YN-2026-131Eligible allocatorsOpen
ALPHA USD
Salt Markets
Overview
ALPHA USD is a ring-fenced compartment of Salt Markets, a Luxembourg securitisation fund that lends senior to specialist private-credit originators, starting with LATAM blue-chip receivables and Australian professional-fee financing. Lenders hold a Compartment Loan through an onchain vault on Monad, with a 12% target coupon, monthly NAV from Creatrust, and a WMON incentive distributed through Merkl. MiFID professional and US accredited investors only.
Summary Terms
Yield
12% APR · Target
Incentive
—
Deposit asset
USDC
Lockup / liquidity
No lock; repayment 90 days after request, at par plus accrued interest
Minimum ticket
$125,000
Fees
0% management · 0% performance · platform fee 3% of interest
Capacity
$10M
Structure
Structure
Tokenized Fund
Exposure
Private Credit
Infrastructure
AccountableChain
MonadManager
SALT ManagementTerms
Available to qualified allocators
Minimum ticket, lockup and redemption terms, and the diligence pack are shown after eligibility review.
Request accessVault Deployments
| Vault | Chain | Asset | Address | Vault page |
|---|---|---|---|---|
| ALPHA USD (smUSD) | USDC | 0x7380…5eD6 | View vault |