PANews, March 23: According to The Block, Polygon Labs has acquired the decentralized exchange IDEX, in collaboration with GSR’s Ethereum scaling network Katana, and has launched the perpetuals platform Katana Perps using IDEX’s matching engine. As an early hybrid “DeFi-CeFi” exchange, IDEX will provide Katana Perps with order book matching and AMM liquidity infrastructure. Katana stated that this move is part of its strategy to “build a more robust tech stack and revenue streams,” aiming to complete its infrastructure setup before regulatory frameworks create space for on-chain perpetuals. Katana’s mainnet has already launched on a customized version of OP Stack and is integrated with Polygon AggLayer. Initial market-making support for Katana Perps is provided by GSR, Selini Capital, and Auros.
Polygon's Katana Acquires DEX IDEX to Launch a Perpetuals Platform
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Summary
Katana, an Ethereum scaling network backed by Polygon Labs, has acquired the DEX IDEX and launched Katana Perps, a perpetuals platform powered by IDEX’s matching engine. IDEX will provide order-book and AMM liquidity for the new platform. Katana aims to gain greater control over its technology stack and revenue streams ahead of potential regulatory developments on-chain. Initial liquidity is provided by GSR, Selini Capital, and Auros. This token launch marks a significant step in Katana’s infrastructure expansion.
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