The Depository Trust & Clearing Corporation has integrated $6 trillion in U.S. Treasuries onto the Canton Network, enabling on-chain tokenization and settlement for DTC-custodied assets. The network now processes $350 billion in daily Treasury activity, with Broadridge managing the RWA operations.
Lighter's LIT token launch targets Hyperliquid's perpetual futures market leadership. Lighter generated $8.5 million in fees over 30 days versus Hyperliquid's $66.8 million in the same period. Open interest on Lighter stands at $1.45 billion compared to Hyperliquid's $7.44 billion, though market participants priced Lighter's token generation event at a valuation multiple matching Hyperliquid's, signaling confidence in the challenger's growth trajectory.
The Canton deployment reflects accelerating institutional adoption of on-chain RWA infrastructure. Tokenizing high-value traditional assets on regulated networks expands blockchain's utility for settlement efficiency and opens pathways for institutional capital in DeFi.
