Treasury
US Treasuries
Audited
Target APY
This is the expected APY for the vault. Please refer to the live 30D APY data on the performance tab for further details.
TVL
$4.0M
Available networks
About
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 an...Read more
Hourly on Weekdays
Supported apps
Yield type
Security reviews
Redemption fees
No. of holders
31,962
How the price grows
Yield is automatically reinvested and reflected in growing token price
$1.0559
+$0.017788 (+1.71% or 3.51% APY) in the last 6MWho it's designed for
1
Capital preservation
Park capital in short-duration U.S. Treasury exposure designed to preserve value while earning yield.
2
Cash management
Use nTBILL as a low-volatility, cash-like asset with real-world yield accrual.
3
Defensive allocation
Balance higher-risk positions with stable, government-backed yield exposure.
US Treasuries
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.
Yield by world-class operators
US Treasuries
100.0%
Short-term U.S. government debt
Liquid assets
<0.01%
Uninvested stablecoin liquidity
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
Fed funds rate was cut by 25 basis points
Dec 20, 2025
Excess yield generated due to redemption duration from a large withdrawal, whcih was paid back to the vault, resulting in a one time spike in performance.
Nov 22, 2025
Fed funds rate was cut by 25 basis points
Oct 29, 2025
Fed funds rate was cut by 25 basis points
Sep 17, 2025
Ecosystem
Use this token across supported apps for additional yield
App name | Network | Type |
|---|---|---|
Mystic | Plume | Lending |
Rooster | Plume | DEX |
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
Invesco USTB
Plume
$3,453,100.16
100.0%
0xe4...28a8
Total
$3,453,100.16
100.0%
Asset
Network
TVL
Allocation
Contract
Janus Henderson Fund
Plume
$553,493.81
100.0%
0xa5...627b
Total
$553,493.81
100.0%
Liquid assets
<0.01%
$110.32
Asset allocation over time
No. of assets
2
Sep 5, 2026
Janus Henderson Fund
13.81%
Invesco USTB
86.19%
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
Centrifuge
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
$1.0559
Total Value Locked TVL
Based on live onchain token price and supply
Current TVL
$4.0M
Vault activity
No. of transactions
in the last 7 days
Type | Wallet | Amount |
|---|---|---|
 Redemption Claimed Sep 4, 2026, 10:02 PM | 0x2623...e08689 | -6.63 nTBILL -$0.00 |
Redeem Fulfilled Sep 4, 2026, 10:02 PM | 0x2623...e08689 | -6.63 nTBILL -$0.00 |
Mint Sep 4, 2026, 9:46 PM | 0x2b5e...541330 | +0.10 nTBILL +$0.00 |
Mint Sep 4, 2026, 9:03 PM | 0x9e93...244b49 | +6.63 nTBILL +$0.00 |
Redeem Requested Sep 4, 2026, 8:52 PM | 0x2623...e08689 | -6.63 nTBILL -$0.00 |
Redeem · Instant Sep 4, 2026, 8:46 PM | 0xd720...5a7fc7 | -5.97 nTBILL -$0.00 |
Mint Sep 4, 2026, 8:42 PM | 0x2623...e08689 | +6.63 nTBILL +$0.00 |
Redeem Fulfilled Sep 4, 2026, 4:01 PM | 0x149c...23f968 | -0.07 nTBILL -$0.00 |
Redeem Requested Sep 4, 2026, 3:46 PM | 0x149c...23f968 | -0.07 nTBILL -$0.00 |
Mint Sep 4, 2026, 1:34 PM | 0x119d...299165 | +748,226.51 nTBILL +$0.00 |
nTBILL token holders
No. of wallets
31,962
Holder | Balance | Holder since |
|---|---|---|
1 0x...65 | 3,484,131.70 nTBILL $0.00 | 11 Dec 2025 |
2 0x...8b | 100,458.69 nTBILL $0.00 | 29 Jul 2026 |
3 0x...db | 83,686.80 nTBILL $0.00 | 15 May 2025 |
4 0x...b5 | 52,746.35 nTBILL $0.00 | 5 Jun 2025 |
5 0x...e8 | 37,978.53 nTBILL $0.00 | 5 Jun 2026 |
How to think about the risks
nTBILL is designed to prioritize stability, but returns and liquidity still depend on interest rate environments and treasury market conditions.
Underlying risks
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.
Yes
No
No
Yes
No
Yes
Deposit
$0.00
0.00 pUSD
Receive
$0.00
0.00 nTBILL
Exchange rate
Redemption time
~30 min (up to 4 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