Plume, a real-world asset (RWA)-focused blockchain project, has debuted its Nest Yield Vault directly on Solana, giving network users native access to institutional-grade real-world assets for the first time.
The launch launches three products – nBASIS, nOPAL and nTBILL – each offering exposure to on-chain credit, U.S. Treasuries and short-term receivables.
Users can deposit stablecoins into Nest and receive yield-generating tokens that can be moved freely through Solana’s DeFi stack, from automated market makers (AMMs) to lending markets. Tokens can be redeemed at any time, positioning them as composable building blocks for a new “real-world yield economy” on high-throughput chains.
Plume CBO and co-founder Teddy Pornprinya said cryptocurrencies are “moving beyond synthetic returns” towards returns based on traditional financial activities.
“Stablecoins have brought millions of dollars to cryptocurrencies, but yield coins are going to keep them here,” he said.
Plume claims to support more than half of the RWA volume in the industry today, and its expansion into Solana taps into a rapidly growing corner of the chain: Nick Ducoff, director of institutional growth at the Solana Foundation, says the actual value of assets on Solana is approaching $1 billion.
These vaults plug directly into Solana’s native platforms Loopscale and Jupiter, enabling “leveraged RWA loops” – a mechanism that allows users to re-collateralize deposited assets through recursive lending to amplify returns while keeping positions collateralized.
Nest deposits also feed into the Plume Nest points program, which rewards users for holding and deploying vault tokens as part of the ongoing Season 1 campaign.