Plume Vaults are expanding to Fordefi Earn, giving institutional customers direct access to real-world credit yield alongside the assets they already manage on the platform.

Plume has spent the past year bringing real-world yield to where institutions already operate, including Bybit and Binance Wallet. Now, Plume is joining the first cohort of Fordefi Earn, putting Plume Vaults in front of Fordefi's 300+ institutional customers, who together move more than $120B monthly onchain.

Two vaults are confirmed at launch: nOPAL, an onchain credit product managed by BlackOpal Finance, and nFXCF, the FALX Structured Credit Facility built with FalconX.

To date, Plume Vaults have processed more than $900M in deposits and $500M in redemptions, spanning private credit, Treasuries, fixed income, and emerging-market credit.

Open Finance, Inside Custody

Every new venue Plume Vaults reach is a step toward the same goal: making yield that was historically reserved for a narrow set of institutions accessible and available wherever capital already sits. 

Fordefi extends that goal as every deposit and withdrawal into Plume Vaults runs as standard Fordefi transactions. This means that every transaction inherits whatever policy engine, quorum, and approv

al roles a customer already has in place, with every transaction independently verified before it reaches an approver. For an institution, that's what makes the yield actually usable: it doesn't have to choose between earning it and weakening the controls it already relies on to move money safely.

Fordefi is pairing the listing with its PYUSD/USDG rewards program and credited directly against the customer's subscription invoice, turning stablecoin holdings institutions already keep for settlement and collateral into a direct offset on infrastructure costs.

nOPAL and nFXCF on Fordefi

Fordefi customers can allocate into nOPAL and nFXCFdirectly through Fordefi Earn. 

nOPAL is an onchain credit product managed by BlackOpal Finance, built on Brazilian credit card receivables. Around 70% of credit card transactions in Brazil are paid in instalments, creating a large market of short-dated payment receivables with predictable cash flows. Currency exposure is hedged through institutional non-deliverable forwards, and dedicated liquidity allocations support redemptions independently of the underlying settlement cycle.

nFXCF is the FALX Structured Credit Facility, offering overcollateralized prime brokerage lending built with FalconX. It carries a fixed monthly interest rate, supports intra-month subscriptions with prorated interest, and is deployed across Plume, Ethereum, and Solana with capacity to scale to roughly $1B.

Access nOPAL and nFXCF here.

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