Centrifuge

Atlas Verdict

Centrifuge is under active Atlas coverage with live issuer, risk, and verification data sourced from Supabase.

Centrifuge operates as a decentralized protocol enabling real-world asset financing through blockchain infrastructure. The platform facilitates private credit pools where asset originators can tokenize their portfolios and access DeFi liquidity. Built on Substrate with Ethereum connectivity, Centrifuge powers pools for invoice financing, trade finance, and real estate through partners like Aave, MakerDAO integration, and institutional borrowers including New Silver, ConsolFreight, and Paperchain. The protocol features a dual-token model with senior/junior tranches, enabling risk-adjusted returns for TradFi and DeFi investors. CFG token holders govern protocol parameters, with k/f Labs providing core development services.

AUM / Size~$350M

Risk Score6.2

Verification2.7

BadgeATLAS MONITORED

Risk6.2

Transparency7.5

Verification2.7

PRIVATE CREDITATLAS MONITOREDPrivate Credit

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Risk LevelELEVATED

CategoryPrivate Credit

JurisdictionUnknown

Chain Footprint1 Chain

Issuer Identification

Live Atlas SectionS0Updated 2026-04-02 22:07:10.444+00

Issuer ID: RWA-019 | Legal Issuer: Centrifuge Foundation (Germany) | Operating Entity: k/f Labs GmbH | Parent: Decentralized Protocol (CFG governance) | Asset Class: PRIVATE CREDIT INFRASTRUCTURE | Structure: Pool Protocol; Multi-Issuer Platform; SPV Framework | Jurisdiction: Germany; Multiple Pool Jurisdictions | Launch: 2020 (Tinlake); 2023 (Centrifuge V3) | Primary Chain: Ethereum + Polygon | Investor Access: OPEN PROTOCOL / PERMISSIONLESS | Regulatory: PROTOCOL LAYER / Pool-Specific Compliance | Transparency: HIGH DISCLOSURE / OPEN SOURCE

Issuer Overview

StructureDeFi lending protocol

Asset ClassPRIVATE CREDIT

Investor TypeInstitutional / KYC

Min InvestmentVaries by product

Token StandardTokenized asset

Coverage StatusLive sections synced • 2026-04-03 00:04:59.18+00

Chain Infrastructure

Chain Footprint1 Chain

Chain Count1 chain

All Deployed Chains

ethereum

Market Position

Live Atlas SectionS12Updated 2026-04-03 00:03:39.363+00

Centrifuge positions itself as the leading decentralized infrastructure for private credit tokenization, competing directly with Maple Finance, TrueFi, and Clearpool in the DeFi lending space. Unlike competitors focused on direct lending, Centrifuge operates a marketplace model enabling asset originators to create isolated lending pools. With estimated $150M+ in TVL across Tinlake (legacy) and Centrifuge V3, it ranks among top 3 DeFi credit protocols by AUM. The platform targets institutional asset managers, credit funds, and RWA originators seeking blockchain-based securitization. Key differentiators include: multi-collateral pool architecture, integrated KYC/AML via identity verification partners, and CFG governance token enabling community-driven protocol evolution. Distribution strategy focuses on traditional finance partnerships rather than retail DeFi users, with pools from New Silver, ConsolFreight, and BlockTower Credit demonstrating institutional adoption. Centrifuge's infrastructure-first approach contrasts with Maple's credit manager model and TrueFi's delegated lending pools.

Atlas ClassificationCentrifuge positions itself as the leading decentralized infrastructure for private credit tokenization, competing directly with Maple Finance, TrueFi, and Clearpool in the DeFi lending space

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