DTCC Brings DTC Treasuries to Canton Network; Lighter LIT

DTCC Brings DTC Treasuries to Canton Network; Lighter LIT Mirrors Hyperliquid Fees

The DTCC enables on-chain Treasury settlement via Canton Network infrastructure designed for up to $6 trillion in tokenized securities, while Lighter launches LIT trading with a fee model matching Hyperliquid's perpetual futures structure.

The On-Chain Desk

Gokhshtein Media

November 14, 2026

3 min read

The Depository Trust & Clearing Corporation (DTCC) is deploying the Canton Network to bring DTC-custodied U.S. Treasuries on-chain. The network is engineered to support up to $6 trillion in tokenized securities, establishing direct infrastructure for sovereign debt settlement between traditional finance and blockchain rails.

DTCC's subsidiary, Depository Trust Company (DTC), custodies trillions in daily securities transactions. Migrating Treasury issuance to Canton represents a structural shift—settling and clearing core government debt through a distributed ledger rather than traditional post-trade infrastructure. The move signals institutional appetite for blockchain-native settlement of RWAs at scale.

Separately, Lighter launched trading on its LIT product with fees matching Hyperliquid's perpetuals model. Hyperliquid, a dedicated Layer 1 for perpetual futures, commands deep on-chain liquidity through its fee efficiency and low-latency matching engine. Lighter's fee parity targets similar merchant activity and maker-taker dynamics to compete for volume in the high-frequency derivatives segment.