Fact-check findings

The reviewer could not reconcile the claim with the evidence it cited. This is a lead, not a ruling that the claim is false.

1. #7[disputed][awaiting moderator]in section: KAT Token Tokenomics

   “Core contributor and ecosystem treasury tokens vest over four years in quarterly tranches.”

   reviewerCore contributor and ecosystem treasury tokens vest over four years in quarterly tranches.The cited official source describes an annual anniversary-based unlock schedule, not quarterly tranches; the page's own cited source contradicts the 'quarterly' characterization.
   Proposed correction (not yet applied)

   Core contributor and ecosystem treasury tokens vest over four years in four equal annual tranches released on each anniversary of transferability.
   citedkatana.network/blog/the-network-is-katan…the-token-is-kat
2. #11[disputed][awaiting moderator]in section: KAT Token Tokenomics

   “As of June 2026, circulating supply stands at approximately 2.7 billion KAT out of 10 billion total.”

   reviewerAs of June 2026, KAT circulating supply stands at approximately 2.7 billion out of 10 billion total.Multiple independent trackers consistently show circulating supply around 2.3-2.4 billion, not 2.7 billion; this also matches the page's own stated $13.9M market cap at $0.0059 (which implies ~2.36B supply, not 2.7B — 2.7B x $0.0059 = ~$15.9M, not $13.9M).
   Proposed correction (not yet applied)

   As of June 2026, circulating supply stands at approximately 2.3 billion KAT out of 10 billion total.
   citedtokenomist.ai/katana-network-tokencoinmarketcap.com/currencies/katana-network/
3. #12[disputed][awaiting moderator]in the timeline

   “Circulating supply is approximately 2.7 billion KAT, with a market cap of approximately $13.9 million.”

   reviewerOn 2026-06-16, KAT's circulating supply is approximately 2.7 billion with a market cap of approximately $13.9 million.Same underlying supply error as the Tokenomics section; additionally, the figure is internally inconsistent with the stated $13.9M market cap at $0.0059 (implies ~2.36B, not 2.7B).
   Proposed correction (not yet applied)

   Circulating supply is approximately 2.3 billion KAT, with a market cap of approximately $13.9 million.
   citedcoinmarketcap.com/currencies/katana-network/
4. #15[disputed][awaiting moderator]in the timeline

   “2026-03-21”

   reviewerUpbit listed KAT for trading against KRW, BTC, and USDT on 2026-03-21.This entry appears to duplicate the March 26 Upbit/Bithumb listing already recorded later in the same timeline, with an incorrect earlier date; no independent source corroborates a distinct March 21 Upbit listing.
   Proposed correction (not yet applied)

   2026-03-26
   citedcryptorank.io/news/feed/70fc1-upbit-kata…work-kat-listing
5. #16[disputed][awaiting moderator]in section: Token Price Performance and Market Concerns

   “In March 2026, KAT posted a 36.6% decline while generating $97.8 million in trading volume against a market cap of approximately $30.3 million, a volume-to-market-cap ratio of approximately 6:1 that analysts have described as indicating either extreme distribution or coordinated trading activity.”

   reviewerIn March 2026, KAT's 36.6% decline came with $97.8 million in trading volume against a market cap of approximately $30.3 million, a roughly 6:1 volume-to-market-cap ratio.The page's own numbers are also internally inconsistent: $97.8M / $30.3M computes to roughly 3.2:1, not 6:1. Confidence is moderate because the primary source is dead and this is based on indexed/cached content rather than a direct fetch.
   Proposed correction (not yet applied)

   In March 2026, KAT posted a 36.6% decline while generating $97.8 million in trading volume against a market cap of approximately $24 million, a volume-to-market-cap ratio of approximately 4:1 that analysts have described as indicating either extreme distribution or coordinated trading activity.
   citedwww.mexc.com/news/962831
6. #17[disputed][awaiting moderator]in the timeline

   “Shortly thereafter, a 36.6% crash occurs with $97.8 million in trading volume at a 6:1 volume-to-market-cap ratio.”

   reviewerShortly after the Upbit/Bithumb listing surge, a 36.6% crash occurred with $97.8 million in volume at a 6:1 volume-to-market-cap ratio.Both the ratio figure and the implied chronology (crash following the Upbit/Bithumb listing) are questionable; lower confidence since this relies on indexed content from a now-dead source rather than a direct fetch.
   Proposed correction (not yet applied)

   Shortly thereafter, a 36.6% crash occurs with $97.8 million in trading volume at an approximately 4:1 volume-to-market-cap ratio.
   citedwww.mexc.com/news/962831

No source the reviewer could reach confirms or contradicts the claim.

