plRWA (Plume RWA)
The cross-chain vault for institutional tokenized real-world assets — USDC deposits routed into Nest vaults on the Plume network.
plRWA is _gamma's real-world-asset vault. You deposit and withdraw in USDC and receive plRWA share tokens. The vault routes capital into institutional tokenized real-world assets — Nest vaults on the Plume network — earning yield sourced from off-chain assets rather than on-chain lending markets.
| Attribute | Value |
|---|---|
| Deposit / withdraw asset | USDC |
| Share token | plRWA (SPL) |
| Strategy class | RWA (Plume / Nest) |
| Settlement | Cross-chain (USDC bridged to Plume and back) |
| Share price | NAV / total shares, published on-chain |
What it invests in
plRWA allocates exclusively into institutional RWA vaults curated on Plume (the Nest vaults). These represent tokenized real-world assets and pay yield on the cadence of the underlying instruments. This isolation — deposits only ever reaching the approved RWA venue — is enforced server-side by the agent's allowlist, not just in the interface.
Cross-chain mechanics
plRWA is cross-chain. When you deposit, USDC is bridged from Solana to Plume and deployed into the RWA vaults; when you redeem, the position is unwound and USDC is bridged back to Solana. Deposits bridge USDC to Plume via CCTP; redemptions return via LayerZero.
Because settlement crosses chains and the underlying assets are real-world instruments, redemptions above the vault's on-chain liquidity buffer take longer to fulfill than the SOL or stablecoin vaults — typically a matter of days rather than minutes. Plan withdrawals accordingly. See Withdrawals.
Yield cadence
RWA yields update on the cadence of the underlying assets — rate updates are typically around monthly, characteristic of tokenized real-world instruments. The rate engine treats these as slow-moving asset-token rates and exempts them from the high-frequency staleness filters that apply to on-chain market data. As with every vault, the realized yield is variable and reflected in the share price; no specific return is promised here.
Risk controls
- Allowlist isolation — capital can only reach the approved Nest RWA venue.
- Liquidity buffer — a portion is held liquid on Solana to serve instant and smaller withdrawals.
- Cross-chain settlement — redemptions carry an on-chain withdrawal receipt, so funds in transit are never in limbo.
- NAV freshness gates apply as they do across all vaults.
Deposits and withdrawals
Deposits are instant on the Solana side and mint plRWA at the current share price. Withdrawals draw from the liquidity buffer when possible; larger redemptions queue while the cross-chain unwind completes. See Deposits and Withdrawals.
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