What is Amulet?

Amulet

Amulet is the on-ledger instrument name of Canton Coin, the native utility token minted and burned by the Global Synchronizer on Canton Network.

Category
Canton fundamentals
Related terms
5
Glossary size
34
Last reviewed
2026-08-10
Glossary / Canton fundamentals

Amulet explained

Amulet is the name the Canton ledger itself uses for the asset most people call Canton Coin. Wallets and exchanges display the symbol CC, but the Daml contracts that mint, transfer, and burn the token identify it as Amulet. The two names refer to the same asset at different layers: Amulet is the instrument, Canton Coin is the brand.

The Amulet implementation ships as part of Splice, the open-source codebase developed for the Global Synchronizer. Its economics are unusual among network tokens: units are not pre-mined and sold, they are minted as rewards to the parties who keep the network running, including super validators, validators, and providers of featured applications. Paying for synchronizer traffic burns Amulet, tying supply to actual network usage.

The dual naming shows up in practice. Block explorers, token registries, and on-ledger metadata may say Amulet where an app's interface says CC. OneSwap follows the common convention: it displays CC while the configured on-ledger instrument behind it is Amulet. If you see both names quoted for a Canton asset, you are looking at one token, not two.

Entry last reviewed 2026-08-10. Live prices, reserves, and activity belong on the linked market pages, which regenerate every five minutes.