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Diversified access to institutional U.S. Treasury funds. Designed for capital preservation and liquidity.

Share token price

Other metrics

3M Sharpe
18.0
3M volatility
0.2%
Age
0.8 years
Protocol Technical Risk
Lockup period
4d
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 3.8% 3.4% 3.5% --- 3.6%
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 a conservative portfolio of short-duration U.S. Treasuries and high-quality government yield vehicles, including AAA-rated treasury funds and related cash-equivalent instruments. In return, depositors receive nTBILL, a vault token representing their share of the portfolio.

Cash flows generated by the underlying treasury exposures are automatically reinvested into the vault, with returns reflected directly in the nTBILL token price rather than distributed — providing passive exposure to stable, cash-like real-world yield.

The strategy is designed for capital preservation with consistent yield, combining highly liquid, regulated assets and transparent backing while remaining fully composable for use across on-chain strategies and liquidity protocols.

Curated by Nest DAO

This vault is curated by Nest DAO.

Nest DAO is the primary curator of Nest vaults.

View all Nest DAO 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.

View all Nest vaults

Notes

Yield source: The allocation focuses on short-duration U.S. Treasuries and cash-equivalent instruments to prioritize capital preservation and liquidity. This structure aims to deliver stable, low-volatility yield backed by government securities.

Risks: nTBILL is designed to prioritize stability, but returns and liquidity still depend on interest rate environments and treasury market conditions.

Returns and period details

MetricWeekMonth3 months6 monthsYearLifetime
Ranking overall#652#718#740#562---#832
Ranking on Plume#11#11#12#7---#11
Ranking on Nest#27#23#24#7---#22
CAGR (net)------------------
CAGR (gross)3.7%3.8%3.4%3.5%---3.6%
Returns (net)------------------
Returns (gross)0.1%0.3%0.8%1.7%2.9%2.9%
Sharpe ratio---18.2118.0311.3310.3710.37
Max drawdown0.0%-0.0%-0.0%-0.1%-0.1%-0.1%

Technical Details

Vault nameNest Treasuries Vault
Vault address0x250c2d14ed6376fb392fba1edd2cfd11d2bf7f12
Chain Plume (98866)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokennTBILL
ProtocolNest
HomepageView vault on protocol website
Current TVL4,118,498.342 USDC
Peak TVL7,360,712.636 USDC
Last share price1.059 USDC
Last updated
Last updated block97,915,150
Data refreshed at
Data starts2025-12-15 03:13:44 UTC
Fee modeUnknown
Fees internalised---
Featureserc_7540_like, erc_7575_like, nest_like
Strategy tags---
Flags---
Whitelist statusUnknown
Deposit statusOpen
Redemption statusOpen

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