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NAV (Net Asset Value)

Net asset value is the standard pricing metric for mutual funds, ETFs, and money market funds — calculated by dividing total net assets by shares outstanding. For tokenized funds, NAV must be published on-chain for smart contract composability: Chainlink NAV data feeds enable automated redemptions, rebalancing, and yield calculations. BlackRock’s BUIDL, for example, maintains a $1.00 NAV with daily yield accrual visible on-chain.

Canonical site: StableNAV.com

Cross-references: StableMMF.com, StableTbill.com, StableEquities.com