Katana blockchain acquires IDEX, launches perps

Katana, a blockchain incubated by Polygon, has announced its acquisition of IDEX, a decentralized exchange. This strategic move aims to enhance Katana's offerings within the decentralized finance (DeFi) space. Alongside the acquisition, Katana is launching a new perpetual futures offering, expanding its product suite. This development is expected to attract more users and liquidity to the Katana ecosystem, further solidifying its position in the competitive blockchain landscape. The integration of IDEX's technology and user base is anticipated to accelerate Katana's growth and innovation.