Nest BlackOpal LiquidStone II Vault
NOPAL Price
Nest BlackOpal LiquidStone II Vault Price Chart (NOPAL)
Switch & Compare
| 1h | 24h | 7d | 14d | 30d | 1y |
|---|---|---|---|---|---|
| 0.0% | 0.0% | 0.2% | 0.4% | 0.8% | - |
NOPAL Converter
Nest BlackOpal LiquidStone II Vault Statistics
| Market Cap | $107.314M |
|---|---|
| Market Cap / FDV | 1 |
| Fully Diluted Valuation | $107.314M |
| 24 Hour Trading Vol | $0.00 |
| Circulating Supply | 97.639M |
| Total Supply | 97.553M |
| Max Supply | ∞ |
NOPAL Historical Price
| 24h Range | $1.10 – $1.10 |
|---|---|
| 7d Range | $1.10 – $1.10 |
| All-Time High |
$1.25 11.8%
|
| All-Time Low |
$0.9583 14.7%
|
How do you feel about NOPAL today?
About Nest BlackOpal LiquidStone II Vault (nOPAL)
Nest BlackOpal LiquidStone II Vault is a yield-bearing financial instrument that provides decentralized access to institutional-grade returns from Brazilian credit card receivables.
- The token functions as a vault share within the Nest protocol, wrapping tokenized private credit positions managed by BlackOpal.
- It offers users exposure to real-world economic activity through short-duration, high-quality receivables backed by AA+ counterparty protection.
- The vault is deployed on the Plume Network Ecosystem, a blockchain specifically designed for the tokenization of real-world assets.
What Is Nest BlackOpal LiquidStone II Vault
Nest BlackOpal LiquidStone II Vault (nOPAL) is a specialized investment vehicle designed to bridge global capital with emerging market credit. It specifically targets Brazilian credit card receivables, which are pending payments from card issuers to merchants. By purchasing these receivables upfront, the underlying fund provides instant liquidity to merchants while capturing the spread when the card company settles the debt.
Value moves through the system as these credit returns are collected and redistributed to vault participants. The nOPAL token is an application utility token that represents a user's proportional share in the vault's Net Asset Value (NAV). As the underlying credit strategy generates returns, the value of each nOPAL token accretes, allowing users to capture yield without the volatility typically associated with purely speculative crypto assets. This model scales as the Nest protocol integrates more diverse Real World Assets (RWA), expanding the liquidity available for global credit markets.
What Makes Nest BlackOpal LiquidStone II Vault Unique
- Investment-Grade Rating: The underlying fund, LiquidStone II, carries a Baa3 investment-grade rating, providing a level of credit verification rare in decentralized finance.
- Emerging Market Exposure: It offers retail and institutional users a compliant pathway to earn from Brazilian credit markets, a sector historically restricted to private credit funds.
- Institutional Security: The vault incorporates AA+ counterparty protection and a zero-default track record from its asset provider, BlackOpal.
- Composability: Built on the Plume Network, the vault shares are designed to be composable within the broader DeFi ecosystem for further utility.
What Can You Use Nest BlackOpal LiquidStone II Vault for?
- Yield Generation: Users can hold nOPAL to earn institutional-grade APYs sourced from real-world credit card transactions.
- Portfolio Diversification: The token provides a non-correlated yield source that is independent of standard cryptocurrency market cycles.
- Liquidity Provisioning: As a Yield-Bearing Token, nOPAL can potentially be used as collateral or liquidity in supported decentralized protocols on the Plume Network.
- Onchain Savings: It serves as a transparent, on-chain savings vehicle for users seeking exposure to Brazilian real-world yield with 24/7 redemption capabilities.
How Does Nest BlackOpal LiquidStone II Vault Work?
The technical architecture of the vault relies on a set of immutable smart contracts on the Ethereum and Plume networks. The system is divided into three primary components: the Core Vault, the Vault Extension, and the Manager. The Core Vault secures all assets and restricts movement to ensure non-custodial safety, while the Vault Extension manages user deposits and redemptions, often utilizing cross-chain bridges for multi-chain access.
The Manager contract is responsible for executing automated strategies, such as capital allocation to yield sources and maintaining liquid reserves for withdrawals. Protocol service fees may be applied to manage these administrative functions and ensure the long-term sustainability of the vault infrastructure. All operations are designed to be transparent, allowing users to verify holdings and yield calculations through on-chain data.
Team Info and Investors
Nest is developed by Kimber Labs Inc. (operating as Plume Network Inc.) and serves as the flagship protocol for the Plume ecosystem. The project is supported by a group of prominent institutional investors, including Brevan Howard Digital, Haun Ventures, Galaxy Ventures, and Lightspeed Faction. Governance of the vault is primarily CeFi-dependent, with the underlying assets and credit strategies managed by regulated financial institutions like BlackOpal to ensure compliance and security.
Where can you buy Nest BlackOpal LiquidStone II Vault?
NOPAL tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Nest BlackOpal LiquidStone II Vault is Meteora, where the most active trading pair NOPAL/USDC has a trading volume of $200.40 in the last 24 hours.
What is the daily trading volume of Nest BlackOpal LiquidStone II Vault (NOPAL)?
The 24 hour trading volume of Nest BlackOpal LiquidStone II Vault (NOPAL) is $0 which signals a drop in market activity. If you own NOPAL tokens, liquidity of the token is likely to be low. Proceed with caution. You may explore CoinGecko’s list of most traded cryptos for coins with higher liquidity.
What is the highest and lowest price for Nest BlackOpal LiquidStone II Vault (NOPAL)?
Nest BlackOpal LiquidStone II Vault (NOPAL) reached an all-time high of $1.25 and an all-time low of $0.9583. It’s now trading -11.80% below that peak and 14.70% above its lowest price.
What is the market cap of Nest BlackOpal LiquidStone II Vault (NOPAL)?
Market capitalization of Nest BlackOpal LiquidStone II Vault (NOPAL) is $107,313,830 and is ranked #276 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of NOPAL tokens (98 Million tokens are tradable on the market today).
What is the fully diluted valuation of Nest BlackOpal LiquidStone II Vault (NOPAL)?
The fully diluted valuation (FDV) of Nest BlackOpal LiquidStone II Vault (NOPAL) is $107,313,830. This is a statistical representation of the maximum market cap, assuming total number of 98 Million ETH tokens are in circulation today.
How does the price performance of Nest BlackOpal LiquidStone II Vault compare against its peers?
With a price increase of 0.20% in the last 7 days, Nest BlackOpal LiquidStone II Vault (NOPAL) is underperforming the global cryptocurrency market which is up 9.70%, while underperforming when compared to similar Real World Assets (RWA) cryptocurrencies which are up 3.50%.
How to add Nest BlackOpal LiquidStone II Vault (NOPAL) to MetaMask?
Adding Nest BlackOpal LiquidStone II Vault (NOPAL) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import NOPAL as a token. You can copy NOPAL’s contract address (0x119dd7daff816f29d7ee47596ae5e4bdc4299165) and import it manually, or if you've installed MetaMask's chrome extension, add NOPAL to MetaMask with one click on CoinGecko.
Add NOPAL to MetaMask.
You may be interested in these latest crypto news
Nest BlackOpal LiquidStone II Vault Guides
Global Nest BlackOpal LiquidStone II Vault Prices
Related Coins You May Like