Alpha
Diversified Index
Audited
Vault APY
The annualized yield based on how much the vault share price changed over the last 30 days.
Formula
= current vault share price (NAV per share)
= vault share price 30 days ago
This is a rolling metric and updates daily.
TVL
$13.2M
Available networks
About
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 pri...Read more
Hourly on Weekdays
Supported apps
Yield type
Security reviews
Redemption fees
No. of holders
69,331
How the price grows
Yield is automatically reinvested and reflected in growing token price
$1.1149
+$0.05013 (+4.71% or 9.78% APY) in the last 6MWho it's designed for
1
Diversified real-world income
Gain passive exposure to a diversified portfolio of income-generating real-world assets through a single vault token.
2
Yield core allocation
Use nALPHA as a long-term core position for real-world yield within an on-chain portfolio.
3
Composable yield base
Deploy nALPHA across DeFi protocols to amplify real-world yield without managing underlying assets.
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.
Yield by world-class operators
Payment financing
50.95%
Short-term cash advances
Prime Brokerage Lending
31.09%
Overcollateralized institutional credit
ETF
5.69%
Exchange traded fund
Liquid assets
0.98%
Uninvested stablecoin liquidity
Private Credit
0.76%
Loans to real businesses
US Treasuries
0.67%
Short-term U.S. government debt
All yield assets live on Plume Network
Nest is built by the Plume team and runs natively on Plume Network, a real-world-asset blockchain that serves as the settlement layer to ensure institutional-grade security, regulatory alignment, and scalable settlement.
Vault updates
Vault allocation updated to include nCLOA exposure.
Jun 4, 2026
Vault allocation updated to include nLCRD exposure.
Apr 30, 2026
Vault allocation updated to include nFXCF exposure.
Mar 26, 2026
Vault allocation updated to remove Whinfell exposure due to underperformance of the asset.
Feb 25, 2026
Vault allocation updated to remove nMNRL exposure due to underperformance of the asset.
Feb 19, 2026
Ecosystem
Use this token across supported apps for additional yield
App name | Network | Type |
|---|---|---|
Mystic | Plume | Lending |
Rooster | Plume | DEX |
Plume Loop and Borrow Powered by Morpho | Plume | Lending, Looping |
Audits & Security
Nest is designed to meet the highest standards of safety, transparency, and compliance
Frequently asked questions
Vaults earn yield from real-world assets. The rate of return depends on the income produced by those assets (e.g., interest, royalties, lease payments).
Yield is not guaranteed. Past performance does not guarantee future results.
Learn moreWhen you mint, you deposit stablecoins and receive vault tokens representing your share of the vault. Yield is reflected in the vault token price over time. When you redeem, you return vault tokens and receive stablecoins based on the current NAV. Redemption times depend on liquidity conditions. While redemptions can take up to 7 days, the average redemption time is around 30 minutes.
Learn moreKey risks include: credit risk from underlying assets, liquidity risk during redemptions, smart contract risk, and market risk affecting asset valuations. This is not a bank deposit and is not FDIC insured. You could lose some or all of your initially deposited stablecoins.
Learn moreThe vault token price (equivalant to NAV per share in traditional funds) changes over time as the value of the underlying assets changes and yield accrues. You do not need to claim or restake for performance to be reflected in the token price. The token price reflects the total value of assets divided by tokens outstanding.
Learn moreYes. The vault smart contracts have been audited by leading security firms including Macro, Pashov, and Spearbit. Audit reports are available in the Security section. However, audits do not guarantee the absence of all vulnerabilities.
Learn moreYes, vault tokens are standard ERC-20 tokens that can be used across DeFi. You can provide liquidity, use it as collateral on supported lending platforms, or transfer to other wallets.
