Nest BlackOpal LiquidStone II Vault
View on Nest Update infoInvestment grade short-duration payment receivables.\nDesigned for consistent, risk-adjusted income.
Share token price
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 11.1% | 11.1% | 11.3% | --- | 11.9% | |
| 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.
Curated by Nest DAO
This vault is curated by Nest DAO.
Nest DAO is the primary curator of Nest vaults.
Running on Nest protocol
This vault is running on Nest:
Real-world-asset vaults built by the team behind Plume, with Nest DAO LLC as their primary curator.
Notes
Yield source: The allocation emphasizes short-duration receivables and payment financing assets to generate frequent, contract-based cash flows. This structure supports consistent income while limiting long-term exposure to interest rate and duration risk.
Risks: nOPAL focuses on short-duration credit, where performance depends on borrower behavior and the consistency of receivables-based cash flows.
Returns and period details
| Metric | Week | Month | 3 months | 6 months | Year | Lifetime |
|---|---|---|---|---|---|---|
| Ranking overall | #170 | #279 | #269 | #218 | --- | #205 |
| Ranking on Plume | #3 | #3 | #2 | #2 | --- | #1 |
| Ranking on Nest | #4 | #7 | #5 | #2 | --- | #2 |
| CAGR (net) | --- | --- | --- | --- | --- | --- |
| CAGR (gross) | 11.1% | 11.1% | 11.1% | 11.3% | --- | 11.9% |
| Returns (net) | --- | --- | --- | --- | --- | --- |
| Returns (gross) | 0.2% | 0.9% | 2.6% | 5.4% | 9.5% | 9.5% |
| Sharpe ratio | --- | 46.59 | 29.42 | 20.15 | 19.16 | 19.16 |
| Max drawdown | 0.0% | -0.0% | -0.0% | -0.0% | -0.0% | -0.0% |
Technical Details
| Vault name | Nest BlackOpal LiquidStone II Vault |
| Vault address | 0xd258029cf5a177e3306e09fbea63424543a505c0 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | nOPAL |
| Protocol | Nest |
| Homepage | View vault on protocol website |
| Current TVL | 22,210,247.39 USDC |
| Peak TVL | 26,101,919.1 USDC |
| Last share price | 1.103 USDC |
| Last updated | |
| Last updated block | 97,915,150 |
| Data refreshed at | |
| Data starts | 2025-12-15 06:47:26 UTC |
| Fee mode | Unknown |
| Fees internalised | --- |
| Features | erc_7540_like, erc_7575_like, nest_like |
| Strategy tags | rwa, rwa_credit |
| Flags | --- |
| Whitelist status | Unknown |
| Deposit status | Open |
| Redemption status | Open |
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