RWA · Private Credit · CFG
Centrifuge tokenizes illiquid real-world business assets (invoices, mortgages, trade finance) through bankruptcy-remote SPV structures. DROP/TIN senior-junior tranche tokens link legal collateral to on-chain investors; JAAA and JTRSY add tokenized CLO and Treasury exposure.
Tokenizing illiquid real-world business assets.
Assets under management
Latest data
Coins under Centrifuge
Member products
On-chain + off-chain aggregates across member coins
Assets under managementDeFi Llama
$1.63B
Protocol TVL · 30ddefillama
Click a row for live on-chain + market data
| Symbol | Category | Price | 24h | Mkt cap | |
|---|---|---|---|---|---|
| CFG | Token | $0.149 | -2.7% | $0 | |
| Pool Tokens | Receipt | — | — | — |
Showing 2 of 2 coins
Consistent cross-network snapshot · synced 13h ago
Price
Token market (secondary)
TVL by chain
Centrifuge is a real-world-asset financing protocol that tokenizes illiquid business assets such as invoices, mortgages and trade-finance receivables through bankruptcy-remote SPV structures. Each pool issues senior DROP and junior TIN tranche tokens, recreating a structured-credit waterfall in which TIN absorbs first losses for higher yield. Centrifuge pools were among the first RWA collateral backing MakerDAO's DAI, and its newer products (JAAA, JTRSY) extend into tokenized CLOs and Treasuries with institutional partners like Janus Henderson. It appears in the Credit sector through its private-credit financing role while remaining primarily an RWA platform.
