Katana acquires IDEX and launches perpetual contract platform Katana Perps.

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According to ChainCatcher, as reported by The Block, Katana, a DeFi Ethereum scaling chain incubated by Polygon, announced the acquisition of IDEX, a decentralized exchange founded in 2017. The transaction amount was not disclosed.

IDEX will serve as the underlying infrastructure for the newly launched perpetual contract platform Katana Perps, which integrates spot liquidity, routing, and derivatives trading into a single on-chain environment, powered by market makers GSR, Selini Capital, and Auros.

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