LayerZero V2 is a cross-chain messaging protocol and bridge infrastructure for developers and asset issuers, connecting dozens of blockchains.
TVL $16.7B+8.9%Polygon · Ethereum · ApeChain +76
Ecosystem guide
The Katana ecosystem
The best dApps on Katana by sector: DeFi, games, NFTs and more. 27 projects tracked, 27 reviewed in full.
Full Katana ranking →- dApps
- 27
- Reviewed
- 27
- TVL tracked
- $31.4M
- Native token
- KAT
Katana is a DeFi-focused Layer 2 network built on Ethereum, incubated by Polygon Labs. Its design idea is to concentrate liquidity in a small core set of apps and assets rather than letting it fragment across many competing protocols. Chain-level revenue is meant to be recycled back into that liquidity. Ethereum-style apps such as SushiSwap V3 and Yearn Finance are deployed there, though you should check Katana's official documentation for technical details like network settings and the rollup stack.
The native token is KAT. Analyses of the project describe it as focused on governance and value capture. As with most Layer 2 networks, transactions cost a gas fee, usually much lower than on Ethereum mainnet. Check the official docs for which asset pays fees. At the time of writing, DeFi TVL on Katana is about $32.0M, so it is a small chain next to the big Ethereum networks.
The ecosystem leans heavily toward yield and liquidity management. Yearn Finance and Yearn Curating run vaults, SushiSwap V3 provides concentrated-liquidity trading, and Steer Protocol and Charm Finance V2 automate liquidity positions. Spectra V2 and its MetaVaults handle fixed yield and curated rollovers, and Concrete offers managed vaults. Teller (lending) and dTRINITY dUSD (stablecoin) round things out. Our site lists 27 dApps connected to the chain, and many of them also operate on other networks.
Katana ecosystem in numbers
- Tracked
- 27
- Reviewed
- 27
- Total TVL
- $34.1B
- Avg. score
- 7.0/10
Largest by TVL
- 1
LayerZero V2$16.7B
- 2
Morpho Blue$10.9B
- 3
Steakhouse Financial$2.76B
- 4
Gauntlet$1.49B
- 5
Concrete$1.21B
Highest rated
- 1
- 2
- 3
- 4
vfat.io7.8
- 5
Yearn Finance7.6
Reviewed
Top-rated dApps on Katana
Morpho Blue is a permissionless lending primitive with about $11.4 billion in TVL on DefiLlama, accessed mainly through curated vaults.
TVL $10.9B+4.0%Ethereum · Base · Robinhood Chain +41
Gauntlet is a DeFi risk manager that curates non-custodial yield vaults for fintechs, exchanges, wallets and asset managers.
TVL $1.49B−2.9%BNB Chain · Base · Ethereum +11
vfat.io is a non-custodial, multi-chain yield aggregator and portfolio manager built on the Sickle smart contract wallet, for active DeFi farmers.
TVL $31.4M−2.2%Base · Ethereum · Hyperliquid L1 +33
Yearn Finance is a DeFi yield aggregator whose automated vaults deposit crypto into on-chain strategies to earn compounding yield for self-custody users.
TVL $149M−2.7%Ethereum · Katana · Base +4
Sequence is a developer infrastructure stack for smart wallets, 1-click cross-chain payments and real-time multi-chain data on EVM networks.
Ethereum · Arbitrum · Avalanche +6
By sector
Best Katana dApps by sector
DeFi on Katana18
- 1
- 2
- 3
- 4
- 5
Yearn Curating7.5
NFT on Katana1
- 1
OmniHub6.3
Gambling on Katana1
- 1
Ample5.5
Infrastructure on Katana7
- 1
- 2
Sequence7.6
- 3
- 4
Lagoon7.3
- 5
Symbiosis7.2
Tokens
Top tokens on Katana
Katana's native coin is Katana (KAT). The largest tokens with a contract on Katana, by market cap.
| # | Token | Price | 24h | 7d | Market cap | Volume 24h |
|---|---|---|---|---|---|---|
| 17 |  ChainlinkLINK | $10.81 | −6.3% | −2.8% | $8.29B | $364M |
| 61 |  MorphoMORPHO | $2.09 | −7.0% | +1.1% | $1.47B | $20.6M |
| 194 |  AUSDAUSD | $0.9990 | −0.0% | +0.0% | $156M | $13.2M |
| 281 |  Frax USDFRXUSD | $1.00 | −0.0% | −0.0% | $95.0M | $11.4M |
| 416 |  SushiSUSHI | $0.1849 | −4.4% | −2.8% | $53.0M | $3.51M |
| 583 |  Frax Staked frxUSDSFRXUSD | $1.22 | +0.0% | +0.1% | $34.8M | $688K |
| 1063 |  UnityUTY | $0.9988 | — | +0.0% | $13.0M | — |
| 1179 |  YieldFi yTokenYUSD | $0.9985 | 0.0% | 0.0% | $10.9M | — |
| 2955 |  dTRINITY USDDUSD | $0.9986 | +0.0% | +0.0% | $1.09M | $15.7K |
| 3029 |  Autocompounding Voting KATAVKAT | $0.004814 | −4.2% | −16.6% | $1.01M | $2.75K |
| 4835 |  Reservoir rUSDRUSD | $0.9988 | −0.5% | +0.6% | $228K | $367 |
Guides
Katana guides
DeFi
Katana DEX on Ronin: Why It Ranks Up and What to CheckKatana was a native decentralized exchange on Ronin, the gaming chain built for Axie Infinity. This explainer covers what it was, what drives a DEX up ranking tables, and how to check a Ronin-based exchange's current status and liquidity before you use it.
