Ask about Nawa ProtocolProtocol Information
Nawa Finance is a Shariah-compliant yield protocol. Its flagship stable vaults accept USDT on Ethereum and USDC on ZIGChain and issue onchain vault shares, with yield generated from a real-economy remittance financing and private credit strategy curated by ZIGMarkets
Sub Category: Private Credit
Audits:
Methodology
TVL: ZigChain: TVL is the sum of (1) the Nawa Zig vault AUM reported as stZIG, and (2) the Nawa USDC vault AUM (oracle-reported USD value of capital deployed off-chain via Zignaly into a cross-chain private credit position), reported as USDC. Core: TVL is calculated by 1) unwrapping Bitflux LP tokens held by Nawa Solv Vault V2 to their underlying assets (e.g. SolvBTC.CORE, WBTC, SolvBTC.b) based on pool reserves and total supply, and 2) tracking dualCore token holdings in the Core vault address. Ethereum: TVL is the USDT held on behalf of users by the Nawa USDT Vault, taken as the sum of assets backing live shares (latestAum), assets committed to pending redemptions (pendingRedemptionAum) and funded payouts awaiting claim (totalClaimable), reported as USDT.View code on GitHubYields
Pools Tracked1
Average Supply APY10.18%
Competitors
Frequently Asked Questions
What is Nawa Protocol's TVL?
Nawa Protocol currently has $4m in total value locked. TVL has increased 0.4% over the past 30 days.
What chains does Nawa Protocol operate on?
Nawa Protocol operates on 3 chains: ZIGChain, Ethereum, and CORE. ZIGChain holds the largest share at 86%.
How does Nawa Protocol's TVL compare to similar protocols?
Among RWA protocols tracked by DefiLlama, Nawa Protocol ranks #45 by TVL. The category holds $4.508b across 172 protocols, and Nawa Protocol accounts for 0.1% of that total. Other leading protocols include Invesco USTB, Ethena USDtb, Re, Huma, Anemoy Capital, OpenTrade, Plume Vaults, Theo Network thUSD, Frax USD, and Usual USD0.
How many yield pools does Nawa Protocol have?
DefiLlama tracks 1 Nawa Protocol yield pool with an average APY of 10.2%.