FALX Structured Credit Facility
Prime Brokerage Lending
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
$15.0M
About
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...Read more
Hourly on Weekdays
This cycle
Submit before Oct 23 to settle by ~Dec 7. Requests after Oct 23 move to the next cycle (cutoff Nov 20).
The cutoff is a few days before the end of each month, to allow for weekends and holidays.
Yield type
Returns come from taking asset risk e.g. credit or liquidity. Your principal can rise or fall based on underlying performance. Review the performance history chart to reference historical volatility for this vault.
This cycle
Requests submitted before Oct 23 settle by ~Dec 7.
When funds are available
Funds settle at the end of the next loan cycle, around one calendar month after the cutoff month ends. Requests submitted after the cutoff move to the following cycle.
Earlier settlement
If the next loan cycle's interest rate is more than 1 percentage point below the previous cycle's, funds settle within three business days after the current loan cycle ends.
Security reviews
No. of holders
51
How the price grows
Yield is automatically reinvested and reflected in growing token price
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.
Yield by world-class operators
Audits & Security
Nest is designed to meet the highest standards of safety, transparency, and compliance
