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As of Nov 12, 2026, PrismaLRT Ultra (ULTRA) has a market cap of $12,948 across 1 chain, most of it on Ethereum ($12,915).
Stablecoin information
ULTRA is a new stablecoin issued by PrismaLRT, a new borrowing protocol developed by Prisma focused on unlocking liquidity for Liquid Restaking Tokens (LRTs).
Category:crypto-backed
Minting and Redemption
As a decentralized stablecoin on the Ethereum Mainnet, $ULTRA is minted by users (borrowers). As with all borrowing on Prisma, a user must supply collateral (at a specific collateral ratio) to be able to mint $ULTRA. Correspondingly, when a user repays a debt position (or is liquidated), PrismaLRT protocol burns that user’s $ULTRA.
Audits:No
Stablecoin usage by chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | -0.00% | -0.00% | -0.00% | 12,914.53 |
