Canopy
CNPY
A recursive blockchain framework that lets applications become independent chains
Performances
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 5.61% | 26.22% | 81.85% | -- | -- | -- |
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Fundraising not disclosed
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This content is generated by RD AI and is for reference only
Canopy is a recursive blockchain framework and the Canopy blockchain network serving as its security root. Developers can use the Canopy Stack to launch application-specific Nested Chains as easily as deploying a smart contract, receiving consensus, validation, and security services by staking CNPY, and gradually maturing into independent L0 chains. Chains use one-way permissionless interoperability, support trustless token swaps and modular side-chains, forming a recursive network where applications bootstrap each other.
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About Canopy
Canopy, an AI-native Layer 1 development framework, has progressed through several significant milestones. In early 2025, it completed a private testnet, recording nearly 27,000 chain deployments within the first 12 days, demonstrating strong early builder adoption. This was followed by a public testnet launch on February 12, expanding access to a wider developer community. The project raised $8.5 million in seed funding, with participation from Arrington Capital, Fenbushi Capital, and Borderless Capital, to accelerate mainnet development and AI-native tooling. A strategic acquisition of Tanssi's infrastructure technology integrated proven, production-tested components, shortening the timeline to mainnet. The testnet metrics grew to over 331,000 launches, reflecting sustained demand. Canopy's long-term vision centers on a fully integrated environment where non-technical founders can create, deploy, and upgrade applications without leaving the platform, with mainnet launch as the near-term focus.
Adam Liposky (Co-Founder & CEO): Formerly founded NachoNodes (acquired by DLTx ASA), served as Head of Ecosystem at Moonbeam Foundation, and led ecosystem growth at Pocket Network. He brings deep experience in scaling Web3 infrastructure.
Andrew Nguyen (CTO & Co-Founder): Previously wrote most of Pocket Network's core protocol codebase, worked on early Ethereum NFT marketplaces, L1 projects in Latin America, and defense-grade blockchain solutions. He focuses on protocol engineering and shared security design.