Cantex has announced $3 million in total value locked across its Canton trading platform.
Total value locked, or TVL, measures the value of assets held in a platform's pools at a given time. It provides a snapshot of those holdings, while trading volume adds up the value of completed trades over a period.
Cantex uses pooled assets to exchange tokens and settle trades on Canton. Its September 21 milestone update also invites institutions and accredited individuals to apply as liquidity partners.
Access to that role requires approval. The liquidity-partner terms require identity checks before deposits are allowed and limit participation to qualified institutions, with accredited individual investors considered exceptionally.
Partners receive a share of the trading fees generated in their pools. Returns depend on trading activity and the pool's fee structure. Providing liquidity also carries market risk, including changes in the assets held by the pool.
