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Updated 07:48 PM UTC

CNPY Canopy Finance

$0.2216

$0.0014

(0.43%)

Today

Mkt Cap$25.17M

Vol16.8M

About Canopy Finance

Canopy (CNPY) is Web3 infrastructure built for an era in which AI is rapidly accelerating software development. Its central premise is straightforward: AI has transformed how quickly software can be created, but blockchain infrastructure has failed to evolve at the same pace. Developers can now prototype, iterate, and launch products faster than ever. In Web3, however, the underlying infrastructure continues to slow them down. Smart contracts are immutable and expensive to migrate. Rollups can restrict programming languages and shift value away from application teams. Legacy Layer 1 networks rely on codebases and development workflows created before modern AI tools, while every new blockchain must still bootstrap security, liquidity, and users from scratch. Canopy addresses these challenges with a full-stack platform for launching sovereign blockchains—essentially, the Replit of Web3.

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Canopy Ships Banyan Protocol Upgrade Live, With No Downtime

Canopy has announced it completed its first named protocol upgrade, Banyan (v2.0), live and with no downtime. The company, which builds a framework for launching onchain apps and sovereign blockchains, ran a network-wide consensus change through its Canopy Auto Update feature. Th...

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