1. #13[unverifiable][awaiting moderator]in section: Token Price Performance and Market Concerns

   “KAT began trading on Binance on March 18, 2026, at approximately $0.01527.”

   reviewerKAT began trading on Binance on March 18, 2026 at approximately $0.01527.Independent sources on launch-day pricing range roughly $0.0124-$0.018, none matching $0.01527 exactly, and the specific source cited for this claim does not contain this figure at all. Plausible but not independently confirmable to this precision.
   citedwww.coingabbar.com/en/price-prediction/k…ch-18-2026-auditcoinmarketcap.com/currencies/katana-network/
2. #14[unverifiable][awaiting moderator]in the timeline

   “KAT token begins trading on Binance at approximately $0.01527”

   reviewerKAT began trading on Binance at approximately $0.01527 on 2026-03-18; listings also went live on KuCoin and XT.com same day.The KuCoin/XT.com same-day listing detail is confirmed by the cited source; the specific price figure is not and could not be independently verified elsewhere.
   citedwww.coingabbar.com/en/price-prediction/k…ch-18-2026-audit

A cited source no longer resolves or no longer says what the page attributes to it.

1. #18[link rot][awaiting moderator]in the cited sources

   “https://www.mexc.com/news/962831”

   reviewerMEXC's reporting on the 36.6% KAT crash is available at mexc.com/news/962831.Dead link (410 Gone) cited for the key March 2026 price-crash statistics; underlying figures should be re-sourced.
   citedwww.mexc.com/news/962831
2. #19[link rot][awaiting moderator]in section: Token Price Performance and Market Concerns

   “https://www.mexc.com/news/962831”

   reviewerSame MEXC URL is cited as a source for the Token Price Performance section's crash statistics.Duplicate occurrence of the same dead citation within the section's own sources array.
   citedwww.mexc.com/news/962831
3. #20[link rot][awaiting moderator]in the timeline

   “https://www.mexc.com/news/962831”

   reviewerSame MEXC URL is the timeline source for the 2026-03-26 crash event.Third occurrence of the same dead citation, used as the timeline entry's primary source_url.
   citedwww.mexc.com/news/962831

The cited evidence supports part of the claim but not all of it.

1. #3[partially supported][awaiting moderator]in section: Project Overview

   “Private mainnet launched in May 2025, with public mainnet opening in late June 2025. The project attracted over $240 million in pre-deposits before public launch.”

   reviewerPrivate mainnet launched in May 2025, public mainnet opened late June 2025, and the project attracted over $240 million in pre-deposits before public launch.Launch dates are essentially correct, but the $240M figure is characterized by the primary source as post-launch deposits reported three weeks in, not pre-launch 'pre-deposits' as the page implies.
   citedwww.coindesk.com/tech/2025/05/28/polygon…fi-fragmentationpolygon.technology/blog/katana-foundatio…gon-labs-and-gsr
2. #21[partially supported][awaiting moderator]in section: Scam and Fraud Allegations

   “Scamadviser assessed app.katana.network and returned a positive trust rating based on analysis of publicly available information, though the site notes that independent verification is recommended.”

   reviewerScamadviser assessed app.katana.network and returned a positive trust rating, noting that independent verification is recommended.The page cherry-picks the favorable qualitative label while omitting the 0 numeric trust score shown on the same source, and overstates the source's call for independent verification.
   citedwww.scamadviser.com/check-website/app.katana.network
3. #26[partially supported][awaiting moderator]in section: Token Price Performance and Market Concerns

   “The overall trajectory from a pre-TGE TVL exceeding $700 million to a market cap below $15 million illustrates significant value compression relative to initial participation levels.”

   reviewerThe overall trajectory from a pre-TGE TVL exceeding $700 million to a market cap below $15 million illustrates significant value compression.The $700M figure is primarily self-reported by Katana/Binance Square posts; at least one independent estimate (~$677M) is slightly lower, so 'exceeding $700 million' somewhat overstates the independently-sourced figure.
   citedphemex.com/academy/what-is-katana-crypto

The cited evidence supports the claim as written.

1. #1[confirmed][no action needed]in section: Team and Backers

   “The project was incubated by Polygon Labs, whose CEO Marc Boiron has publicly commented on the rationale for the chain, and by GSR, represented by President Jakob Palmstierna.”

   reviewerMarc Boiron is CEO of Polygon Labs and commented on the rationale for Katana; GSR is represented by President Jakob Palmstierna.Both titles are confirmed as reported by the cited CoinDesk article, which is the outlet that originally quoted them.
   citedwww.coindesk.com/tech/2025/05/28/polygon…fi-fragmentationpolygon.technology/blog/katana-foundatio…gon-labs-and-gsr
2. #2[confirmed][no action needed]in section: Project Overview

   “It was incubated by Polygon Labs and GSR, a professional crypto market-making firm, and deployed on Polygon's AggLayer using the CDK-opgeth stack. The network integrates a curated set of DeFi protocols: Sushi for spot trading, Morpho for lending, and Vertex for perpetuals, forming what the project describes as a unified liquidity flywheel. The Katana Foundation, a nonprofit entity, governs and leads development. Sequencing services are provided by Conduit.”

   reviewerKatana Network is incubated by Polygon Labs and GSR, deployed on AggLayer using the CDK-opgeth stack, integrates Sushi/Morpho/Vertex, governed by the nonprofit Katana Foundation, with sequencing by Conduit.Independently corroborated by The Block and Conduit's own announcement.
   citedwww.coindesk.com/tech/2025/05/28/polygon…fi-fragmentationpolygon.technology/blog/katana-foundatio…gon-labs-and-gsr
3. #4[confirmed][no action needed]in section: Distinction from Ronin / Axie Infinity Katana DEX

