NEST OVERVIEW
Available Vaults
Available Vaults
Section titled “Available Vaults”Nest vaults combine multiple asset classes and yield strategies into structured portfolios designed to balance return and liquidity.
This page is generated from the same vault data snapshot used by the integration guides and smart-contract tables. Live and partner/listed vaults are shown here; unlisted integration guides are omitted from this public directory.
Data snapshot: June 8, 2026 at 11:15 PM UTC. APY, TVL, composition, redemption timing, and supported asset data can change quickly and should be treated as point-in-time reference data.
Vault list
Section titled “Vault list”| Vault | Yield | Redemption | Chains | Deposit |
|---|---|---|---|---|
| nTBILL Nest Treasury Vault | 30D yield: 3.28% | 4 days |    |   |
| nALPHA Nest Alpha Vault | 30D yield: 10.2% | 7 days | | |
| nBASIS Nest Basis Vault | 30D yield: 3.7% | 4 days | | |
| nOPAL Nest BlackOpal LiquidStone II Vault | 30D yield: 11.4% | 4 days | |  |
| nCREDIT Nest Credit Vault | Target APY: 8% | 7 days | | |
| nWISDOM Nest Wisdom Vault | Target APY: 6% | 4 days | | |
| nACRDX Nest ACRDX Vault | Target APY: 2% | 90 days | | |
| nLCRD Nest Liquid Credit Vault | Estimated APY: 19% | 7 days | | |
| nPERENA Nest Perena Vault | Target APY: 9% | 7 days | | |
| nFALCON Nest FalconX CLO Vault | Estimated APY: 8% | 7 days | | |
| nCLOA Nest BlackRock iShares AAA CLO Active ETF Vault | See app | 7 days | | |
Vault details
Section titled “Vault details”nTBILL
Section titled “nTBILL”Nest Treasury Vault
The vault takes stablecoin deposits and allocates them into a conservative portfolio of short-duration U.S. Treasuries and high-quality government yield vehicles, including AAA-rated treasury funds and related cash-equivalent instruments. In return, depositors receive nTBILL, a vault token representing their share of the portfolio.
Cash flows generated by the underlying treasury exposures are automatically reinvested into the vault, with returns reflected directly in the nTBILL token price rather than distributed — providing passive exposure to stable, cash-like real-world yield.
The strategy is designed for capital preservation with consistent yield, combining highly liquid, regulated assets and transparent backing while remaining fully composable for use across on-chain strategies and liquidity protocols.
| Field | Value |
|---|---|
| Status | Live |
| Yield | 30D yield: 3.28% |
| TVL | $967K |
| Redemption estimate | 4 days |
| EVM chains | Plume, Ethereum |
| Deposit and redemption assets | USDC, pUSD |
| Solana | Supported |
| Yield source partners | Centrifuge |
| Composition | Janus Henderson Fund, Superstate USTB |
| Integration guide | nTBILL guide |
Yield strategy
Section titled “Yield strategy”The allocation focuses on short-duration U.S. Treasuries and cash-equivalent instruments to prioritize capital preservation and liquidity. This structure aims to deliver stable, low-volatility yield backed by government securities.
Risk considerations
Section titled “Risk considerations”nTBILL primarily holds short-duration U.S. Treasury and cash-equivalent instruments, which generally aim to minimize volatility but are still affected by interest rate movements. Changes in monetary policy or rate expectations may impact yield and token price over time. Additional risks include operational dependencies and temporary liquidity constraints, even when underlying assets are government-backed.
Vault composition
Section titled “Vault composition”| Asset | Type | Current weight | Asset yield |
|---|---|---|---|
| Liquid assets | Deposit and redemption liquidity | 0.49% | Excluded from yield APY |
| Janus Henderson Fund | U.S. Treasury Fund | 56.8% | 30D APY: 1.59% |
| Superstate USTB | U.S. Treasury Fund | 42.8% | 30D APY: 3.22% |
nALPHA
Section titled “nALPHA”Nest Alpha Vault
Alpha is Nest’s flagship real-world yield vault. The vault takes stablecoin deposits and allocates them into a diversified portfolio of tokenized real-world assets, including payment financing and private credit. In return, depositors receive nALPHA, a vault token representing their share of the portfolio.
Cash flows generated by the underlying assets are automatically reinvested into the vault, with returns reflected directly in the nALPHA token price rather than distributed — providing passive exposure to income-generating RWAs.
