Katana Launches Public Mainnet With $200 Million TVL

Katana, a Layer 2 chain developed through Polygon’s Agglayer Breakout Program, has officially launched its public mainnet. This launch marks a significant milestone for the platform, which aims to provide unified, deep liquidity and sustainable yield generation. With over $200 million in productive Total Value Locked (TVL), Katana offers users a streamlined interface to bridge assets, earn yield, borrow, trade, and track rewards. At launch, supported assets include USD Coin (USDC), Tether (USDT), AUSD, and Ethereum (ETH), with Bitcoin (BTC) and other tokens set to be added shortly.

Katana integrates with leading DeFi protocols such as Yearn, Sushi, and Morpho, enhancing yield generation through its innovative “VaultBridge” and chain-owned liquidity model. Early users are already benefiting from Yearn V3 vaults, with additional incentives in the form of MORPHO and SUSHI tokens. The platform has allocated 1 billion KAT tokens, representing 10% of the total supply, for liquidity mining incentives over the next two years. These incentives are distributed across core applications, including 400 million KAT for SushiSwap, 250 million KAT for Morpho, and up to 350 million KAT for future initiatives such as a perpetual DEX, launchpad, and yield tokenization. Rewards are distributed in real-time through the Katana app but remain locked until KAT tokens become transferable, expected before February 20, 2026. Once transferable, KAT holders will be able to stake and vote on future emissions via vKAT.

Katana’s launch is part of a broader strategy to position itself as a scalable and sustainable new standard in DeFi. With over 30 DeFi apps live or coming soon, deep liquidity, and institutional-grade infrastructure from partners like Chainlink, Fireblocks, and Safe, Katana is well-equipped to meet the demands of the DeFi ecosystem. The platform’s integration with leading DeFi protocols and its innovative liquidity model are expected to attract a wide range of users, from individual investors to institutional players.

The launch of Katana’s public mainnet follows its private mainnet debut in late May and comes as scheduled, aligning with the platform’s announced plans for a public mainnet launch in late June. As a graduate of Polygon’s Agglayer Breakout Program, Katana has allocated 15% of its token supply for an airdrop to POL stakers, in line with the program’s requirements. This airdrop is part of a broader initiative to incubate and launch high-impact blockchain projects built on Agglayer and Polygon PoS. Katana’s launch follows earlier Agglayer projects, including Privado ID and Miden, further solidifying Polygon’s position as a leading player in the blockchain ecosystem.