Katana Perps — Smart Contracts
Explore the smart-contract layer behind Katana Perps, including custody, trade settlement, balances, withdrawals and on-chain verification. Read the current Kat
On-Chain Responsibilities
Smart contracts hold user collateral, track balances, validate signed activity, settle trades and process withdrawals on the Katana blockchain.
Non-Custodial Model
User funds remain in smart contracts rather than an exchange-controlled wallet. The documentation also describes a wallet-exit safeguard that can return available funds if off-chain infrastructure is unavailable.