The Cadence Protocol is a capital-efficient, intent-centric perpetual annuity aggregator, initially launched as Canto’s flagship perpetual annuity protocol. By integrating Real-World Assets (RWAs), Contract Secured Revenues (CSRs), and Liquid Staked Derivatives (lsds), it will be the most capital-efficient use of liquidity. The protocol will be integrated into Cadences intent-centric execution network, Symphony. Powered by Symphony, Cadence will address the issue of fragmented liquidity and redefine the DApp user experience, fundamentally transforming the DeFi ecosystem.

CAD serves as the primary utility and value capture mechanism for the project. As Cadence evolves, the value of CAD tokens will increase with additional use cases integrated through Symphony.