Katana Launches Perpetuals Trading Competition on Polygon CDK
Katana Launches Perpetuals Trading Competition on Polygon CDK
🏆 Katana perps competition begins
Katana has launched a perpetuals trading competition, powered by Polygon CDK infrastructure.
This follows Katana's Token Generation Event (TGE) in March, where the platform demonstrated its unique approach to value distribution:
- Generated over $3.8M in chain revenue
- Revenue is rerouted directly back to active users
- POL stakers can claim their allocation at app.katana.network
Katana is built on Polygon CDK, leveraging the Chain Development Kit for its perpetuals trading platform. The competition marks a significant milestone in the platform's growth following its recent token launch.
The @katana perps trading competition is live. Powered by Polygon CDK.
$25,000 vbUSDC base pool, scaling up to $100,000 based on weekly volume. Volume leaderboard and PnL leaderboard both paying out across every market. 1 week only. Opt in on the Trading Competition page to join the competition. perps.katana.network/rewards/compet…
Polygon Cuts Block Time to 1.75s — First Reduction Since Genesis
Polygon has deployed a chain upgrade that reduces block time to **1.75 seconds**, marking the first decrease since the network's launch. The improvement delivers **14% more payments per second** across the network. This follows the recent Giugliano Upgrade which brought 2-second faster transaction finality and 4x higher peer-to-peer throughput under load. The timing aligns with Polygon's broader payment infrastructure expansion, including: - Trails v1.5 enabling 1-click composable payments - Meta launching USDC creator payouts on Polygon - Modern Treasury adding Polygon as a native payment rail - Network stablecoin supply reaching $4.3B (up 13.33% month-over-month) The block time reduction strengthens Polygon's position as payment infrastructure, processing transactions faster while supporting growing enterprise adoption.
Polygon Launches Private Payments for USDC and USDT
Polygon has introduced **shielded payment capabilities** for USDC and USDT on its network, enabling private transactions on-chain. **Key Features:** - Private payment gateway now operational on Polygon Chain - Supports USDC, USDT, and POL tokens - Uses zero-knowledge technology to shield transaction details This development allows users to conduct stablecoin transactions while maintaining privacy, addressing a growing demand for confidential payment options in decentralized finance. The feature builds on Polygon's existing infrastructure to provide an accessible private payment solution. [Read full details](https://thedefiant.io/news/blockchains/polygon-launches-shielded-usdc-and-usdt-payments)
Major DeFi Tokens Now Execute in Single Transaction
**Single-Transaction Execution Now Live** Major stablecoins and DeFi tokens including USDC, USDT, and DAI can now be signed and executed in a single transaction. **Key Benefits:** - Eliminates multi-step transaction processes - Streamlines token transfers across the ecosystem - Reduces friction in DeFi operations This development builds on recent cross-chain capabilities where users have successfully sent tokens to multiple chains without manual bridging or app switching.
One-Click Multi-Chain Transactions Now Live
A new tool enables users to execute multiple blockchain operations simultaneously with a single click. The platform combines bridging assets between chains, token swaps, and transaction settlements into one streamlined action. **Key features:** - Bridge assets across different blockchains - Swap tokens - Settle transactions - All operations bundled into one click This development builds on previous crosschain functionality that allowed users to swap and bridge while topping up gas fees and sending to different addresses.