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Katana Closes IDEX Acquisition as Native Perps Go Live on Its DeFi Chain

The move embeds derivatives into Katana’s core stack to serve professional traders with CEX-grade on-chain execution.

Katana acquires IDEX to launch new perpetuals platform as DeFi derivatives gain momentum
Polygon incubated katana snaps up idex to launch native perps platform
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Overview

  • Katana Perps is now live as a native venue inside the Katana App, unifying derivatives with the chain’s spot and routing features.
  • The launch follows Katana’s completed purchase of IDEX, whose on-chain matching engine delivers low-latency execution, advanced order types, and mature API access.
  • Matthew Fisher has been appointed CEO to lead consolidation of trading infrastructure and revenue under one vertically integrated stack.
  • Liquidity support comes from market makers GSR, Selini Capital, and Auros, positioning the platform for professional and institutional use.
  • Access is restricted for U.S. persons, with incentives tied to the KAT and vKAT model including a Season 1 Points Program, set against strong 2025 growth in decentralized perps reported by CoinGecko.