Katana acquired decentralized exchange IDEX and launched a new perpetual futures product. The move expands Katana beyond its original role as a blockchain infrastructure project into onchain trading and market infrastructure. Katana Perps launches with backing from market makers including GSR, Selini Capital and Auros. Katana, a blockchain project incubated by Polygon Labs and GSR,…
Everlong, a synthetic liquidity and yield protocol for Bitcoin and Ethereum, has closed a strategic investment round backed exclusively by GSR. The funding marks a notable bet on synthetic liquidity as a new DeFi building block, especially as protocols search for sustainable yield sources without adding systemic leverage. The protocol allows users to earn organic,…
As Pump.fun’s revenues plunge and traders abandon its once-dominant memecoin launchpad, a new player is rising with a different philosophy. Kensei, a reputation-based memecoin launchpad, officially goes live on Katana, a DeFi-optimized Layer 2 incubated by Polygon Labs and GSR. While Pump.fun falters, memecoin interest remains sky-high, with one influencer who coined the term “memecoin…