Ask about Nawa Protocol
Logo of Nawa ProtocolNawa Protocol
Total Value Locked$4.03m

TVL by Chain

ZIGChain$4m

Ethereum$30,204.87

CORE$0.18

Protocol 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

Category:RWA

Sub Category: Private Credit

Audits:

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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 GitHub

Yields

Pools Tracked1

Average Supply APY8.29%

Competitors

BlackRock BUIDL ($3.531b)Tether Gold ($3.119b)Circle USYC ($3.006b)Ondo Yield Assets ($2.521b)Spiko ($2.387b)Paxos Gold ($1.914b)Centrifuge Protocol ($1.628b)Ondo Global Markets ($950.93m)Anemoy Capital ($871.61m)Invesco USTB ($786.56m)

Frequently Asked Questions

What is Nawa Protocol?

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

What is Nawa Protocol's TVL?

Nawa Protocol currently has $4.03m in total value locked. TVL has decreased 2.5% over the past 30 days.

What chains does Nawa Protocol operate on?

Nawa Protocol operates on 3 chains: Ethereum, ZIGChain, and CORE. ZIGChain holds the largest share at 99.3%.

How does Nawa Protocol's TVL compare to similar protocols?

Among RWA protocols tracked by DefiLlama, Nawa Protocol ranks #59 by TVL. The category holds $27.31b across 130 protocols, and Nawa Protocol accounts for <0.1% of that total. Other leading protocols include Securitize, Ondo Finance, and Tether Gold.

How many yield pools does Nawa Protocol have?

DefiLlama tracks 1 Nawa Protocol yield pool with an average APY of 8.3%.