Market platform · Robinhood Chain
Trade the market.
Collect the proof.
Defined-risk volatility and funding-rate markets. Turn settled positions into unique Prysm Credits, and redeem eligible Credits for trading-fee discounts.
Token
CA: Soon$PCRD
PrysmCredit token · Robinhood Chain
Soon — no address has been announced yet.
Informational only. $PCRD is not required to use PrysmCredit, is not the market collateral, and is not a claim on the vault, protocol fees or Prysm Credits.
One pyramid, four layers
How it works
01 · MARKET
Markets
Two defined-risk market types: realized volatility of BTC over a 7-day window, and the cumulative funding divergence between the Lighter Robinhood Chain domain and Hyperliquid. Fully collateralised complementary UP and DOWN shares, traded on an escrowed on-chain order book.
Explore markets →02 · SETTLEMENT
Settlement
A published dataset, a versioned calculation, a signed observation, a challenge window, then finalization. Payout is linear between the market’s bounds and capped outside them; every rounding rule favours the vault so payouts never exceed the locked collateral.
Settlement rules →03 · CREDIT
Credits
When a market finalizes normally, a wallet that paid the minimum net fee and redeemed a qualifying payout can claim exactly one Prysm Credit: an ERC-721 whose pyramid is rendered on chain from an immutable seed.
Credit archive →04 · BENEFIT
Benefits
Collect it, or burn it to activate a bounded protocol-fee discount: fixed rate, fixed cap, fixed expiry, one per wallet. The cap is always below the fee needed to earn it, so the loop can never be a rebate machine.
Rewards →
Markets
Two defined-risk market types
MARKET 01
Realized Volatility
Will BTC move more or less than the market expects over the next seven days? UP pays more the higher the realised volatility of hourly closes; DOWN pays more the lower. Computed from prices, never from option quotes.
No deployed market of this type on this network.
Contracts are not deployed on this network. Local functionality is available with the development chain (see the runbook); no testnet deployment exists.
Market directory →MARKET 02
Funding Divergence
Do perpetual traders on the Lighter Robinhood Chain domain pay more or less funding than on Hyperliquid over a day? UP pays more when the on-chain venue’s cumulative funding runs above the external venue’s; DOWN when it runs below.
No deployed market of this type on this network.
Contracts are not deployed on this network. Local functionality is available with the development chain (see the runbook); no testnet deployment exists.
Market directory →TRANSACTION PROOF
Every Credit starts with a verifiable receipt.
Receipt · example
- MARKET 01RVOL-BTC-7D
- FILL6,000 UP @ 0.4200 USDG
- PROTOCOL FEE5.04 USDG (net)
- SETTLED46.20 % → UP 43.67 %
- REDEEMED2,620.20 USDG
- RECEIPT0x9f1c…6d7e
A fill pays a net protocol fee; the market settles; the shares are redeemed. Those three facts are what the contract checks before minting. The receipt identifier is keccak256(chain id, collection, market, account) — derived from immutable identifiers, never from the mint transaction’s own hash.
provenance · market 01 · receipt 0x9f1c…6d7e · renderer v1 · example
CREDIT ARCHIVE
Minted Credits
Benefits
Collect it. Or redeem its utility.
A Credit is an original collectible. Its owner may burn it once to activate a bounded protocol-fee discount: a fixed rate, a fixed cap, a fixed expiry, one active entitlement per wallet, no stacking. The discount never touches collateral or gas, cannot be withdrawn and creates no debt.
RewardsEntitlement terms · development parameters
Terms as configuredPending means pending: the completion animation runs only after a confirmed receipt; on failure the Credit stays visible and the error is explained. Secondary-market prices are outside every guarantee here.
PROTOCOL STATUS
Transparency
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