Canton

Canton is a Layer 1 blockchain that classifies itself as a smart contract platform with privacy features, and CC is its native utility token. The project states it was designed to reward real network usage rather than speculation, directing rewards toward application builders, application users, and those running decentralised infrastructure. In that framing, the problem it claims to address is a misalignment of incentives in typical blockchain token models, where rewards flow primarily to miners or early investors rather than active participants.

Canton is categorised as a Layer 1 blockchain with privacy capabilities, but the data stored here does not include details about its consensus algorithm, and its recorded block time is zero minutes, so a precise mechanical description of block production cannot be given. CC tokens function as the utility token inside the network, intended to compensate the parties who generate activity on the chain. No maximum supply is recorded, and the entire circulating supply of 39,425,999,460 CC is noted as fully issued, with zero dilution overhang and no supply pending.

The protocol recorded fees of 1,905,516 USD in the most recent 24-hour period, 46,835,196 USD over the trailing 30 days, and 566,507,938 USD over the trailing 12 months, with fees annualised from the 30-day figure standing at 569,828,218 USD. The take rate is recorded at 100 percent over the trailing 30 days, meaning the protocol retains all fees collected and supply-side revenue — the portion that would typically flow to liquidity providers or validators — is recorded as zero for the same period. Fee growth over the last 30 days stands at 8.14 percent. Against a market capitalisation of 4,568,779,902 USD, the market-cap-to-fees ratio is 8.02, and the fee yield expressed as annualised fees divided by market capitalisation is 12.47 percent.