deCRDX, issued by Anemoy and tokenized by the Centrifuge Network Foundation, is a DeFi-composable tokenized fund interest that wraps the Anemoy Tokenized Apollo Diversified Credit Fund (ACRDX) into a freely transferable token representing the same underlying fund exposure [S1][S2].

Holders gain economic exposure to the Anemoy Tokenized Apollo Diversified Credit Fund (ACRDX), an Apollo-managed diversified credit strategy structured by Anemoy as investment manager [S1]. As a deRWA-standard token, deCRDX lets holders earn the stable yields of the underlying assets while remaining tradable and composable across DeFi [S2][S3]. NAV calculations and price-oracle updates determining the token's value are computed on the hub chain [S4].

The branded fund is structured by Centrifuge's asset-management arm Anemoy, with Centrifuge supplying the onchain tokenization, accounting, and distribution layer through the Cayman Islands-registered Centrifuge Network Foundation [S5][S1]. The holder's claim takes the form of an ERC-20 share token representing an interest in the underlying fund, wrapped by the deRWA standard into a freely transferable token [S6][S2]. Centrifuge's Terms of Use state that neither Centrifuge nor any affiliated entity is licensed in the holder's jurisdiction and that pools may be unregulated [S7]. deRWA tokens are offered to non-U.S. persons under Regulation S, with onboarding requiring KYC and AML compliance [S7][S8].

Share tokens follow the ERC-20 standard with ERC-1404 permissioning, issued from ERC-4626 and ERC-7540 vaults [S6][S4]. deRWA tokens are freely transferable across Ethereum, Base, Arbitrum, Avalanche, Solana, and Stellar [S2][S3]. Cross-chain movement uses a burn-and-mint mechanism for 1:1 token movement, and NAV and pricing are computed on the hub chain and distributed to all networks [S4].

<Sources
  retrievedAt="2026-06-19"
  items={[
    { id: "S1", url: "https://centrifuge.io/" },
    { id: "S2", url: "https://centrifuge.io/derwa-tokens" },
    { id: "S3", url: "https://centrifuge.io/blog/centrifuge-derwa-tokens" },
    { id: "S4", url: "https://docs.centrifuge.io/developer/protocol/overview/" },
    { id: "S5", url: "https://centrifuge.io/imprint" },
    { id: "S6", url: "https://docs.centrifuge.io/user/concepts/tokenization/" },
    { id: "S7", url: "https://centrifuge.io/terms" },
    { id: "S8", url: "https://centrifuge.io/blog/despxa-on-base" },
  ]}
/>


# Asset senders (daily) methodology

## 1. Overview

Asset senders (daily) is calculated as the number of unique addresses that initiate asset transfers within a fixed 24-hour window. Daily activity is measured from 00:00 UTC to 23:59 UTC for each tracked asset. Active transactors are isolated from passive recipients by identifying only the sending addresses of transactions. This metric is utilized to evaluate the daily active user base and transaction utility of tokenized assets across multiple blockchain networks.

## 2. Data sources

- **EVM chain events**: ERC-20 `Transfer` events, covering EVM-compatible chains (Ethereum, Arbitrum, Base, Polygon, Optimism, and others)
- **Solana instructions**: Token transfer instructions, covering Solana
- **Aptos, Cardano, Stellar Classic, and Sui events**: Token withdraw events, covering Aptos, Cardano, Stellar, and Sui
- **Near, Algorand, Injective, Ripple, and Stellar Soroban events**: Token transfer events, covering Near, Algorand, Injective, Ripple, and Stellar
- **Polkadot Asset Hub events**: `Transferred` events from the `assets` pallet, covering Polkadot Asset Hub
- **Asset metadata**: Token addresses and chain configurations

## 3. Step-by-step calculation

### Component A: Extract sender addresses

- **Purpose**: Identify and extract the unique sending addresses for each asset transfer across all supported chains.
- **Logic**: On EVM-compatible chains, sending addresses are extracted from the `from` field of ERC-20 `Transfer` events, excluding the zero address to filter out mint transactions. On Solana, sending addresses are extracted from the authority address field of token transfer instructions. On Aptos, Cardano, Stellar Classic, and Sui, sending addresses are identified from the account address field of token withdraw events. On Near, Algorand, Injective, and Stellar Soroban, sending addresses are extracted from the sender address field of token transfer events, with null addresses excluded. On Ripple, sending addresses are extracted from token transfer events where the transfer value is negative. On Polkadot Asset Hub, sending addresses are extracted from the event data of `Transferred` events emitted by the `assets` pallet.
- **Key fields**: `timestamp` (block timestamp truncated to daily grain), `token_address` (the contract or asset identifier), `sender_address` (the address initiating the transfer)

### Component B: Consolidate and deduplicate sender data

- **Purpose**: Aggregate sender addresses across all chains and prepare the dataset for daily unique counting.
- **Logic**: Sender records from all individual chains are consolidated into a unified dataset. For each asset on each chain, the sending addresses are grouped by day. To prevent double-counting, duplicate sender addresses for the same asset on the same chain within the same 24-hour window are removed.
- **Key fields**: `timestamp` (daily timestamp), `chain_id` (blockchain identifier), `token_address` (asset address), `sender_address` (unique sending address)

### Component C: Final aggregation

- **Purpose**: Calculate the final daily active sender count per asset and per chain.
- **Logic**: The consolidated dataset is aggregated to compute the daily active senders. Unique sending addresses are counted for each asset on a daily basis, both at the individual chain level and aggregated across all chains for multi-chain assets. If no transfer activity is recorded for a tracked asset on a given day, the daily sender count is filled with zero values.
- **Key fields**: `timestamp` (daily timestamp), `chain_id` (blockchain identifier), `token_address` (asset address), `asset_dau` (daily active senders count)

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Unique asset senders over a fixed 24-hour window.

Asset senders (daily)

Tokenized funds

Anemoy earns management fees on assets under management. Its funds are tokenized and issued onchain via Centrifuge.

Anemoy manages tokenized, fully onchain funds covering AAA CLOs, US Treasuries, S&P 500 exposure and private credit. Janus Henderson Investors acts as sub-investment manager to the CLO, Treasury and S&P 500 funds; Apollo to the diversified credit fund.

Anemoy Asset Management Limited is a privately held, BVI-regulated fund manager. Its funds are issued through Anemoy Capital SPC Limited.

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Real-world asset (RWA) issuers

Anemoy

DeFi Anemoy Tokenized Apollo Diversified Credit Fund (deCRDX) is a tokenized fund share issued by Centrifuge.

The fund invests in private credit in global markets.

deCRDX has been issued on OP Mainnet as an ERC-1404 token since February 2026.

DeFi Anemoy Tokenized Apollo Diversified Credit FunddeCRDX