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Stale · updated 33 h ago

Tokenized Private Credit Map

Track every private-credit token from issuance, to DeFi, to exit.

Explore the dashboard Watch in 90 seconds
Private Credit Map
$1.29B$1,292,203,867 Morpho, Kamino, Euler, Curvance · 10 Nov, 08:01 UTC
borrowed against
private credit tokens
MorphoKaminoEuler· each block $25M
Every token gets its own card.
Credit tokens tracked
96Token registry · 9 Nov, 00:00 UTC
across every chain
Platforms issuing them
42Token registry · 9 Nov, 00:00 UTC
fund managers, lenders, originators
Posted as collateralWhat a borrower locks in a lending market to secure a loan. in DeFi
$2.10B$2,102,172,849 Morpho, Kamino, Aave, Euler, Curvance · 10 Nov, 08:01 UTC
Morpho, Kamino, Aave, Euler
Average yield
6.6%6.6196% Token price · 10 Nov, 08:03 UTC
+2.9+2.8748 pts Token price, Centrifuge · 10 Nov, 00:00 UTC pts over TreasuriesTokenized T-bills (JTRSY), the low-risk benchmark.
About this data

Borrowed (share card). Borrowed on Morpho, Kamino, Euler and Curvance. Aave isn’t included because its pools don’t show borrowing per token.

Posted as collateral. 1 market with no activity for 30 days or more is left out.

Average yield. Average yield of 53 tokens, weighted by their onchain value.

Treasuries. Tokenized Treasuries (JTRSY) yielded 3.74% over the last 30 days.

Start here

Private credit in 90 seconds

What it is, why it’s coming onchain, and who does what.

How the map works

Follow a loan from start to exit

  1. 01 · Onchain creditTokens by credit type: Asset-backed 38, Diversified 27, Corporate 20, Specialty 11.

    How loans become tokens

    Every one of them, by who issues them and what backs them.

    Start here
  2. 02 · Used in DeFi

    Where tokens go to work

    Lending, loops, fixed rates and tranches.

    Explore the dashboard
  3. 03 · Exit
    Minutes3Exit desks, issuer terms · 10 Nov, 00:00 UTC tokensFission
    Days5Exit desks, issuer terms · 10 Nov, 00:00 UTC tokensMaple
    Monthly / quarterly2Exit desks, issuer terms · 10 Nov, 00:00 UTC tokensgAUSD, monthly

    87Exit desks, issuer terms · 10 Nov, 00:00 UTC tokens have no published exit terms yet.

    How you get back to dollars

    Every exit route, and how long each one takes.

    See exits
  4. 04 · Directory
    Issuers
    Venues & exits
    +49 more

    Who’s who

    The issuers, the venues and the exit desks.

    Open the directory

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