Question 1

What is Katana?

Accepted Answer

Katana is an Ethereum Layer 2 built for decentralised finance. It is structured around a small set of core building blocks rather than a broad app layer, with liquidity concentrated in key services such as spot trading and lending. On the network, Sushi serves as the main spot DEX and Morpho as the main lending and borrowing venue, while assets such as AUSD, Vault Bridge assets, Universal-imported assets and LBTC feed into that wider DeFi system.

The project is designed to keep capital active after it is bridged in. Through Vault Bridge, selected assets are placed into yield-bearing wrappers before appearing on Katana, so bridged capital can continue generating yield instead of sitting idle on the network. Katana also routes revenue from sources such as bridged asset yield, sequencer fees and parts of core application fees back into liquidity and pool incentives, creating a model where network activity supports trading depth and lending capacity.

From a technical perspective, Katana runs on Agglayer’s CDK OP Stack, uses Geth-based execution and relies on zk-proofs for settlement. It is connected to Ethereum and other Layer 2 networks through Agglayer’s Unified Bridge, which positions it as a DeFi-focused execution environment with native cross-chain connectivity.

Question 2

What is Katana (KAT) used for?

Accepted Answer

KAT is the base ERC-20 token in the Katana ecosystem. By itself it is transferable, but it does not carry voting power. Its main function is to act as the asset users lock or deposit in order to take part in the network’s emission and reward system.

When KAT is locked, it becomes vKAT, a non-transferable position that gives the holder voting power. That voting power is used to direct KAT emissions towards specific liquidity pools and applications through gauge voting. Users who vote with vKAT can also receive rewards linked to that participation, including voting incentives and a share of fees from the markets they support, and they can choose how rewards are received.

KAT can also be deposited into avKAT, a transferable ERC-4626 vault token. This route is aimed at users who want exposure to the staking and voting system without managing the process directly. The vault holds a master vKAT position, while its strategy handles delegation, reward claiming and compounding. Because avKAT is liquid, it can be transferred, traded or used in DeFi, which gives KAT a second utility path beyond direct locking and manual voting.

Question 3

Who created or founded Katana?

Accepted Answer

Katana is presented as a project of the Katana Foundation and was incubated by Polygon Labs and GSR.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	KAT-USDT KATUSDT	binance	AA	0.004290USDT	1.42%	217,272,218.00KAT	5,266	0.004230USDT	0.004370USDT
2	KAT-USDT KAT-USDT	okex	A	0.004297USDT	1.70%	119,461,137.50KAT	8,383	0.004225USDT	0.004375USDT
3	KAT-TRY KATTRY	binance	AA	0.2092TRY	1.70%	76,546,272.00KAT	2,983	0.2057TRY	0.2120TRY
4	KAT-USD KATUSD	kraken	AA	0.004300USD	1.90%	26,623,054.90KAT	283	0.004220USD	0.004360USD
5	KAT-USDT KATUSDT_SPBL	bitget	BB	0.004294USDT	1.97%	20,717,478.44KAT	1,742	0.004211USDT	0.004367USDT
6	KAT-USD KAT-USD	coinbase	AA	0.004303USD	1.87%	18,734,787.00KAT	881	0.004224USD	0.004364USD
7	KAT-USDC KATUSDC	binance	AA	0.004290USDC	2.39%	2,595,835.00KAT	237	0.004190USDC	0.004370USDC
8	KAT-EUR KATEUR	kraken	AA	0.003750EUR	2.46%	1,222,703.98KAT	96	0.003660EUR	0.003780EUR
9	KAT-USD KAT-USD	okex	A	0.004298USD	2.80%	778,556.60KAT	43	0.004181USD	0.004324USD
10	KAT-TRY KAT-TRY	okex	A	0.2101TRY	3.24%	575,256.80KAT	57	0.2034TRY	0.2103TRY
11	KAT-USD KAT_USD	cryptodotcom	AA	0.004311USD	2.79%	175,820.00KAT	4	0.004194USD	0.004311USD
12	KAT-EUR KAT-EUR	okex	A	0.003762EUR	4.07%	165,748.50KAT	16	0.003615EUR	0.003762EUR
13	KAT-USDC KAT-USDC	okex	A	0.004313USDC	3.28%	153,165.50KAT	103	0.004176USDC	0.004350USDC
14	KAT-U KATU	binance	AA	0.004300U	2.14%	30,604.00KAT	9	0.004210U	0.004300U
15	KAT-KRW KRW-KAT	upbit	B	5.92KRW	2.42%	263,462,144.73KAT	3,087	5.78KRW	6.02KRW
16	KAT-USDT kat_usdt	xtpub	-	0.004290USDT	1.42%	154,631,576.86KAT	2,426	0.004230USDT	0.004370USDT
17	KAT-USDT kat_usdt	lbank	C	0.004306USDT	1.99%	132,790,760.00KAT	83,379	0.004222USDT	0.004369USDT
18	KAT-USDT KATUSDT	bitrue	D	0.004310USDT	1.41%	25,645,522.53KAT	5,343	0.004250USDT	0.004380USDT
19	KAT-USDT KAT_USDT	bitunix	C	0.004300USDT	1.65%	24,639,565.00KAT	6,258	0.004230USDT	0.004360USDT
20	KAT-USDT KATUSDT	mexc	C	0.004302USDT	1.70%	22,785,380.36KAT	3,545	0.004230USDT	0.004368USDT
21	KAT-KRW KAT_KRW	bithumbkorea	-	5.90KRW	3.00%	22,234,568.63KAT	876	5.73KRW	5.98KRW
22	KAT-USDT KAT_USDT	bydfi	-	0.004298USDT	1.61%	18,118,143.96KAT	3,393	0.004230USDT	0.004368USDT
23	KAT-USDT KAT-USDT	bingx	D	0.004300USDT	1.65%	15,470,192.75KAT	8,477	0.004230USDT	0.004370USDT
24	KAT-EUR KAT-EUR	bitvavo	B	0.003754EUR	2.60%	13,198,373.01KAT	325	0.003659EUR	0.003807EUR
25	KAT-USDT KAT_USDT	coinw	-	0.004300USDT	1.65%	11,333,908.07KAT	2,274	0.004230USDT	0.004360USDT
26	KAT-USDT sKATUSDT	phemex	C	0.004300USDT	0.00%	0KAT	0	0.004300USDT	0.004300USDT
27	KAT-BTC BTC-KAT	upbit	B	0.0₇5999BTC	0.00%	257,380.33KAT	11	0.0₇5999BTC	0.0₇5999BTC
28	KAT-USDT KATUSDT	coinex	C	0.004315USDT	1.91%	127,783.73KAT	1,432	0.004234USDT	0.004352USDT
29	KAT-USDT USDT-KAT	upbit	B	0.004592USDT	0.00%	0KAT	0	0.004592USDT	0.004592USDT