Katana hits $430M TVL in 7 days. Morpho partnership alone added $150M on day one, making it largest DeFi protocol on any L2 by deposits

500M $KAT allocated for rewards but only 120M distributed. Pre-deposit holders already earning through Yearn integration

Token distribution math: 380M rewards still uncommitted, mainnet TVL growing 710% monthly, tokens locked until Feb 2026. Early depositors stacking both yield and future governance weight