Katana launches 'Katana Earn' on Binance Wallet, OKX; TVL surges $250M in a day

DeFi-focused blockchain Katana (KAT) has launched its "Katana Earn" service on Binance Wallet and OKX, the project announced on its official X account. The new service provides users with seamless access to Katana's native yield infrastructure, allowing them to deposit stablecoins such as USDC and USDT into Katana-based Morpho vaults directly from their exchange wallets and begin earning rewards immediately. Within just one day of its launch, over $250 million flowed into the SteakhouseFi and Gauntlet stablecoin vaults on Morpho. This influx has pushed the total value locked (TVL) in DeFi protocols within the Katana ecosystem past $500 million, marking an increase of approximately 109% in a single day.