Katana acquires IDEX to launch new perpetuals platform as DeFi derivatives gain momentum
Katana, backed by Polygon Labs and GSR Markets, acquired IDEX and launched Katana Perps, a new on-chain perpetuals platform capitalizing on the growing DeFi derivatives market.Summary
Katana, a decentralized finance blockchain project spearheaded by Polygon Labs and GSR Markets, has announced the acquisition of IDEX to launch Katana Perps, a unified on-chain perpetual futures and spot trading platform. This strategic move, led by CEO Matthew Fisher, aims to consolidate trading infrastructure and revenue under a single system, leveraging IDEX’s established history as a leading decentralized exchange. The platform is supported by market makers like GSR, Selini Capital, and Auros, offering leveraged trading and liquidity for both crypto enthusiasts and institutional investors. The launch coincides with increasing regulatory acceptance of crypto perpetual futures and a shift towards 24/7 trading environments, evidenced by the $6.7 trillion in cumulative trading volume across decentralized perpetuals venues in 2025, highlighting the growing demand for real-time price discovery on these platforms.
(Source：Crypto Briefing)