One thing is clear, @katana’ approach is catching attention + liquidity. Here is it’s 5 week performance👇 ➠ $384M TVL. Leading among chains launched in 2025 (20th across all chains) ➠ Ranking 25th in DEX trading volume ➠ COL earned almost $60K ➠ 75K+ users in just over 1 month ➠ Claimed #3 spot for @etherfi’s weETH on L2s (Behind @arbitrum & @base currently) ➠ Users can stack multiple rewards through @Lombard_Finance @turtledotxyz ➠ @turtledotxyz partnership added $232M into the ecosystem (You can also be eligible for $TURTLE airdrop) @katana is focused on DeFi & building around liquidity retention. 1/ Chain owned liquidity concept 2/ Core apps philosophy (focused ecosystem vs spreading thin) 3/ Profit sharing mechanisms that flow back to users See the problem they're addressing is real… Protocols attract liquidity with high APRs → Users farm & leave → TVL crashes → protocol struggles Breaking this pattern requires different incentive structures. That’s exactly what @katana is doing. They’re building for retention over extraction which is the right longterm play imo.