Centrifuge deSPXA and deJAAA are now live on 0x

Most tokenized real-world assets are built to be held, not traded. Transfer restrictions, whitelists, and issuer-side redemption queues keep them out of the DeFi primitives that make every other onchain asset useful. Centrifuge’s deRWA tokens are the opposite: freely transferable ERC-20s that behave like any other token once they hit a pool.

0x now surfaces that liquidity through 0x Swap API and Cross-Chain API. Integrators get one interface to quote and route deSPXA and deJAAA on Base instead of building a separate integration for every venue.

What’s now tradable

Two Centrifuge assets are supported, spanning two distinct exposures — with more assets coming:

• deSPXA — S&P 500 index exposure
• deJAAA — AAA-rated CLOs

Each is a deRWA wrapper around an underlying fund tokenized through Centrifuge, structured so the token itself moves freely onchain while fund mechanics settle separately at the issuer level.

How the integration works

Swap API aggregates Centrifuge liquidity from the DEXs and AMMs already connected on Base, and routes each trade to the best price across them. This is the same aggregation model 0x Swap API applies to every other asset. There is no separate endpoint, no new integration pattern, and no changes to how your team calls the API today.

For users who aren't already on Base, Cross-Chain API routes their assets there first, so they can still reach deRWA liquidity without a separate integration.

Coverage follows whichever deRWA tokens are actually listed on connected venues at a given time rather than a fixed list. As Centrifuge extends deRWA to more pools and more chains, those assets become reachable through the same integration.

Why this matters

Tokenized funds have historically had a distribution problem, not a product problem. The assets exist; reaching them means a bespoke integration per issuer, per venue, per chain. That cost is why most consumer apps don’t offer them at all.

Aggregating Centrifuge assets the same way Swap API aggregates everything else changes the calculus. Adding CLO and index exposure to a product becomes a routing decision rather than an engineering project, using the same quoting, routing, and settlement flow your team already runs.

Centrifuge is one of the larger tokenization platforms for institutional assets coming onchain, and deRWA is a deliberate bet that these assets should be composable rather than cordoned off. Aggregation is the other half of that bet: composable assets still need a way for apps to actually reach them.

“We built deRWA so tokenized assets can move through onchain markets as freely as other digital assets. Bringing liquidity across venues into a single routing layer gives applications a simpler way to access available markets without integrating each one individually. That broadens the distribution surface for real-world assets across onchain products.”

– Bhaji Illuminati, CEO, Centrifuge

Get started

Access to Centrifuge assets requires opt-in. To enable it or to evaluate broader RWA support, reach out to the 0x team.

Disclaimer: Certain geo-restrictions may apply. Tokenized assets referenced here are issued by a separate third party, and ZeroEx is not a broker, dealer, exchange, or a registered financial institution. Any content or information presented or otherwise made available to you is on an “as is” basis and for general informational and educational purposes only, without representation or warranty of any kind. This publication is not: (a) an offer, or solicitation for an offer, to buy or sell, any interest or shares, or to participate in any investment or trading strategy; (b) intended to provide investment, financial, legal, or other professional advice; or (c) an official statement by ZeroEx or any of our affiliates. Please refer to our Terms of Service for more information.

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