Plume Vaults is adding a new source of real-world yield with nPRIME, giving onchain users access to PRIME, Hastra’s yield-bearing token backed by Figure's Democratized Prime home equity lending market.

Figure and its partners have originated more than $30 billion in home equity loans, while its Consumer Loan Marketplace processed $2.9 billion in volume in Q1 2026. To keep making new loans, Figure needs capital while existing loans are waiting to be sold to longer-term investors.

That's where Democratized Prime and Hastra come in. Instead of relying only on traditional bank financing, Figure allows investors to provide that capital and earn yield in return. Hastra brings that market onchain through PRIME. 

And now, through nPRIME, users can access that market directly from Plume.

What is nPRIME?

nPRIME is Plume's vault access point for PRIME. It's easiest to understand by looking at the three layers underneath it.

Democratized Prime is Figure's lending marketplace. Investors provide capital that helps finance pools of Figure-originated home equity lines of credit (HELOCs), and regular auctions determine the rate Figure pays for that capital.

Hastra sits between that market and onchain users. Rather than requiring users to participate in Democratized Prime auctions themselves, Hastra participates on their behalf, manages the allocation process, and packages the resulting position into PRIME, a token representing exposure to the yield generated by that lending activity.

nPRIME brings PRIME into Plume Vaults. Users deposit into nPRIME and gain exposure to PRIME's yield, while Hastra handles the underlying auction participation and allocation.

A New Route to Access Consumer Lending

The easiest way to understand nPRIME is to follow the money.

Imagine a homeowner borrows $150,000 against their home through Figure. Figure provides the $150,000 upfront, but it may take weeks or months before that loan is ultimately sold to a long-term investor.

During that period, Figure needs capital so it can continue making new loans.

Traditionally, short-term financing has largely come from banks. Democratized Prime creates another route: investors can provide the capital Figure needs and earn interest for doing so. Hastra makes that route accessible onchain by turning participation in Democratized Prime into a single token, PRIME.

nPRIME on Plume Vaults

nPRIME brings the final step to Plume.

Instead of navigating Figure's lending market, participating in recurring auctions or managing the underlying positions, users can deposit into a familiar Plume Vault and gain exposure to the yield generated by this real-world lending activity.

nPRIME joins a growing range of real-world assets and financial strategies available through Plume Vaults. To date, Plume Vaults have processed more than $900 million in deposits and $500 million in redemptions, spanning private credit, Treasuries, fixed income and emerging-market credit.

Through this infrastructure, financial institutions including Apollo, WisdomTree and FalconX have brought assets and strategies onchain, while integrations with platforms including Bybit, Binance Wallet and Fordefi have created new distribution channels for users and institutions to access them.

With nPRIME, that infrastructure now extends to Figure's consumer lending market through Hastra, creating another route for onchain capital to access yield generated by real-world financial activity.

This is open finance. 

Explore nPRIME here.

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