Katana Perps — Design Components Overview
Understand how Katana Perps combines an off-chain order book and matching engine with on-chain custody and settlement for decentralized perpetual trading.
Hybrid Exchange Architecture
The platform uses an off-chain order book and matching engine for fast execution while keeping deposits, settlement and withdrawals anchored to smart contracts on Katana.
Why This Design Matters
- Faster order placement and cancellation
- On-chain custody and settlement
- Cryptographic trade authorization
- Professional trading UX without centralized custody