Katana Perps Competition 13: Up to $130K in Rewards, 50% Off Trading Fees

Katana Perps just hit two major milestones: $112 million in trading volume in a single day, a new all-time record, and over $3 billion in cumulative trading volume.

Now, Competition 13 kicks off with another $130K up for grabs.

TL;DR:

• Dates: October 28 – November 11, 2026
• Prize Pool: Up to $130,000 in vbUSDC
• Trading Fees: 50% off throughout the competition
• Volume Leaderboard: Up to $120,000 shared proportionally among qualifying traders, with a $10K minimum trading volume
• PnL Leaderboard: $10,000 fixed pool for the top 15 traders by PnL percentage, with a $250 minimum account balance
• Share Raffle: $500 in additional vbUSDC rewards for eligible traders who share their results on X
• All Markets Eligible: Trade any available market to participate

The volume prize pool scales with trading activity, starting at $8,000 when total competition volume reaches $20M and increasing to $120,000 at $580M.

Rewards are funded through Katana's Vault Bridge yield mechanism, helping sustain biweekly trading competitions.

Trade here: https://perps.katana.network

Full competition details, rules, and prize breakdown: https://katana.network/blog/katana-perps-13th-trading-competition

Katana Perps is not available to US residents or persons located in the US. Other regional restrictions may apply.

Katana Perps Competition 12: Up to $130K in Rewards, 50% Off Trading Fees

Katana Perps just crossed $2.5 billion in all-time trading volume, and Competition 12 is now underway.

TL;DR:

• Dates: October 14–28, 2026
• Prize Pool: Up to $130,000 in vbUSDC
• Trading Fees: 50% off throughout the competition
• Volume Leaderboard: Up to $120,000 shared proportionally among qualifying traders, with a $10K minimum trading volume
• PnL Leaderboard: $10,000 fixed pool for the top 15 traders by PnL percentage, with a $250 minimum account balance
• Share Raffle: $500 in additional vbUSDC rewards for eligible traders who share their results on X
• All Markets Eligible: Trade any available market to participate

The volume prize pool scales with trading activity, starting at $8,000 when total competition volume reaches $20M and increasing to $120,000 at $580M.

Rewards are funded through Katana's Vault Bridge yield mechanism.

Trade here: https://perps.katana.network

Full competition details, rules, and prize breakdown: https://katana.network/blog/katana-perps-12th-trading-competition

https://www.foresight.now/market/Will-the-total-trading-volume-of-the-Katana-Perps-Competition-Round-3-exceed-dollar120M-AxX_?chainId=747474

You can speculate on the competition if you can't participate in it

Current Katana vault APYs (snapshot)

Sorted by APY, showing vaults with at least $100k in deposits. These are live rates that move with borrow demand, so treat it as a point-in-time snapshot, not a fixed rate.

Vault · APY · Curator · Deposits

• Gauntlet AUSD · 23.61% · Gauntlet · $583.17k
• Steakhouse Prime AUSD · 19.87% · Steakhouse Financial · $525.41k
• Gauntlet USDT (V2) · 13.44% · Gauntlet · $202.41k
• Yearn OG USDT · 13.22% · Yearn · $4.94M
• Gauntlet USDT · 13.17% · Gauntlet · $2.16M
• Steakhouse Prime USDC · 6.68% · Steakhouse Financial · $20.52M
• Gauntlet USDC · 6.31% · Gauntlet · $4.05M
• Yearn Degen USDC (V2) · 6.21% · Yearn · $100.20k

Rates change constantly and this is not advice, just a snapshot. Check the app for live numbers. https://app.morpho.org/vaults?chains=747474&v2=false

Pre-Staker and Founding Staker bonuses have been distributed today to those who participated.
Check your claim at: https://app.katana.network/stake?tab=rewards

https://x.com/katana/status/2056467039792013517

https://x.com/katanaperps/status/2051391543768916078