Plume's nOPAL vault launches on Kamino, bringing RWA-backed yield products to Solana's largest lending protocol.
DeFi & Yields ·
Plume Network's nOPAL vault has launched on Kamino, Solana's largest lending protocol, which currently holds over $1B in total value locked. The inaugural Kamino market for Plume Vaults is managed by Re7 Labs and introduces institutional-grade real-world asset yield strategies to a platform that already supports $670M in RWA markets. This deployment integrates decentralized finance infrastructure with existing Solana liquidity pools.
The nOPAL vault enables users to access yield-generating strategies backed by real-world assets within Kamino's lending infrastructure. Re7 Labs curated the market structure, positioning institutional RWA products within an established venue rather than requiring users to migrate to new platforms. The integration represents a consolidation of open finance functionality alongside Solana's core liquidity ecosystem.
The specific mechanics of the nOPAL vault—including borrowing terms, collateral requirements, and yield distribution protocols—remain to be detailed in full. The announced 11.06% APY yield strategy suggests a particular market offering, though broader parameters around risk management, liquidation thresholds, and institutional participation guardrails have not been disclosed.