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.
- The Currency Analytics
Canary Capital Introduces Groundbreaking Staked TRX ETF for U.S. Investors
Canary Capital just dropped something genuinely new.
- Crypto Briefing
Canary Staked TRX ETF launches as first US spot TRX fund with built-in staking
The launch of the TRX ETF with staking could drive institutional interest in crypto, enhancing market liquidity and mainstream adoption. Canary Staked TRX ETF launches as first US…
- Tokenpost
Canary Staked TRX ETF Launches on Cboe as TRON Rises
Canary Capital is launching its Staked TRX ETF on September 9, giving U.S. investors regulated exposure to TRON (TRX) alongside staking rewards. The fund will trade on the Cboe…
- Crypto Daily
Canary Staked TRX ETF Launches in US Under TRXS Ticker
Canary's TRXS ETF launched in the US on Sept. 9, offering TRX exposure and a plan to stake at least 90% of holdings in normal conditions.
- Blockonomi
Canary Capital Debuts First U.S. Staked Tron (TRX) ETF with Built-In Rewards
On Wednesday, September 9, Canary Capital officially commenced trading for its Canary Staked TRX ETF on the Cboe exchange, operating under the TRXS ticker. This marks a milestone…
- Crypto news
Canary Capital launches first staked TRON ETF in the US
The Canary Staked TRX ETF has begun its U.S. market debut under the ticker TRXS, giving investors exposure to TRON's native token while incorporating rewards earned from staking.
- Crypto Economy
Justin Sun Highlights Canary Staked TRX ETF Ahead of Wednesday BZX Debut
Canary Capital's Canary Staked TRX ETF is expected to begin trading on Cboe BZX on September 9 under the ticker TRXS. The fund provides regulated U.S. brokerage access to TRX…
- Crypto Briefing
Canary Capital's staked Tron ETF to list on Cboe September 9
The launch of TRXS may set a precedent for integrating staking in US crypto ETFs, potentially reshaping the ETF landscape significantly. Canary Capital's staked Tron ETF to list…
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.
Other Dexs protocols
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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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