Exits
How to turn a private-credit token back into dollars, and how long each way takes.
How an exit works
A fund pays out on its own date. An early exit is someone paying you now, taking your tokens and waiting for the fund, for a fee. If nobody will, you wait for the fund.
- 1You hold the tokenFund share, receipt or tranche
- 2 · optionalA desk or buyer pays nowMinutes, minus a fee
- 3The fund redeemsOn the fund’s schedule, at NAV
What do you hold?
Redeem with the issuer
Always available- Time to cash
- The issuer’s schedule: from instant to a queue or a monthly window
- Price
- The token’s NAVNet asset value: one token’s worth by the issuer’s books. or exchange rate
- Fee
- Set by the issuer
- Where
- The issuer’s app, linked on each token page
Exit deskBuys fund tokens for cash now, for a fee.: Fission
Live · minutes- Time to cash
- Minutes, paid in USDC
- Price
- Fund NAV, less the desk’s fee
- Limit
- Only up to the desk’s liquidity for that asset
- Takes
- ACRED · ACRDX · HYB · more
From Fission’s own site and docs, checked 10 Oct 2026.
Swap on a DEXAn onchain pool you can swap in and out of.
Depends on the token- Time to cash
- Minutes
- Price
- Market price, which can sit below NAV
- Limit
- Pool depth; large sales move the price
- Where
- Token page › Exit lists the pools
Exit options by token
Fastest route first. Click a token for its full exit section.
| Token | Issuer redemption | Exit desk | Fastest route |
|---|---|---|---|
| nACRDX Plume Vaults | — | — | — |
| mWIN Midas | — | — | — |
| muBOND Mu Digital | — | — | — |
| mGLOeuro Midas | — | — | — |
| mGLOBAL Midas | — | — | — |
| mGLO Midas | — | — | — |
| mF-ONE Midas | Quarterly fund redemption window | — | Quarterly fund redemption window · issuer |
| MAPO Hashfire | — | — | — |
| loAZND Mu Digital | — | — | — |
| LMA1 Cashlink | — | — | — |
| LIQVID1041_S Liqvid | — | — | — |
| LIQVID1037_S Liqvid | — | — | — |
| JUSD JUSD Finance | — | — | — |
| JAAA Centrifuge | — | — | — |
| HYBOND OpenEden Digital | — | — | — |
| HYB Centrifuge | — | Fission | Minutes · Fission |
| HOME NUVA | — | — | — |
| HLSCOPE Securitize | — | — | — |
| HINC Securitize | — | — | — |
| HERA-I-L Ctrl Alt | — | — | — |
| gAUSD Accountable | Monthly, up to 30% of principal | — | Monthly, up to 30% of principal · issuer |
| GACLO-1 Galaxy Digital | — | — | — |
| deJAAA Centrifuge | — | — | — |
| deCRDX Centrifuge | — | — | — |
| CUSHY Superstate Fund OS | — | — | — |
Leveraged positions
If you chose “a leveraged position” above, these close the loan and the fund position together
From each desk's own site and docs, checked 10 Oct 2026.
Sources: Exit desks from each desk's own site and docs, checked 10 Oct 2026 · Centrifuge redemption terms (ACRDX), checked 10 Oct 2026 · Midas redemption terms (mF-ONE), checked 8 Nov 2026 · 3Jane redemption terms (USD3, sUSD3), checked 10 Nov 2026 · Accountable redemption terms (vUSD, gAUSD), checked 10 Nov 2026. A dash means the term is not confirmed from the issuer or desk yet.