Ask about Canopy
Logo of Canopy

Canopy

Total Value Locked$1.15m

TVL by Chain

Movement$1.15m

Key Metrics

Total Raised$9.7m

Jan 29, 2025$1.2mRound: StrategicInvestors: Mechanism Capital, CitizenX, Primitive Ventures, Side Door Ventures, GSR

Jun 25, 2026$8.5mRound: SeedInvestors: Arrington Capital, Fenbushi Capital, SNZ Holding, Borderless Capital

Protocol Information

Canopy is a yield aggregation platform that simplifies liquidity deployment into the Movement Network.

WebsiteX/Twitter
Category:Yield Aggregator

Audits:

Methodology

TVL: Aggregates TVL for Canopy protocol.View code on GitHub

Competitors

CIAN Yield Layer ($310.06m)Fluid Lite ($214.34m)Yearn Finance ($198.31m)Beefy ($111.87m)Vesper ($89.91m)Meteora vaults ($53.38m)Kinetiq Earn ($40.23m)vfat.io ($37.21m)YO Protocol ($34.74m)Lulo ($33.69m)

Frequently Asked Questions

What is Canopy's TVL?

Canopy currently has $1.15m in total value locked. TVL has increased 0.5% over the past 30 days.

What chains does Canopy operate on?

Canopy operates on Movement. Movement holds the largest share at 100%.

How does Canopy's TVL compare to similar protocols?

Among Yield Aggregator protocols tracked by DefiLlama, Canopy ranks #34 by TVL. The category holds $1.331b across 189 protocols, and Canopy accounts for 0.1% of that total. Other leading protocols include CIAN Yield Layer, Fluid Lite, Yearn Finance, Beefy, Vesper, Meteora vaults, Kinetiq Earn, vfat.io, YO Protocol, and Lulo.