FALX Structured Credit Facility
Prime Brokerage Lending
Audited
Vault APY
The annualized yield based on how much the vault share price changed over the last 30 days.
Formula
= current vault share price (NAV per share)
= vault share price 30 days ago
This is a rolling metric and updates daily.
TVL
$28.8M
Available networks
About
nFXCF is an onchain structured credit vault offering exposure to institutional-grade digital asset credit. Loans are originated through FalconX’s prime brokerage platform, where borrowers pledge their...Read more
Hourly on Weekdays
Security reviews
Yield type
No. of holders
31
Redemptions submitted before September 23 will be processed the first week of October.
How the price grows
Yield is automatically reinvested and reflected in growing token price
$1.0308
+$0.030801 (+3.08% or 7.41% APY) Past 155 daysPrime Brokerage Lending
Yield is generated from overcollateralized institutional loans originated via FalconX’s prime brokerage platform. Borrowers pledge their full account balances as collateral, while M11 Credit actively selects and manages the loan portfolio to optimize risk-adjusted returns.
Yield by world-class operators

Prime Brokerage Lending
99.92%
Overcollateralized institutional credit
Liquid assets
0.08%
Uninvested stablecoin liquidity
Audits & Security
Plume Vaults are designed to meet the highest standards of safety, transparency, and compliance
Balances
Total balance
$0.00
Avg. APY
Total earnings
$0.00
No positions
Your vault positions will appear here
Activity
Underlying assets on-chain
Asset
APY
Weight
TVL
xDLF
Prime Brokerage Lending
99.92%
$28,767,057.14
Asset
Network
TVL
Allocation
Contract
xDLF
Plume
$28,767,057.14
100.0%
0xa4...8213
Total
$28,767,057.14
100.0%
Liquid assets
0.08%
$23,352.00
Asset allocation over time
No. of assets
1
Aug 26, 2026
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xDLF
100.0%
Structure and custody
Assets quality
Legal structure
Nest DAO LLC is a corporate entity in Republic of the Marshall Islands (RMI) with an international investment business license and an LEI number 254900BB9T1QYAT04892, which can be found on GLEIF:
https://search.gleif.org/#/record/254900BB9T1QYAT04892Asset issuers
M11 Credit, FalconX
Compliance & AML
Assets onchain
Auditor
Cantina, 0xMacro, Pashov, Spearbit
How the price grows
Yield is automatically reinvested and reflected in growing token price
Current token price
$1.0308
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Total Value Locked TVL
Based on live onchain token price and supply
Current TVL
$28,790,413.27
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Vault activity
No. of transactions
in the last 7 days
nFALCON token holders
How to think about the risks
Loans are fully overcollateralized and protected by a first-loss equity tranche, with automated liquidation systems enforcing collateral thresholds in real time. Exposure is diversified across vetted institutional borrowers through disciplined portfolio construction.
Underlying risks
Key risks include borrower default during extreme market volatility, collateral liquidation slippage, and counterparty exposure to FalconX and underlying borrowers.
Yes
No
No
Yes
Yes
Yes
$0.00
0.00 pUSD
$0.00
0.00 nFXCF
Exchange rate
Redemption schedule
Redemptions submitted before September 23 will be processed the first week of October.