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Polygon Labs and GSR have jointly launched Katana Blockchain, which will focus on DeFi

BlockBeats News, July 1st, according to DL News, Polygon Labs has partnered with crypto trading firm GSR to launch a brand new Ethereum ecosystem blockchain focused on Decentralized Finance (DeFi).

This blockchain, named Katana, aims to address the two most pressing issues in the space: unsustainably high yields driven by token inflation and the fragmentation of digital assets across dozens of blockchains and hundreds of applications.

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On-Chain Activity

5h ago

SolanaDoomer opened a short position on 500 BTC with 40x leverage, with cumulative historical profits of approximately $21.32 million.

6h ago

Trader AguilaTrades' 40x BTC short position is only 0.44% away from liquidation, with cumulative losses of approximately $39.09 million.

6h ago

Strobe Fund completes ENA liquidation, distributing total sales of approximately $32.95 million

8h ago

F2Pool co-founder Wang Chun withdrew and staked 3,996 ETH, valued at $8.23 million.

24H Important News

2026-11-12

Nasdaq gains expand to 2%, Philadelphia Semiconductor Index surges 7%, CoreWeave jumps over 25%.

Aave V3.8 adds reentrancy protection to pools, now live on 15 V3 markets.

Berkshire outperformed the S&P 500 by about 19.2 percentage points over the past month, marking its largest rolling monthly excess performance since 2010.

Trader AguilaTrades' 40x BTC short position is only 0.44% away from liquidation, with cumulative losses of approximately $39.09 million.

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