Pendle launches $deJAAA market enabling yield separation on Janus Henderson AAA CLO notes via Centrifuge, maturing November 2026.

DeFi & Yields · 2026-10-21

Pendle launched a live market on October 21, 2026, enabling traders to separate principal and yield on $deJAAA, a tokenized note linked to the Janus Henderson Anemoy AAA CLO Fund. Principal tokens represent 1 USDC at maturity on November 26, 2026, while yield tokens capture the underlying floating-rate income that accrues through the fund's holdings of AAA-rated collateralized loan obligations. The market operates on Base and requires a minimum investment of 10,000 USD, with eligibility limited to non-US persons and entities according to published terms.

Previously on Telem

Hyperdrive launches RWA Markets on Base with 50K USDC incentives 2026-10-20
Centrifuge JAAA attracts $29.1M median allocations versus competitors' $2.5M, $10.1M 2026-10-16
Arthur Hayes purchases $888K in AERO, PENDLE, ZAMA tokens 2026-10-15