The Canton Network has processed $6 trillion in real-world assets as of Q4 2025. The network currently manages approximately $350 billion in daily U.S. Treasury activity.
The Depository Trust & Clearing Corporation selected Canton to support RWA tokenization. The initial rollout will allow a subset of U.S. Treasuries held at DTCC's depository to be issued on Canton, pending SEC approval.
DTCC clears roughly $10 trillion in securities transactions daily. Moving to on-chain settlement could compress the cycle from T+2 to near real-time, freeing capital within existing market infrastructure.
Broadridge Financial Solutions already uses Canton for its Distributed Ledger Repo platform, which processes over $8 trillion per month in repo transactions.
A partnership with Nasdaq connects Canton to Nasdaq Calypso, enabling automated margin and collateral management and allowing institutions to move and reuse capital across traditional and digital assets.
Canton's Global Synchronizer coordinates cross-institution transactions, with fees paid in its native CC token. Those CC tokens are burned as network activity increases, tying usage directly to tokenomics.
Over the past 20 days, the network burned a median of 6.71 million CC tokens daily—equivalent to approximately $627,000 per day, with peak periods reaching between $750,000 and $850,000 daily.
Since Nov. 2025, Canton has averaged around 28,500 daily active users and 678,300 daily transactions.
In the decentralized derivatives market, Lighter's LIT token launched with trading metrics drawing comparisons to Hyperliquid, the Layer 1 perpetual futures exchange.
Lighter recorded $8.5 million in 30-day fees. Hyperliquid generated $66.8 million over the same period.
Lighter's open interest stands at $1.45 billion. Hyperliquid carries $7.44 billion.