The strategy is designed to deliver compelling real-world returns by combining consistent income, transparent asset backing, and capital efficiency, while remaining fully composable for use across on-chain strategies and yield amplification protocols.
| Field | Value |
|---|---|
| Status | Live |
| Yield | 30D yield: 10.2% |
| TVL | $7.2M |
| Redemption estimate | 7 days |
| EVM chains | Plume, Ethereum |
| Deposit and redemption assets | USDC, pUSD |
| Solana | Supported |
| Yield source partners | Apollo, Superstate, Black Opal |
| Composition | Nest BlackOpal LiquidStone II Vault, Nest ACRDX Vault, Nest Treasury Vault, Nest Falcon Vault, Nest Liquid Credit Vault, Nest BlackRock iShares AAA CLO Active ETF Vault |
| Integration guide | nALPHA guide |
Yield strategy
Section titled “Yield strategy”This allocation blends multiple real-world income sources to balance yield, durability, and diversification. Exposure across energy, payment financing, private credit, and an actively managed ETF helps smooth cash flows while reducing reliance on any single asset class.
Risk considerations
Section titled “Risk considerations”nALPHA is exposed to the performance of multiple real-world asset classes, including energy, payment financing, private credit, and managed fund strategies. Risks may include variability in cash flows, counterparty and operational risk across multiple asset managers, and sensitivity to macroeconomic or sector-specific cycles. Liquidity may be impacted during periods of market stress or reduced activity in underlying asset markets.
Vault composition
Section titled “Vault composition”| Asset | Type | Current weight | Asset yield |
|---|---|---|---|
| Liquid assets | Deposit and redemption liquidity | 3.75% | Excluded from yield APY |
| Nest BlackOpal LiquidStone II Vault | Vault on Nest | 65.4% | 30D APY: 11.4% |
| Nest ACRDX Vault | Vault on Nest | 1.38% | 30D APY: 1.13% |
| Nest Treasury Vault | Vault on Nest | 5% | 30D APY: 3.28% |
| Nest Falcon Vault | Vault on Nest | 1.44% | 30D APY: 7.67% |
| Nest Liquid Credit Vault | Vault on Nest | 19.7% | 30D APY: 17.8% |
| Nest BlackRock iShares AAA CLO Active ETF Vault | Vault on Nest | 3.33% | Rolling 7D: -3.93% |
nBASIS
Section titled “nBASIS”Nest Basis Vault
The vault takes stablecoin deposits and allocates them into institutional crypto basis and cash-and-carry strategies through the Bitwise Crypto Carry Fund, capturing non-directional returns from futures basis spreads across crypto assets. In return, depositors receive nBASIS, a vault token representing their share of the strategy.
Cash flows generated by the underlying basis trades are automatically reinvested into the vault, with returns reflected directly in the nBASIS token price rather than distributed — enabling passive exposure to market-neutral, yield-seeking crypto basis returns.
The strategy is designed to focus on spread capture (rather than price direction), combining institutional execution and transparent backing while remaining fully composable for use in on-chain strategies and looping protocols.
| Field | Value |
|---|---|
| Status | Live |
| Yield | 30D yield: 3.7% |
| TVL | $25.51M |
| Redemption estimate | 4 days |
| EVM chains | Plume, Ethereum |
| Deposit and redemption assets | USDC, pUSD |
| Solana | Supported |
| Yield source partners | Crypto Basis |
| Composition | Superstate USTB, Superstate USCC |
| Integration guide | nBASIS guide |
Yield strategy
Section titled “Yield strategy”The allocation is designed to capture futures basis spreads through institutional cash-and-carry strategies. By focusing on non-directional basis returns, the vault targets yield that is largely independent of crypto market price movements.
Risk considerations
Section titled “Risk considerations”nBASIS depends on the persistence of futures basis spreads generated through cash-and-carry strategies. Risks include basis compression, changes in funding rates, execution risk, and counterparty exposure within derivatives markets. Periods of low volatility or structural changes in futures markets may reduce the availability or consistency of basis returns.
Vault composition
Section titled “Vault composition”| Asset | Type | Current weight | Asset yield |
|---|---|---|---|
| Liquid assets | Deposit and redemption liquidity | 0.11% | Excluded from yield APY |
| Superstate USTB | U.S. Treasury Fund | 35.6% | 30D APY: 3.22% |
| Superstate USCC | Crypto Carry Fund | 64.2% | 30D APY: 3.91% |
Nest BlackOpal LiquidStone II Vault
The vault takes stablecoin deposits and allocates them into tokenized exposure to BlackOpal’s LiquidStone II fund, which invests in FX-hedged, short-dated Brazilian credit card receivables for yield generation and Superstate’s USCC market-neutral strategy for liquidity management.
Cash flows generated by the underlying assets are automatically reinvested into the vault, with returns reflected directly in the nOPAL token price rather than distributed — providing passive exposure to diversified, real-world credit income.
