Canary
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Protocol TVL
About Canary
Canary Exchange is a decentralized exchange (DEX) which runs on Avalanche and Scroll, the most promising and the fastest blockchain!
Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.
Canary tokenomics and on-chain capital
A further $13.1K sits in the protocol's native staking modules — these deposits are typically locked, vote-bonded, or earning a share of fees, and they reduce the freely circulating float that can hit the market.
Market cap and supply figures are sourced from DeFiLlama's price feed (which reconciles CoinGecko, CoinMarketCap, and on-chain DEX prices). Treasury and staking values reflect on-chain balances controlled by the protocol at last sync.
Protocol Profile
Canary is a DEX — a decentralised exchange where users swap assets against on-chain liquidity pools rather than a central order book. It is deployed across 2 chains, including Avalanche, Scroll.
TVL Distribution by Chain
TVL spans 4 chains across the deployment. See the breakdown below for per-chain values.
Supported Chains
Protocol Footprint
Canary operates on 2 networks (Avalanche, Scroll), keeping its surface area narrower than chain-agnostic peers. Roughly 100% of its on-chain value sits on just three networks (Avalanche, Avalanche-staking, staking), so a fault on any one of them would affect a large slice of users.
Official Resources & Links
Verified external resources for Canary — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.
Other DEX protocols on Mantapex
Canary is one of 7 DEX protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Curve DEX, Uniswap V3, PancakeSwap AMM, and 3 more. These peer protocols collectively secure $8B in deposits, giving you a frame of reference for whether Canary's own TVL is at the top, middle, or tail of the category.
Recent Canary news
Latest reporting from major crypto news outlets covering Canary.
- Crypto news
Canary Capital teases staked TRX ETF launch
Canary Capital says its staked TRX ETF is coming soon, while its latest SEC filing details the TRXS ticker, fees, custody and staking.
- CoinPedia
Ripple News: Canary Capital CEO Says XRP Will Win the Race for Financial Rails
Canary Capital CEO Steven McClurg said he expects XRP to emerge as the leading protocol for institutional financial infrastructure, pointing to newly announced lending plans on…
- NewsBTC
Canary Files Fourth Staked TRX ETF Amendment With 1.10% Fee
Canary Files Fourth Staked TRX ETF Amendment With 1.10% Fee - Read the full analysis.
- Coingape
Canary Staked TRX ETF Discloses Fees, Staking & Details Ahead of Launch
Canary Capital has updated its S-1 form for Staked TRX ETF with the US SEC, revealing fees and other key details ahead of potential launch in coming weeks. TRX, the native token…
- Crypto news
Canary XRP ETF assets fall despite $82M share activity
Canary's XRP ETF lost $81.6 million in net assets as $159.7 million of unrealized XRP depreciation outweighed share growth.
- AMBCrypto
Canary Capital revives HBAR crypto ETF push – Can tokenization restore demand?
In the past 60 days, the spot HBAR ETF has been dominated with zero demand
- Crypto news
Canary HBAR ETF holds $47.8M after Nasdaq launch
Canary renewed its HBR push as the first U.S. spot HBAR ETF held 704.3 million tokens and $47.8 million in net assets on July 30.
- Crypto news
Canary HBAR ETF sees biggest inflow since May as Hedera stays in focus
Canary's HBAR ETF drew $989K on July 2, its biggest inflow since May 15, as Hedera trades near $0.075 with weak price action.
Related protocols
Other DeFi protocols connected to Canary by category, deployment chain, or shared codebase lineage — useful for comparing TVL, fee models, or audit posture across direct peers.
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Risk Warning
DeFi protocols carry inherent risks including smart contract vulnerabilities, liquidity risks, and potential loss of funds. Always do your own research before investing.
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