Request access
YN-2026-129Eligible allocatorsOpen

zOPAL Vault

Zoth

Overview

zOPAL gives onchain access to BlackOpal's LiquidStone II strategy: short-duration Brazilian card receivables settled over Visa and Mastercard rails and hedged to USD, with about 30% held in Superstate USCC as a liquidity sleeve. The vault runs on Zoth's zVault infrastructure on Base, with a $ZOTH token incentive for a six-month hold.

Summary Terms

Yield
· Target
Incentive
Deposit asset
USDC
Lockup / liquidity
Daily redemptions within buffers, 40% monthly outflow cap; $ZOTH requires a 6-month hold
Minimum ticket
—
Fees
1% platform · 0.1% settlement and 30% performance over a 10% hurdle, both waived through 2026
Capacity
$30M

Structure

Structure
Tokenized Fund
Exposure
Private Credit
Infrastructure
Zoth zVault
Chain
Base
Manager
BlackOpal

Terms

Available to qualified allocators

Minimum ticket, lockup and redemption terms, and the diligence pack are shown after eligibility review.

Request access

Vault Deployments

VaultChainAssetAddressVault page
zOPAL
USDC0x2E97…7f24View vault