The strategy is designed to deliver yield through credit card receivables backstopped by credit card networks with higher liquidity through the market-neutral sleeve.
| Field | Value |
|---|---|
| Status | Live |
| Yield | 30D yield: 11.4% |
| TVL | $13.6M |
| Redemption estimate | 4 days |
| EVM chains | Plume, Ethereum |
| Deposit and redemption assets | USDC, pUSD, USDT |
| Solana | Supported |
| Yield source partners | Superstate, BlackOpal |
| Composition | LiquidStone by BlackOpal, Nest Treasury Vault, Nest Falcon Vault |
| Integration guide | nOPAL guide |
Yield strategy
Section titled “Yield strategy”The allocation emphasizes short-duration receivables and payment financing assets to generate frequent, contract-based cash flows. This structure supports consistent income while limiting long-term exposure to interest rate and duration risk.
Risk considerations
Section titled “Risk considerations”nOPAL is exposed to short-duration credit and receivables-based assets, where performance depends on borrower repayment behavior and servicing efficiency. Risks may include credit defaults, geographic or consumer concentration, and operational risks within payment and receivables platforms. Local economic conditions and regulatory changes may also affect cash flow reliability.
Vault composition
Section titled “Vault composition”| Asset | Type | Current weight | Asset yield |
|---|---|---|---|
| Liquid assets | Deposit and redemption liquidity | 1.04% | Excluded from yield APY |
| LiquidStone by BlackOpal | Credit Card Receivables Financing | 98.8% | 30D APY: 11.9% |
| Nest Treasury Vault | Vault on Nest | 0.13% | 30D APY: 3.28% |
| Nest Falcon Vault | Vault on Nest | See app | See app |
nCREDIT
Section titled “nCREDIT”Nest Credit Vault
The vault takes stablecoin deposits and allocates them into a diversified mix of institutional-grade public and private credit exposures, blending senior secured loans, trade finance, crypto basis strategies, and short-term debt instruments sourced from leading global managers and innovative on-chain platforms. In return, depositors receive nCREDIT, a vault token representing their share of the combined strategy.
Cash flows and income generated by the underlying credit exposures are automatically reinvested into the vault, with returns reflected directly in the nCREDIT token price rather than distributed — providing passive exposure to resilient, credit-oriented yield.
The strategy is designed to provide stable income with diversified credit exposure, combining multiple yield sources into a single vehicle
| Field | Value |
|---|---|
| Status | Live |
| Yield | Target APY: 8% |
| TVL | $39.7K |
| Redemption estimate | 7 days |
| EVM chains | Plume, Ethereum |
| Deposit and redemption assets | USDC, pUSD |
| Solana | Not supported |
| Yield source partners | WisdomTree, Nest Opal Vault |
| Composition | Nest Treasury Vault, Nest BlackOpal LiquidStone II Vault, Nest Wisdom Vault |
| Integration guide | nCREDIT guide |
Yield strategy
Section titled “Yield strategy”The allocation aggregates multiple credit strategies into a single portfolio to diversify income sources and reduce concentration risk. By blending public and private credit exposures, the vault aims to deliver resilient, credit-driven yield across market conditions.
Risk considerations
Section titled “Risk considerations”nCREDIT aggregates multiple public and private credit strategies, which can introduce correlated credit risk during downturns. Risks include borrower defaults, liquidity mismatches between assets and redemptions, counterparty exposure, and valuation uncertainty in private credit components. Macroeconomic conditions and regulatory changes affecting credit markets may materially impact performance.
Vault composition
Section titled “Vault composition”| Asset | Type | Current weight | Asset yield |
|---|---|---|---|
| Liquid assets | Deposit and redemption liquidity | 5.93% | Excluded from yield APY |
| Nest Treasury Vault | Vault on Nest | See app | See app |
| Nest BlackOpal LiquidStone II Vault | Vault on Nest | 60.3% | 30D APY: 11.4% |
| Nest Wisdom Vault | Vault on Nest | 33.8% | 30D APY: -29.35% |
nWISDOM
Section titled “nWISDOM”Nest Wisdom Vault
The vault takes stablecoin deposits and allocates them into tokenized exposure to WisdomTree’s private credit and alternative income fund, offering diversified access to direct lending, asset-backed, and opportunistic credit strategies. In return, depositors receive nWISDOM, a vault token representing their share of the portfolio.
Cash flows generated by the underlying private credit and alternative income exposures are automatically reinvested into the vault, with returns reflected directly in the nWISDOM token price rather than distributed — providing passive exposure to diversified, income-oriented real-world credit.
