Polygon ecosystem DeFi public chain Katana acquires decentralized exchange IDEX

According to The Block, Polygon Labs and GSR's incubated Ethereum scaling network Katana has acquired the decentralized exchange IDEX and launched the perpetual contract platform Katana Perps based on its matching engine.

As an early hybrid "DeFi-CeFi" exchange, IDEX will provide order book matching and AMM liquidity infrastructure for Katana Perps. Katana stated that this move is part of its strategy to "own more technology stack and revenue," aiming to complete infrastructure layout before regulations open up space for on-chain perpetual contracts. The Katana mainnet has previously launched based on a customized version of OP Stack and is connected to Polygon AggLayer; in the initial phase of Katana Perps, market-making support is provided by GSR, Selini Capital, and Auros.