Nest ONyc Vault
View on Nest Update infonONYC provides onchain access to ONyc, with returns driven by reinsurance underwriting premiums and collateral income.
Share token price
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | --- | --- | --- | --- | --- | |
| 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
nONYC provides onchain access to ONyc, OnRe’s Solana-native yield-bearing asset. ONyc represents a proportional interest in a legally ring-fenced segregated account in Bermuda used to collateralize short-duration insurance and reinsurance contracts.
The portfolio earns reinsurance premium income and returns on collateral, while claims, expenses, fees, and portfolio performance may increase or decrease net asset value. Nest allocates vault assets to ONyc through an internal cross-chain access layer.
Returns accrue through changes in the nONYC share price rather than token distributions. Redemptions are asynchronous and depend on available liquidity in both nONYC and OnRe’s redemption facility.
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: Yield is generated primarily by insurance and reinsurance premiums earned by ONyc’s segregated account, together with returns on its collateral. Net performance is reflected in ONyc’s NAV and then in nONYC’s share price. Claims, fees, expenses, and adverse portfolio performance can reduce returns or NAV. The strategy does not depend on token emissions, staking rewards, or funding-rate arbitrage.
Risks: nONYC is exposed to reinsurance underwriting risk, including claims that can reduce NAV; collateral, custody, and counterparty risk; OnRe program, oracle, and operational risk; cross-chain transfer risk; and liquidity risk arising from capacity-limited redemptions. ONyc is not a stablecoin, and nONYC is not principal-protected or instantly redeemable at NAV.
Returns and period details
| Metric | Week | Month | 3 months | 6 months | Year | Lifetime |
|---|---|---|---|---|---|---|
| Ranking overall | --- | --- | --- | --- | --- | --- |
| Ranking on Plume | --- | --- | --- | --- | --- | --- |
| Ranking on Nest | --- | --- | --- | --- | --- | --- |
| CAGR (net) | --- | --- | --- | --- | --- | --- |
| CAGR (gross) | --- | --- | --- | --- | --- | --- |
| Returns (net) | --- | --- | --- | --- | --- | --- |
| Returns (gross) | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% |
| Sharpe ratio | --- | --- | --- | --- | --- | --- |
| Max drawdown | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Technical Details
| Vault name | Nest ONyc Vault |
| Vault address | 0xb483252de6c4cd540bb964b6d5ec9ae61f033a8d |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | nONYC |
| Protocol | Nest |
| Homepage | View vault on protocol website |
| Current TVL | 12,717.007 USDC |
| Peak TVL | 12,717.007 USDC |
| Last share price | 1.022 USDC |
| Last updated | |
| Last updated block | 97,915,150 |
| Data refreshed at | |
| Data starts | 2026-10-05 04:08:22 UTC |
| Fee mode | Unknown |
| Fees internalised | --- |
| Features | erc_7540_like, erc_7575_like, nest_like |
| Strategy tags | rwa |
| Flags | --- |
| Whitelist status | Unknown |
| Deposit status | Open |
| Redemption status | Open |
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