Still have a question? Join our Discord
Balances
Total balance
$0.00
Avg. APY
Total earnings
$0.00
No positions
Your vault positions will appear here
Recent activity
No recent activity
Your transactions will appear here
Underlying assets on-chain
Asset
APY
Weight
TVL
Asset
Network
TVL
Allocation
Contract
nOPAL
Plume
$6,078,626.87
100.0%
0x11...9165
Total
$6,078,626.87
100.0%
nFXCF
Prime Brokerage Lending
31.09%
$4,100,750.69
Asset
Network
TVL
Allocation
Contract
nFXCF
Plume
$4,100,750.69
100.0%
0x06...bdff
Total
$4,100,750.69
100.0%
nCLOA
ETF
5.69%
$750,710.78
Asset
Network
TVL
Allocation
Contract
nCLOA
Plume
$750,710.78
100.0%
0x63...9e13
Total
$750,710.78
100.0%
nLCRD
Payment financing
4.86%
$640,928.24
Asset
Network
TVL
Allocation
Contract
nLCRD
Plume
$640,928.24
100.0%
0xdf...0ee8
Total
$640,928.24
100.0%
Asset
Network
TVL
Allocation
Contract
nACRDX
Plume
$100,394.00
100.0%
0x2a...61cb
Total
$100,394.00
100.0%
nTBILL
US Treasuries
0.67%
$88,350.08
Asset
Network
TVL
Allocation
Contract
nTBILL
Plume
$88,350.08
100.0%
0xe7...8cb9
Total
$88,350.08
100.0%
Liquid assets
0.98%
$129,108.21
Asset allocation over time
No. of assets
7
Sep 3, 2026
nACRDX
0.77%
nCLOA
5.75%
nFXCF
31.4%
nLCRD
4.91%
nOPAL
46.54%
nTBILL
0.68%
Plume-factor-vault
9.95%
Structure and custody
Assets quality
Legal structure
Nest DAO LLC is a corporate entity in Republic of the Marshall Islands (RMI) with an international investment business license and an LEI number 254900BB9T1QYAT04892, which can be found on GLEIF:
https://search.gleif.org/#/record/254900BB9T1QYAT04892Asset issuers
Apollo, Superstate, Black Opal
Compliance & AML
Assets onchain
Auditor
Cantina, 0xMacro, Pashov, Spearbit
How the price grows
Yield is automatically reinvested and reflected in growing token price
Current token price
$1.1149
Total Value Locked TVL
Based on live onchain token price and supply
Current TVL
$13.2M
Vault activity
No. of transactions
in the last 7 days
Type | Wallet | Amount |
|---|---|---|
 Redeem Requested Sep 3, 2026, 5:05 AM | 0xe877...a65eeb | -134.91 nALPHA -$0.00 |
Redemption Claimed Sep 3, 2026, 5:01 AM | 0xe877...a65eeb | -134.93 nALPHA -$0.00 |
Redeem Fulfilled Sep 3, 2026, 5:01 AM | 0xe877...a65eeb | -134.93 nALPHA -$0.00 |
Redeem Requested Sep 3, 2026, 4:04 AM | 0xe877...a65eeb | -134.93 nALPHA -$0.00 |
Redemption Claimed Sep 3, 2026, 4:02 AM | 0xe877...a65eeb | -134.95 nALPHA -$0.00 |
Redeem Fulfilled Sep 3, 2026, 4:02 AM | 0xe877...a65eeb | -134.95 nALPHA -$0.00 |
Redeem Requested Sep 3, 2026, 3:03 AM | 0xe877...a65eeb | -134.95 nALPHA -$0.00 |
Redemption Claimed Sep 3, 2026, 3:01 AM | 0xe877...a65eeb | -135.08 nALPHA -$0.00 |
Redeem Fulfilled Sep 3, 2026, 3:01 AM | 0xe877...a65eeb | -135.08 nALPHA -$0.00 |
Redeem Requested Sep 3, 2026, 2:07 AM | 0xe877...a65eeb | -114.43 nALPHA -$0.00 |
nALPHA token holders
No. of wallets
69,331
Holder | Balance | Holder since |
|---|---|---|
1 E3...gp | 5,610,812.32 nALPHA $0.00 | 13 Jun 2026 |
2 0x...b5 | 3,930,817.81 nALPHA $0.00 | 23 May 2025 |
3 0x...96 | 824,860.39 nALPHA $0.00 | 19 Dec 2025 |
4 6t...a8 | 225,832.94 nALPHA $0.00 | 20 Feb 2026 |
5 0x...b3 | 171,471.90 nALPHA $0.00 | 4 Jul 2026 |
How to think about the risks
nALPHA combines multiple real-world income strategies, so risk is driven by how underlying assets perform across different economic conditions rather than crypto market volatility alone.
Underlying risks
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.
Yes
Yes
No
Yes
Yes
Yes
Deposit
$0.00
0.00 pUSD
Receive
$0.00
0.00 nALPHA
Exchange rate
Redemption time
~30 min (up to 7 days)
Access DeniedCrypto assets on this website are not registered under the Securities Act of 1933, as amended (the “Act”). They are not offered nor sold in the U.S., to U.S. persons (as defined in Rule 902(k) of the Act), nor for the account or benefit of U.S. persons, nor in or to persons in other restricted jurisdictions. View Geo Restrictions