Canopy

Canopy is a yield aggregator on Movement where users deposit a single asset into market-making, lending or staking strategies without pairing assets or rebalancing by hand. Liquidity on Move is scattered across protocols, and tracking rates across Echelon, LayerBank and MovePosition while absorbing impermanent loss is impractical for most depositors. Canopy encodes strategies in contracts that rebalance on price thresholds, time and inventory ratios, so single-sided liquidity does not require a prior swap; a unified interface sits on top, a reward engine in the middle lets projects incentivise behaviour in MOVE or their own token, and the protocol layer connects to AMMs, lending markets and perpetual venues.

It charges a 1.5% annual management fee on assets, which returns must clear before they count as net. The protocol is deployed only on Movement, and its integrations stay within that ecosystem, so capital from other chains must be bridged first.