Prism cLUNA Price
Prism cLUNA Market CapN/A
24h Trade Volume
All-Time-High (ATH) Price
Prism cLUNA Live Chart
Prism cLUNA price Index provides the latest CLUNA price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.
The Prism cLUNA to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.
CLUNA to USD Converter
Prism cLUNA Quarterly Returns (USD)
Prism cLUNA Monthly Returns (USD)
Prism cLUNA Annual Price (USD)
|2022||-46.8%||$ 39.58||$ 14.79|
Prism cLUNA Live Info Today
Prism cLUNA's current price is $ 16.50, it has dropped -0.36% over the past 24 hours.
Prism cLUNA's All Time High (ATH) of $ 39.58 was reached on 10 May 2022, and is currently -58.3% down.
What is Prism cLUNA
Prism cLUNA is a collateral token (CT) representing users' claim on the assets in the Asset Vault of Prism Protocol. A user with a Yield-Bearing Asset (YBA) will be able to commit that asset to the Asset Vault (AV) and in return they will receive a Collateral Token (CT) representing their claim on the assets in the AV. For example if a user commits 1 LUNA to the AV they would receive 1 cLUNA. This is similar to the process used in Anchor Protocol where LUNA can be used mint bLUNA. In PRISM v1.0 the CT is used to mint a perpetual Principal Token (PT) and a perpetual Yield Token (YT). In future versions of PRISM more maturities will become available.
A holder of a CT has several ways of redeeming the underlying YBA from the AV
- Swap the CT on AMM into the YBA. This process happens immediately and the user receives the YBA in their wallet. For example swapping cLUNA to LUNA on the AMM.
- Redeem the Yield-Bearing Asset (YBA) from the Asset Vault (AV). This will start the native assets unstaking period. For example with LUNA this will be at least 21days.
PRISM is a revolutionary derivatives protocol that introduces new asset classes in DeFi, allowing users to manage the risks associated with volatile prices and unstable yields in a simple and capital efficient manner.