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Built on Canton

Confidential Creditfor Institutional Finance.

Private, compliant lending markets built natively on Canton. Designed for institutions that require real privacy, real credit, and real infrastructure.

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Confidential CreditBuilt on CantonDAML Privacy LayerSupervalidatorsCCIsolated MarketsCompliant by DesignInstitutional GradePrivacy at Protocol LayerSecLendConfidential CreditBuilt on CantonDAML Privacy LayerSupervalidatorsCCIsolated MarketsCompliant by DesignInstitutional GradePrivacy at Protocol LayerSecLend
Why Now

Canton Is Having Its Institutional Moment

Finance is experiencing a fundamental shift. After years of experimentation with public blockchains, sophisticated financial institutions are finally finding an infrastructure layer they can trust with real balance sheets.

Canton represents this inflection point. Unlike public chains where privacy is an afterthought and compliance is retrofitted, Canton was architected from day one for regulated financial workflows.

The compliance conversation starts with yes, not maybe.

Privacy is not a workaround here. It is the architecture.

Stone terraces
The Problem

Why Credit Is the Missing Primitive

Every mature financial system consolidates around a single mechanism: credit markets. This is not coincidence — it is structural necessity.

01

Assets Want Leverage

Capital efficiency requires sizing positions beyond cash holdings. Without credit, markets remain permanently constrained.

02

Treasuries Want Yield

Institutional allocators cannot justify holding idle assets. Lending markets provide productive deployment without forcing divestment.

03

Institutions Need Discretion

Public DeFi credit leaks strategy. Transparent positions enable front-running and competitive intelligence gathering.

04

Markets Need Efficiency

Fragmented liquidity across isolated protocols creates friction. Credit should consolidate, not fragment.

05

Counterparties Need Verification

Institutional finance demands permissioned access and known participants — not anonymous, pseudonymous exposure.

Institutions cannot size positions transparently. Strategy leaks. Lending fragments across chains.

You cannot have institutional finance without confidential credit.

The Solution

Three Foundational Pillars

A self-reinforcing architecture that grows stronger as the network matures.

Cliff house close
I

Compliant Privacy

DAML-native confidentiality enforced at the language layer, not bolted on as an afterthought. Privacy violations are type errors, not runtime exploits.

01
Cave columns
II

Institutional Credit

Professional-grade composable collateral designed for real balance sheets and regulated workflows. Isolated markets with clean risk segmentation per asset.

02
Cliff house pool
III

Yield Bearing Assets

Cenote Staked CC (sCC) powered by Super Validator rewards, creating enhanced financial collateral that feeds directly into lending markets.

03
sCC

Staking and Lending Should Reinforce Each Other

Traditional DeFi separates staking from lending — two isolated economies competing for capital. Cenote proposes a different architecture.

01

Operate Supervalidator

Cenote runs high-performance Canton validation infrastructure, earning network rewards in CC.

02

Redirect ~80% of Rewards

The substantial majority of validator earnings flow into a dedicated sCC pool.

03

Create sCC Yield Asset

sCC becomes a yield-bearing representation of staked CC, usable as lending collateral.

04

Power Lending Markets

sCC serves as foundational liquidity, catalyzing credit markets and network activity.

sCC turns network security into usable financial collateral.

Not liquid staking. Not rebasing gimmicks. Native yield routed directly into the application layer.

Cliff house over rocks
The Flywheel

The Network Growth Loop

A self-reinforcing loop: validator rewards become collateral, collateral attracts markets, markets drive more rewards.

DEEP LIQUIDITY
  1. 01

    Supervalidator earns CC

  2. 02

    sCC deposited as collateral

  3. 03

    High-quality collateral draws funding

  4. 04

    More markets drive rewards

  5. 05

    RWAs attract tokenized assets

Staking feeds lending. Lending feeds the network.

Cliff house over turquoise pool
The Protocol

Built Different

On public chains, lending fragments. On Canton, it can consolidate around a single, institution-grade protocol that everyone trusts.

Language-Layer Privacy

Canton was built with DAML, where privacy and permissioning are first-class primitives. Cenote inherits this by design — confidentiality is enforced at the contract level. Privacy violations are type errors, not runtime exploits.

Isolated Markets, Governed Access

Each market defines its own collateral set, interest rate model, and liquidation logic. Participation is permissioned — no anonymous counterparties. Markets operate independently, preventing contagion.

Privacy-Preserving Liquidations

Individual positions remain private. Liquidators interact with aggregate risk bands, not individual strategies. The system reveals only what is necessary for safety.

Cenote pool at night
Canton grows when Cenote grows

Built for institutions that require real privacy, real credit, and real infrastructure.

Built in collaboration with Digital Asset and the Canton Foundation.

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