If you’ve ever tried to execute a leveraged looping strategy on-chain, you know the pain. Approve this token, swap that one, deposit here, borrow there, repeat until your browser tabs outnumber your brain cells. Centrifuge and Compass Labs just collapsed that entire process into a single API call.
The integration, announced on August 6, bundles up to 43 individual transactions into one streamlined operation. That means executing leveraged looping on Morpho, for example, goes from a multi-step ordeal to something closer to clicking “buy” on a brokerage app. The non-custodial API and SDK work across both Ethereum and Base, targeting developers, fintech providers, and increasingly, AI agents looking for programmatic access to tokenized real-world assets.
What’s actually being looped
The assets at the center of this integration are two of Centrifuge’s flagship tokenized products: deSPXA and deJAAA.
deSPXA is a tokenized S&P 500 index fund, launched on September 25, 2025, as the first licensed product of its kind.
deJAAA takes a different slice of traditional finance, tokenizing AAA-rated collateralized loan obligations. CLOs are bundles of corporate loans packaged into tranches by credit quality. The AAA tranche sits at the top of the credit stack, meaning it gets paid first if things go sideways. deJAAA reached $1 billion in assets under management faster than any prior Centrifuge product.
Both products fall under Centrifuge’s deRWA framework, which takes regulated financial instruments, wraps them in DeFi-compatible tokens, and makes them composable with the rest of the ecosystem.
The plumbing that matters
Compass Labs provides the API layer that makes the one-click experience possible. The Compass API consolidates those steps into a single call. The integration also eliminates the need for multiple provider connections when swapping between assets on Ethereum and Base.
This isn’t a new token launch or a protocol overhaul. No governance vote was needed. No new smart contract risk surface was introduced beyond the API integration itself. It’s an infrastructure upgrade that sits on top of existing Centrifuge products and existing DeFi protocols like Morpho.
Centrifuge’s growing footprint
Centrifuge now exceeds $2 billion in on-chain tokenized assets. Its tokenized Treasury product alone accounts for roughly $1.4 billion of that total.
deJAAA reaching $1 billion in AUM faster than any previous Centrifuge product suggests that the market for tokenized credit products is maturing rapidly.
Why one-click matters more than it sounds
Bundling 43 transactions into one call doesn’t just save time. It fundamentally changes the math on whether a strategy is worth executing at all, especially for smaller positions where gas costs would otherwise eat into returns.
As autonomous trading systems become more common in DeFi, the ability to interact with tokenized RWAs through a clean API becomes a prerequisite for inclusion in algorithmic strategies. If your asset requires 43 separate transactions to loop, it’s probably getting skipped by any agent optimizing for efficiency.