What is Kodachi?

Kodachi is a DeFi derivatives platform built to offer spot, options, and perpetuals trading via a unified interface. The system uses internal AMM-based price discovery, eliminating dependence on external oracles and associated risks. Kodachi offers up to 100× leverage while implementing a mechanism for no liquidations before settlement. Liquidity providers can earn enhanced yields via KIN/KAT rewards plus options premium share. It supports omni-chain deployment, meaning liquidity can be used or shared across multiple blockchains. Users or developers may deploy custom pools for any token pair instantly (permissionless). Its UX leverages EIP-7702 transaction batching to simplify operations and integrate with Katana’s ecosystem.