- Trade perps
- Airdrop confirmed
- Chain: Ethereum
What is Katana?
Katana is a blockchain made just for DeFi. Its focused application architecture is meant to provide deeper liquidity and higher yields. Katana doesn’t split liquidity across many protocols. Instead, it channels all activity through one lending protocol (Morpho) and one spot DEX (Sushi), with hundreds of apps building on top of them.
This focused approach brings in money from several sources, such as Vault Bridge, sequencer fees, and Agora USD revenue. This money then flows back as rewards across Katana’s main apps. The chain uses Agglayer to make it easy for users to join from other chains and ZK proofs to check state transitions, so users can leave without having to wait long.
The KAT token makes the ecosystem work. Users who lock KAT will get vKAT (voting KAT), which is what keeps the chain’s economy going by rewarding people who work together with fees. The vKAT system will go live at the same time as the vKAT Armory staking UI.
Katana Airdrop Details
KAT tokens are now live and transferable following the Katana Token Generation Event. Users who earned KAT during the crates campaign or through staking can now transfer, stake, or deploy their tokens.
The project has set aside 20% of the initial supply of 10 billion KAT for user liquidity mining and 15% for community airdrops. This means that 3.5 billion KAT will be available to participants.
Key Parameters:
- Airdrop Allocation: 15% community airdrops + 20% liquidity mining (3.5B KAT)
- Distribution Method: Liquidity mining rewards, pre-staking yield, quest XP/badges
- Vesting Schedule: Pre-staking offers 35% guaranteed yield over 60 days post-TGE
You can earn KAT mainly in three ways: by providing liquidity through Katana Earn (which is backed by 1 billion KAT in mining rewards), by pre-staking KAT tokens, or by completing quests in the app. Pre-stakers who commit before TGE get bigger rewards. The first 350 million KAT staked will earn a guaranteed 35% return over 60 days, plus vKAT top-ups.
Katana Perps Launch with Season 1 Points Program
Katana has launched its native perpetual DEX following the acquisition of IDEX, with Season 1 points now live. The platform is currently invite-only, with access codes distributed through partners and official channels.
How to Participate:
- Obtain an invite code from Katana’s official channels or partners
- Visit Katana Perps and connect your wallet
- Trade to accumulate points during weekly 7-day sprints
- Reach $50,000 notional trading volume to unlock referrals and receive 10 invite seats
Points Structure:
- Organic Trading – Points awarded for genuine trading activity; wash trading and self-dealing do not count
- Sustained Participation – Consistent weekly activity unlocks additional benefits over sporadic trading
- Referral Activity – Earn points based on referred users’ trading volume, alongside direct USDC referral commissions
Weekly Schedule
Points operate on a 7-day sprint cycle with activity snapshots taken every Thursday at 00:00 UTC and points distributed the following Friday at 00:00 UTC.
Season transitions and any changes to point weightings or bonus multipliers will be announced in advance.
Latest Update: Katana Quests Phase 2 Monthly Prize Draw
Phase 2 of Katana Quests opened on July 1, with the first monthly draw set for August 1. The campaign marks one year since Katana mainnet launch and runs as a prize draw where XP from onchain activity converts into entries. Every XP point counts as one ticket, and 10 winners share a prize pool worth roughly $12,500. Top prize is about $10,000, with nine more prizes below it. All payouts are made in vKAT, and the dollar figures are indicative.
Earn XP on Katana
- Open the Katana app and complete the Foundation quest. This is a one-time requirement to qualify for the draw.
- Earn XP daily by staking, trading, borrowing, lending, or providing liquidity. You can purchase the assets you need directly from Binance or bridge them using Rhino.fi bridge.
- Keep the activity running through the month. More activity means more tickets, though each ticket has the same chance of winning.
Full mechanics are covered in the Katana Quests Phase 2 announcement.
Katana Perps Competition 5
Competition 5 on Katana Perps starts July 10, 2026 at 16:00 UTC, with up to $100,000 in vbUSDC prizes awarded based on total trading volume during the event.
