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. | |
|---|---|---|---|---|---|---|
Strategy vaults Plume Nest · Yearn · OpenTrade | Holders one deposit, many tokens | 3 vaults | sizing next | — | — | |
 USD3 / sUSD3 3Jane | Tranches senior / junior |  3Jane Ethereum | $115M$115,005,029 | — | 6.56%6.5562% / 13.89%13.8878% | ↗ |
Stablecoin backing Grove / Sky · Ethena · Noon · infiniFi · Resolv · Falcon | Holders reserves | 6 issuers | sizing next | — | — | |
 syrupUSDC AaveV3Base | Lending pooled |  Aave Base | $67.3K$67,287 | — | 5.81%5.808% | ↗ |
syrupUSDT AaveV3Ethereum | Lending pooled | AaveEthereum | $105M$105,467,657 | — | 5.49% | ↗ |
 JAAA AaveV3EthereumHorizon | Lending pooled | AaveEthereum | $47.0M$46,952,101 | — | 2.88%2.8806% | ↗ |
 mGLOBAL AaveV3EthereumHorizon | Lending pooled | AaveEthereum | $30.8M$30,816,434 | — | 2.88%2.8806% | ↗ |
syrupUSDT / USDC AaveV3Ink | Lending pooled | Aave Ink | $5.1M$5,144,214 | — | 6.50%6.5027% | ↗ |
syrupUSDT AaveV3Mantle | Lending pooled | Aave Mantle | $45.7M$45,651,111 | — | 3.91%3.9132% | ↗ |
syrupUSDC AaveV3Monad | Lending pooled | Aave Monad | $80.8M$80,773,993 | — | 5.30%5.3016% | ↗ |
syrupUSDT AaveV3Plasma | Lending pooled | Aave Plasma | $47.9M$47,939,796 | — | 4.92%4.9162% | ↗ |
 reUSD / USDC Re | Lending floating |  EulerBase | $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% | ↗ |
reUSDe / USDC Re | Lending floating | EulerEthereum | $225.5K$225,544 | $163.9K$163,913 | 5.51%5.5064% | ↗ |
reUSDe / reUSD Re | Lending floating | EulerEthereum | $225.5K$225,544 | $0 | 0.00%0% | ↗ |
syrupUSDC / USDC Maple | Lending floating | EulerEthereum | $168.9K$168,947 | $140.6K$140,596 | 3.99%3.9905% | ↗ |
syrupUSDC / RLUSD Maple | Lending floating | EulerEthereum | $168.9K$168,947 | $125 | 6.92%6.9231% | ↗ |
 HYBOND / USDC OpenEden Digital | Lending floating | EulerEthereum | $4.9M$4,867,511 | $2.3M$2,313,029 | 6.46%6.4561% | ↗ |
 gAUSD / AUSD Accountable | Lending floating | EulerMonad | $25.0M$24,976,131 | $14.5M$14,507,815 | 7.13%7.1298% | ↗ |
vUSD / AUSD Accountable | Lending floating | EulerMonad | $79.8M$79,845,081 | $16.3M$16,337,986 | 11.33%11.3253% | ↗ |
syrupUSDT / USDT0 Maple | Lending floating | EulerPlasma | $1.7K$1,703 | $1.3K$1,350 | 28.88%28.8784% | ↗ |
 PT-ONyc matures 10 Jan 2027 | Fixed yield PT |  Exponent Solana | $23.6M$23,636,048 | — | 13.77%13.7655% fixed | ↗ |
PT-reUSD matures 10 Dec 2026 | Fixed yield PT | ExponentSolana | $821.5K$821,541 | — | 11.91%11.9054% fixed | ↗ |
 PT-sUSD.infra matures 16 Jan 2027 | Fixed yield PT | ExponentSolana | — | — | 18.20%18.1973% fixed | ↗ |
PT-srONyc matures 10 Jan 2027 | Fixed yield PT | ExponentSolana | $1.8M$1,847,964 | — | 8.66%8.6586% fixed | ↗ |
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.