Current exchange service and trading structure
Sections ↑Katana’s former swap page now directs users to Ronin Wallet Swap, while retaining a separate link to liquidity pools. The current service is therefore a continuing Ronin exchange with a changed swap entry point. An older tutorial showing the standalone swap screen should not be taken as the current navigation.[1]
The parts of the service
| Component | Function | Scope |
|---|---|---|
| Katana V2 | AMM pools using liquidity across the full price range. | Existing pools continue alongside V3.Source 2 |
| Katana V3 | Concentrated-liquidity pools with selectable fee tiers. | The router can use both V2 and V3 liquidity.Source 21 |
| Wallet Swap | Current wallet-based access to spot swaps. | The September 2026 Web Wallet guide still identifies Katana as the DEX behind its Swap page.Source 17 |
| Cross-chain wallet swap | Combines a provider’s bridging and swapping route. | This wallet feature does not make every source network a Katana pool deployment.Source 11 |
DefiLlama’s Katana Ronin DEX entry displayed approximately US$10.98 million of TVL and US$20.9 million of trailing 30-day DEX volume at the 21 October 2026 research snapshot. The page aggregates Katana V2 and V3. Those figures describe deployed liquidity and turnover, not funded accounts or unique active customers. Its approximately US$14.50 billion cumulative volume is historical activity rather than available depth today.[23]
Pool fees, wallet charges and price limits
Sections ↑Published pool fee allocation
Each pool on the route charges its input token. Wallet Swap separately adds 0.5% in the output token. Network gas and price impact are additional considerations; percentages applied to different token bases cannot simply be added to determine the final cost.[3]
For a hypothetical 1,000-token input into a single 0.30% pool, the pool fee is 3 input tokens: 1,000 × 0.003. This isolates one fee only; it does not calculate output, price impact, gas or a subsequent pool’s charge.[7]
For a separate wallet-fee illustration, assume the route would produce 200 output tokens before the 0.5% wallet charge. That charge is 1 output token, leaving 199. This assumes the quoted amount already reflects pool execution; it excludes gas and rounding. Review the actual quote before submission.[3]
The wallet guide exposes maximum slippage, price impact, provider and transaction-fee details before confirmation. Review the minimum acceptable output in the chosen route. A tighter tolerance may cause failure; a looser one permits a worse execution price. Neither setting supplies missing liquidity or fixes an incorrect token selection.[4]
Funding, approvals and withdrawing liquidity
Sections ↑RON can arrive from an external exchange, an on-ramp or a cross-chain service. The funding guide stresses the destination network and notes that available fiat providers depend on country and currency. These are separate provider relationships, not a Katana bank deposit facility. Confirm that an external exchange currently supports withdrawals on Ronin before using its route.[10]
Asset movement through the workflow
| Stage | What happens | What to retain or review |
|---|---|---|
| Approve then swap | An ERC-20 approval authorises spending; the swap still needs its own execution step. | The spender, allowance, selected pair and final transaction.Source 4 |
| Add V2 liquidity | The deposit receives fungible LP tokens representing a pool share. | Underlying token proportions change as the pool trades.Source 5 |
| Add V3 liquidity | The position is represented by an NFT with its own price range. | An inactive range can become a holding of one asset and earns no swap fees.Source 5 |
| Remove liquidity | Select the position and amount, review the returned assets and confirm removal in the wallet. | Use the completed transaction receipt, not the original deposit quantities, as evidence of return.Source 6 |
| Exit a farm | Unstake the LP tokens and separately claim any available reward. | Unstaking returns the LP holding; removing underlying liquidity is a further operation.Source 9 |
V2 fees compound within the pool position. V3 trading fees accumulate separately and require collection; they are not automatically reinvested. A single-sided V3 deposit can begin outside the active range and enter trading when price reaches it. That exposure needs monitoring even when the user is not submitting individual swaps.[5]
For cross-chain funding, inspect the source and destination network, provider, output, bridge-related route and fee breakdown. The wallet documentation describes one-click submission without a second wallet-signature prompt. Review those details before the final button; the page does not establish one universal arrival time or refund rule for every provider and route.[11]
Wallet custody, recovery and contract security
Sections ↑Ronin Wallet is non-custodial: Sky Mavis cannot restore a lost seed or reset the relevant recovery secret for the user. That wallet control is distinct from assets committed to a Katana liquidity contract. A wallet displaying an LP token or NFT is showing a claim represented by that position, rather than keeping both original deposited token amounts idle in the wallet.[12][5]
Recovery and ongoing authority
| Situation | Documented control | Consequence |
|---|---|---|
| Lost seed phrase | A seed-based wallet needs its recovery material; an email account is not a substitute. | An already accessible wallet may permit the owner to retrieve the backup before access is lost.Source 13 |
| Social/MPC wallet | Recovery uses the separately created social-wallet process and recovery password. | Do not assume the seed-wallet instructions apply to this wallet type.Source 13 |
