The KAT token is yet to launch, but there's already a large increase in TVL over the past 24 hours reaching over $500M now. This is to farm the upcoming airdrop. The big issue with chains is that it fragments liquidity across apps, @katana unifies it. Sushi (spot), Morpho (lending), Vertex (perps), plus a yield bridge and T-bill stablecoin. Each part feeds the others. This makes it so 95%+ of TVL is productive vs the 50–70% you see on most other chains. I do own an allocation in Katana myself so looking forward to see this launch.(Daan Crypto Trades)