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.