Prime Brokerage-backed lending

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Share token price

Other metrics

3M Sharpe
598.6
3M volatility
0.0%
Age
0.2 years
Maximum drawdown
0.0%
Protocol Technical Risk
Lockup period
7d
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 7.2% 7.4% 7.4% 7.4% 7.4%
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

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 full account holdings as collateral against extended credit.

Each loan is fully overcollateralized and further protected by an equity tranche that absorbs first losses. An automated liquidation engine continuously monitors risk and enforces collateral thresholds.

Loan selection and portfolio construction are managed by M11 Credit, ensuring disciplined underwriting and access to a curated borrower base. The structure is designed to deliver stable, risk-adjusted yield backed by institutional counterparties and robust credit safeguards.

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------------------
Ranking on Ethereum#95#111#108#103#121#132
Ranking on Nest#9#8#9#9#9#9
CAGR (net)------------------
CAGR (gross)7.2%7.2%7.4%7.4%7.4%7.4%
Returns (net)------------------
Returns (gross)0.1%0.6%1.1%1.1%1.1%1.1%
Sharpe ratio749.691,546.50598.55598.55598.55598.55
Max drawdown0.0%0.0%0.0%0.0%0.0%0.0%

Technical Details

Vault nameNest FalconX CLO
Vault address0x4738386d69cf5a7ac088da2887fc0df02795c5e7
Chain Ethereum (1)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $0.999667 fetched
Share tokennFALCON
ProtocolNest
HomepageView vault on protocol website
Current TVL47,023.49 USDC
Peak TVL49,967.021 USDC
Last share price1.029 USDC
Last updated
Last updated block25,781,864
Data refreshed at
Data starts2026-06-22 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 events17

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