DeFi
Katana, Raydium and Uniswap: Judging Debut-Week DEX ClaimsA reported Katana debut on Stellar supposedly beat Raydium and Uniswap in its first week. This guide explains what a claim like that would need to show, how DEX volume is measured, and how to check launch-week rankings yourself.
Blockchain
Blockchain Examples and How They WorkLearn how blockchains record and verify transactions, how consensus keeps a shared ledger in sync, and how Bitcoin, Ethereum and other networks put the technology to work. See practical examples, key trade-offs and ways to assess whether a blockchain is a good fit.
Blockchain
Blockchain for Data: Uses, Limits and How It WorksBlockchains can create shared records that are difficult to alter, but they are not a general-purpose replacement for databases or file storage. Learn what belongs on-chain, how blockchains connect to outside data, and when the trade-offs make sense.
Blockchain
Casper Network and CSPR: A Practical Guide for 2026Casper Network is a proof-of-stake blockchain, and CSPR is its native token. This guide explains the network’s purpose, how CSPR is used, and what to check before staking or transacting.
Blockchain
Cosmos Network Guide: Chains, IBC and ATOM in 2026Cosmos is an ecosystem of independent blockchains, not one chain that processes every app and token. Learn how the Cosmos Hub, Cosmos SDK and IBC fit together, what ATOM does, and how to assess transfers, staking and risks in 2026.
Katana FAQs
What is Katana?
Katana is a Layer 2 network built on Ethereum that focuses on decentralized finance. Sources describe it as incubated by Polygon Labs. Its stated aim is to pool liquidity in a small set of core apps and assets instead of spreading it across many competing ones.
What is the KAT token used for?
KAT is Katana's native token. Analyses of the project describe it as centered on governance and value capture. Check the project's official documentation for the current token utility and for which asset pays network gas fees.
Which dApps are on Katana?
On our site, Yearn Finance, Yearn Curating, SushiSwap V3, the Spectra products, Steer Protocol, Charm Finance V2, Concrete, Teller and dTRINITY dUSD all list Katana among their supported chains. Our hub page shows 27 dApps in total, and you can filter them by category.
How much value is locked on Katana?
About $32.0M at the time of writing. This number changes daily, so treat it as a snapshot. The much larger TVL figures shown beside some dApps, such as Morpho Blue or LayerZero V2, are totals across every chain they support, not Katana alone.
Can I use my Ethereum wallet on Katana?
Not necessarily. Katana is an Ethereum-based network and hosts apps that also run on Ethereum, such as SushiSwap V3 and Yearn Finance. Wallet and network settings still differ by chain, so confirm them in Katana's official docs before you bridge or sign anything.
What are the risks of using dApps on Katana?
The usual DeFi risks apply: smart contract bugs, bridge risk when moving funds in, and changing yields or incentives. Katana is a young network with a modest TVL, so liquidity can be thinner than on larger chains. Read each dApp's audits and documentation, and only commit money you can afford to lose. This page is not financial advice.
What is the largest dApp on Katana by TVL?
LayerZero V2 is the largest dApp on Katana by total value locked, with $16.7B across all the chains it supports. It is followed by Morpho Blue ($10.9B) and Steakhouse Financial ($2.76B). TVL figures come from DefiLlama and change daily.
Which dApp on Katana has the highest DappsAtlas score?
LayerZero V2 has the highest score at 8.0/10, ahead of Morpho Blue (8.0) and Gauntlet (7.8). Scores weigh security, ease of use, fees and features, and are based only on facts we could verify.
How many dApps are on Katana?
DappsAtlas tracks 27 dApps on Katana. Of these, 27 have a full review and 25 report value locked, $34.1B in total, counting value on every chain they support.
What are the most common types of dApps on Katana?
Risk Curators (5), Onchain Capital Allocator (4) and Yield Aggregator (3) are the largest categories on Katana, by number of projects.
Which dApps on Katana grew the most this week?
Among dApps with at least $1M locked, LayerZero V2 had the biggest 7-day TVL gain (+8.9%) and Hyperithm the biggest drop (−7.5%). Combined TVL moved +5.7% over the same seven days.
What is the average score for dApps on Katana?
The 25 rated dApps on Katana average 7.0 out of 10. Of these, 2 score 8 or higher and 0 score below 5.