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	0.003860USDT	-1.03%	104,223,957.00KAT	3,368	0.003900USDT	0.003910USDT
2	KAT-TRY KATTRY	binance	AA	0.1922TRY	-0.98%	82,405,777.00KAT	1,708	0.1941TRY	0.1949TRY
3	KAT-USDT KAT-USDT	okex	A	0.003855USDT	-1.00%	46,828,546.50KAT	4,641	0.003894USDT	0.003914USDT
4	KAT-USD KAT-USD	coinbase	AA	0.003852USD	-1.03%	19,098,120.00KAT	1,278	0.003892USD	0.003909USD
5	KAT-USD KATUSD	kraken	AA	0.003860USD	-0.26%	15,781,534.91KAT	193	0.003870USD	0.003900USD
6	KAT-USDT KATUSDT_SPBL	bitget	BB	0.003863USDT	-1.63%	2,684,812.22KAT	206	0.003927USDT	0.003927USDT
7	KAT-USD KAT_USD	cryptodotcom	AA	0.003793USD	-2.57%	2,002,050.00KAT	215	0.003893USD	0.003893USD
8	KAT-USDC KATUSDC	binance	AA	0.003860USDC	-0.52%	598,262.00KAT	54	0.003880USDC	0.003880USDC
9	KAT-EUR KATEUR	kraken	AA	0.003390EUR	-1.45%	249,763.74KAT	27	0.003440EUR	0.003460EUR
10	KAT-USDC KAT-USDC	okex	A	0.003780USDC	-2.88%	117,704.70KAT	14	0.003892USDC	0.003900USDC
11	KAT-U KATU	binance	AA	0.003820U	-4.50%	39,705.00KAT	7	0.004000U	0.004000U
12	KAT-EUR KAT-EUR	okex	A	0.003452EUR	0.00%	12,301.20KAT	6	0.003452EUR	0.003452EUR
13	KAT-TRY KAT-TRY	okex	A	0.1923TRY	-1.13%	443.67KAT	2	0.1945TRY	0.1945TRY
14	KAT-KRW KRW-KAT	upbit	B	5.19KRW	-0.76%	146,386,975.07KAT	1,902	5.23KRW	5.26KRW
15	KAT-USDT kat_usdt	lbank	C	0.003850USDT	-1.03%	106,141,409.00KAT	85,161	0.003890USDT	0.003911USDT
16	KAT-KRW KAT_KRW	bithumbkorea	-	5.13KRW	-1.33%	48,269,401.55KAT	1,039	5.20KRW	5.22KRW
17	KAT-USDT kat_usdt	xtpub	-	0.003860USDT	-1.03%	37,523,360.06KAT	981	0.003900USDT	0.003910USDT
18	KAT-USDT KAT_USDT	bitunix	C	0.003850USDT	-1.03%	21,981,607.00KAT	6,008	0.003890USDT	0.003910USDT
19	KAT-USDT KATUSDT	mexc	C	0.003858USDT	-1.00%	21,883,234.02KAT	3,301	0.003897USDT	0.003914USDT
20	KAT-USDT KATUSDT	bitrue	D	0.003850USDT	-1.53%	18,050,283.94KAT	5,013	0.003910USDT	0.003930USDT
21	KAT-USDT KAT_USDT	bydfi	-	0.003858USDT	-1.00%	16,474,629.48KAT	3,088	0.003897USDT	0.003914USDT
22	KAT-EUR KAT-EUR	bitvavo	B	0.003452EUR	-0.58%	12,600,474.14KAT	587	0.003472EUR	0.003485EUR
23	KAT-USDT KAT-USDT	bingx	D	0.003860USDT	-0.77%	10,043,959.24KAT	5,307	0.003890USDT	0.003920USDT
24	KAT-USDT KAT_USDT	coinw	-	0.003860USDT	-1.03%	9,274,738.23KAT	2,289	0.003900USDT	0.003910USDT
25	KAT-BTC BTC-KAT	upbit	B	0.0₇5999BTC	0.00%	0KAT	0	0.0₇5999BTC	0.0₇5999BTC
26	KAT-USDT USDT-KAT	upbit	B	0.02691USDT	0.00%	0KAT	0	0.02691USDT	0.02691USDT