Katana, a new DeFi-first layer-2 blockchain, went live on mainnet with over $200 million in pre-deposits just weeks after its public reveal, making it one of the most capitalized debuts of any layer-2 network this year, according to a Monday announcement.
Developed by the Katana Foundation, the Polygon Agglayer Breakout Program graduate is designed to support high-yield decentralized finance activity at scale. Katana integrates with decentralized exchange Sushi and lending protocol Morpho, offering incentives to liquidity providers.
Unlike traditional…