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. | |
|---|---|---|---|---|---|---|
 PST / AUSD Huma | Lending floating |  Morpho Ethereum | $5.3M$5,327,773 | $4.3M$4,277,942 | 6.62%6.6156% | ↗ |
 nOPAL / USDC Plume Vaults | Lending floating | MorphoEthereum | $5.3M$5,269,473 | $3.5M$3,522,763 | 9.59%9.5898% | ↗ |
 syrupUSDT / USDC AaveV3Ink | Lending pooled |  Aave Ink | $5.1M$5,144,214 | — | 6.50%6.5027% | ↗ |
 HYBOND / USDC OpenEden Digital | Lending floating |  EulerEthereum | $4.9M$4,867,511 | $2.3M$2,313,029 | 6.46%6.4561% | ↗ |
 solmF-One MF-ONE Market | Lending floating |  Kamino Solana | $4.4M$4,444,264 | $2.4M$2,352,339 | 5.58%5.5779% | ↗ |
 PT-sUSDat matures 14 Jan 2027 | Fixed yield PT |  Pendle Monad | $4.4M$4,375,448 | — | 13.61%13.6082% fixed | ↗ |
 PT-reUSD matures 10 Dec 2026 | Fixed yield PT | PendleMonad | $3.4M$3,363,963 | — | 12.15%12.1464% fixed | ↗ |
 oTFY / USDC Obligate | Lending floating | MorphoEthereum | $3.0M$3,013,043 | $851.4K$851,358 | 8.74%8.735% | ↗ |
nALPHA / USDC Plume Vaults | Lending floating | MorphoEthereum | $2.9M$2,937,318 | $2.3M$2,349,776 | 6.80%6.7966% | ↗ |
 PT-sUSD3 matures 17 Dec 2026 | Fixed yield PT | PendleEthereum | $2.8M$2,800,185 | — | 27.08%27.081% fixed | ↗ |
 PRIME / USDC Hastra | Lending floating | MorphoEthereum | $2.6M$2,590,744 | $1.8M$1,790,926 | 6.32%6.3243% | ↗ |
PRIME / AUSD Hastra | Lending floating | MorphoEthereum | $2.4M$2,378,245 | $1.9M$1,946,255 | 4.26%4.2608% | ↗ |
syrupUSDC / USDC Maple | Lending floating | Morpho Arc | $2.3M$2,282,219 | $2.0M$1,954,947 | 12.09%12.091% | ↗ |
 USPC / USDC Coinshift | Lending floating | MorphoMonad | $2.0M$2,006,961 | $1.7M$1,730,498 | 6.09%6.0873% | ↗ |
 PT-srONyc matures 10 Jan 2027 | Fixed yield PT |  ExponentSolana | $1.8M$1,847,964 | — | 8.66%8.6586% fixed | ↗ |
PT-reUSD / USDC PT as collateral | Lending floating | MorphoMonad | $1.5M$1,522,151 | $1.2M$1,150,633 | 9.66%9.6566% | ↗ |
reUSD / USDT Re | Lending floating | MorphoEthereum | $1.3M$1,294,210 | $1.2M$1,155,927 | 6.01%6.0121% | ↗ |
syrupUSDC / AUSD Maple | Lending floating | MorphoEthereum | $1.0M$1,000,025 | $881.7K$881,662 | 2.54%2.5397% | ↗ |
PT-srUSDat matures 14 Jan 2027 | Fixed yield PT | PendleEthereum | $905.1K$905,125 | — | 11.14%11.1445% fixed | ↗ |
mWIN / PYUSD Midas | Lending floating | MorphoEthereum | $859.2K$859,250 | $628.1K$628,099 | 4.18%4.1833% | ↗ |
PT-reUSD matures 10 Dec 2026 | Fixed yield PT | ExponentSolana | $821.5K$821,541 | — | 11.91%11.9054% fixed | ↗ |
PST / USDT Huma | Lending floating | MorphoEthereum | $750.0K$749,969 | $600.5K$600,516 | 3.87%3.8739% | ↗ |
AUTO / USDC Hastra | Lending floating | MorphoEthereum | $616.3K$616,343 | $440.7K$440,701 | 9.25%9.2488% | ↗ |
 nvPRIME / USDC NUVA | Lending floating | MorphoEthereum | $579.9K$579,900 | $280.9K$280,888 | 4.88%4.8823% | ↗ |
reUSD Multiply vaults · 4.1x in use | Lending loop | KaminoSolana | $522.5K$522,487 | $399.7K$399,675 | 5.43%5.434% borrow |
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.