   “There is a naming overlap with a separate, older project: the Katana DEX on the Ronin blockchain, built by Sky Mavis and launched in November 2021 to support Axie Infinity.”

   reviewerKatana Network is unrelated to the older Katana DEX built by Sky Mavis on Ronin for Axie Infinity, launched November 2021.Consistent with established public record of the unrelated, older Ronin/Axie Infinity Katana DEX.
   citedwww.techtimes.com/articles/267597/202111…transactions.htmphemex.com/academy/what-are-ronin-and-katana-dex
4. #5[confirmed][no action needed]in section: Layer-2 Security and Centralization Risks

   “L2Beat classifies Katana Network as Stage 0, meaning it does not yet meet Stage 1 decentralization requirements and is under review for node software availability.”

   reviewerL2Beat classifies Katana Network as Stage 0, documenting no exit window, whitelisted-proposer risk, unverified off-chain self-sequencing, SNARK trusted-setup risk, admin multisig emergency powers, and SP1 zkVM bridge risk.All specific risk details in this section are an accurate paraphrase of L2Beat's live page.
   citedl2beat.com/scaling/projects/katanadocs.katana.network/katana/additional-re…curity-overview/
5. #6[confirmed][no action needed]in section: Smart Contract Audits

   “Katana Network underwent security code audits and formal verification conducted by Certora in March 2025 and April 2025.”

   reviewerKatana Network underwent Certora security audits and formal verification in March 2025 and April 2025.Directly confirmed against the official security overview page.
   citeddocs.katana.network/katana/additional-re…curity-overview/
6. #8[confirmed][no action needed]in section: KAT Token Tokenomics

   “The allocation is: Ecosystem and Treasury 48.35%, Core Contributors 15.65%, Community Airdrops (distributed as vKAT to POL stakers) 15%, User Liquidity Mining 10%, Core and Ecosystem Applications (Sushi, Morpho, and future DEX) 10%, and Public Sale 1%.”

   reviewerKAT allocation: Ecosystem and Treasury 48.35%, Core Contributors 15.65%, Community Airdrops 15%, User Liquidity Mining 10%, Core and Ecosystem Applications 10%, Public Sale 1%.Exact percentage match against an independent tokenomics tracker.
   citedkatana.network/blog/the-network-is-katan…the-token-is-kattokenomist.ai/katana-network-token
7. #9[confirmed][no action needed]in section: KAT Token Tokenomics

   “The project explicitly states there is no VC allocation and no presale, positioning this as a differentiator against projects with large insider unlock cliffs.”

   reviewerNo VC allocation and no presale were conducted for KAT.Corroborated by an independent outlet beyond the project's own claim.
   citedkatana.network/blog/the-network-is-katan…the-token-is-kat
8. #10[confirmed][no action needed]in section: KAT Token Tokenomics

   “The TGE date was originally targeted for on or before February 20, 2026, but was delayed to on or before the end of March 2026 to coordinate with major CEX Earn program integrations.”

   reviewerTGE was originally targeted for on/before February 20, 2026 and delayed to on/before end of March 2026 to coordinate with CEX Earn program integrations.Directly confirmed by the cited official blog post.
   citedkatana.network/blog/katana-cex-earn-prog…and-tge-timeline
9. #22[confirmed][no action needed]in section: Scam and Fraud Allegations

   “No credible scam, rug pull, or fraud allegations against Katana Network have been identified in available public sources.”

   reviewerNo credible scam, rug pull, or fraud allegations against Katana Network have been identified.Independent search turned up no scam, rug-pull, or fraud allegations against the project; this absence-of-evidence claim is consistent with what is findable.
   citedwww.scamadviser.com/check-website/app.katana.network
10. #23[confirmed][no action needed]in section: Regulatory and Yield Risk

    “No regulatory actions against Katana Network have been identified in available public sources.”

    reviewerNo regulatory actions against Katana Network have been identified.No SEC, CFTC, or other regulatory proceeding involving Katana Network was found in independent research.
    citedbingx.com/en/learn/article/what-is-katan…how-does-it-work
11. #24[confirmed][no action needed]in section: Token Price Performance and Market Concerns

    “The all-time high of approximately $0.02885 to $0.02940 was reached on April 24, 2026.”

    reviewerKAT's all-time high of approximately $0.02885 to $0.02940 was reached on April 24, 2026.Date and price range are corroborated across multiple independent trackers.
    citedcoinmarketcap.com/currencies/katana-network/
12. #25[confirmed][no action needed]in section: Token Price Performance and Market Concerns

    “As of June 2026, KAT trades at approximately $0.0059, representing a decline of approximately 79% from the all-time high.”

    reviewerAs of June 2026, KAT trades at approximately $0.0059, a decline of approximately 79% from the all-time high.(0.0294-0.0059)/0.0294 ≈ 80%, consistent with the stated ~79% decline; the price figure also matches the timeline entry for the same date.
    citedcoinmarketcap.com/currencies/katana-network/