Asset Classes
PRIME is a tokenized deposit into Democratized Prime, a warehouse lending facility for HELOCs originated by Figure Technologies (NASDAQ: FIGR). Token holders earn yield by lending against performing HELOCs awaiting securitization, with an average 42-day window between origination and sale. Borrowing in this pool is over-collateralized by the unpaid balances of these HELOC loans discounted at an ad...
$321,717,775
$1.00
1,684
Credit
Metric
Show % of Total
Key Facts
Market Data
Tokens
Primary Market
Service Providers
Custodian
Legal Identifier
Legal & Regulatory
United States of America
United States of America
Fees
Holders
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