The strategy is designed to deliver credit-oriented yield through a portfolio of private credit and alternative income assets, combining transparent asset backing and disciplined credit selection
| Field | Value |
|---|---|
| Status | Live |
| Yield | Target APY: 6% |
| TVL | $2.83M |
| Redemption estimate | 4 days |
| EVM chains | Plume, Ethereum |
| Deposit and redemption assets | USDC, pUSD |
| Solana | Supported |
| Yield source partners | WisdomTree |
| Composition | WisdomTree CRDYX, Nest Treasury Vault |
| Integration guide | nWISDOM guide |
Yield strategy
Section titled “Yield strategy”The allocation spans diversified private credit and alternative income strategies selected for income generation and credit quality. Combining multiple credit segments helps balance yield potential with portfolio diversification.
Risk considerations
Section titled “Risk considerations”nWISDOM invests in private credit and alternative income strategies, which may involve longer settlement cycles and less frequent valuation updates. Risks include borrower default, reduced liquidity relative to public markets, and reliance on manager credit selection. Performance may be influenced by broader credit cycles, interest rate conditions, and macroeconomic factors.
Vault composition
Section titled “Vault composition”| Asset | Type | Current weight | Asset yield |
|---|---|---|---|
| Liquid assets | Deposit and redemption liquidity | 0.53% | Excluded from yield APY |
| WisdomTree CRDYX | Institutional Private Credit | 99.4% | 30D APY: -38.18% |
| Nest Treasury Vault | Vault on Nest | 0.04% | 30D APY: 3.28% |
nACRDX
Section titled “nACRDX”Nest ACRDX Vault
The vault takes stablecoin deposits and allocates them into tokenized exposure to Apollo’s diversified global credit strategy, spanning direct corporate lending, asset-backed lending, and dislocated credit across public and private markets. In return, depositors receive nACRDX, a vault token representing their share of the portfolio.
Income generated by the underlying credit exposures is reflected directly in the nACRDX token price rather than distributed — providing passive exposure to diversified, institutional-grade credit yield.
The strategy is designed to deliver consistent income through a diversified mix of public and private credit, combining institutional execution and transparent asset backing.
| Field | Value |
|---|---|
| Status | Live |
| Yield | Target APY: 2% |
| TVL | $99.8K |
| Redemption estimate | 90 days |
| EVM chains | Plume, Ethereum |
| Deposit and redemption assets | USDC, pUSD |
| Solana | Not supported |
| Yield source partners | Apollo, Centrifuge |
| Composition | Apollo ACRDX, Nest Treasury Vault |
| Integration guide | nACRDX guide |
Yield strategy
Section titled “Yield strategy”The allocation spans Apollo’s diversified global credit strategy across direct corporate lending, asset-backed lending, and dislocated credit. This mix is designed to generate consistent income through institutional public and private credit exposure while diversifying across multiple credit segments.
Risk considerations
Section titled “Risk considerations”nACRDX invests across public and private credit, so risks include borrower defaults, reduced liquidity, valuation uncertainty in less liquid positions, and changing macroeconomic conditions across corporate and asset-backed credit markets. Apollo’s published strategy materials describe the fund as spanning direct corporate lending, asset-backed lending, and dislocated credit.
Vault composition
Section titled “Vault composition”| Asset | Type | Current weight | Asset yield |
|---|---|---|---|
| Liquid assets | Deposit and redemption liquidity | 0.16% | Excluded from yield APY |
| Apollo ACRDX | Tokenized Credit Fund | 99.8% | 30D APY: 1.23% |
| Nest Treasury Vault | Vault on Nest | See app | See app |
Nest Liquid Credit Vault
nLCRD provides on-chain exposure to a single-borrower, short-term payment financing facility, paying a fixed borrow rate on drawn capital. Funds are used to settle completed B2B cross-border payment transactions, with credit extended post-transaction once payment funds have already been sent. This short duration, transaction-backed cash flow structure results in minimal default risk while delivering predictable, high-yield real world credit income without the volatility of any meaningful credit spread exposure.
