Pendle launches AAA CLO yield trading with deJAAA token

The DeFi yield protocol now lets users split and trade tokenized exposure to Janus Henderson's AAA-rated CLO fund Pendle has opened a market for deJAAA, a token that wraps exposure to Janus Henderson’s AAA-rated collateralized loan obligation strategy. The DeFi yield-trading protocol now lets users carve that exposure into separate principal and yield pieces and trade them on-chain. The new market went live on October 21, 2026. It centers on deJAAA, a wrapper for the Janus Henderson Anemoy AAA CLO Fund , better known by its ticker, JAAA.