Today, we’re excited to announce that Nest’s market-neutral vault, nBasis, is now live on Plasma.
This marks the very first multichain Nest deployment, and the first time USDT holders can put their stablecoins to work directly on Nest.
With Nest, Plume is bringing top-tier, institutional assets to Plasma.
What’s Nest & nBasis?
Nest is Plume’s flagship staking protocol, where you can earn yield from RWAs originated by regulated funds, brokers, and protocol asset issuers.
Every vault on Nest, including nBasis, is designed with built-in compliance and risk controls. That means you get access to strategies normally reserved for the pros, but with the simplicity of an onchain vault.
nBasis is a market-neutral yield strategy on Nest. Instead of betting on price moves, it combines:
- Regulated basis trades (proven yield from futures markets)
- Tokenized treasuries (traditional fixed income, made onchain).
The result? Predictable returns that don’t depend on the market going up or down. All managed by top institutional players and accessible to anyone.
nBasis yield comes from RWAs originated by trusted partners, Superstate and Midas, with custodial support from institutions like Anchorage, UMB Bank, and Fireblocks.
"Superstate’s goal is to bring institutional-grade tokenized assets to every major blockchain, and by first expanding to Plume, the unique RWAfi chain provides an opportunity to demonstrate how purpose-built infrastructure can enable great new use-cases for tokenized assets. We’re excited to build on Plume." – Robert Leshner, CEO of Superstate
Today, nBasis features an 11.5% APY (30-day rolling). With Nest, Plume makes it simple.
Why Plasma?
Plasma is backed by Tether as a payments-first blockchain for USDT. By bringing nBasis, Nest becomes one of the first ways to earn real, institutional-grade stablecoin yield directly on Plasma.
And this is just the start.
With our full suite of vaults on the roadmap, including nALPHA and nACRDX, Plasma users will soon have access to the largest, most diverse set of RWAs from Plume. We’re making it simple to access real yield with real assets.
Plasma is building the future of stablecoin payments. Nest is building the future of stablecoin yield.
Together, we’re delivering a new way to put stablecoins to work.
