Katana Perps
PerpsWe farm it
Non-custodial perpetual futures exchange built natively on the Katana chain, with an offchain order book and onchain settlement.
- Perps settled natively on the Katana chain; off-chain order book and matching, onchain custody
- Crypto markets: BTC, ETH, SOL, XRP, DOGE, TAO, ZEC, KAT and MEGA
- USDC is the only collateral and all positions are cross margin
- Launch fees: 0.005% maker, 0.02% taker; trading and settlement are gas-free
- Points Season 1 is live with weekly distributions; referral sign-ups get 5% off fees
5.6 of 10
Seven criteria on a scale of 10, the fee and market numbers computed from the data. Compare it with other perp DEXs only. How we score
- Taker
- 0.02%
- Maker
- 0.005%
- Volume a day
- $31M
- Open interest
- $566K
- Rewards 8.0
- Points Season 1 with weekly drops; KAT liquidity mining pool
- Taker fee 7.4
- No taker fee is a 10, 0.07% or more is a 1. A venue that earns from the spread tops out at 7.
- Volume 1.2
- Average a day: $5M is a 1, $5B is a 10, on a log scale. Volume past ten times open interest does not count.
- Safety 4.0
- Live since Mar 2026, no public audit of the perps contracts
- Open interest 1.0
- $1M is a 1, $1B is a 10, on a log scale. Harder to farm than volume.
- Ease 8.0
- Session keys, gas-free, phone connect; needs USDC on Katana, 9 markets
- Access 8.0
- No KYC or invite; closed to US and Panama plus sanctioned places
- Click Connect Wallet with an EVM wallet; your address is your account
- Get USDC on the Katana chain
- Click Deposit, enter the amount and approve the transfer
- Pick a market, side and quantity, then confirm the order
- Set stop-loss and take-profit orders on the position
All positions are cross margin, so losses on one can liquidate the whole account. Matching runs off-chain on the exchange's engine while funds sit in a Katana smart contract. Withdrawals carry a fee for gas and bridging.
No security incidents found in our check of Oct 30, 2026.