Canto
Canto is an EVM blockchain built with the Cosmos SDK that runs its core DeFi protocols (DEX, lending market, stablecoin) as free public infrastructure available to all without governance control. Its NOTE stablecoin is backed by an interest-rate-targeting lending market, and the native DEX charges zero fees to promote maximum liquidity depth. Canto positions itself as a response to rent-seeking in DeFi.