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% | ↗ |
![]() reUSDe / USDC Re | Lending floating | Morpho Ethereum | $172.9K$172,917 | $131.7K$131,742 | 13.25%13.2503% | ↗ |
![]() syrupUSDC / USDC Maple | Lending floating | Morpho Arc | $2.3M$2,282,219 | $2.0M$1,954,947 | 12.09%12.091% | ↗ |
![]() vUSD / AUSD Accountable | Lending floating | Euler Monad | $79.8M$79,845,081 | $16.3M$16,337,986 | 11.33%11.3253% | ↗ |
![]() 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% | ↗ |
![]() AUTO / USDC Hastra | Lending floating | Morpho Ethereum | $616.3K$616,343 | $440.7K$440,701 | 9.25%9.2488% | ↗ |
![]() PT-reUSD / USDT PT as collateral | Lending floating | Morpho Ethereum | $19.6M$19,607,269 | $16.2M$16,171,239 | 9.24%9.2379% | ↗ |
![]() oTFY / USDC Obligate | Lending floating | Morpho Ethereum | $3.0M$3,013,043 | $851.4K$851,358 | 8.74%8.735% | ↗ |
![]() sUSDat / USDC Saturn | Lending floating | Morpho Ethereum | $45.1K$45,069 | $31.7K$31,671 | 8.61%8.6146% | ↗ |
![]() sUSDat / AUSD Saturn | Lending floating | Morpho Ethereum | $188.0K$187,993 | $87.4K$87,438 | 8.55%8.5498% | ↗ |
![]() PST / USDC Huma | Lending floating | Morpho Ethereum | $18.6M$18,572,798 | $14.7M$14,660,046 | 8.35%8.3457% | ↗ |
![]() mF-ONE / USDC Midas | Lending floating | Morpho Ethereum | $24.4M$24,355,706 | $18.5M$18,481,690 | 8.17%8.1713% | ↗ |
![]() ONyc Multiply vaults · 2.2x in use | Lending loop | Kamino Solana | $115M$114,869,851 | $63.6M$63,613,202 | 8.03%8.0313% borrow | |
![]() ONyc / USDC OnRe Market · 3 reserves | Lending fixed term | Kamino Solana | — | $1.7M$1,744,530 | 8.00%8.0042% / 9.91%9.9109% | |
![]() ONyc OnRe Market | Lending floating | Kamino Solana | $168M$168,456,892 | $95.6M$95,616,690 | 7.93%7.9348% | ↗ |
![]() vUSD / AUSD Accountable | Lending floating | Morpho Monad | $262.8K$262,828 | $134.8K$134,802 | 7.27%7.2658% | ↗ |
![]() PST Multiply vaults · 3.7x in use | Lending loop | Kamino Solana | $10.5M$10,474,607 | $8.0M$8,017,253 | 7.25%7.2484% borrow | |
![]() PST Huma Market | Lending floating | Kamino Solana | $22.0M$21,980,744 | $16.6M$16,620,248 | 7.24%7.2385% | ↗ |
![]() gAUSD / AUSD Accountable | Lending floating | Euler Monad | $25.0M$24,976,131 | $14.5M$14,507,815 | 7.13%7.1298% | ↗ |
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.


















