
Katana, the new Layer 2 blockchain, aired on the mainnet with over $200 million in former residents sales just weeks after the public disclosure, one of the most capital debuts in any Layer 2 network this year, according to the announcement on Monday.
The Polygon Agglayer Breakout program graduates, developed by Katana Foundation, aim to support high-yield diversified financial activities on a large scale. Katana integrates with a decentralized exchange sushi and loan scheme Morpho to provide incentives for liquidity providers.
Unlike the traditional model of issuing new tokens to incentivize participation, Katana’s design integrates yields from a variety of sources, including Vaultbridge Strategies, which enables users to win yields from local Ethereum, liquidity (COL) reserves owned by the chain and AUSD BADEARERY BOADERURY FORESURY liquidity in Katana’s ecosystem.
Through its launch partner Universal Studios, Katana allows trading of popular non-Ethereum Virtual Machine tokens (such as SOL) (SOL) (SOL) (sol), xrp(XRP) and sui (Sui) Direct on chain. Universal is also integrated with Coinbase Prime to support agency-level custody and support the minting of assets without the need for decentralized pre-exchange liquidity.
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Speaking to Cointelegraph, Polygon Labs CEO Marc Boiron said Katana’s main goal is to “address liquidity needs in the Agglayer ecosystem while meeting users’ demand for deeper liquidity and higher yields.”
He added: “The assets are not only idle – they are actively deploying, driving real usage, sequencer fees and application-level fees, all of which restore deeper liquidity.”
Katanapol) Symbolic stakers, including those holding liquid pile derivatives. The move is designed to reward early supporters and deepen its connections to the wider modular Ethereum ecosystem.
Katana measures asset effectiveness through productive TVL
Katana introduces a new benchmark to measure Defi capital efficiency: Productive Total Value Lock (TVL). Unlike traditional metrics that track idle asset deposits, productive TVL only considers capital actively deployed to generate strategies or core bias protocols. Before its mainnet was released, Katana accumulated more than $200 million on productive TVL.
Katana said its coordinated return mechanism turns passive capital into a self-swirling economic engine. Vault bridge redirected bridge assets such as Ether (eth), USDC (USDC), USDT (USDT) and WBTC (WBTC) Enter the external chain yield position, mainly on Ethereum. These returns are looped back into Katana’s OnChain Defi pool, thus benefiting users who keep their assets shipped. The liquidity held by the chain is designed to ensure continuous recovery of serial fees into liquidity reserves.
Boiron explained the benefits of “productive TVL” for Cointelegraph, saying “a clearer understanding of what is actually happening behind the scenes”.
“This reflects actual use, economic efficiency and long-term sustainability,” he added.
The launch comes after recent advances in Defi infrastructure Including Agora’s Ausda custodial stability that returns from the U.S. Treasury and the repurchase market to the Samurai Pavilion agreement. These streams, along with Katana’s smart earnings routing, form the basis of its productive TVL model.
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