Alpha
Diversified Index
Audited
Vault APY
The annualized yield based on how much the vault share price changed over the last 30 days.
Formula
= current vault share price (NAV per share)
= vault share price 30 days ago
This is a rolling metric and updates daily.
TVL
$12.5M
Available networks
About
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 pri...Read more
Hourly on Weekdays
Supported apps
Yield type
Security reviews
Redemption fees
No. of holders
69,225
How the price grows
Yield is automatically reinvested and reflected in growing token price
$1.1188
+$0.049617 (+4.64% or 9.63% APY) Past 6 monthsWho it's designed for
1
Diversified real-world income
Gain passive exposure to a diversified portfolio of income-generating real-world assets through a single vault token.
2
Yield core allocation
Use nALPHA as a long-term core position for real-world yield within an on-chain portfolio.
3
Composable yield base
Deploy nALPHA across DeFi protocols to amplify real-world yield without managing underlying assets.
This allocation blends multiple real-world income sources to balance yield, durability, and diversification. Exposure across energy, payment financing, private credit, and an actively managed ETF helps smooth cash flows while reducing reliance on any single asset class.
Yield by world-class operators
Nest BlackOpal LiquidStone II
46.16%
Position in another Plume vault
FALX Structured Credit Facility
32.94%
Position in another Plume vault
Plume FACTOR Vault
8.1%
Position in another Plume vault
Nest Liquid Credit Vault
5.17%
Position in another Plume vault
Nest Treasury Vault
3.17%
Position in another Plume vault
Liquid assets
1.81%
Uninvested stablecoin liquidity
Nest iShares AAA CLO Vault
1.05%
Position in another Plume vault
Nest ACRDX Vault
0.8%
Position in another Plume vault
Nest Neuberger Securitize Income
0.8%
Position in another Plume vault
Vault updates
Vault allocation updated to include nCLOA exposure.
Jun 4, 2026
Vault allocation updated to include nLCRD exposure.
Apr 30, 2026
Vault allocation updated to include nFXCF exposure.
Mar 26, 2026
Vault allocation updated to remove Whinfell exposure due to underperformance of the asset.
Feb 25, 2026
Vault allocation updated to remove nMNRL exposure due to underperformance of the asset.
Feb 19, 2026
Audits & Security
Plume Vaults is designed to meet the highest standards of safety, transparency, and compliance
Ecosystem
Use this token across supported apps for additional yield
Balances
Total balance
$0.00
Avg. APY
Total earnings
$0.00
No positions
Your vault positions will appear here
Activity
Underlying assets on-chain
Asset
APY
Weight
TVL
Nest BlackOpal LiquidStone II
Nested vault
46.16%
$5,764,453.47
Asset
Network
TVL
Allocation
Contract
Nest BlackOpal LiquidStone II
Plume
$5,737,633.01
99.53%
0x11...9165
Nest BlackOpal LiquidStone II
Ethereum
$26,820.46
0.47%
0x11...9165
Total
$5,764,453.47
100.0%
FALX Structured Credit Facility
Nested vault
32.94%
$4,113,230.88
Asset
Network
TVL
Allocation
Contract
FALX Structured Credit Facility
Plume
$4,113,230.88
100.0%
0x06...bdff
Total
$4,113,230.88
100.0%
Plume FACTOR Vault
Nested vault
8.1%
$1,011,496.08
Asset
Network
TVL
Allocation
Contract
Plume FACTOR Vault
Ethereum
$704,406.21
69.64%
0x1f...9925
Plume FACTOR Vault
Base
$307,089.88
30.36%
0x1f...9925
Total
$1,011,496.08
100.0%
Nest Liquid Credit Vault
Nested vault
5.17%
$645,139.54
Asset
Network
TVL
Allocation
Contract
Nest Liquid Credit Vault
Plume
$645,139.54
100.0%
0xdf...0ee8
Total
$645,139.54
100.0%
Nest Treasury Vault
Nested vault
3.17%
$395,389.61
Asset
Network
TVL
Allocation
Contract
Nest Treasury Vault
Plume
$395,389.61
100.0%
0xe7...8cb9
Total
$395,389.61
100.0%
Nest iShares AAA CLO Vault
Nested vault
1.05%
$131,562.15
Asset
Network
TVL
Allocation
Contract
Nest iShares AAA CLO Vault
Plume
$131,562.15
100.0%
0x63...9e13
Total
$131,562.15
100.0%
Nest ACRDX Vault
Nested vault
0.8%
$100,359.70
Asset
Network
TVL
Allocation
Contract
Nest ACRDX Vault
Plume
$100,359.70
100.0%
0x2a...61cb
Total
$100,359.70
100.0%
Nest Neuberger Securitize Income
Nested vault
0.8%
$100,000.00
Asset
Network
TVL
Allocation
Contract
Nest Neuberger Securitize Income
Ethereum
$100,000.00
100.0%
0x66...c261
Total
$100,000.00
100.0%
Liquid assets
1.81%
$226,039.45
Asset allocation over time
No. of assets
8
Sep 19, 2026
Nest ACRDX Vault
0.82%
Nest iShares AAA CLO Vault
1.07%
FALX Structured Credit Facility
33.55%
Nest Liquid Credit Vault
5.26%
Nest BlackOpal LiquidStone II
47.01%
Nest Treasury Vault
3.22%
Nest Neuberger Securitize Income
0.82%
Plume FACTOR Vault
8.25%
Structure and custody
Assets quality
Legal structure
Nest DAO LLC is a corporate entity in Republic of the Marshall Islands (RMI) with an international investment business license and an LEI number 254900BB9T1QYAT04892, which can be found on GLEIF:
https://search.gleif.org/#/record/254900BB9T1QYAT04892Asset issuers
Apollo, Superstate, Black Opal
Compliance & AML
Assets onchain
Auditor
Cantina, 0xMacro, Pashov, Spearbit
How the price grows
Yield is automatically reinvested and reflected in growing token price
Current token price
$1.1188
Total Value Locked TVL
Based on live onchain token price and supply
Current TVL
$12,482,296.99
Vault activity
No. of transactions
in the last 7 days
nALPHA token holders
How to think about the risks
nALPHA combines multiple real-world income strategies, so risk is driven by how underlying assets perform across different economic conditions rather than crypto market volatility alone.
Underlying risks
nALPHA is exposed to the performance of multiple real-world asset classes, including energy, payment financing, private credit, and managed fund strategies. Risks may include variability in cash flows, counterparty and operational risk across multiple asset managers, and sensitivity to macroeconomic or sector-specific cycles. Liquidity may be impacted during periods of market stress or reduced activity in underlying asset markets.
Yes
Yes
No
Yes
Yes
Yes
$0.00
0.00 pUSD
$0.00
0.00 nALPHA
Exchange rate
Redemption time
Typically 1-4 days