Alpend
Canton money markets with a separate Alpend ONE product in development.
Alpend provides money markets on Canton for supplying supported assets and borrowing against collateral. Money Markets is available through its gated access process, while Alpend ONE remains a separate upcoming product.
Background
Alpend uses Canton for lending and borrowing with selective visibility of financial data. Availability differs between live money markets and planned Alpend ONE.
Key Benefits
- Lending and borrowing on Canton
- Selective visibility of positions
- Current rates and capacity in the application
Why Canton
Canton’s selective disclosure limits who can see financial positions. Alpend uses this model for its lending and borrowing markets.
What Makes It Unique
Its markets combine Canton privacy with variable borrower-funded interest and separate CC rewards.
What's Included
Money Markets
Supply and borrowing positions are governed by each market’s collateral, rate and liquidation parameters. Access and supported assets depend on the current application.
Ascent II rewards
The published rewards guide covers CC, USDCx and CBTC markets. Reward allocations are separate from supply interest and depend on the programme’s current rules; neither should be read as a fixed yield.
Alpend ONE
Alpend ONE is marked coming soon. Its announcement does not make it part of the live Money Markets offering.
Official Resources
Impact
Alpend adds a private money-market primitive to Canton. By letting users supply and borrow assets with stronger confidentiality, it supports the kind of credit activity that can make the network more useful for both retail DeFi users and institution-adjacent workflows.
Yields & Earning Opportunities
Supply APY varies with borrowing activity. Ascent II adds separate CC rewards: each market has a daily budget shared pro rata among eligible supplied balances. Alpend can change or end these incentives; they are not guaranteed returns. View current rates and deposit capacity in the application.
Yields are set by the project, change often and are not guaranteed. This is not financial advice. Crypto assets carry risk, so do your own research before depositing funds.
Active Campaigns & Incentives
Ascent II rewards follow Alpend’s published market allocations and eligibility rules. Check the current rewards guide and account notices for claim or migration deadlines.
Looking Ahead
Alpend ONE is coming soon. No fixed launch date is stated here.
From the Insights Hub
Why Canton Changes the Economics of On-Chain Lending
On-chain lending has proven demand, but public-ledger transparency and bridge risk keep institutional capital away. Canton changes that with contract-level privacy, atomic settlement, and native tokenized collateral, creating the conditions for Alpend to become the money market layer institutions need.
How Does ONE Staking Generate Yield?
Alpend explains how ONE staking is designed to support Canton DeFi by deploying liquidity across liquidations, curated yield strategies, and future credit infrastructure. The article frames ONE as productive liquidity rather than passive emissions.
Alpend Launches ONE - The Programmable Dollar for Canton DeFi
Alpend’s ONE introduces CC-backed, dollar-targeted liquidity for Canton DeFi, allowing users to lock CC, mint ONE, and use it across Canton-native applications for trading, yield, credit, and capital deployment.
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