Upvotes
2,646
Views
24,818
Score
100
Rank Score
#1
Rank Upvote
#61
Rewards
26.46M CC
as of 22 Jun 2026 · ~$2.74M at today's price
Nodes
1
Rank Rewards
#38
as of 22 Jun 2026
Upvotes
2,646
Views
24,818
Score
100
Rank Score
#1
Rank Upvote
#61
Rewards
26.46M CC
as of 22 Jun 2026 · ~$2.74M at today's price
Nodes
1
Rank Rewards
#38
as of 22 Jun 2026
Algorithm Analysis: Alpend
Alpend shows strong substance: a live Canton DeFi product, named founders, legal entity, Halborn audit, Draper VC backing, and meaningful on-chain activity via a featured app with 21.2M CC rewards. Documentation and transparency are solid, though entity type, regulatory status, and explicit adoption metrics are not listed. It is a credible institutional credit infrastructure project with high activity and clear room to mature further.
Last analyzed: Sep 25, 2026
Alpend on Canton
Credit infrastructure suite on Canton: a confidential money market plus Alpend-1, a vault that locks CC to mint ONE, a $1-pegged CC-backed stable unit. Private, deterministic, institutional.
About Alpend
Alpend is a credit infrastructure suite on the Canton Network, built for institutional participants. It pairs two protocols: Alpend Market, a confidential money market where participants supply assets to earn yield or borrow against collateral; and Alpend-1, a vault protocol that locks Canton Coin (CC) as collateral to mint ONE, a CC-backed debt instrument geared to $1 that circulates as a stable unit of account across Canton DeFi. Positions are private by default through Canton selective-disclosure, settlement is deterministic on-chain, and protocol logic runs through transparent, auditable contracts. Backed by Draper VC.
Features
What the product does
Alpend Market
A confidential money market on Canton: supply assets to earn yield or borrow against posted collateral, with positions private by default and deterministic on-chain settlement.
Alpend-1 / ONE
A vault protocol that locks Canton Coin as collateral to mint ONE, a CC-backed debt instrument geared to $1 that circulates as a stable unit of account in Canton DeFi.
Private by design
Balances, positions, and counterparties are visible only to authorized participants via Canton selective-disclosure privacy model.
Built for institutions
Designed for funds, desks, and protocol operators that require privacy, auditability, and predictable execution.
Alpend On-chain
Validator nodes + featured apps linked to this project
Lifetime totals as of 22 Jun 2026 (round 101,404)
Alpend FAQ
Connected Projects
Alpend is a Featured App on the Canton Network and a General Member of the Canton Foundation, placing it alongside DTCC, Euroclear, BNP Paribas, HSBC and other institutional members. The ecosystem directory tags Alpend across Market Infrastructure, Financing, Liquidity, and Tokenized Assets. Backers are described as "leading crypto-native investors and strategic ecosystem partners," with Draper VC consistently surfaced in external references; specific round size and lead investor are not publicly disclosed. Alpend's privacy and deterministic-execution design directly leverages Canton's native confidentiality model (sub-transaction privacy via Daml), positioning the protocol as institutional-grade credit rails inside the Canton ecosystem rather than a public-mempool DeFi clone.
Latest on Alpend
Recent Canton Network coverage mentioning this project
- USDXLR expands stablecoin lending and trading on Canton16 Oct 2026 · cantonnews.org
- Canton today: Alpend’s October 20 deadline, Kora’s $150 million milestone and six more updates15 Oct 2026 · cantonnews.org
- Canton today: Alpend’s yield listing, Kora’s $150 million milestone and six more updates15 Oct 2026 · cantonnews.org
- Canton today: Alpend’s deadline, Canborsa lending and four more updates13 Oct 2026 · cantonnews.org
- Canton weekly recap: Lloyds, Visa, LSEG and Korea's biggest banks5 Oct 2026 · cantonnews.org





