Bybit RWA Earn launches nOPAL, tokenizing Brazilian credit card receivables via Plume Network with up to 12% historical yield.
DeFi & Yields ·
Bybit RWA Earn has introduced nOPAL, a tokenized product that brings Brazilian credit card receivables onto the blockchain through Plume Network. The product offers up to 12% historical yield while maintaining hedged exposure to USD, insulating holders from BRL currency fluctuations. The underlying asset pool has recorded a 0% historical default rate.
The mechanics involve Black Opal Finance's credit receivables being wrapped and made accessible to Bybit users via the RWA Earn platform. A limited-time promotional boost of 5% APR accompanies the launch.
Details on the duration of the promotional rate, minimum investment sizes, redemption terms, and the broader performance characteristics beyond historical metrics remain unclear from available announcements.