Plume Targets Solana DeFi With Real-World Asset Yield Vault Suite

Plume, a blockchain project focused on real-world assets (RWA), has launched its Nest Yield Vaults directly on Solana, giving network users native access to institutional-grade real-world assets for the first time.

The rollout introduces three products – nBASIS, nOPAL and nTBILL – each offering exposure to on-chain credit, US Treasuries and short-term receivables.

Users can deposit stablecoins into Nest and receive a yield-generating token that can move freely across Solana’s DeFi stack, from automated market makers (AMMs) to lending markets. The tokens can be traded at any time, positioning them as composable building blocks for a new “real-world yield economy” on the high-speed chain.

Plume CBO and co-founder Teddy Pornprinya said crypto was “moving beyond synthetic yield” toward yields anchored in traditional financial activity.

“Stablecoins brought millions of people into crypto, but Yieldcoins will keep them here,” he said.

Plume claims to support more than half of the industry’s RWA volume today, and its expansion into Solana taps into a rapidly growing segment of the channel: The real value of Solana’s assets is approaching $1 billion, according to Nick Ducoff, head of institutional growth at the Solana Foundation.

The vaults connect directly to Solana, Loopscale and Jupiter’s native platforms, enabling a “leveraged RWA loop” – a mechanism that allows users to rehypothecate deposited assets through recursive borrowing to amplify returns while keeping positions collateralized.

Nest Deposits also power the Plume Nest Points program, which rewards users for holding and deploying Vault Tokens as part of an ongoing Season One campaign.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top