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Cashen

Cashen

Live
DeFi72

Bilateral marketplace for locked Canton Coin (CC) delegations

Upvotes

69,049

Views

137,066

Score

72

Rank Score

#209

Rank Upvote

#3

Rewards

58.1K CC

as of 22 Jun 2026 · ~$6.0K at today's price

Nodes

1

Rank Rewards

#270

as of 22 Jun 2026

Algorithm Analysis: Cashen

72/100
Activity56/100
Maturity51/100
Community52/100
Transparency52/100
Documentation44/100

Cashen is a live institutional marketplace for locked CC delegations with credible backing from Ergonia/DRW and BitGo, a named team, and a clear corporate identity. It shows on-chain commitment through a Canton validator and a working app, but the absence of public documentation, funding/launch details, and larger on-chain rewards leaves room for further evidence of adoption and scale.

Last analyzed: Aug 17, 2026

OverviewFeaturesTeamOn-chainFAQConnectedNewsRelated

Cashen on Canton

Canton Foundation member, backed by Ergonia (a Cumberland / DRW company). Bilateral marketplace for locked CC delegations powering CIP-116 Featured App and SV locks on Canton.

About Cashen

Cashen is an institutional, bilateral marketplace for locked Canton Coin (CC) delegations. Suppliers earn fixed yield by locking and delegating their CC while keeping full custody and no principal credit risk, and can recall their CC when needed. Super Validators and Featured Apps get the locked CC they need to meet Canton governance requirements (CIP-105 for Super Validator locking, CIP-116 for Featured App locking), with terms negotiated bilaterally and settled on-chain. Cashen is a member of the Canton Foundation, backed by Ergonia (a Cumberland / DRW company), with custody support from BitGo.

Features

What the product does

Marketplace

Browse the credit marketplace: every Canton Coin listing in one order book, act in a click.

Listings

Post a listing in seconds: set amount, APR, lock period, breach rate and recall notice, then publish instantly.

Deals

Track and settle every deal, from proposal to on-chain settlement.

Dashboard

Real-time yield and positions: watch interest stream by the second and monitor every deal and proposal.

Non-custodial locks

Suppliers earn yield while keeping full custody, with no principal credit risk, and can recall their CC.

Bilateral negotiation

Each deal has its amount, fixed APR, lock period, breach rate and recall notice negotiated and fixed at origination.

Substitution and continuity

Lock substitution protects the continuity of a Featured App or Super Validator lock and tier.

Cashen Team

LF

Luke Farrell

CEO

HP

Henry Platt

Core Team

PC

Pat Cedrowski

CTO

Cashen On-chain

Validator nodes + featured apps linked to this project
Lifetime totals as of 22 Jun 2026 (round 101,404)

1 Validator
waybridg…8741af
58.1K CC~$6.0K at today's price
Total rewards
58.1K CC
~$6.0K at today's price

Cashen FAQ

Cashen is an institutional marketplace for locked Canton Coin delegations. CC holders earn fixed yield by delegating to Super Validators and Featured Applications that need CC to back their participation in the Canton Network. Counterparties get access after clearing Cashen's KYB checks and signing its Network Participation Agreement.
Each deal is bilaterally negotiated and fixed at origination. Terms include the CC amount, fixed APR, minimum lock period, recall notice period, and a breach rate that applies if a recall is not resolved in time. Deals are posted to the marketplace and can be amended in real time.
Interest accrues per Canton Network round (approximately every 10 minutes) and is settled monthly via off-platform invoice, with fully onchain settlement coming in Phase 2. Live accruals are visible on your dashboard at all times. Cashen's platform fee (10% of interest) is paid out of the supplier side; Featured Apps only pay the deal APR.
Ergonia

Connected Projects

1

Canton Foundation

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