Introduction
Canon is a pre-trade risk intelligence API for onchain agents. One API call before every trade gives your agent real-time risk analysis across multiple dimensions: order book depth, liquidation proximity, funding rate divergence, market impact, value-at-risk, and open interest utilization.
Currently live on Hyperliquid.
What Canon Does
AI agents and trading bots execute leveraged positions without visibility into the microstructure risks that determine whether a trade succeeds or fails. Canon solves this by running a multi-layer risk engine against real-time market data and returning a structured risk assessment in milliseconds.
A single call to /v1/validate returns:
- A risk score (0-100) summarizing overall trade risk
- A recommendation (
proceed,proceed_with_caution, orabort) - Risk flags identifying specific concerns (thin order book, OI near cap, funding anomaly, etc.)
- Detailed metrics including slippage estimate, liquidation distance, funding costs, and more
Why It Matters
Blind execution on leveraged perps is dangerous. Thin books get manipulated, funding rates spike, and open interest caps create forced liquidation cascades. Canon catches these conditions before your agent commits capital.
Base URL
https://api.canon.trade
Supported Exchange
| Exchange | Status |
|---|---|
| Hyperliquid | Live |
Next Steps
- Quickstart - Get up and running in 5 minutes
- Authentication - Get your API key
- Validate Endpoint - Core API reference