Polygon-based DeFi chain Katana has acquired decentralized exchange IDEX to launch its new perpetuals platform, Katana Perps. Utilizing IDEX's matching engine, the platform aims to integrate order book matching and AMM liquidity infrastructure. This acquisition is part of Katana's strategy to enhance its tech stack and revenue streams ahead of anticipated regulatory clarity for on-chain perpetuals.
Katana Perps has already gone live on a customized OP Stack version, integrated with Polygon AggLayer. Initial market-making support is provided by GSR, Selini Capital, and Auros, positioning Katana to capitalize on the growing demand for decentralized perpetuals trading.
Katana Acquires IDEX to Launch Perpetuals Platform on Polygon
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