Earn up to 20% APY as an institutional Bitcoin LP

Institutional liquidity providers earn rewards from Canton Network's Featured App program by minting CBTC against deposited BTC. Capped at 20% APY, 0% floor, paid in Canton Coin.

How incentives work

Liquidity providers receive 25% of the Featured App rewards that CBTC activity generates on Canton. Rewards are paid in Canton Coin.

CBTC offers a three-tiered incentive structure to attract liquidity:

• LP Program (bi-lateral agreement): Direct rewards for providing BTC liquidity.
  • Cap: 20% APY on deposited BTC
  • Floor: 0% (rewards depend on Canton activity)
  • Source: Canton Network's Featured App rewards, paid by the protocol, not by BitSafe

Three ways to participate

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1. Mint and trade

Deposit BTC, mint CBTC, and trade on Canton venues such as Temple Markets or RFQ desks. Trading activity generates Featured App rewards that flow back to you as an LP.

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2. Lend to market makers

Lend BTC to a market maker who mints CBTC and runs trading strategies on Canton. You earn LP rewards on the BTC you lend, the market maker handles the trading.

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3. Mint and supply AMM liquidity

Deposit BTC, mint CBTC, and supply liquidity to AMM pools on Canton. AMM activity generates Featured App rewards on the CBTC you provide.

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How payouts work

• Featured App rewards accrue continuously as Canton activity generates them.
• LPs receive their share in Canton Coin on the schedule set by the LP agreement.
• The 20% APY cap and 0% floor apply at the program level.
• Full terms and reporting are set out in the LP agreement signed with BitSafe.

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Worked example

A $10M Bitcoin deposit at the 20% APY cap could pay out up to $2M in Canton Coin over the year. Actual rewards depend on Canton Network activity in each period and may be lower. The 0% floor means a period can pay out zero.

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What is CBTC?

CBTC is the institutional-grade representation of Bitcoin on the Canton Network. BTC deposited with BitSafe is held in privacy-enabled FROST threshold custody, governed by the Decentralized Party, and CBTC is issued 1:1 against that BTC. CBTC plugs into Canton-native venues, lending markets, and AMMs without changing the underlying Bitcoin.

Why Canton Network?

Canton Network is the institutional blockchain built by Digital Asset, with 500+ members across banks, exchanges, and financial institutions. Privacy, configurable disclosure, and institutional-grade compliance are built into the protocol. For firms not yet on Canton, BitSafe offers a multi-tenant validator path so you can participate without standing up your own node.

Built for

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Trading firms

Trade CBTC on Canton venues with privacy-enabled settlement, and earn LP rewards on BTC you put to work.

Read more: CBTC for Trading Firms

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Asset managers

Allocate to a Bitcoin program with externally funded rewards, capped exposure, and institutional custody.

Read more: CBTC for Asset Managers

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Developers

Build markets, lending, AMMs, and structured products on CBTC. Featured App rewards accrue to the activity you generate.

Read more: CBTC for Developers

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Get started

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Complete the CBTC LP signup form →

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Questions? Email [email protected].

Risks and disclaimers

• Featured App rewards are variable and depend on Canton Network activity. The 0% floor means rewards can be zero in any given period.
• The 20% APY cap is a program-level cap on LP rewards, not a guaranteed payout amount.
• Nothing on this page is investment, legal, or tax advice. Final terms are set out in the LP agreement.

Resources

• CBTC technical documentation

• FROST whitepaper

• Canton Network whitepaper

• Quantstamp audit report

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CBTC is built by BitSafe. BitSafe builds decentralized, privacy-enabled digital asset infrastructure on the Canton Network. Learn more at bitsafe.finance

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