Canopy Network[CNPY]

Layerless appchain framework for sovereign L1s

Canopy Network is a layerless appchain framework that lets developers launch and scale sovereign Layer 1 blockchains without monolithic base layers or cross-chain bridges. Its AI-native tooling is built to let teams ship and deploy appchains in days. The testnet went live on February 12, 2026, with mainnet targeted for later in 2026, at which point the $CNPY token airdrop is set to distribute. Canopy raised $8.5M in seed funding led by Mechanism Capital, with Arrington Capital, Fenbushi Capital, Borderless Capital, SNZ and GSR backing. A live loyalty/points program rewards on-chain activity ahead of the airdrop.