CANA Holdings California Carbon Credits

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

DeFiLlama publishes the exact rules used to aggregate on-chain balances into the headline TVL figure shown on this page. The methodology below is the team's own source-of-truth description.

TVL is calculated by multiplying the circulating supply of CANA tokens (total supply minus authorized issuer balance) by their NAV price (in USDT terms). CANA represents tokenized California compliance carbon credits.

If a contract or vault isn't in this list, its balance does not contribute to the TVL displayed on Mantapex or DeFiLlama.

CANA Holdings California Carbon Credits's governance or utility token carries a market capitalisation of 924,7 mil US$ based on circulating supply at the latest DeFiLlama snapshot. Token market cap (924,7 mil US$) and TVL (924,7 mil US$) trade close together, giving a mcap/TVL multiple of 1.00× — broadly the range market participants treat as "fair" for an established DeFi protocol.

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.

Eventos importantes señalados por la comunidad de DeFiLlama — lanzamientos del protocolo, exploits, cambios de gobernanza y programas de incentivos.

1. Sep 3, 2025
   Listado en DeFiLlama
2. Jul 10, 2025
   First Token Issuance

CANA Holdings California Carbon Credits operates in the RWA category of DeFi. It is deployed on Ethereum. The codebase has been independently audited (1 report on file). DeFiLlama tracks 1 historical event for this protocol since 2025.

CANA Holdings California Carbon Credits is a single-chain protocol, deployed exclusively on Ethereum — this concentrates execution risk but simplifies the trust model. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts. Token market cap (924,7 mil US$) and TVL (924,7 mil US$) trade at a ratio of 1.00, in the range generally considered normal for an established DeFi protocol.

Verified external resources for CANA Holdings California Carbon Credits — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

CANA Holdings California Carbon Credits is one of 7 RWA protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Tether Gold, BlackRock BUIDL, Paxos Gold, and 3 more. These peer protocols collectively secure 14,3 mil M US$ in deposits, giving you a frame of reference for whether CANA Holdings California Carbon Credits's own TVL is at the top, middle, or tail of the category.

Tether Gold

TVL 3569,1 M US$ · 24h -0.43%

BlackRock BUIDL

TVL 2542,1 M US$ · 24h +0.43%

Paxos Gold

TVL 2496,6 M US$ · 24h -0.60%

Circle USYC

TVL 2368 M US$ · 24h +4.42%

Ondo Yield Assets

TVL 2037,1 M US$ · 24h -0.67%

Centrifuge Protocol

TVL 1294,1 M US$ · 24h +4.07%