As of March 27, the KAT price is $0.01, up 12.21% in the past 24 hours. Katana is a DeFi platform that offers lending and trading services, and enables cross-chain asset yields through the Vault Bridge mechanism. Recently, KAT was listed on a Korean exchange, increasing liquidity, and the perpetual contract platform Katana Perps, in partnership with IDEX, was launched to enhance ecosystem functionality and token utility.

Polygon Labs and GSR-incubated DeFi chain Katana have acquired the decentralized exchange IDEX and launched the native perpetual futures platform Katana Perps, marking a strategic upgrade in their on-chain trading infrastructure. The platform integrates IDEX's technology, aims to improve trading efficiency while maintaining on-chain advantages, and further enhances the DeFi ecosystem.