Private credit

Loans to companies, financed on-chain: you provide capital to a lending pool and earn interest in return. Yields are usually higher than government bonds — and so is the risk: repayment depends on the borrowers, and funds are often locked for a fixed term.

Assets69
Platforms6
Reported yield range4,1–18,8 %
77 assets · access calculated for United States · page 1 of 4
🏛️

VanEck Treasury Fund

Securitize · US Treasuries
Available
Institutional
Price—
Yield (APY)—
TVL—
VBILL
🤝

JTRSY deRWA

Centrifuge · Private Credit
Limited
Institutional
Price$1,04
Yield (APY)4,10 %
TVL$11,1M
deJTRSY
🤝

Janus Henderson Treasury Fund

Centrifuge · Private Credit
Limited
Institutional
PricePool deposit
Yield (APY)4,10 %
TVL$-1.775.855.813.953.355.776
JTRSY
🤝

S&P 500 DeFi (Centrifuge)

Centrifuge · Private Credit
Limited
Institutional
Price$772,10
Yield (APY)—
TVL$1,9M
deSPXA
🤝

Arkonix Test Vault

Centrifuge · Private Credit
Limited
Institutional
Price$1,46
Yield (APY)—
TVL$15
ArkTEST
🤝

L'Investisseur Musulman

Centrifuge · Private Credit
Limited
Institutional
Price$1,28
Yield (APY)—
TVL$26K
LIMS
🤝

Emplifai Vault

Centrifuge · Private Credit
Limited
Institutional
Price$1,25
Yield (APY)—
TVL$677
emplifai
🤝

Odins Reserve

Centrifuge · Private Credit
Limited
Institutional
Price$1,17
Yield (APY)—
TVL$10K
ArkOdin
🤝

Zivoe SMB Credit

Centrifuge · Private Credit
Limited
Institutional
Price$1,15
Yield (APY)—
TVL$2,7M
zSMB
🤝

Apyx Yield Vault

Centrifuge · Private Credit
Limited
Institutional
Price$1,08
Yield (APY)—
TVL$113K
apxYIELD
🤝

JAAA deRWA

Centrifuge · Private Credit
Limited
Institutional
Price$1,05
Yield (APY)—
TVL$9,5M
deJAAA
🤝

Staked USDi

Centrifuge · Private Credit
Limited
Institutional
Price$1,03
Yield (APY)—
TVL$6K
SUSDI
🤝

Just Real Return Token

Centrifuge · Private Credit
Limited
Institutional
Price$1,02
Yield (APY)—
TVL$717
JRRT
🤝

PE TEST

Centrifuge · Private Credit
Limited
Institutional
Price$1,01
Yield (APY)—
TVL$6
peqTEST
🤝

Arkonix Conservative

Centrifuge · Private Credit
Limited
Institutional
Price$1,00
Yield (APY)—
TVL$2
ArkCon
🤝

Arkonix Playground

Centrifuge · Private Credit
Limited
Institutional
Price$1,00
Yield (APY)—
TVL$1
ARKPLAY
🤝

Centrifuge RWA Test Token

Centrifuge · Private Credit
Limited
Institutional
Price$1,00
Yield (APY)—
TVL$19
RWAt
🤝

U.S. Home Price

Centrifuge · Private Credit
Limited
Institutional
Price$1,00
Yield (APY)—
TVL$9
USHP
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Platforms in this category

Centrifuge 39 assets

EVM-native multichain protocol for on-chain asset management (pools/vaults) — credit, treasuries, real estate.

 Figure

US blockchain lending giant (tokenized HELOCs/private credit on Provenance) with Figure Markets and YLDS — the first SEC-registered yield-bearing stablecoin, open to US retail.

 Goldfinch 25 assets

Private credit protocol; Goldfinch Prime gives non-US retail access to institutional credit funds (Apollo, Ares, Golub) on Base — centrally managed via Heron.

 Maple Finance 2 assets

On-chain institutional private credit lending; retail access via permissionless syrupUSDC/syrupUSDT.

 Midas 1 assets

Berlin-based RWA issuer offering institutional strategies (US treasuries, private credit, market-neutral crypto) as compliant on-chain tokens with no minimum investment for EU retail.

 Securitize 2 assets

Regulated RWA tokenization stack (broker-dealer + transfer agent + ATS); the platform behind BlackRock BUIDL, among others.

Frequently asked questions

Where does the yield come from?

From interest that borrowing companies pay on their loans. It is higher than government bonds because default risk and illiquidity are priced in.

Can I exit early?

Often not immediately: many pools have lock-ups or notice periods. Check the pool terms before depositing.

What if a borrower defaults?

Defaults reduce the pool's value — in the worst case including your principal. Diversified pools and first-loss capital soften, but do not remove, this risk.