JTRSY deRWA (DEJTRSY): Uses, Supply and Risks

JTRSY deRWA, ticker DEJTRSY, is a blockchain token representing an interest in a US Treasury-focused fund strategy. It is part of Centrifuge’s deRWA token-wrapping service. The issuer, Open Market Factory Limited (OMF), invests in the underlying fund and issues securities represented on-chain. The blockchain ledger is described as the legal share registry, so a transfer is intended to transfer ownership and the holder’s rights against the issuer.

DEJTRSY is not a native blockchain coin or a general-purpose payment token. Its value is tied to the fund’s net asset value (NAV), which is published on-chain through oracle updates. Returns accrue through changes in the token’s price rather than through rebasing, a mechanism that periodically changes token balances. The token is therefore linked to an investment product and its issuer, not simply to a cryptocurrency protocol.

DEJTRSY provides transferable on-chain access to a US Treasury strategy. Unlike many institutional fund tokens that restrict transfers to whitelisted, KYC-verified wallets, the deRWA token uses a transfer hook intended to allow holders to move it without that wallet whitelist. It can also be bridged across supported networks. This transferability may make the token usable in decentralized finance, including lending markets, decentralized exchanges, savings products, and rate-based strategies, where supported.

Access rules still differ by action. Subscription is described as open to non-US persons who are not subject to sanctions. Redeeming directly with OMF at NAV requires full identity checks and sanctions screening. Holders who do not meet those requirements may have to rely on secondary markets to exit, where the available price and liquidity can differ from NAV. Availability in a DeFi application does not itself establish that the application is suitable or that a holder can redeem directly.

DEJTRSY is issued on Ethereum, X Layer, Base, and Stellar. It is not listed as the native token of any of those networks; it is an asset issued on them. Confirm the network and token contract carefully before sending or bridging, since choosing an unsupported network or an incorrect token can make funds difficult or impossible to recover.

As of 2026-11-05, reported circulating and total supply were both about 10.7 million DEJTRSY. No maximum supply was specified. The reported price was about $1.04, with market capitalization and fully diluted valuation each about $11.1 million; these figures can change and do not guarantee that tokens can be sold at that price. A 24-hour trading-volume figure was not available. The token’s value is tied to the underlying fund’s NAV, but secondary-market prices may differ.

DEJTRSY carries investment, issuer, and technology risks. The value depends on the underlying fund, its assets, and the accuracy and timing of NAV reporting. Oracle updates can be delayed or incorrect, while market conditions may cause the token to trade above or below the reported NAV. Secondary-market liquidity may be limited, so a holder may not be able to sell promptly or at a preferred price.

The token also depends on OMF and the legal arrangements governing the security and the holder’s rights. Direct redemption at NAV is subject to KYC and sanctions screening, and eligibility to subscribe is restricted. Smart-contract, bridge, and network failures could affect transfers or access to tokens. DeFi use adds risks from the separate application, including contract vulnerabilities and liquidation rules. A token’s on-chain transferability does not remove these risks or guarantee redemption, market access, or principal protection.

DEJTRSY can be held in a wallet that supports the token on the relevant network. A self-custody wallet gives the holder control of its private keys, but losing the recovery phrase or signing a malicious transaction can result in permanent loss. Check that the wallet supports the exact network and token contract; a wallet display or token name alone is not enough to verify an asset.

If using a centralized platform or a DeFi application, the holder also takes on the risks and rules of that service. Check its supported networks, deposit and withdrawal conditions, and any eligibility requirements before transferring tokens. Bridging adds another technical dependency, and sending DEJTRSY to an unsupported address or chain can make recovery impossible. Keep recovery details offline and private, and never share a seed phrase or private key with anyone claiming to provide support.