Katana Acquires IDEX to Bolster DeFi Services

Katana, a DeFi-focused rollup built on the Polygon network, has made significant strides in its development by acquiring decentralized exchange IDEX. This acquisition marks a pivotal moment for Katana as it positions itself as a central hub for liquidity within the Agglayer ecosystem.

The integrated perpetual trading platform is now live, enabling traders to access leveraged long and short positions on major crypto pairs without expiry. This move aligns with the broader trend of growing demand for on-chain leverage in the crypto market.