YieldNest Monthly Report – ynBNBx (November 2025)
Vault Asset: ynBNBx
Vault Chain: BNB Chain
Vault Type: MAX
Vault Launch Date: December 2024
Period Covered: November 1 – November 30, 2025
Report Date: December 1, 2025
1. Executive Summary
ynBNBx is YieldNest’s MAX product deployed on BNB Chain. It auto-compounds BNB yield through Binance rewards and DeFi-native strategies, offering liquid exposure and BNB L1 settlement.
Starting in August, reward collection has been optimized to automatically convert and compound rewards into BNB, further enhancing yield efficiency.
Return accrues as the value of ynBNBx increases relative to BNB.
2. Vault Overview Report (as of December 1, 2025)
Monthly Overview Report
- Vault TVL: $8,539,862.53 (10,216.49 BNB)
- Yield Generated: $53,101.58 (63.527 BNB)
- APY stats from November:
- 2025-11-23 - 2025-11-30: 0.51%
- 2025-11-01 - 2025-11-30: 2.53%
3. Strategy Breakdown (as of December 1, 2025)
| Asset | Allocation | Strategy | Description |
|---|---|---|---|
| wBNB | 0.01% | - | Pending capital for deployment |
| ynClisBNB | 99.99% | YieldNest | Earns Launchpool, Megadrop & HODLer rewards |
4. Yield Generation Breakdown (as of December 1, 2025)
| Program | Token | Airdrop Date | Reward (BNB) |
|---|---|---|---|
| Launchpool | KITE | 3 Nov, 2025 | 19.920 BNB |
| HODLer Airdrop | MMT | 4 Nov, 2025 | 5.227 BNB |
| HODLer Airdrop | SAPIEN | 6 Nov, 2025 | 9.113 BNB |
| HODLer Airdrop | ALLO | 11 Nov, 2025 | 20.987 BNB |
| HODLer Airdrop | AT | 27 Nov, 2025 | 8.280 BNB |
Total Airdrop Yield (BNB): 63.527 BNB
5. Security & Risk Monitoring
Audited Completed:
On-Chain Protections:
- ERC-4626 modular vaults
- Strategy whitelisting via Guard Engine
- Proxy upgrade system
- Bounded execution for slashing/misallocation defense
6. Notable Events This Month
ynBNBx is now live on Pendle- ynBNBx is now live on Spectra
- ynUSDx is now live on Pendle
- ynRWAx is now live on Pendle
- ynRWAx/USDC pool is now live on Curve Finance
- ynRWAx/fxUSD pool is now live on Curve Finance
- ynRWAx campaign with Brevis — hold ynRWAx to earn more ynRWAx
- YieldNest × Bitget Wallet customized card is now available
- YieldNest featured as FlowTraders & capmoney_ bring institutional credit onchain via EigenLayer
- Another ynRWAx campaign with Brevis — hold ynRWAx to earn more ynRWAx
7. Outlook & Strategy Notes
- Optimized reward collection to improve yield efficiency and auto-compounding