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Katana Debuts as DeFi-Focused Layer-2 with Over $200M Productive TVL

Katana, a newly launched layer-2 blockchain prioritizing decentralized finance (DeFi), enters the market boasting over $200 million in ‘productive’ total value locked (TVL).

The platform introduces ‘productive TVL’ as a novel industry metric, specifically designed to measure capital within DeFi protocols that is actively engaged and generating yield. This aims to provide a clearer distinction compared to traditional TVL metrics.

Prior to its mainnet launch, Katana secured this significant productive TVL, demonstrating early market confidence and adoption. The platform integrates directly with decentralized exchange Sushi and lending protocol Morpho.

This integration enables liquidity collaboration between protocols and facilitates the onchain trading of non-Ethereum Virtual Machine (EVM) tokens, including Solana’s SOL, Ripple’s XRP, and Sui’s SUI.

Katana’s tokenomics include allocating 15% of its native KAT tokens for an upcoming airdrop targeted at Polygon (POL) token stakers, a move aimed at fostering community participation and ecosystem expansion.

The launch underscores Katana’s focus on providing solutions for sustainable liquidity and versatile asset support within the evolving layer-2 DeFi landscape.

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