Onchain Assets · 04 / 7
Loans to businesses and households, onchain
Loans originated offchain, such as business loans, consumer and home-equity credit, and receivables, financed or recorded onchain. Investors earn interest; underwriters and pool managers decide who borrows.
Market cap · live
$24.7B
CoinGecko category: tokenized-private-credit
Largest
Figure Heloc · FIGR_HELOC
100% of the category · $24.7B
Pooled lending
A delegate manages one pool of loans for depositors.
Tranched pools
Senior and junior tranches split risk and return.
Onchain loan registry
Loans are originated and recorded on a blockchain.
Ranked by market cap, live from CoinGecko.
| # | Name | Market cap | Share | 24h |
|---|---|---|---|---|
| 01 | Figure Heloc · FIGR_HELOC | $24.7B | 100.0% | -0.2% |
| 02 | Pareto AA Tranche FalconX USDC · AA_FALCONXUSDC | $0 | 0.0% |
Default
Borrowers can fail to repay; collateral may not cover losses.
Underwriter quality
Returns depend on who decides who gets a loan.
Liquidity
Loans are long-dated; exits can be gated.
On Tempo
Tempo's Earn guide lists institutional credit, around 5–8% APY, among the yield sources platforms can offer through vaults.