Katana is a chain designed specifically for DeFi. It rethinks DeFi to offer what users care about most: deeper liquidity and higher yields, all in a sustainable way. This is accomplished through mechanisms that ensure all liquidity on Katana is absorbed in a single lending protocol (Morpho), one spot DEX (Sushi), and one perp DEX (Vertex). These are the core applications on Katana, with hundreds of applications built on top of them. This is achieved through a unique approach to maximizing yield, which can be used as incentives for the core applications, including from VaultBridge, sequencer fees, and Agora USD revenue.