Snapshot date: March 12th 2026

Strategies recap

Strategy Name Protocol Attributed TVL Addresses Rewards Efficiency ($ of TVL attributed by towards of incentives)
Borrow USDC Morpho 3.1M 982 0.45M KAT → 688
Deposit USDC Yearn 5.4M 4500 1.5M KAT → 360
Deposit yvvbUSDC / PT-yvvbUSDC Spectra 1.54M 965 0.5M KAT → 300
Deposit AUSD Yearn 0.95M 1453 0.25M KAT → 558

Flows

  1. Arbitrum (50%) 2. Ethereum (35%)

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internal source: https://superset.li.finance/superset/dashboard/27/?native_filters_key=zQ7-chvA_Lc

Retention

→ We look at the retention of the top 10% liquidity provider to the campaign (bringing 98%+ of the liquidity)

| Percentage of liquidity on Katana since the end of the campaign vs. overall liquidity provided

4 weeks after campaign end Ratio of top campain participants still in this range
>0% i.e. still on the chain 85%
+10% 75%
+30% 72%
+50% 72%
+70% 67%

| Percentage of liquidity on Katana since the end of the campaign vs. overall liquidity provided

6 weeks after campaign end Ratio of top campain participants still in this range
>0% i.e. still on the chain 71%
+10% 52%
+30% 47%
+50% 46%
+70% 41%

Interpretation: → 46% of the top users kept at least 50% of their money in Katana even 6 weeks after the campaign ended.