TWIN-Credit

25 Oct 2026 · v1.1 · weekend

Sunday. Centrifuge app window still shut. Maple withdrawal rail not stamped live. Both books unchanged. A Morpho or Uniswap book does not upgrade Closed.

Watch → Closed. Both books unchanged.

Weekend print. JAAA and syrupUSDC stamped 24 Oct 2026 (RWA.xyz). No published weekend rail stamped.

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InstrumentStatusHoldersValueActivityCondition
JAAAwatch33$583m36Watch → weekend substitution is none. Crowd is still the weak channel when the window reopens.
syrupUSDCwatch8,655$988m8,871Watch → weekend substitution is none. The queue is the condition, not the secondary book.

JAAA — Anemoy / Centrifuge token of the Janus Henderson AAA CLO

Watch → weekend substitution is none. Crowd is still the weak channel when the window reopens.

Twin
Listed AAA CLO / cash-plus claim. Janus Henderson AAA CLO, token issued via Anemoy / Centrifuge.
Title
Token = receipt against the fund. Not the CLO loan itself.
Cash leg
USDC via the Centrifuge app.
Clock
Sunday. Daily Centrifuge app window remains closed until Monday. Underlying credit hours are not this window.
Pledge
Not scored. No published pledge window on this stamp.
Exit
Primary closed until Monday. No issuer instant rail stamped. Do not list Morpho, Aave, Liquid Lane, or a secondary book as the exit.
Redemption
Closed. Primary support off. No confirmed instant rail. Closed, not Instant-only. A secondary book does not upgrade it.
Crowd
Tight. 33 public holders on $583m. 36 addresses active in 30 days. Unchanged from 24 Oct.
Basis
Path. Token versus the listed AAA CLO. No spread stamped.

Source: RWA.xyz as of 24 Oct 2026, printed 25 Oct

syrupUSDC — Maple syrupUSDC

Watch → weekend substitution is none. The queue is the condition, not the secondary book.

Twin
Institutional private credit / cash-plus claim. Maple Syrup pool, overcollateralised loans to crypto market makers and trading firms.
Title
Token = receipt against the pool. Not a deposit token.
Cash leg
USDC from the Maple withdrawal queue.
Clock
Sunday. Published withdrawal rail not stamped live. Banking-day window remains shut until Monday.
Pledge
Not scored. Morpho and Aave listings are not a pledge window.
Exit
Primary closed until Monday. Do not list Morpho, Aave, Uniswap, or a secondary book as the exit.
Redemption
Closed. Published withdrawal rail not stamped live this session. Closed, not Instant-only. A lending market or a swap is not the state.
Crowd
Looked-up. 8,655 public holders on $988m. 8,871 addresses active in 30 days. Unchanged from 24 Oct.
Basis
Path. Token versus the pool NAV. No spread stamped.

Source: RWA.xyz as of 24 Oct 2026, printed 25 Oct