Explore with Saros #4: Everything you need to know about Prism Exchange (PRISM)
Let's learn about Prism Exchange - one of the top DEX Aggregators on Solana - with Saros!
What is Prism Exchange on Solana?
PRISM is a dex aggregator powered by Symmetry, formerly known as Symmetry Swap. PRISM auto-routes your transactions to multiple liquidity sources to find you best possible prices for all of your trades.
How Prism Exchange works?
PRISM is integrated with liquidity sources across the Solana ecosystem, including Serum, Raydium, Orca, Aldrin, Lifinity, Crema & Saber. As a result, PRISM's users are enabled to swap with the best possible prices & lowest slippage.
Highlights of Prism on Solana
The UI: the user-friendly UI of Prism is easy to use and supports rapid connections to available DEXs. Additional functions are accessible and display in detail as well.
Products of Prism: Beside enabling users to access different liquidity sources for swapping, Prism also provide users with necessary parameters in trading activities such as Top Performers or Bottom Performers, tracking number data in 24H - 7D - 30D and many other data.
Optimal mechanism for users: By taking advantage of the aggregation feature for trading pairs on DEXs of Solana ecosystem, Prism supports user in automatically searching for trading pairs with high liquidity, low slippage, and saving some fees for swap, staking, farming, etc.
PRISM Token Key Metrics
- Token Name: Prism
- Ticker: PRISM
- Blockchain: Solana
- Token Standard: SPL
- Contract: PRSMNsEPqhGVCH1TtWiJqPjJyh2cKrLostPZTNy1o5x
- Token type: Utility, Governance
- Total Supply: 10,000,000,000
- Circulating Supply: 494,800,000
PRISM Token Allocation
- Incentives: 30%
- Rewards Program: 25%
- Ecosystem: 21%
- Liquidity: 10%
- Team: 10%
- Public Sale: 3%
- Airdrop: 1%
PRISM Token Sales
Fundraised: 290,000,000 PRISM at token sale price of $0.0025$ per PRISM.
PRISM Release Schedule
PRISM Token Use Cases
PRISM Token on Solana will be used for:
- Project Management
- Participating in platform’s activities such as staking, farming, etc.
- Rewards for users
- Transaction fees
- Airdrop for users
How to get PRISM token on Solana
You can get PRISM token on Solana in 2 ways:
- Centralized Exchanges: Gate.io, FTX
- Decentralized Exchanges: SarosSwap
Detailed guide: How to swap on SarosSwap
How to store PRISM token on Solana
After swapping on SarosSwap, you can store PRISM token on Solana Wallets such as Coin98 Super App.
Conclusion
We hope that this article could provide you with an overview of Prism on Solana and instructions on how to swap and get it on SaroSwap.
Stay tuned to our socials. We'll keep you posted on the further articles of Explore-with-Saros Series!
Disclaimer: The information provided is given only for educational purposes, and it should not be considered as financial advice. Saros is not liable for any financial losses or other damages incurred as a result of utilizing the aforementioned initiatives, platforms, or cryptocurrencies.
About Saros Finance
Saros Finance is the ultimate DeFi platform native to Solana, with trading, staking, and yield farming services. Built by Coin98 Labs, Saros Finance aims to adopt millions of users to DeFi.