Prism is the pool inside the coin. The coin's own contract is the token and its market at once. No separate pool, no pool token, no exchange in between.

When the curve sells out, its raise becomes Prism's liquidity in that same contract. Nobody can take it out: no key, no owner switch, no withdrawal. The first v2.5 coins carry one short exception until 6 October.

Every trade pays out. Each buy and sell pays the coin's tax: 20% to the platform, the rest split by the creator between the creator, the holders (paid in the pair), buyback and burn, and the pool. Prism's 1% fee takes the same split. On a coin made since v2.5, the buyback share burns inside the trade itself. The pool's share goes back in, so Prism deepens as it trades.

Like any classic pool, it holds two reserves and every trade moves the price.

Why the name. A prism splits one beam of light. Prism splits one trade into four payouts.

The create screen calls it a Shards pool; the other kind is a Rhea pool.