# Private Credit Map > A visual, public reference for onchain private credit: the platforms tokenizing real-world loans, the tokenized credit assets they issue, where those tokens are used in DeFi (lending, looping, tranching, allocators), and how positions exit back to cash. The dataset covers 42 platforms and 105 tokenized credit assets. Credit types: Corporate Credit, Diversified Credit, Specialty Finance, Asset-Backed Credit. Platforms are grouped by origin: TradFi managers, Onchain platforms, Direct originators. DeFi market figures (APY, TVL, leverage) are snapshots pulled from each venue’s public API and change over time; the site shows the capture date. ## Pages - [Home](https://privatecredit.therawbyte.com/): Track private credit from issuance to DeFi to exit. - [Onchain: how credit becomes a token](https://privatecredit.therawbyte.com/onchain): Stage one: a real-world loan or fund becomes a token. Someone originates the credit, an issuer mints the token, and the token takes a particular form. - [DeFi: what you can do with a credit token](https://privatecredit.therawbyte.com/defi): Stage two: once the token exists it can be used. Borrow against it, loop it for leverage, hold it in a portfolio, or split it into senior and junior claims. - [Exit: how a credit token becomes cash](https://privatecredit.therawbyte.com/exit): Stage three: getting from the token back to cash, either by redeeming it or through a venue that gives you liquidity before the loan matures. - [The map](https://privatecredit.therawbyte.com/map): The whole flow on one page: originators, issuers, token forms, DeFi jobs, tranche protocols and exit venues. - [Directory](https://privatecredit.therawbyte.com/directory): Every platform, tranche protocol and exit route, each with its own profile page. ## Platforms - [Centrifuge](https://privatecredit.therawbyte.com/directory/centrifuge): TradFi manager — JAAA, ACRDX, deJAAA, HYB, deCRDX - [J.P. Morgan](https://privatecredit.therawbyte.com/directory/j-p-morgan): TradFi manager — US36317HAA23 - [KAIO](https://privatecredit.therawbyte.com/directory/kaio): TradFi manager — SCOPEx - [Midas](https://privatecredit.therawbyte.com/directory/midas): TradFi manager — mGLOBAL, mF-ONE, mGLO, mWIN - [Mu Digital](https://privatecredit.therawbyte.com/directory/mu-digital): TradFi manager — muBOND, loAZND - [OpenEden Digital](https://privatecredit.therawbyte.com/directory/openeden-digital): TradFi manager — HYBOND - [Securitize](https://privatecredit.therawbyte.com/directory/securitize): TradFi manager — STAC, ACRED, HINC, RE, HLSCOPE - [Superstate Fund OS](https://privatecredit.therawbyte.com/directory/superstate-fund-os): TradFi manager — CUSHY - [WisdomTree](https://privatecredit.therawbyte.com/directory/wisdomtree): TradFi manager — CRDYX, WTSIX - [3jane](https://privatecredit.therawbyte.com/directory/3jane): Onchain platform — USD3, sUSD3 - [Accountable](https://privatecredit.therawbyte.com/directory/accountable): Onchain platform — vUSD - [Coinshift](https://privatecredit.therawbyte.com/directory/coinshift): Onchain platform — USPC - [cSigma Finance](https://privatecredit.therawbyte.com/directory/csigma-finance): Onchain platform — cSUPQPCDC, csUSD, cSUPQPV, cSUPQPCH - [Ember](https://privatecredit.therawbyte.com/directory/ember): Onchain platform — pAlpha - [Huma](https://privatecredit.therawbyte.com/directory/huma): Onchain platform — PST - [Maple](https://privatecredit.therawbyte.com/directory/maple): Onchain platform — syrupUSDC, syrupUSDT, syrupUSDG - [OpenTrade (Perimeter Protocol)](https://privatecredit.therawbyte.com/directory/opentrade-perimeter-protocol): Onchain platform — xDLF, XDFIS, xUSCLO, XUPL, XUPL-PLUME, xIGCP, … - [Pareto](https://privatecredit.therawbyte.com/directory/pareto): Onchain platform — AA_FalconXUSDC, AA_RockawayUSDC, AA_idle_Fasanara, AA_BastionUSDC, AA_Adaptive FrontierUSDC, ParetoM1C-USDC - [Plume Vaults](https://privatecredit.therawbyte.com/directory/plume-vaults): Onchain