Standard credit pricing for real world assets.

Ravariant Labs publishes the methodology and credit memos that set advance rate, interest, and conditions for loans against private fund interests, tokenized or held directly.

Fund admins report NAV monthly at best, with a 45 to 90 day lag. The methodology uses public stress signals to act inside that window.

Illustrative diagram. NAV reports lag 45 to 90 days; public stress signals fill the window. Not real time data.Day 0Day 45Day 90NAV reportNAV reportNAV report
NAV report (monthly, lagged)Public stress signal (live)
01
Origination

Advance rate and coupon are sized to clear the stress floor.

02
Live monitoring

Public signals tighten the margin between NAV reports.

03
Enforcement

Warning, cash sweep, partial release, full release. Rule based, not negotiated.

Six streams in. Four decisions out. Recomputed against the live signal.

Macro pulse
Fund NAVs
Issuer rating
Secondary marks
Peer benchmarks
In-cycle events
Advance rate

Set at origination, sized to clear the stress floor.

Dynamic margin threshold

Live risk triggers a margin floor. Tightens on stress signals.

Coupon over base rate

Spread adds to the base rate of the portfolio loan.

Enforcement sequence

Warning, cash sweep, partial release, full release. Rule based, not negotiated.

Built on Ravariant.

The same underwriting across lending, marketplace, and structured products.

Leverage for acquiring fund interests at a discount. Acquirers post first loss, draw senior leverage from the protocol, and purchase positions in the secondary market. Repriced continuously against collateral quality.

rava.money
ravamarkets

The institutional marketplace for private fund interests. Accredited investors buy positions directly, with optional non recourse leverage against the fund interest. No personal guarantee.

ravamarkets.com
Navmont

A daily liquid token wrapping a hedged private fund yield index. Monthly distributions in USDC. Borrowable against position without redeeming. Every constituent carries a sized public market hedge.

navmont.xyz

If you operate a fund, hold an LP interest, or run a credit desk, the door is open.

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