---
title: "Alpend Crosses $3 Million TVL as Credit Protocol Gains Momentum on Canton Network"
description: "Alpend has crossed $3 million in total value locked on Canton Network, reaching the milestone three days after crossing $2 million, as the credit protocol's lending and borrowing markets continue to attract inflows."
url: "https://cantonnews.org/alpend-crosses-3-million-tvl-as-credit-protocol-gains-momentum-on-canton-network"
canonical: "https://cantonnews.org/alpend-crosses-3-million-tvl-as-credit-protocol-gains-momentum-on-canton-network"
markdown_url: "https://cantonnews.org/alpend-crosses-3-million-tvl-as-credit-protocol-gains-momentum-on-canton-network.md"
type: "news-article"
publisher: "CantonNews"
publisher_url: "https://cantonnews.org"
author: "CantonNews"
author_url: "https://cantonnews.org/author/cantonnews"
author_type: "organization"
date_published: "2026-09-26T19:12:20.578Z"
category: ["ECOSYSTEM"]
image: "https://pnyaxwohgkgczwuvbaqg.supabase.co/storage/v1/object/public/article-images/articles/studio-1790449892648.jpg"
read_time_minutes: 3
language: "en"
---

# Alpend Crosses $3 Million TVL as Credit Protocol Gains Momentum on Canton Network

**By [CantonNews](https://cantonnews.org/author/cantonnews), Editorial Team** · Published 26 September 2026 · ECOSYSTEM

> Alpend has crossed $3 million in total value locked on Canton Network, reaching the milestone three days after crossing $2 million, as the credit protocol's lending and borrowing markets continue to attract inflows.

![Alpend Crosses $3 Million TVL as Credit Protocol Gains Momentum on Canton Network](https://pnyaxwohgkgczwuvbaqg.supabase.co/storage/v1/object/public/article-images/articles/studio-1790449892648.jpg)

[Alpend](https://cantonnews.org/projects/alpend), the credit protocol built on Canton Network by Palladium Labs, has crossed **$3 million in total value locked**, reaching the milestone just three days after crossing $2 million. The pace of growth suggests accelerating inflows as the protocol expands its lending and borrowing markets on Canton.

The TVL milestone reflects early but meaningful traction for a protocol that only recently completed its smart contract audit with Halborn Security and is still in the early stages of its mainnet deployment. The rapid succession of milestones, $1 million, $2 million, and now $3 million within a short window, points to genuine liquidity demand rather than a one-time deposit event.

Alpend is designed as a native credit layer for the Canton ecosystem, allowing users to supply assets and borrow against collateral within Canton's privacy-preserving architecture. As the Canton ecosystem continues to expand with new applications, tokens, and institutional participants, a native lending and borrowing protocol sits at the foundation of what a complete on-chain financial system requires.

---

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