| Field | Value |
|---|---|
| Status | Live |
| Yield | Estimated APY: 19% |
| TVL | $2.44M |
| Redemption estimate | 7 days |
| EVM chains | Plume, Ethereum |
| Deposit and redemption assets | USDC, pUSD |
| Solana | Supported |
| Yield source partners | Liquid Credit, Verto |
| Composition | Liquid Credit, Nest Treasury Vault |
| Integration guide | nLCRD guide |
Vault composition
Section titled “Vault composition”| Asset | Type | Current weight | Asset yield |
|---|---|---|---|
| Liquid assets | Deposit and redemption liquidity | 0% | Excluded from yield APY |
| Liquid Credit | Arc Liquid Credit | 83.6% | 30D APY: 17.8% |
| Nest Treasury Vault | Vault on Nest | 16.4% | 30D APY: 3.28% |
nPERENA
Section titled “nPERENA”Nest Perena Vault
nPERENA provides on-chain exposure to short-term credit card receivables originated through BlackOpal’s regulated payment financing platform, which finances consumer and merchant card settlement flows across established payment networks. The strategy incorporates Superstate’s basis trading fund (USCC) and Treasury product (USTB) to support redemption management and portfolio stability. With short duration and stable cash flows, nPERENA is designed to deliver consistent, risk-adjusted real-world income suitable for on-chain growth strategies.
| Field | Value |
|---|---|
| Status | Partner site |
| Yield | Target APY: 9% |
| TVL | $3.7M |
| Redemption estimate | 7 days |
| EVM chains | Plume, Ethereum |
| Deposit and redemption assets | USDC, pUSD |
| Solana | Supported |
| Yield source partners | Superstate, Black Opal |
| Composition | Nest BlackOpal LiquidStone II Vault, Nest Treasury Vault |
| Integration guide | nPERENA guide |
Vault composition
Section titled “Vault composition”| Asset | Type | Current weight | Asset yield |
|---|---|---|---|
| Liquid assets | Deposit and redemption liquidity | 0.03% | Excluded from yield APY |
| Nest BlackOpal LiquidStone II Vault | Vault on Nest | 100% | 30D APY: 11.4% |
| Nest Treasury Vault | Vault on Nest | See app | See app |
nFALCON
Section titled “nFALCON”Nest FalconX CLO Vault
nFXCF is an onchain structured credit vault offering exposure to institutional-grade digital asset credit. Loans are originated through FalconX’s prime brokerage platform, where borrowers pledge their full account holdings as collateral against extended credit.
Each loan is fully overcollateralized and further protected by an equity tranche that absorbs first losses. An automated liquidation engine continuously monitors risk and enforces collateral thresholds.
Loan selection and portfolio construction are managed by M11 Credit, ensuring disciplined underwriting and access to a curated borrower base. The structure is designed to deliver stable, risk-adjusted yield backed by institutional counterparties and robust credit safeguards.
| Field | Value |
|---|---|
| Status | Live |
| Yield | Estimated APY: 8% |
| TVL | $4.16M |
| Redemption estimate | 7 days |
| EVM chains | Plume, Ethereum |
| Deposit and redemption assets | USDC, pUSD |
| Solana | Not supported |
| Yield source partners | M11 Credit, FalconX |
| Composition | OpenTrade XDLF |
| Integration guide | nFALCON guide |
Yield strategy
Section titled “Yield strategy”Yield is generated from overcollateralized institutional loans originated via FalconX’s prime brokerage platform. Borrowers pledge their full account balances as collateral, while M11 Credit actively selects and manages the loan portfolio to optimize risk-adjusted returns.
Risk considerations
Section titled “Risk considerations”Key risks include borrower default during extreme market volatility, collateral liquidation slippage, and counterparty exposure to FalconX and underlying borrowers.
Vault composition
Section titled “Vault composition”| Asset | Type | Current weight | Asset yield |
|---|---|---|---|
| Liquid assets | Deposit and redemption liquidity | 0.39% | Excluded from yield APY |
| OpenTrade XDLF | DeFi Lending FalconX Prime Brokerage | 99.6% | 30D APY: 7.68% |
Nest BlackRock iShares AAA CLO Active ETF Vault
nCLOA is designed to hold underlying shares of the publicly traded BlackRock iShares AAA CLO Active ETF.
| Field | Value |
|---|---|
| Status | Coming Soon |
| Yield | See app |
| TVL | $611.2K |
| Redemption estimate | 7 days |
| EVM chains | Plume, Ethereum |
| Deposit and redemption assets | USDC, pUSD, USDT |
| Solana | Not supported |
| Yield source partners | Dinari, BlackRock |
| Composition | CLOA |
| Integration guide | nCLOA guide |
Vault composition
Section titled “Vault composition”| Asset | Type | Current weight | Asset yield |
|---|---|---|---|
| Liquid assets | Deposit and redemption liquidity | 8.35% | Excluded from yield APY |
| CLOA | BlackRock iShares AAA CLO Active ETF | 91.7% | Rolling 7D: 5.16% |
Stats on this page are based on the June 8, 2026 at 11:15 PM UTC data snapshot. Use the Nest app and API data for execution-time values.