Polygon Labs has launched a brand new blockchain known as Katana, which was developed in collaboration with the crypto buying and selling agency GSR. With over $200 million in deposits secured earlier than launch, merchants are actually speculating that KAT, the native token, might quickly be among the many new Binance itemizing. However what does Katana supply that units it other than different initiatives?
Katana is designed to unravel two main issues in decentralized finance: the inefficient distribution of tokens throughout a number of apps and unsustainable yields attributable to inflationary rewards. To deal with this, Katana focuses on a curated ecosystem, choosing only some high-quality monetary purposes to function on the chain.
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These embody a modified model of Sushi (a decentralized trade), Morpho (a serious lending protocol), a memecoin launchpad, and a decentralized futures platform.
Sandeep Nailwal, co-founder of Polygon, says the brand new chain will assist carry DeFi right into a extra steady period. By concentrating liquidity and linking chains by means of Vault Bridge, Katana permits smaller chains to faucet into deeper liquidity with out fragmenting person belongings.
Ecosystem Announcement
Katana is dwell on mainnet. Katana will herald a brand new period for DeFi that can change how customers earn yield on their belongings, with Agglayer’s Vault Bridge.
In simply three weeks, Katana already has over $240M in productive pre-deposited belongings.
The Agglayer…
— Sandeep | CEO, Polygon Basis (※,※) (@sandeepnailwal) June 30, 2025
KAT Token Gears Up – Potential New Binance Listing?
Why might Katana’s early success place KAT amongst new Binance listings to observe? Since opening deposits in late Might, Katana has attracted over $240 million in “productive” belongings. This contains stablecoins, wrapped Bitcoin (LBTC), yield-bearing Ether (weETH), and AUSD, a brand new stablecoin by Agora.
The numerous quantity of belongings deposited even earlier than Katana’s full public launch displays confidence within the mannequin. Yield alternatives are pooled right into a self-sustaining engine as an alternative of being diluted throughout dozens of protocols. That is meant to make DeFi on Katana extra predictable and worthwhile for customers over the long run.
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The KAT token, which powers Katana’s incentive system, could also be on observe for broader publicity. With 1.5 billion KAT tokens (15% of the entire provide) set to be airdropped to POL stakers and powerful person engagement from launch, the token has caught the eye of speculators searching for new Binance itemizing candidates.
Polygon’s previous success in getting initiatives listed, together with the long-standing Polygon POS chain, offers Katana a strong pipeline for trade visibility. Whereas no official itemizing has been introduced but, market watchers are keeping track of KAT as Binance continues increasing its listings within the Layer 2 and DeFi sectors.
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Key Takeaways
- Katana is Polygon Labs’ new DeFi-optimized Layer 2 chain, launched with over $240 million in pre-deposited belongings.
- Constructed utilizing cdk-opgeth and related to AggLayer’s Vault Bridge, Katana goals to unify fragmented DeFi liquidity.
- Core protocols embody Morpho, Sushi, and Vertex, together with help for belongings like AUSD, LBTC, and weETH.
- Hypothesis grows round a possible new Binance itemizing for KAT, fueled by Katana’s sturdy launch and rising ecosystem curiosity.
The put up Polygon’s New Blockchain Explained: Is KATANA Crypto Next Binance Listing? appeared first on 99Bitcoins.
