What are the pros of NestUSD?

Unlocks spendable dollar liquidity without selling tokenized stocks. Transparent on-chain collateral instead of opaque monthly attestations. Officially endorsed by xStocks as the first such borrowing protocol on Solana.

What are the cons of NestUSD?

Very new (launched June 2026); minimal track record, limited TVL, and depeg risk. Collateral inherits xStocks/Backed Finance counterparty and equity-volatility risk. Stablecoin peg and snUSD yield depend on collateral liquidity and liquidations holding under stress.

How much does NestUSD cost?

NestUSD offers a free tier with optional paid upgrades.

constant·k — Private Solana RPC Services

Payment Tools · Solana

NestUSD

Mint a stablecoin against your tokenized US stocks

Payment Tools DeFi & Yield

Healthy

Rating

—

No reviews yet

Health

93/100

Checked 4h ago

Pricing

Freemium

See pricing section

Updated

Nov 2026

Payment Tools

Your project here.

Reach Solana and Robinhood Chain traders, builders, and memecoin hunters with a banner placement on this page.

Learn more

Tool Directory placement

Overview

What NestUSD actually does.

NestUSD is a Solana-based collateralized debt position (CDP) protocol that lets holders of tokenized US equities mint nUSD, a stablecoin pegged to $1.00, without selling their stocks. Users deposit approved xStocks tokens (issued by Backed Finance and distributed via Kraken) or USDC into a vault and borrow nUSD against them at a per-asset loan-to-value ratio, paying a 3% APR stability fee. The protocol launched with seven collateral assets in descending LTV order: SPYx (75%), QQQx (72%), AAPLx and MSFTx (70%), GOOGLx (68%), NVDAx (65%), and TSLAx (60%). Collateral stays verifiable on-chain rather than relying on monthly attestations, and positions are subject to liquidation rules. Stability fees and reserve yield flow to users who stake nUSD into snUSD, targeting roughly 6% APY. NestUSD uses Pyth price feeds and Kamino infrastructure, ships a NEST governance token, launched on Solana on June 14, 2026, and was officially endorsed by xStocks as the first DeFi borrowing protocol for tokenized equities.

Live health

Uptime, SSL, response time.

Health & Activity

Uptime 30d

97.6%

Website

Online

SSL

Valid

Social Activity

Active(3d ago)

Last checked: 4h ago

Latest from @NestCredit

3d ago

A T-bill is a short-term loan to the US government, repaid in a year or less. Once tokenized, a T-bill can live onchain in a wallet, back a loan, or plug into other products. nTBILL on Nest holds tokenized short-duration Treasury funds, with interest building into the token price, available now on @arc: https://t.co/zbk5Pmz16f

View on X

Key features

What's in the box.

Mint nUSD stablecoin against tokenized US equities (xStocks) and USDC
Seven xStock collateral assets with per-asset LTV from 60% to 75%
Fixed 3% APR stability fee on borrowed nUSD
snUSD staking that shares protocol revenue (target ~6% APY)
On-chain verifiable collateral with liquidation rules
Pyth price feeds and Kamino infrastructure integration

Verdict

The honest tradeoffs.

Pros

Unlocks spendable dollar liquidity without selling tokenized stocks
Transparent on-chain collateral instead of opaque monthly attestations
Officially endorsed by xStocks as the first such borrowing protocol on Solana

Cons

Very new (launched June 2026); minimal track record, limited TVL, and depeg risk
Collateral inherits xStocks/Backed Finance counterparty and equity-volatility risk
Stablecoin peg and snUSD yield depend on collateral liquidity and liquidations holding under stress

Own NestUSD?

Claim this listing to manage it, respond to reviews, and get a verified badge.

Claim Listing

Reviews

What users say about NestUSD.

Reviews (0)

No reviews yet. Be the first to review NestUSD!

Reviewed this one? Put it on the record

Climbing the leaderboard earns a tier badge and pushes your reviews higher on every tool page. Reviews, stacks, submissions, and helpful votes all count.

Compare NestUSD

Alternatives

Other ways to do what NestUSD does.

View all →

Ellipsis Labs

(1)

Builders of Phoenix on-chain order book and perpetuals DEX on Solana

332d ago1 review

Free

PancakeSwap

(4)Robinhood

Multi-chain DEX with Solana cross-chain swap support

1d ago4 reviews

Free

Coinflow

(2)

Stablecoin payment infrastructure for Solana businesses

4d ago2 reviews

Paid

NestUSD vs Ellipsis Labs NestUSD vs PancakeSwap NestUSD vs Coinflow

Top 10 Best Payment Tools All Payment Tools ToolsTop 10 Best DeFi & Yield All DeFi & Yield Tools

Link verified working · Nov 10, 2026

Links

Website X / Twitter155.5K followers

Is this your tool?

Claim this listing to manage your info, respond to reviews, and get a verified badge.

Embed

Get Badge

Feedback

Reviewed this tool?

Write a helpful review. It earns reputation points, a tier badge, and higher placement for everything else you write.

Own NestUSD? Promote it.

Spotlight from $25, Featured from $80 — paid in SOL/USDC, live in minutes. Get featured on the homepage and rank higher in categories.

See tiers →

Track KOL trades & rug-check any token by API

The data behind MadeOnSol — 2,000+ KOL wallets, deployer reputation, token risk scores — over REST and WebSocket. Free key, 200 calls/day, no payment to start.

View API plans What's in it