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Katana acquires IDEX and launches the perpetual contract platform Katana Perps

2026.03.23 21:23:41

March 23rd — Katana, a custom Layer 2 (L2) network for decentralized finance (DeFi), announced the acquisition of decentralized exchange IDEX and the launch of its native perpetual contract platform, Katana Perps. The platform’s first season points program, “The Forge,” also went live simultaneously. Katana CEO Matthew Fisher noted the move aims to give Katana greater control over its underlying protocol stack and economic engine. Katana Perps uses an order book model, offering low-latency execution and advanced order controls, with backing from institutional market makers including GSR, Selini Capital, and Auros. The platform will also integrate deeply with Katana’s KAT token, vKAT governance system, and Vault Bridge, using vbUSDC as its primary collateral asset. U.S. users currently do not have access to the platform.
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