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Katana acquires IDEX to launch Katana Perps, boosting onchain derivatives trading.

Protocol Fundamentals
23 Mar 2026
Crypto news
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Bullish
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Katana, a DeFi chain incubated by Polygon, has acquired the decentralized exchange IDEX to launch Katana Perps, a new perpetual futures platform integrating spot and derivatives trading. This acquisition brings nearly a decade of IDEX's exchange technology into Katana's stack, aiming to offer a seamless, always-on trading experience with CEX-like performance but onchain settlement. Supported by major market makers, Katana Perps positions Katana as a full-stack DeFi platform covering spot trading, lending, token launches, and leveraged derivatives. This move reflects Katana's strategy to control its trading infrastructure and revenue as onchain derivatives markets grow rapidly.

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