Katana’s mainnet debuts with $200M in active DeFi deposits
Katana, a new DeFi-first layer-2 blockchain, launched with over $200 million in productive TVL, offering institutional-grade liquidity strategies and native asset support.
Katana, a new DeFi-first layer-2 blockchain, went live on mainnet with over $200 million in pre-deposits just weeks after its public reveal, making it one of the most capitalized debuts of any layer-2 network this year, according to a Monday announcement.
Developed by the Katana Foundation, the Polygon Agglayer Breakout Program graduate is designed to support high-yield decentralized finance activity at scale. Katana integrates with decentralized exchange Sushi and lending protocol Morpho, offering incentives to liquidity providers.
Unlike traditional models that issue new tokens to incentivize participation, Katana’s design integrates yields from multiple sources, including VaultBridge strategies, which enable users to earn native Ethereum yields within Katana’s ecosystem, Chain-owned Liquidity (CoL) reserves and AUSD-backed treasury flows.