Enter Competition 5
- Opt in on the competition page and connect your wallet
- Deposit at least $250 in vbUSDC to qualify
- Trade across available markets to build qualifying volume before the competition closes
Prizes split between a Volume Pool, paid pro-rata on qualifying volume, and a PnL Leaderboard covering the top wallets by percentage gain. Self-referrals, wash trading, and market maker partner wallets are disqualified.
How to Participate in Katana & Earn KAT
Step 1: Get Assets Ready
Purchase ETH or other supported assets from Binance and bridge them to Katana using Rhino Bridge or Katana’s built-in cross-chain routing. The app handles bridging automatically when you deposit, so you can also start directly from any EVM wallet.
Step 2: Earn Yield on Katana Earn
Visit the Katana Earn page and connect your wallet. Browse the curated list of tokens ranked by volume, top earners, and 24-hour trends. Each token shows available earning strategies with clear APYs and capacity.
Select a strategy and deposit in one transaction — Katana’s Trails orchestration handles bridging, routing, and depositing behind the scenes. Returns come from real on-chain yield (e.g., lending demand) plus KAT emissions where applicable, shown separately.
Step 3: Stake KAT for Boosted Rewards
Go to the Katana staking page and connect your wallet. You’ll see your KAT balance and a live counter showing progress toward the 350M guaranteed yield cap.
Enter your amount (minimum 100 KAT), approve your tokens in one small transaction, and you’re committed. Pre-stakers earn a boosted share compared to manual stakers — the first 350M KAT staked gets a guaranteed 35% over the first 60 days plus vKAT top-ups.
Step 4: Complete In-App Quests
Navigate to the Quests section on Katana, verify your wallet, and connect your X account. Complete quests to earn XP and badges that track real on-chain actions.
Season 1 quests include:
- First swap on Katana
- First deposit
- ETH or WBTC swap
- Weekly activity challenges
More quests are unlocking soon, and on-chain behavior directly impacts your standing on the leaderboard.
How to Deposit in Turtle Club Vaults & Earn KAT, Yield & Turtle Shells
Following the katana Krates campaign closure, participants can earn rewards through Turtle Club vaults with full reward calculation visibility.
Step 1: Choose your preferred vault
Step 2: Enter your deposit amount
Step 3: Approve and confirm the transaction
To earn full $KAT rewards, assets must be deposited for 3 months, but there’s no hard lock.
Frequently Asked Questions
Did Katana already launch its token?
Yes. $KAT went live on March 18, 2026, after a delayed TGE that pushed past the original February 20 target to align with major CEX Earn integrations.
Can I still earn KAT?
Pre-staking pays a guaranteed 35% yield over 60 days for the first 350M KAT staked, plus 3x voting weight for the first 8 weeks. Katana Earn distributes 1B KAT in liquidity mining over two years via Sushi LPs and Morpho lending. The Quests system pays out for on-chain activity. Turtle Club vaults reward 3-month deposits with KAT, real yield, and Turtle Shells.
What is vKAT and why lock my KAT?
vKAT is voting-escrowed KAT — lock KAT 1:1 to receive vKAT, which votes weekly on which liquidity pools get emissions. Voters earn fees from the pools they back. It’s a modified ve(3,3) design where sustained activity replaces emissions farming. As the chain scales, sequencer fees and vault returns can phase out emissions entirely.
Conclusion
For active farmers, the opportunities haven’t dried up. Pre-staking still pays 35% guaranteed yield over 60 days for the first 350M KAT, Katana Earn distributes 1B KAT in mining rewards over two years, and Katana Perps just launched Season 1 points alongside a $100K trading comp running May 6-12. vKAT mechanics route fees to long-term lockers, which gives the patient an edge over the flippers.
You're interested in more projects that do not have any token yet and could potentially airdrop a governance token to early users in the future? Then check out our list of potential retroactive airdrops to not miss out on the next DeFi airdrop!
