JAAA Utilization Shows 78.6% as Proposal Would Lift Its Aave Borrowing Limit

A snapshot displayed 78.6% utilization for the Janus Henderson Anemoy AAA CLO Fund (JAAA), while a proposed Aave Horizon change would increase borrowing capacity and narrow its liquidation buffer. The snapshot was captured at 8:05 p.m. ET Oct. 19 (12:05 a.m. UTC Oct. 20). The 47.6% figure applied to Centrifuge’s 10 assets as a group, rather than to JAAA alone. That platformwide total included JAAA. The snapshot displayed $448.98 million in JAAA DeFi Active TVL against $571.22 million in active AUM. Across the platform, DeFi Active TVL was $453.74 million against $953.33 million in active AUM. Utilization compares the value held in third-party DeFi protocols, called DeFi Active TVL, with an asset’s active market value.

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