Canary Exchange is a decentralized exchange built on the Avalanche blockchain. It utilizes an Automated Market Maker (AMM) model, allowing for the trading of digital assets through liquidity pools rather than traditional buyers and sellers.
The native token, CNR Token, is integral to the Canary Exchange and its associated dApps. CNR has a maximum supply of 570 million tokens, of which approximately 90% is allocated to a community treasury for liquidity mining, 5% for a community airdrop, and 5% for developer compensation. Users can earn CNR Tokens by participating in the exchange and have the option to swap or stake their tokens.
Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.
