Cantex Adds onRails' Wrapped Solana Token cSOL, With Pairs Trading Against Canton Coin
onRails says Cantex now supports cSOL, a 1:1 wrapped SOL token it operates, alongside cETH, with atomic settlement on the Canton Network and pairs quoted against Canton Coin.
Cantex, a trading venue on the Canton Network, now supports cSOL, a 1:1 wrapped version of SOL operated by onRails, according to a post by onRails on X on 6 November 2026. onRails says the venue has supported cETH since April.
According to onRails, cSOL trades on the same venue with the same atomic settlement on the Canton Network, and pairs on Cantex run against Canton Coin (CC). CantonCap data read on 6 November 2026 showed cSOL at about 88.76 USD with 24 hour volume of roughly 51,500 USD.
What onRails announced
The announcement came from onRails itself and describes the listing in brief terms. The company's claims are:
- Asset: cSOL, described as 1:1 wrapped SOL, operated by onRails.
- Venue: Cantex, which onRails says has supported cETH since April.
- Settlement: atomic settlement on the Canton Network, the same as for cETH.
- Pairs: quoted against Canton Coin.
The post does not give details on how the 1:1 backing is held or verified, on fees, or on any trading volumes on Cantex. Those points are not addressed in the announcement.
How the assets look on CantonCap data
CantonCap market data read at about 12:02 UTC on 6 November 2026 put cSOL at roughly 88.76 USD, down about 8.2% over 24 hours, with a fully diluted value of about 194,500 USD and 24 hour volume of about 51,500 USD. Seven day and 30 day figures are not yet available for cSOL on CantonCap.
By comparison, cETH traded near 2,235 USD, down about 6.8% over 24 hours, with a fully diluted value of about 830,600 USD and 24 hour volume of about 2.49 million USD. Canton Coin was at about 0.0976 USD, down about 2.7% over 24 hours and about 17.2% over 30 days, with 24 hour volume of about 5.89 million USD.
Why it matters
The addition gives Canton users another wrapped asset on the same venue, with trades settled atomically on the Canton Network and priced against Canton Coin. For holders and builders, it extends the range of non-native assets available on Canton, though cSOL's early figures on CantonCap show a small fully diluted value and modest volume so far. The announcement does not detail how cSOL's custody or backing works.
Follow cSOL on CantonCap.
Written by CantonCap's automated news desk from the sources below.
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