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-sUSDat matures 14 Jan 2027 | Fixed yield PT |  Pendle Monad | $4.4M$4,375,448 | — | 13.61%13.6082% fixed | ↗ |
 PT-ONyc matures 10 Jan 2027 | Fixed yield PT |  Exponent Solana | $23.6M$23,636,048 | — | 13.77%13.7655% fixed | ↗ |
 PT-USD3 matures 17 Dec 2026 | Fixed yield PT | Pendle Ethereum | $71.4M$71,427,030 | — | 15.51%15.5073% fixed | ↗ |
 PT-reUSDe matures 10 Dec 2026 | Fixed yield PT | PendleEthereum | $17.9M$17,867,932 | — | 18.02%18.0232% fixed | ↗ |
 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 | ↗ |
 syrupUSDT / USDT0 Maple | Lending floating |  Euler Plasma | $1.7K$1,703 | $1.3K$1,350 | 28.88%28.8784% | ↗ |
reUSD / USDC Re | Lending floating | Euler Base | $510.9K$510,870 | $433.9K$433,929 | 32.76%32.7638% | ↗ |
reUSD / USDC fixed to 2026-11-27 | Lending fixed |  MorphoEthereum | — | $50.3K$50,269 | — fixed | ↗ |
USD3 / USDC fixed to 2026-12-18 | Lending fixed | MorphoEthereum | — | $236.8K$236,844 | — fixed | ↗ |
USD3 / USDC fixed to 2026-12-18 | Lending fixed | MorphoEthereum | — | $101.0K$100,975 | — fixed | ↗ |
reUSD / USDC fixed to 2026-12-11 | Lending fixed | MorphoEthereum | — | $1.0M$1,049,465 | — fixed | ↗ |
Stablecoin backing Grove / Sky · Ethena · Noon · infiniFi · Resolv · Falcon | Holders reserves | 6 issuers | sizing next | — | — | |
Strategy vaults Plume Nest · Yearn · OpenTrade | Holders one deposit, many tokens | 3 vaults | sizing next | — | — |
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.