straight from the team.
PRISM is turning credit risk into something liquid, tradable, and programmable on Solana. Credit is one of the largest markets in the world, but most credit products still behave like private spreadsheets.
Prism Protocol · x.comWhy has crypto rebuilt almost every major financial primitive... except credit? You lend money, your capital stays locked until repayment. The real market isn't lending — it's the risk behind lending.
SkyyCodes · x.comGot questions?
Say less, we've got answers.
No. Prism structures and tranches pools that originators bring (invoice discounters, merchant lenders, payout platforms). It never originates or holds loans on its own balance sheet.
“We have to have money. We have to have credit. Otherwise the fruits of production could not be exchanged.”
- Henry Ford
