katana

Katana is a DeFi-focused Layer 2 blockchain designed to maximize capital efficiency and deliver sustainable yields to users. Built with concentrated liquidity at its core, the platform addresses common DeFi challenges like slippage and low yields through innovative mechanisms.

Key Features:

• VaultBridge: Automatically redeploys bridged assets (ETH, USDC, WBTC, USDT) into yield-bearing strategies on Ethereum, generating revenue that flows back to the network
• Chain-Owned Liquidity (CoL): Uses 100% of net sequencer fees to build baseline liquidity reserves, reducing slippage and providing stable borrowing rates
• Core Apps Integration: Partners with established DeFi protocols like Morpho and Sushi to concentrate liquidity and boost yields
• AUSD Stablecoin: Native stablecoin backed by US treasuries, managed by VanEck and custodied by State Street, bringing offchain yield onchain
• vbTokens: Wrapped tokens that earn yield when actively deployed in core applications, incentivizing productive asset usage

The platform operates on a flywheel model where bridged assets automatically generate yield, sequencer fees build liquidity, and active participation is rewarded. This creates a self-reinforcing cycle of deeper liquidity and higher yields.

Incubated by Polygon Labs and GSR, Katana has attracted over $240M in pre-deposits and focuses on sustainable tokenomics without relying heavily on token emissions. The platform prioritizes active asset deployment over idle holdings, creating a more efficient DeFi ecosystem.