Investment grade short-duration payment receivables.\nDesigned for consistent, risk-adjusted income.

🏆

Share token price

Other metrics

3M Sharpe
19.7
3M volatility
0.6%
Age
0.3 years
Maximum drawdown
-0.0%
Protocol Technical Risk
Lockup period
4d
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 10.4% 11.3% 11.3% 11.3% 11.3%
Performance fee Performance No data No data No data No data No data
Management fee Management No data No data No data No data No data
Deposit fee Deposit 0.0%0.0%0.0%0.0%0.0%
Withdrawal fee Withdrawal 0.0%0.0%0.0%0.0%0.0%
Net Net No data No data No data No data No data

About the 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.

Running on Nest protocol

This vault is running on Nest:

Real-world-asset vault infrastructure from Plume that lets users access tokenised yield strategies with stablecoins.

View all Nest vaults

Returns and period details

MetricWeekMonth3 months6 monthsYearLifetime
Ranking overall#177#143#127#120#126#138
Ranking on Ethereum#57#46#42#42#47#49
Ranking on Nest#5#3#4#3#3#3
CAGR (net)------------------
CAGR (gross)9.3%10.4%11.3%11.3%11.3%11.3%
Returns (net)------------------
Returns (gross)0.2%0.8%2.7%3.2%3.2%3.2%
Sharpe ratio34.8822.0719.6619.1519.1519.15
Max drawdown-0.0%-0.0%-0.0%-0.0%-0.0%-0.0%

Technical Details

Vault nameNest BlackOpal LiquidStone II Vault
Vault address0xd258029cf5a177e3306e09fbea63424543a505c0
Chain Ethereum (1)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $0.999686 fetched
Share tokennOPAL
ProtocolNest
HomepageView vault on protocol website
Current TVL21,774,704.963 USDC
Peak TVL21,774,704.963 USDC
Last share price1.088 USDC
Last updated
Last updated block25,795,364
Data refreshed at
Data starts2026-05-04 00:00:00 UTC
Fee modeUnknown
Fees internalised---
Featureserc_7540_like, erc_7575_like, nest_like
Flags---
Whitelist statusUnknown
Deposit statusOpen
Redemption statusOpen
Deposit/redemption events616

Stay ahead with the best new vaults and essential DeFi updates.

Subscribe to Trading Strategy newsletter