Ask about Katana
Logo of KatanaKatana
Total Value Locked$1.4m

TVL by Chain

Solana$1.4m

Key Metrics

Total Raised$5m

Mar 11, 2022$5mRound: SeedInvestors: Framework Ventures, Founders Fund, Electric Capital, Protofund, Coinbase Ventures, Solana Ventures, Amber Group, MGNR, Reverie, Alameda Research, CMS Holdings, QCP Capital, Jason Choi, Darren Lau, Daryl Lau, Chris McCann, Joey Santoro, SplitCapital, Armani Ferrante, SolBigBrain, Tristan0x, 0xrooter, davijlu, cindyleowtt, Joe McCann, Jason Shah, bernard chan, tony_intern, MF_Sutton

Protocol Information

Katana is a yield generation protocol on Solana designed to generate sustainable yield from automated option strategies.

Category:Options Vault

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Latest from DefiLlama Research

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Katana: Bringing ve(3,3) to the Chain Level

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The Katana Flywheel: Rethinking Incentives and Liquidity for Sustainability

November 6, 2025

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Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Competitors

Ribbon ($3.41m)Chest Finance ($629,485.89)Friktion

Frequently Asked Questions

What is Katana?

Katana is a yield generation protocol on Solana designed to generate sustainable yield from automated option strategies.

What is Katana's TVL?

Katana currently has $1.4m in total value locked. TVL has decreased 5.7% over the past 30 days.

What chains does Katana operate on?

Katana operates on Solana. Solana holds the largest share at 100%.

How does Katana's TVL compare to similar protocols?

Among Options Vault protocols tracked by DefiLlama, Katana ranks #4 by TVL. The category holds $30.86m across 18 protocols, and Katana accounts for 4.5% of that total. Other leading protocols include Rysk Finance, Ribbon Finance, and Typus Finance.