PrismLaunch app

Your stock stays.
Its interest pays for AI.

Deposit NVDAx, SPYx, QQQx or USDC into a vault of your own on Solana. Nothing is sold. The interest becomes NOTE, a dollar of AI across 336 models through one key.

in USDC pays for $38.44 of AI every month.About 96k requests to Claude Haiku 5.5. The deposit is never spent.

Launch appRead the paper

Rates live from Kamino · 16:25 UTC · Prism launches on Meteora

USDC rate
4.61%
Stock rate
0.77%
Deposits
USDC, QQQx, NVDAx, SPYx
Lending
Kamino on Solana
Credit
1 NOTE = 1 USDC
As of
16:25 UTC, 20 Oct 2026

Today's rates on Kamino

Each vault is yours alone. Dollars are lent in Kamino's main market. A stock stays as collateral while the vault borrows 30% of its value in PYUSD and lends it; the stock earns the difference.

VaultStrategyRate, a yearMax loan-to-value$10,000 pays a month
Closed7 stocksHOODx · GOOGLx · CRCLx · TSLAx · METAx · AAPLx · MSTRx−2.12 ppEach borrows USDC at 6.73%; lending earns 4.61%

Rates read from Kamino at 16:25 UTC; they move with demand. A stock vault opens only while its spread is positive.

Interest, slot by slot

Kamino accrues interest every Solana slot, about 0.4 seconds. This is what the deposit you picked would earn while you read, at today's rate. A vault turns it into NOTE as it comes in.

prism/meter$10,000 in USDC at 4.61%
  1. waiting for the next slots
$0.000000earned since you opened this page

A computation at today's rate, not a live vault. Each row is six slots, about 2.4 seconds.

$
NOTE a month
$38.44
A year
$461.27
Rate
4.61%
Principal spent
$0
ModelPer 1M tokens, in / outRequests a month
Claude Haiku 5.5Anthropic · cheapest$0.10 / $0.5096k
DeepSeek V4.1 FlashDeepSeek$0.15 / $0.6073k
Gemini 3.8 FlashGoogle$0.83 / $4.1312k
GPT-5.4 MiniOpenAI$0.75 / $4.5011k
Grok 4.7xAI$2.00 / $6.006,407
Claude Sonnet 5.5Anthropic$2.00 / $10.004,805
Gemini 4 ArgonGoogle$2.00 / $10.004,805
Claude Opus 5.5Anthropic$4.00 / $20.002,402
GPT-5.5OpenAI$5.00 / $30.001,708
GPT-5.5 ProOpenAI$30.00 / $180.00285

A request is 1,500 tokens in and 500 out. Prices are OpenRouter's, read live.

Your deposit stays yours

Each is a requirement of the vault's design. At launch each one is a property of the deployed program that anyone can check onchain.

Your money
Withdraw at any slot
The whole deposit, whenever you like. No lockup and no notice period.
Your money
Only you can withdraw
The vault has no function that moves a deposit anywhere but back to its depositor. Only the interest that pays for NOTE ever leaves.
The code
Days of notice
A move to a different Kamino market is announced onchain days ahead, so anyone can leave first.
The lending
Built on Kamino
Deposits are lent through Kamino, Solana’s largest lending protocol: USDC in the main market, stocks in the isolated xStocks market.
Stock loans
Kept small
A stock vault borrows 30% of the stock’s value and repays early above 38%, far from the market’s limit.
Backing
A dollar behind every NOTE
Every NOTE in circulation has one USDC behind it, held onchain and checkable by anyone.

The risks that stay are on the risks page.

Hold 1,000 $PRISM to unlock Auto routing

Each request goes to the cheapest model that can do it. Nothing is staked and there is nothing to sign up for: Prism reads the wallet's balance when it signs in, and the same NOTE buys about 2–3× more. Here is the size of the difference at today's prices.

  1. Hold 1,000 $PRISMin the wallet you use with Prism.
  2. Sign in with that walletPrism reads the balance. Nothing is staked or locked.
  3. Pick Autoin chat, or model="auto" in the API, and each request goes to the cheapest model that can do it.

Hold 0.1% of $PRISM, and NOTE lands every 30 minutes

Wallets holding at least 1,000,000 $PRISM, 0.1% of the supply, get NOTE dropped into them every 30 minutes, in proportion to what they hold. No staking and nothing to claim.

Threshold
1,000,000 $PRISM
Every
30 minutes
Split
By balance
  1. Summarize an emailClaude Sonnet 5.5$0.0080Claude Haiku 5.5$0.0004−95%
  2. Review a pull requestClaude Opus 5.5$0.0160Claude Sonnet 5.5$0.0080−50%
  3. Draft a replyGPT-5.5$0.0225DeepSeek V4.1 Flash$0.0005−98%

Per request of 1,500 tokens in and 500 out. The router decides per request; the rows show the size of the difference, not a promise.

How it works

One line from your stock to a model, drawn as you scroll: the loan, the deposit, the interest, the credit and the router.

Your QQQxNasdaq 100stays yoursYour vaultborrows 30% of valuelimit 70%Kamino · SentoraPYUSD at 0.85%the loanKamino · mainlent at 3.43%the dollars workInterest, every slot0.77% of your stockUSDC alone: 4.61%NOTE minted1 NOTE = $1 of AIbacked 1:1 by USDCThe router$PRISM holderscheapest model that can336 modelsone API keyor the app

Deposit. NVDAx, SPYx, QQQx or USDC go into a vault of your own on Solana. Nothing is sold.

