Trade Volatility
Express a view on how much uncertainty the market is pricing.
Example market
ETH 30D IMPLIED VOL
Deribit DVOL
Will ETH IV settle above 65%?
- ABOVE 65%
- BELOW 65%
Defined-risk on-chain markets
PrysmMarket is an on-chain derivatives protocol for expressing views on volatility, funding conditions, and broader market dynamics.
Products
VOL · FUNDING · RANGE
Settlement
Predefined · UTC
Exposure
Defined at entry
Beyond price
Markets move in more ways than one.
PrysmMarket turns these conditions into markets that can be observed, expressed, and settled on-chain.
Market products
Each product isolates one dimension of market conditions and turns it into a market with defined outcomes.
Express a view on how much uncertainty the market is pricing.
Example market
ETH 30D IMPLIED VOL
Deribit DVOL
Will ETH IV settle above 65%?
Take a position on changes and divergence in perpetual funding markets.
Example market
BTC FUNDING SPREAD
Hyperliquid / Binance
Express views on where a market metric will settle within predefined ranges.
Example market
ETH 30D IV
Defined parameters
Market structure, settlement methodology, expiry, data source and exposure should be visible before a user participates.
01
Every market lists its possible outcomes before it opens. There is no open-ended payoff and no hidden leverage.
02
Each market has a fixed expiry in UTC. The observation window and the moment of resolution are known in advance.
03
The metric, data source and settlement methodology are published with the market and cannot change after launch.
How it works
Discover markets based on volatility, funding and measurable market conditions.
Select the outcome corresponding to your market view.
Markets resolve according to predefined parameters and settlement methodology.
Market terminal
Markets
08
Feeds live
08/08
Sources
Deribit · Binance · Hyperliquid
| Metric · Current | ||||
|---|---|---|---|---|
| BTC FUNDING SPREADWill the BTC funding spread settle above 5 bps? | >5 bps0.84 bps | 2% | +0.53 bps | |
| ETH FUNDINGWill ETH 8h funding settle above 0.005%? | >0.005%0.0039% | 45% | -0.0019% | |
| BTC FUNDING 24HWill BTC funding stay positive for the next three 8h windows? | All windows >00.0016% | 34% | -0.0012% | |
| ETH 30D IVWill ETH 30D IV settle above 65%? | >65%52.84% | 2% | +1.00% | |
| BTC 30D IVWill BTC 30D IV settle above 55%? | >55%38.03% | 2% | -0.54% | |
| BTC IV COMPRESSIONWill BTC 30D IV settle below 45%? | <45%38.03% | 98% | -0.54% |
Will the BTC funding spread settle above 5 bps?
Will ETH 8h funding settle above 0.005%?
Will BTC funding stay positive for the next three 8h windows?
Will ETH 30D IV settle above 65%?
Will BTC 30D IV settle above 55%?
Will BTC 30D IV settle below 45%?
Infrastructure
Observable inputs.
Defined parameters.
Transparent resolution.
Data source
Live metric from Deribit, Binance and Hyperliquid
Market definition
Threshold or range · expiry rule · methodology
Position
Outcome selected · exposure fixed at entry
Expiry
Observation window closes at a fixed UTC time
Settlement
Resolution applied exactly as defined
Ecosystem token
$PRYM
$PRYM is designed to coordinate participation across the PrysmMarket ecosystem.
Potential protocol functions
01
Participate in protocol decisions: market listings, parameter changes and methodology updates.
02
Coordinate liquidity and participation across newly listed and thinly traded markets.
03
Align data providers, settlement operators and market creators under one framework.
04
Potential mechanisms for aligning long-term participants with protocol health. Subject to governance.
Contract details will be published here and on the Transparency page once a verified deployment exists. Treat any address shared elsewhere as unverified.
Transparency
Explore markets built around volatility, funding, and the changing conditions behind digital assets.