Alpha Token

Janus Vault

Omega Token

Mint and redeem Alpha (Risk) and Omega (Senior) tokens.
Learn more about Janus's dual-token system in the Learn Section.

50% Alpha / 50% Omega
More Risk (Alpha)More Senior (Omega)
⚠️ Omega capped at 83% by Seniority Guardrail (θ = 1.2)

The Dual Tranche System

Janus separates collateral into two distinct tranches:

Alpha (α): The risk-absorbing junior tranche. It effectively provides leverage on the underlying collateral's performance.

Omega (ω): The senior tranche. Lower volatility than shorting, prioritized for redemption, and designed to appreciate over time.