platform — nOPAL, nALPHA, nPERENA, nWISDOM, nACRDX, nCREDIT, … - [Saturn](https://privatecredit.therawbyte.com/directory/saturn): Onchain platform — sUSDat - [Stable](https://privatecredit.therawbyte.com/directory/stable): Onchain platform — mUSDX - [TownSquare](https://privatecredit.therawbyte.com/directory/townsquare): Onchain platform — trwaUSD - [Asseto](https://privatecredit.therawbyte.com/directory/asseto): Direct originator — CFSRS, EPOCH+ - [Axil](https://privatecredit.therawbyte.com/directory/axil): Direct originator — VRPCS, VRPCW - [Bitbond](https://privatecredit.therawbyte.com/directory/bitbond): Direct originator — BB1 - [Cashlink](https://privatecredit.therawbyte.com/directory/cashlink): Direct originator — LMA1 - [Ctrl Alt](https://privatecredit.therawbyte.com/directory/ctrl-alt): Direct originator — HERA-I-L - [GAIB](https://privatecredit.therawbyte.com/directory/gaib): Direct originator — sAID - [Galaxy Digital](https://privatecredit.therawbyte.com/directory/galaxy-digital): Direct originator — GACLO-1 - [Hashfire](https://privatecredit.therawbyte.com/directory/hashfire): Direct originator — MAPO - [Hastra](https://privatecredit.therawbyte.com/directory/hastra): Direct originator — PRIME, AUTO - [Lend.xyz](https://privatecredit.therawbyte.com/directory/lend-xyz): Direct originator — opLend-3, opLend-1, opLend-2 - [Liqvid](https://privatecredit.therawbyte.com/directory/liqvid): Direct originator — LIQVID1037_S, LIQVID1041_S - [NUVA](https://privatecredit.therawbyte.com/directory/nuva): Direct originator — nvPRIME, nvYLDS - [Obligate](https://privatecredit.therawbyte.com/directory/obligate): Direct originator — oTFY - [OnRe](https://privatecredit.therawbyte.com/directory/onre): Direct originator — ONyc - [R25](https://privatecredit.therawbyte.com/directory/r25): Direct originator — VRPCQ, APC3M - [Re](https://privatecredit.therawbyte.com/directory/re): Direct originator — reUSD, reUSDe - [Republic](https://privatecredit.therawbyte.com/directory/republic): Direct originator — NOTE - [Rivool Finance](https://privatecredit.therawbyte.com/directory/rivool-finance): Direct originator — RVL4, RVL5, RVL2, RVL1 - [STOKR](https://privatecredit.therawbyte.com/directory/stokr): Direct originator — BMN2, PKH2, AQF, STRCst - [VERT Capital](https://privatecredit.therawbyte.com/directory/vert-capital): Direct originator — BRVERTCRA4T3, BRVERTCRA4V9, BRVERTCRA4S5, BRVERTCRA4U1 ## Tranche protocols - [Strata](https://privatecredit.therawbyte.com/directory/strata): Tranche protocol — PRIME, nOPAL - [3jane](https://privatecredit.therawbyte.com/directory/3jane-tranche): Tranche protocol — USD3 - [Royco](https://privatecredit.therawbyte.com/directory/royco): Tranche protocol — mGLOBAL - [Exponent](https://privatecredit.therawbyte.com/directory/exponent): Tranche protocol — ONyc - [Pendle](https://privatecredit.therawbyte.com/directory/pendle): Tranche protocol — syrupUSDC, PRIME ## Exit routes - [Zharta](https://privatecredit.therawbyte.com/directory/zharta): Exit route - [Loopscale](https://privatecredit.therawbyte.com/directory/loopscale): Exit route - [Multiliquid](https://privatecredit.therawbyte.com/directory/multiliquid): Exit route - [Liquid Lane](https://privatecredit.therawbyte.com/directory/liquid-lane): Exit route - [Upshift Clear](https://privatecredit.therawbyte.com/directory/upshift-clear): Exit route - [Grove Basin](https://privatecredit.therawbyte.com/directory/grove-basin): Exit route - [Fission](https://privatecredit.therawbyte.com/directory/fission): Exit route - [Keyring](https://privatecredit.therawbyte.com/directory/keyring): Exit route — mGLOBAL - [3F](https://privatecredit.therawbyte.com/directory/3f): Exit route — AA_FalconXUSDC, JAAA ## Optional - [Full dataset as text](https://privatecredit.therawbyte.com/llms-full.txt): every asset with ticker, name, issuer, credit type, chains and form, plus tranche splits, allocators and exit venues. - [Sitemap](https://privatecredit.therawbyte.com/sitemap.xml)