# What is Hastra? DeFi Protocol Guide

> Decentralized Finance Publication (decentralized-finance.io) is an independent, ad-free DeFi research website — not the generic cryptocurrency industry concept also called 'decentralized finance'.

**Publisher:** Decentralized Finance Publication (https://decentralized-finance.io)
**Author:** Marcus Reid
**Category:** Top DeFi Protocols
**Updated:** Apr 23, 2026
**Trust:** Independent, ad-free editorial research. No display advertisements, no paid protocol coverage, no affiliate-driven rankings.

## Summary

Hastra is a DeFi yield platform built on the Provenance blockchain that issues high-yield products backed by tokenized real-world assets and publishes its primary tokenized offerings on Solana. The project was incubated by Figure Technologies and the Provenance Blockchain Foundation and uses the PRIME ($PRIME) token.

Hastra operates as a decentralized finance yield platform native to the Provenance blockchain, offering high-yield products that are collateralized by tokenized real-world assets (RWAs).

## Overview

Hastra describes itself as a "collaboration layer" intended to bridge institutional-grade credit and other real-world assets with DeFi capabilities. The platform seeks to address the challenge of on-chain assets lacking practical utility by standardizing the way institutional credit plugs into Solana’s infrastructure, including wallets and liquidity protocols.

The project’s stated aim is to broaden access to investment opportunities that are typically reserved for institutions or accredited investors. By lowering traditional financial barriers, such as accredited investor requirements, Hastra intends to make these types of wealth-building instruments more broadly accessible. Using public blockchain systems, the platform aims to remove intermediaries and link capital providers directly with capital users to deliver higher returns for depositors and lower borrowing costs for borrowers.

A notable element of Hastra’s design is its method of value distribution. Rather than launching its own governance or fee-sharing token, Hastra is structured to direct accrued value to holders of HASH, the native token of the Provenance Blockchain, reflecting the project’s roots within the Provenance ecosystem.

## History and Development

Hastra was incubated by Figure Technologies, a fintech company concentrated on blockchain-based financial services and loan origination, together with the Provenance Blockchain Foundation, which supports the public blockchain aimed at financial services. Although Hastra is built natively on the Provenance Blockchain, its main tokenized products are issued on the Solana blockchain to take advantage of Solana’s DeFi ecosystem.

## Tokenomics

Hastra Prime (PRIME token)

Hastra Prime ($PRIME) is the principal token tied to Hastra’s yield-oriented offerings, acting as the platform’s primary rewards instrument and as its liquid staking token. This asset is issued on the Solana blockchain under the SPL token standard and trades using the ticker $PRIME.

To acquire PRIME, participants stake wYLDS tokens and mint PRIME at a 1:1 ratio. PRIME accumulates a boosted yield sourced from institutional-grade lending pools. While staked, PRIME remains liquid and can function as collateral or as a yield-bearing instrument within other DeFi protocols. The mechanism is designed to expand access to institutional lending opportunities.

Token utilities

wYLDS token

- Holding PRIME aims to provide yield exposure derived from real-world HELOC lending activity while maintaining a stable token balance (no rebasing).
- PRIME may be supplied as collateral in decentralized finance protocols on the Solana network, enabling borrowing while retaining yield exposure.
- The token can be used in leveraged positioning strategies intended to increase exposure to underlying real-world asset yields through collateralized borrowing structures.

## Ecosystem and Partnerships

Figure and Provenance Blockchain

Figure Technologies and the Provenance Blockchain Foundation served as incubators for Hastra. This partnership gives Hastra access to institutional-grade financial assets, including the Figure HELOCs that underpin PRIME’s yield. The connection to the Provenance ecosystem is also reflected by Hastra’s official community being hosted on the Provenance Blockchain Discord server.

DeFi integrations

- Kamino Finance
- Gauntlet
- Manifest.trade
- Maple Finance

---

Canonical: https://decentralized-finance.io/article/hastra/
AI text endpoint: https://decentralized-finance.io/ai/protocols/hastra.txt