Onchain Marketcap$39,356
Active Marketcap$39,356
DeFi Active TVL$23,188
NCREDIT Price$1.03
Chains3
Native Yield18.35%
Token Properties
CategoryRWA Wrappers,Private Credit
Asset ClassCredit Pool,Active Vault
TypeWrapper
RWA ClassificationProgrammable Finance
Access ModelPermissionless
Parent PlatformNest Credit
Classification
RedeemableIndicates whether the token can be redeemed for underlying assets
TransferableIndicates whether the token can be transferred freely between on chain addresses
Self CustodyIndicates whether the token can be held in a user controlled wallet
AttestationsIndicates whether the issuer provides periodic attestations or assurance reports regarding reserves or backing
Issuer Information
IssuerNest DAO LLC
Registry InformationNest DAO LLC – legal address 852 Lagoon Road, Majuro, 96960, Marshall Islands, Legal Entity Identifier (LEI) 254900BB9T1QYAT04892 (status: ISSUED; managing LOU: Bloomberg Finance L.P.; next renewal date: 2026-10-14).
Sourcehttps://www.lei-lookup.com/record/254900BB9T1QYAT04892
Attestations
Date of Last AttestationNot publicly disclosed
Attestation FrequencyNot publicly disclosed
Notes
- nCREDIT is the receipt token for Nest’s credit vault, positioned as a blended credit allocation with additional yield components. Nest discloses a composition of private credit (70%), U.S. Treasuries (20%), and crypto basis strategy (10%), implemented via Goldfinch Prime (70%), Nest Treasury Vault (20%), and mBASIS (10%). NAV accrues as the underlying credit, treasury, and basis components earn yield
- redemptions follow vault settlement and liquidity rules (the vault description references monthly settlements)
DeFi Active TVL by Protocol
Protocol | ||
|---|---|---|
| $20,128 | 86.80% | |
| $2,772 | 11.95% | |
| $110 | 0.47% | |
| $71 | 0.31% | |
| $40 | 0.17% | |
| $35 | 0.15% | |
| $32 | 0.14% |
Native Yield18.35%
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Historical APY from Nest DAO LLC