Logo of CanopyCanopy
Total Value Locked$1.13m

TVL by Chain

Movement$1.13m

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.

WebsiteTwitter
Category:Yield Aggregator

Audits:

Methodology

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

Competitors

CIAN Yield Layer ($274.45m)Yearn Finance ($183.99m)Fluid Lite ($178.31m)Beefy ($111.82m)Vesper ($72.04m)Fusion by IPOR ($61.87m)Kinetiq Earn ($58.64m)Lulo ($53.14m)Meteora vaults ($51.5m)YO Protocol ($37.11m)

Frequently Asked Questions

What is Canopy's TVL?

Canopy currently has $1.13m in total value locked. TVL has increased 22.6% 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 #40 by TVL. The category holds $1.337b across 195 protocols, and Canopy accounts for 0.1% of that total. Other leading protocols include CIAN Yield Layer, Yearn Finance, Fluid Lite, Beefy, Vesper, Fusion by IPOR, Kinetiq Earn, Lulo, Meteora vaults, and YO Protocol.