Ethereum on Canton

Simple settlement rails. Bringing Ethereum assets into the Canton ecosystem.

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cETH Overview

cETH is a 1:1 representation of ETH on Canton. It's designed to be usable across Canton applications with clear mint and unwrap mechanisms and on-chain transparency.

TypeETH on Canton
Ratio1:1
UnwrapOn-demand
UnderlyingVerifiable on-chain
cETH 1:1 ETH

Use Cases

ETH for Canton apps — broad on-chain utility

Collateral

Use cETH as secured collateral in Canton applications.

  • Margin and secured positions
  • Risk-managed collateral flows
  • Supports capital efficiency

Borrow / Lend

Enable ETH-denominated lending and borrowing.

  • Money markets and credit lines
  • ETH funding legs for strategies
  • Clear wrap / unwrap path

Liquidity

Provide market depth where cETH is traded.

  • LP positions on trading venues
  • Tighter spreads via arbitrage
  • Better price discovery for ETH

Trading

Trade cETH against other assets on Canton.

  • Spot markets and swaps
  • Routing + aggregation friendly
  • Supports hedging and execution

Built for Canton

Anchored to Ethereum. Each unit of cETH corresponds to one unit of ETH locked in protocol-controlled smart contracts.

ETHcETH

Ecosystem

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More about cETH

Transparency

Transparency

All locked ETH balances and cETH token supply are independently verifiable on-chain at any time.

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Transparency

Whitepaper

Technical specification of the cETH wrap and unwrap mechanisms, protocol operations, and underlying ETH management.

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Common asked questions

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Documentation and test environment for Canton integration

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