Performances
RD Popularity Index
RD Growth Index
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.53% | 41.15% | 54.31% | 74.38% | 200.63% | 27.41% |
Comparison
Tokenomics
Unlock Progress
Top Holders
| Address | Token | Quantity | Percentage | Value |
|---|---|---|---|---|
| 0x9d63...8765 |   CANTO | 4,326,633.23 | 0.43% | $3.66K |
| 0xc977...8931 | CANTO | 925,000 | 0.09% | $783.34 |
| 0xb151...948b | CANTO | 876,510.71 | 0.09% | $742.28 |
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About Canto
Canto is a Cosmos SDK Layer 1 that provides a decentralised exchange, a lending market and the NOTE stablecoin as free public infrastructure, with no protocol fees and parameters set by validators and token holders. Components include an AMM in the Cyclone line, a lending module and an interest-anchored NOTE; CANTO is used for staking and governance, and the network once ran a contract security leasing mechanism that returned part of the fees to developers. It targets base DeFi layers elsewhere that rent-seek and stack costs on developers and users.
A public-goods design can attract liquidity quickly during a subsidy phase, but it also means the protocol earns nothing to fund long-term development and security. In 2026 Canto announced no major upgrade or partnership, on-chain liquidity sits at a low level, the token is roughly 99% below its peak with a market value in the low millions, and the team remains anonymous with no hard cap on issuance. Low fees still appeal, but thin liquidity and exit depth are the more practical risks, and large deposits should weigh slippage first.
Canto, a Cosmos-based Layer 1 blockchain launched in August 2022, aimed to provide free public infrastructure for DeFi. It initially planned to migrate to Ethereum as a ZK L2 via Polygon CDK, but later reversed this decision. In 2024, Canto shifted its strategic focus to support Berachain, a significant pivot in its roadmap. However, the network faced a major outage in August 2024 due to a consensus issue, halting block production. The team implemented an upgrade, but block production halted again due to unforeseen secondary effects. These events highlight Canto's evolving strategy and technical challenges, marking key milestones in its development.
In August 2026, the Canto network completed the Callisto upgrade (locked on August 9 at 14:30 UTC) and then experienced a consensus-related outage lasting about 33 hours (starting August 11). During the outage, CantoScan showed no new transactions, with the last transaction occurring at 2:29 AM on August 11. The team announced on August 12 that it would perform an upgrade to resolve the issue, emphasizing that all funds are safe.
The team confirmed the outage on official social media, attributing it to a "consensus issue," but provided no other details, nor did it clarify whether the Callisto upgrade was successfully implemented or related to the outage. The team stated that all funds are safe and that users would be able to access all activities normally once the chain recovers. As of August 17, Canto had not disclosed further technical details. This incident is the most notable public development for Canto in the past six months.
Canto is run anonymously by a loosely organized collective of DeFi advocates ('contributors'), with no formal foundation or founder token allocation.
Scott Lewis — Co-founder of DeFi Pulse and Slingshot Crypto; core contributor and leader.
The Plex team builds the network frontend and Free Public Infrastructure; Slingshot Crypto and NeoBase are key contributors.