Back to Homepage ECOSYSTEM Ekiden Launches on Canton Testnet as Network's First CLOB-Based Derivatives Exchange Ekiden has launched on Canton Network's testnet as the first CLOB-based derivatives exchange on the network, with several trading firms already integrated and mainnet to follow. June 15, 2026 at 12:39 PM 2 min read Share
CantonNews Editorial Team
Ekiden has gone live on Canton Network's testnet, becoming the first central limit order book derivatives exchange to launch on the network. The platform is fully operational at app.cnt.ekiden.fi , with API access, points, referral, and VIP programs already active. Several trading firms are integrated and actively quoting. The exchange combines an off-chain CLOB with deferred on-chain settlement, using Merkle commitments to maintain an auditable record of orders and price discovery on Canton without sacrificing execution speed. Settlement is batched and posted to the network periodically, balancing throughput with on-chain verifiability. On performance, Ekiden is targeting execution latency of 5 to 15 milliseconds and claims capacity of 200,000 orders per second per market. Taker fees are set at 0.02%, with zero maker fees to incentivise liquidity provision. Users retain full custody of their assets throughout. The testnet launch is the first step in a phased rollout. Upcoming milestones include a paper trading mode, a public market maker programme, and a mainnet launch. Ekiden is currently onboarding liquidity and integration partners.
More in Ecosystem ECOSYSTEM OneSwap Goes Live Inside Loop Wallet as First SDK Integration 1h ago
ECOSYSTEM Canton Network Welcomes 20 New Validator Operators, Including Citadel and Taishin Bank 2d ago
ECOSYSTEM Temple Accounts for Nearly a Third of Canton Network's Daily Fee Burn 2d ago
Explore Further Canton Ecosystem Browse all projects & participants →
Latest News a16z Opens Seoul Office With Crypto as First Priority for Asia Expansion 14m ago · 5 min read
OneSwap Goes Live Inside Loop Wallet as First SDK Integration 1h ago · 2 min read
CIP-0112 Approved: Canton Network Upgrades Its Core Token Standard 1d ago · 4 min read
Canton Network Welcomes 20 New Validator Operators, Including Citadel and Taishin Bank 2d ago · 5 min read
Temple Accounts for Nearly a Third of Canton Network's Daily Fee Burn 2d ago · 2 min read
Kraken Adds USDCx Deposits and Withdrawals on Canton Network 3d ago · 2 min read
Canborsa Launches Beta as First Perpetual RWA DEX on Canton Network 3d ago · 3 min read
a16z Crypto Leads $355 Million Round in Digital Asset as Canton Network Draws Broad Institutional Backing 4d ago · 5 min read
Send Launches Browser Extension to Connect Users to Canton Network Applications 4d ago · 4 min read
