BlackOpal LiquidStone II

Senior 8% fixed / Junior residual · nOPAL private-credit yield through Nest, looped on Morpho when the borrow rate allows · 10% Wintermute USDC reserve · daily settlement

● Live

Choose a tranche

Metrics, chart and the investment ticket all follow this choice.

Senior

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Protected · paid first · lower risk

Junior

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First loss · residual · return so far, not annualized

Tranche metrics · Senior

Share price

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Tranche NAV

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Deposit capacity

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Your position

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Protected rate

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Settlement

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Performance

How it settles · Accountable NAV

RequestYour request is recorded on the spoke chain.

Relay & batchIt is relayed to the hub and batched into the next hourly settlement.

Valuate & settleThe hub Valuation prices NAV; the waterfall pays Senior first, then Junior.

AttestEvery step is written on-chain in the hub TrancheTxRegistry.

You investBalance: —

USDC

TrancheSenior

Est. shares—

Share price—

Net APY—

Available atNext epoch

async · request → batch → settle → confirmed