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. | |
|---|---|---|---|---|---|---|
![]() reUSD / USDC Re | Lending floating | Euler | $510.9K$510,870 | $433.9K$433,929 | 32.76%32.7638% | ↗ |
![]() syrupUSDT / USDT0 Maple | Lending floating | Euler Plasma | $1.7K$1,703 | $1.3K$1,350 | 28.88%28.8784% | ↗ |
![]() PT-sUSD3 matures 17 Dec 2026 | Fixed yield PT | Pendle Ethereum | $2.8M$2,800,185 | — | 27.08%27.081% fixed | ↗ |
![]() PT-sUSD.infra matures 16 Jan 2027 | Fixed yield PT | Exponent Solana | — | — | 18.20%18.1973% fixed | ↗ |
![]() PT-reUSDe matures 10 Dec 2026 | Fixed yield PT | Pendle Ethereum | $17.9M$17,867,932 | — | 18.02%18.0232% fixed | ↗ |
![]() PT-USD3 matures 17 Dec 2026 | Fixed yield PT | Pendle Ethereum | $71.4M$71,427,030 | — | 15.51%15.5073% fixed | ↗ |
![]() PT-ONyc matures 10 Jan 2027 | Fixed yield PT | Exponent Solana | $23.6M$23,636,048 | — | 13.77%13.7655% fixed | ↗ |
![]() PT-sUSDat matures 14 Jan 2027 | Fixed yield PT | Pendle Monad | $4.4M$4,375,448 | — | 13.61%13.6082% fixed | ↗ |
![]() reUSDe / USDC Re | Lending floating | Morpho Ethereum | $172.9K$172,917 | $131.7K$131,742 | 13.25%13.2503% | ↗ |
![]() PT-sUSDat matures 14 Jan 2027 | Fixed yield PT | Pendle Ethereum | $6.2M$6,163,016 | — | 13.25%13.2457% fixed | ↗ |
![]() PT-reUSD matures 10 Dec 2026 | Fixed yield PT | Pendle Monad | $3.4M$3,363,963 | — | 12.15%12.1464% fixed | ↗ |
![]() syrupUSDC / USDC Maple | Lending floating | Morpho Arc | $2.3M$2,282,219 | $2.0M$1,954,947 | 12.09%12.091% | ↗ |
![]() PT-reUSD matures 10 Dec 2026 | Fixed yield PT | Exponent Solana | $821.5K$821,541 | — | 11.91%11.9054% fixed | ↗ |
![]() PT-reUSD matures 10 Dec 2026 | Fixed yield PT | Pendle Ethereum | $297M$297,438,907 | — | 11.66%11.6569% fixed | ↗ |
![]() vUSD / AUSD Accountable | Lending floating | Euler Monad | $79.8M$79,845,081 | $16.3M$16,337,986 | 11.33%11.3253% | ↗ |
![]() PT-srUSDat matures 14 Jan 2027 | Fixed yield PT | Pendle Ethereum | $905.1K$905,125 | — | 11.14%11.1445% fixed | ↗ |
![]() PT-USD3 / USDC PT as collateral | Lending floating | Morpho Ethereum | $22.6M$22,644,986 | $17.3M$17,331,604 | 10.12%10.1177% | ↗ |
![]() PT-reUSD / USDC PT as collateral | Lending floating | Morpho Ethereum | $166M$166,258,004 | $134M$133,693,587 | 9.83%9.8266% | ↗ |
![]() PT-srUSDat / USDC PT as collateral | Lending floating | Morpho Ethereum | $27.0K$27,018 | $18.3K$18,260 | 9.73%9.7333% | ↗ |
![]() PT-reUSD / USDC PT as collateral | Lending floating | Morpho Monad | $1.5M$1,522,151 | $1.2M$1,150,633 | 9.66%9.6566% | ↗ |
![]() nOPAL / USDC Plume Vaults | Lending floating | Morpho Ethereum | $5.3M$5,269,473 | $3.5M$3,522,763 | 9.59%9.5898% | ↗ |
![]() PT-USD3 / USDC PT as collateral | Lending floating | Morpho Ethereum | $16.0M$15,974,357 | $11.9M$11,873,051 | 9.50%9.5031% | ↗ |
![]() PT-sAID matures 31 Dec 2026 | Fixed yield PT | Pendle Ethereum | $86.7K$86,701 | — | 9.47%9.4659% fixed | ↗ |
![]() srnOPAL / jrnOPAL Strata | Tranches senior / junior | Strata Ethereum | $415.0K$414,952 | — | 9.29%9.292% / 12.95%12.9507% | ↗ |
![]() AUTO / USDC Hastra | Lending floating | Morpho Ethereum | $616.3K$616,343 | $440.7K$440,701 | 9.25%9.2488% | ↗ |
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.



















