Developers can use Canopy to build OTC launchpads, treasury markets, private allocations, block auctions, and tokenized forward markets.
They can also create net-new DeFi products around transferable, fully collateralized claims.
Block trading with Canopy is now an onchain primitive.
We will soon open source our smart contracts and architecture on our Github.
https://t.co/OzmjTmDeDc
Robinhood Chain is bringing native tokenized stocks and ETFs into DeFi, including assets like $NVDA and $TSLA.
These tokens are new building blocks for an open financial system.
Canopy makes them tradeable through fully collateralized block markets.
https://t.co/4KvfvRHsNF
Opened a tiny $CAN block market on Canopy.
5M $CAN offered at a fixed price in USDG, fully collateralized and fillable onchain in any size.
A simple live example of what block offers look like on @RobinhoodCrypto.
https://t.co/PPpIrANzsH
Canopy makes large onchain trades programmable.
Sellers escrow the full block upfront. Buyers fill all or part of it at a fixed price. Spot trades settle instantly, while forward trades mint transferable claims redeemable at maturity.
Trade tokenized stocks and other onchain assets without moving the public markets.
Fully collateralized. No AMM slippage. No counterparty risk.
https://t.co/Uumh3aU1oQ
Canopy is a fully collateralized block trading protocol on Robinhood Chain.
It enables large spot trades and tokenized forwards to settle directly onchain without relying on liquidity pools, brokers, or trusted intermediaries.
Every offer is backed before execution, while deferred positions become transferable claims that can be traded or redeemed at maturity.
Trade or bootstrap tokenized stocks, stablecoins, RWAs, AI related tokens, and more OTC using Canopy.
Our official ecosystem token has been deployed with @bankrbot.
$CAN:
0x847ca930a311ba3b8bed6454e9fde39a90fbdba3