Why Katana Is Not An L2, It's A DeFi Super App episode artwork

EPISODE · Mar 31, 2026 · 1H 3M

Why Katana Is Not An L2, It's A DeFi Super App

from The Edge Podcast · host DeFi Dad

Matthew Fisher is CEO of Katana.Many L2s have launched, hoping the apps show up. Katana is taking a different approach, building apps itself and designing the economic engine from day one to make this all possible.In this episode, Matthew breaks down how vaultbridge assets like vbETH and vbUSDT redirect real yield from Ethereum Mainnet to active DeFi participants on Katana, why they acquired the team behind IDEX to launch Katana Perps, and their roadmap to onboard major liquidity from CEXs like OKX and fintechs like Revolut who can route liquidity through Katana for yield.------💎 THIS EPISODE'S PARTNERS🔒 KPK | Best risk-adjusted yield through automated vaults🕛 NOON | The highest and safest stablecoin yield, built for the long term🌅 NEUTRL | The next generation of crypto-native yield🛡️ ACCOUNTABLE | Real-time financial verification👻 MANTLE | Aave V3 is live on Mantle🐡 PUFFER INSTITUTIONAL | ETH staking solutions for scale⚙️ GEARBOX PROTOCOL | Onchain lending reimagined------⏱️ TIMESTAMPS0:00 - Intro2:04- Matthew’s background in DeFi6:24 - Katana’s origin story10:25 - vbTokens and why yield goes to DeFi participants, not holders12:00 - How the vaultbridge actually works with Morpho on Ethereum17:38 - Vitalik’s L2 comments and Ethereum alignment21:50 - How Katana can win over users as a DeFi hub25:12 - IDEX acquisition and Katana Perps launch28:06 - 5 revenue-generating businesses for one network30:55 - Built for both retail and institutions32:51 - ve(3,3) flywheel at the network level on Katana44:35 - KAT vs vKAT vs avKAT48:08 - OKX Earn and Binance programs powered by Katana52:29 - Katana’s endgame to tap into fintech liquidity54:32 - Why Katana is strategically aligned with Polygon59:20 - What Matthew's most excited for in 6-12 months1:01:26 - Closing------🔗 GUEST LINKS► Katana website: https://katana.network/► Katana on X: https://x.com/katana► Katana Perps website: https://perps.katana.network/► Katana Perps on X: https://x.com/katanaperps► Matthew on X: https://x.com/mfisher10x------🎙️ MORE FROM THE EDGE PODCAST AND EDGE NEWSLETTER► Newsletter: https://the-edge.xyz► Apple: https://tinyurl.com/edgepod► Spotify: https://tinyurl.com/edgepodspotify► Linktree: https://linktr.ee/edge_pod► Follow DeFi Dad: https://x.com/DeFi_Dad► Follow Nomatic: https://x.com/Nomaticcap► Learn DeFi: http://defidad.com/------DISCLAIMER: Nothing said on The Edge Podcast is a recommendation to buy or sell tokens or securities. This content is for educational and entertainment purposes only. Nothing shared here is financial advice. Any views expressed by hosts or guests on the show are solely their opinions. Always do your own research. DeFi Dad, Nomatic, and guests may have positions in the assets or other matters discussed in this podcast. DeFi Dad earned ~$500 of KAT in the airdrop and voluntarily staked it as avKAT in a demo edited into the pod. Katana has been a sponsor of The Edge Podcast but we do not accept paid guest slots. We believe Katana has an interesting story given its use of vbAssets and ve(3,3) mechanics at the network level.

Matthew Fisher is CEO of Katana.Many L2s have launched, hoping the apps show up. Katana is taking a different approach, building apps itself and designing the economic engine from day one to make this all possible.In this episode, Matthew breaks down how vaultbridge assets like vbETH and vbUSDT redirect real yield from Ethereum Mainnet to active DeFi participants on Katana, why they acquired the team behind IDEX to launch Katana Perps, and their roadmap to onboard major liquidity from CEXs like OKX and fintechs like Revolut who can route liquidity through Katana for yield.------💎 THIS EPISODE'S PARTNERS🔒 KPK | Best risk-adjusted yield through automated vaults🕛 NOON | The highest and safest stablecoin yield, built for the long term🌅 NEUTRL | The next generation of crypto-native yield🛡️ ACCOUNTABLE | Real-time financial verification👻 MANTLE | Aave V3 is live on Mantle🐡 PUFFER INSTITUTIONAL | ETH staking solutions for scale⚙️ GEARBOX PROTOCOL | Onchain lending reimagined------⏱️ TIMESTAMPS0:00 - Intro2:04- Matthew’s background in DeFi6:24 - Katana’s origin story10:25 - vbTokens and why yield goes to DeFi participants, not holders12:00 - How the vaultbridge actually works with Morpho on Ethereum17:38 - Vitalik’s L2 comments and Ethereum alignment21:50 - How Katana can win over users as a DeFi hub25:12 - IDEX acquisition and Katana Perps launch28:06 - 5 revenue-generating businesses for one network30:55 - Built for both retail and institutions32:51 - ve(3,3) flywheel at the network level on Katana44:35 - KAT vs vKAT vs avKAT48:08 - OKX Earn and Binance programs powered by Katana52:29 - Katana’s endgame to tap into fintech liquidity54:32 - Why Katana is strategically aligned with Polygon59:20 - What Matthew's most excited for in 6-12 months1:01:26 - Closing------🔗 GUEST LINKS► Katana website: https://katana.network/► Katana on X: https://x.com/katana► Katana Perps website: https://perps.katana.network/► Katana Perps on X: https://x.com/katanaperps► Matthew on X: https://x.com/mfisher10x------🎙️ MORE FROM THE EDGE PODCAST AND EDGE NEWSLETTER► Newsletter: https://the-edge.xyz► Apple: https://tinyurl.com/edgepod► Spotify: https://tinyurl.com/edgepodspotify► Linktree: https://linktr.ee/edge_pod► Follow DeFi Dad: https://x.com/DeFi_Dad► Follow Nomatic: https://x.com/Nomaticcap► Learn DeFi: http://defidad.com/------DISCLAIMER: Nothing said on The Edge Podcast is a recommendation to buy or sell tokens or securities. This content is for educational and entertainment purposes only. Nothing shared here is financial advice. Any views expressed by hosts or guests on the show are solely their opinions. Always do your own research. DeFi Dad, Nomatic, and guests may have positions in the assets or other matters discussed in this podcast. DeFi Dad earned ~$500 of KAT in the airdrop and voluntarily staked it as avKAT in a demo edited into the pod. Katana has been a sponsor of The Edge Podcast but we do not accept paid guest slots. We believe Katana has an interesting story given its use of vbAssets and ve(3,3) mechanics at the network level.

NOW PLAYING

Why Katana Is Not An L2, It's A DeFi Super App

0:00 1:03:10

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

Frequently Asked Questions

How long is this episode of The Edge Podcast?

This episode is 1 hour and 3 minutes long.

When was this The Edge Podcast episode published?

This episode was published on March 31, 2026.

What is this episode about?

Matthew Fisher is CEO of Katana.Many L2s have launched, hoping the apps show up. Katana is taking a different approach, building apps itself and designing the economic engine from day one to make this all possible.In this episode, Matthew breaks...

Can I download this The Edge Podcast episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.
URL copied to clipboard!