Polygon Labs and GSR-incubated decentralized finance network Katana acquired decentralized exchange IDEX to support its new product Katana Perps. IDEX will become a core component of Katana Perps, providing a high-performance matching engine and on-chain settlement functionality.

_Katana ties KAT token value to perp trading revenue after IDEX deal, strengthening its position in derivatives markets._ Katana has acquired decentralized exchange IDEX in a move that ties a live perpetuals venue directly to its growing blockchain network. The deal gives Katana control over exchan

Katana, a blockchain nurtured by Polygon Labs, has acquired IDEX and launched Katana Perps, a platform for perpetual futures trading that integrates both spot and derivatives. This marks a significant step for CEO Matthew Fisher as Katana aims to capitalize on the booming on-chain derivatives market.

Katana, a DeFi blockchain incubated by GSR and Polygon Labs, is acquiring IDEX to launch Katana Perps, a platform for perpetual futures trading. Under CEO Matthew Fisher, this move aims to position Katana as a leader in the evolving DeFi market, merging derivatives and spot trading amid increasing regulatory clarity.