All markets
Every place a private-credit token is used in DeFi, in one table.
| Market | Use | Venue · chain | SizeThe same dollars can sit in several rows. | Borrowed | RateBorrow rate, fixed APY or tranche APY, by row. | |
|---|---|---|---|---|---|---|
 PT-sAID matures 31 Dec 2026 | Fixed yield PT |  Pendle Ethereum | $86.7K$86,701 | — | 9.47%9.4659% fixed | ↗ |
 PT-srnOPAL matures 7 Jan 2027 | Fixed yield PT | PendleEthereum | $76.2K$76,179 | — | 8.68%8.6847% fixed | ↗ |
 PT-srONyc matures 10 Jan 2027 | Fixed yield PT |  Exponent Solana | $1.8M$1,847,964 | — | 8.66%8.6586% fixed | ↗ |
 PT-srUSDat matures 14 Jan 2027 | Fixed yield PT | PendleEthereum | $905.1K$905,125 | — | 11.14%11.1445% fixed | ↗ |
PT-srUSDat / USDC PT as collateral | Lending floating |  MorphoEthereum | $27.0K$27,018 | $18.3K$18,260 | 9.73%9.7333% | ↗ |
 PT-sUSD.infra matures 16 Jan 2027 | Fixed yield PT | ExponentSolana | — | — | 18.20%18.1973% fixed | ↗ |
 PT-sUSD3 matures 17 Dec 2026 | Fixed yield PT | PendleEthereum | $2.8M$2,800,185 | — | 27.08%27.081% fixed | ↗ |
PT-sUSDat matures 14 Jan 2027 | Fixed yield PT | PendleEthereum | $6.2M$6,163,016 | — | 13.25%13.2457% fixed | ↗ |
PT-sUSDat matures 14 Jan 2027 | Fixed yield PT | Pendle Monad | $4.4M$4,375,448 | — | 13.61%13.6082% fixed | ↗ |
PT-sUSDat / USDC PT as collateral | Lending floating | MorphoEthereum | $76.2K$76,242 | $63.3K$63,251 | 6.42%6.4196% | ↗ |
PT-USD3 matures 17 Dec 2026 | Fixed yield PT | PendleEthereum | $71.4M$71,427,030 | — | 15.51%15.5073% fixed | ↗ |
PT-USD3 / USDC PT as collateral | Lending floating | MorphoEthereum | $16.0M$15,974,357 | $11.9M$11,873,051 | 9.50%9.5031% | ↗ |
PT-USD3 / USDC PT as collateral | Lending floating | MorphoEthereum | $22.6M$22,644,986 | $17.3M$17,331,604 | 10.12%10.1177% | ↗ |
PT-USD3 / USDT PT as collateral | Lending floating | MorphoEthereum | $16.3M$16,264,881 | $13.6M$13,616,905 | 5.25%5.2455% | ↗ |
 reUSD reUSD Market | Lending floating |  KaminoSolana | $9.2M$9,196,541 | $7.1M$7,132,453 | 5.48%5.4839% | ↗ |
reUSD Multiply vaults · 4.1x in use | Lending loop | KaminoSolana | $522.5K$522,487 | $399.7K$399,675 | 5.43%5.434% borrow | |
reUSD / AUSD Re | Lending floating | MorphoEthereum | $32.8K$32,779 | $28.5K$28,471 | 4.34%4.3396% | ↗ |
reUSD / reUSDe Re | Tranches senior / junior |  ReEthereum | $414M$413,766,111 | — | 7.10%7.0957% / 12.55%12.5455% | ↗ |
reUSD / USDC Re | Lending floating | MorphoEthereum | $8.0M$7,991,536 | $7.1M$7,135,047 | 6.53%6.533% | ↗ |
reUSD / USDC Re | Lending floating |  Euler Base | $510.9K$510,870 | $433.9K$433,929 | 32.76%32.7638% | ↗ |
reUSD / USDC Re | Lending floating | EulerEthereum | $219.7K$219,657 | $200.0K$199,981 | 5.51%5.5064% | ↗ |
reUSD / USDC fixed to 2026-11-27 | Lending fixed | MorphoEthereum | — | $50.3K$50,269 | — fixed | ↗ |
reUSD / USDC fixed to 2026-12-11 | Lending fixed | MorphoEthereum | — | $1.0M$1,049,465 | — fixed | ↗ |
reUSD / USDT Re | Lending floating | MorphoEthereum | $1.3M$1,294,210 | $1.2M$1,155,927 | 6.01%6.0121% | ↗ |
reUSDe / reUSD Re | Lending floating | EulerEthereum | $225.5K$225,544 | $0 | 0.00%0% | ↗ |
About this data
Sources: Morpho, Kamino, Aave and Euler APIs, Curvance onchain reader (lending), Pendle and Exponent APIs (fixed yield), onchain share prices and supply (tranches), the hand-kept holder list (holders, not sized yet).
Loops: the borrow rate is averaged by debt. Kamino doesn’t publish a net yield for loops.