A small loan. A stock vault borrows PYUSD worth 30% of the stock's value in Kamino's isolated xStocks market, at 0.85%, far under the 70% limit.

The dollars work. The PYUSD is lent in Kamino's main market at 3.43%. The gap is your interest: 0.77% of the stock a year. USDC skips the loan and earns 4.61%.

Interest becomes NOTE. One per dollar, each backed by a dollar of USDC held onchain. Hold it, send it, or spend it.

NOTE pays for models. 336 of them through one key; $PRISM holders route each request to the cheapest model that can do it.

Built on Kamino lending markets

Prism does not invent a lending protocol. It connects pieces that are already live: tokenized stocks on Solana, Kamino for lending, and OpenRouter for models.

  1. 1 · Your depositStocks or dollars

    xStocks (NVDAx, SPYx, QQQx), tokenized shares on Solana, or USDC.

    Solana · Backed xStocks
  2. 2 · VaultPrism vault

    One vault per asset. It tracks what you own and decides where it is lent.

    Prism program
  3. 3 · LendingKamino markets

    USDC goes to the main market. Stocks are collateral in the isolated xStocks market, borrowing PYUSD to lend in the main one.

    Kamino Lend
  4. 4 · InterestNOTE

    Interest accrues every slot. Every 30 minutes a keeper collects it and mints NOTE to you, one per dollar.

    Prism keeper
  5. 5 · AIEvery model

    Your key reaches hundreds of models from every major lab, each request charged at its real price.

    OpenRouter
Why Kamino
Isolated markets
Stocks sit in their own market with their own risk settings, so trouble in one cannot spread to the others.
Why vaults
Shares, not dollars
The vault counts a stock deposit in shares. Only the interest is spent, so your share count never drops.
Why OpenRouter
Every model, one bill
OpenRouter connects OpenAI, Anthropic, Google, DeepSeek and more, with fallbacks when a provider is down.

AI credits, backed 1:1

NOTE is AI credit as a token. Every NOTE is backed by 1 USDC held onchain and buys $1 of AI on Prism. Hold it, send it, or hand it to an agent that pays for its own models.

1 NOTE
$1 of AI across 336 models
Backed by
1 USDC held per credit, checkable onchain
Redeem
Back to USDC any time, 2% exit fee
Chain
Solana
NOTE in the app
  1. Lock1 USDC in, 1 NOTE out
  2. MoveSend it, or give it to an agent
  3. SpendOn any model, or redeem for USDC

Every major model on one key

NOTE works across 336 models through one OpenAI-compatible API, or right in the Prism app. No separate accounts or bills.

  • Anthropic, Google, DeepSeek, OpenAI, xAI, and more, through OpenRouter
  • Streaming, tools and JSON mode work as usual
  • Every request is paid from your NOTE, nothing to top up
# pip install openai
from openai import OpenAI

client = OpenAI(base_url=PRISM_BASE_URL, api_key=PRISM_KEY)

reply = client.chat.completions.create(
    model="auto",
    messages=[{"role": "user", "content": "Summarize this email"}],
)

Works with any OpenAI-compatible SDK. The base URL and keys are issued at launch. Developer docs

Common questions

What can I deposit?

USDC, and the tokenized stocks Kamino lends against with a positive spread today: NVDAx, SPYx and QQQx. Others open when borrowing against them costs less than lending earns; the closed row in the rates table shows which.

Do I still own my shares?

Yes. The stock sits in a vault built so only your wallet can withdraw it. It is never sold; it is collateral for a loan of 30% of its value.

Where does the interest come from?

From borrowers on Kamino, who pay to borrow what is deposited and must lock up more collateral than they borrow. For stocks, the vault borrows PYUSD against them and lends it; you earn the difference between the two rates.

What if the spread turns negative?

Then that stock earns nothing as AI credits and no new deposits open for it. Your shares stay yours and can be withdrawn at any slot.

What happens to NOTE I do not use?

It stays yours and never expires. NOTE is a token backed 1:1 by USDC: keep it, send it to another wallet or to an agent, or redeem it for USDC with a 2% exit fee.

Can I deposit SOL or other tokens?

Not at launch. The vaults take USDC and the xStocks listed above; you can swap into them on Jupiter from the app.

Which models can I use?

Any model OpenRouter serves: OpenAI, Anthropic, Google, DeepSeek, xAI, Meta, Mistral and more, at each model’s own price.

What does $PRISM do?

Two things. Holding 1,000 $PRISM turns on Auto routing, which sends each request to the cheapest model that can do it, so the same NOTE buys about 2–3× more. Holding 0.1% of the supply (1,000,000) brings NOTE drops every 30 minutes, in proportion to what you hold. It launches on Meteora.

What are the risks?

Smart contract bugs, rates that move or fall to zero, a loan on your stock that is repaid early if prices fall, issuer controls on xStocks, and USDC’s own risks. The risks page lists each one.

Is the vault live?

Not yet. The rates, prices and models on this site are read live; the vault program is being built to the rules above, and each one becomes a property you can check onchain at launch.

Start earning AI credits

Connect a Solana wallet, see what your stocks and dollars would pay for, and be ready when the vaults open.

Launch appRead the paper