CANTO current price is $0.0007620.

Canto is a Layer-1 blockchain built to deliver on the promise of DeFi – that through a post-traditional financial movement, new systems will be made accessible, transparent, decentralized, and free. Created by a loosely organized collective of chain-native builders, Canto is a new commons powered by Free Public Infrastructure.

What does that mean? Well it's a Layer-1 that is also EVM-compatible, so you can bridge to and from it using metamask or other popular wallets. It doesn't claim to be the most technologically advanced, but where it tries to innovate is with it's public infrastructure-focused approach to defi.

Canto presents the radical notion that core DeFi primitives should exist as Free Public Infrastructure (FPI). Having observed the growth of the DeFi space, from the launch of DAI in late 2017 to the emergence of many DeFi projects in 2021, three core primitives have emerged to anchor any healthy DeFi ecosystem: decentralized exchanges (DEX), lending markets, and a decentralized unit of account. As the ecosystem has grown, each core primitive has made the same decision: launch a governing protocol token that derives value from its ability to extract rent from future users.