Ask about Nawa Protocol
Logo of Nawa ProtocolNawa Protocol
Total Value Locked$4.12m

TVL by Chain

ZIGChain$4.12m

CORE$1,310

Ethereum$9.99

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

Competitors

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