Katana Acquires IDEX and Launches Perpetual Contract Platform Katana Perps

Foresight News reports that the DeFi-customized Layer 2 network Katana has announced the acquisition of decentralized exchange IDEX and officially launched its native perpetual contract platform, Katana Perps. Additionally, the platform's first-season rewards program, 'The Forge,' has been launched simultaneously. Katana CEO Matthew Fisher stated that this move aims to enable Katana to gain greater control over the underlying protocol stack and economic engine. Katana Perps adopts an order book model, offering low-latency execution and advanced order controls, with support from institutional market makers such as GSR, Selini Capital, and Auros. Furthermore, Katana Perps will be deeply integrated with the KAT token, vKAT governance system, and Vault Bridge, utilizing vbUSDC as the primary margin asset. The platform is currently not available to users in the United States.