$KAT is quietly building an interesting DeFi thesis.
Katana is an Ethereum Layer-2 built specifically for DeFi, designed to concentrate liquidity instead of spreading it across countless protocols. It was incubated by Polygon Labs and GSR.
The network is already live, with $240M+ in pre-deposits, while Katana Perps is approaching $1B in cumulative trading volume.
Its model is interesting: 100% of net sequencer fees are recycled into Chain-Owned Liquidity, aiming to deepen markets and improve execution over time.
Small cap. Real infrastructure. Growing activity.
$KAT is one to keep on the radar.
#kat #katana #defi #crypto