| Compromised secret | An exposed private key or phrase remains compromised even after a normal account-password change. | Support should never be given the seed phrase or private key.Source 14 |
| Connected website | A connection can persist and reconnect when an unlocked wallet revisits the app. | Disconnect individual or all dApps through the wallet’s connection settings.Source 15 |
| Token allowance | The Revoke tool submits an on-chain approval revocation. | It does not revoke signed messages or merely disconnect the website; each control has a different scope.Source 16 |
Code4rena’s report, published in November 2024, covers the Katana V3 code reviewed during October 2024 and records no high- or medium-severity findings, alongside low/non-critical findings. Its examined scope includes contracts used for routing, migration and governance. This is evidence about that assessment, not certification of every later deployment, wallet release or bridge. Current live administrator and upgrade settings were not independently established.[24]
Eligibility and interface conditions
Sections ↑The current Ronin app displays a notice excluding citizens or residents of Vietnam. Its acknowledgement is an interface access condition. It should not be silently generalised into a rule about every unrelated wallet, token or exchange with Ronin support.[1]
Ronin Wallet terms require users to be at least 18 and of the age of majority where they reside, and apply legal and sanctions restrictions. They permit requests for further information and suspension of access. A successful wallet connection is therefore not proof of eligibility, and service access can be restricted without changing who holds the wallet’s private key.[25]
Katana labels Main and Seed tokens using published screening criteria; Seed covers newer or less established tokens, without a redemption guarantee. The creator guide requires review and whitelisting for a token creator’s own ERC-20 launch, distinguishes existing-token liquidity provision, and allows others to create pools after the whitelist period. Ordinary trading is a separate activity.[2][7]
Support, interruptions and transaction records
Sections ↑The Ronin support portal provides a request route, product help and a linked service-status page. The portal was accessible during research; that is not a measured response time or a dealing guarantee. When reporting an execution issue, retain the public wallet address, network, transaction hash and relevant pool or position identifier, while keeping signing secrets private.[18]
Operational question and practical next step
| Question | Documented resource | Limit |
|---|---|---|
| Swap will not complete | Troubleshooting covers wallet balance, RON gas, connection and liquidity. | If liquidity has been removed and no usable route remains, a different browser or higher slippage cannot create an exit.Source 19 |
| Position or removal record | The pool guide follows the position through confirmation and explorer receipt. | Keep deposits, removals and separately collected fees as distinct events.Source 6 |
| Portfolio display | Web Wallet links transaction history through the Ronin profile and offers display-currency settings. | A display currency does not redenominate the tokens or establish a tax cost basis.Source 17 |
| Data-rights request | The linked privacy policy identifies [email protected]. | A privacy request cannot erase an immutable public-chain transaction.Source 27 |
No standard Katana customer tax certificate was established from the reviewed record tools. A useful record set includes token quantities and networks, pool fees, network charges, LP changes, reward receipts and the valuations used for the user’s own reporting. Public-chain history and a portfolio chart answer different accounting questions.[6]
Legal status, recourse and protection limits
Sections ↑The app-linked Sky Mavis terms describe a software interface and disclaim acting as a custodial wallet provider or exchange. They warn that digital assets may lack investor-compensation and deposit protection. No entity-specific exchange licence or named insurance entitlement for all Katana LPs was established. The Singapore company identity is not, on its own, a financial authorisation.[26]
The general app agreement specifies Singapore law and SIAC arbitration. Its arbitration opt-out uses [email protected] within 30 days of first use under that agreement. Ronin Wallet has a separate terms page with its own legal-notice address, [email protected]. The applicable agreement and its conditions matter; a support ticket is not automatically a valid legal opt-out.[26][25]
Sky Mavis, Katana and the Ronin network change
Sections ↑The privacy policy linked from the current Ronin app identifies Sky Mavis Pte. Ltd. as a Singapore-incorporated company. It is the named interface counterparty; the AMM pools, wallet software and blockchain have distinct technical functions. This profile concerns the Katana DEX on Ronin, not the separately branded Katana blockchain.[27]
Ronin’s 13 May 2026 announcement says its migration to an Ethereum L2 using the OP Stack was complete. RON remained the gas token and Katana LP positions were unaffected. It also announced a new explorer and the end of network staking rewards. Older directions to the legacy explorer or descriptions of validator-staking yield therefore require reconciliation with that change.[20]
- Operator
- Sky Mavis Pte. Ltd. (interface and wallet terms)
- Exchange model
- Decentralised
- Service scope
- Ronin AMM swaps via Wallet Swap; V2/V3 liquidity positions through Ronin app.
- Client types
- Not established
- Pricing publication
- Public pricing
- Other names
- Katana Ronin DEX; Katana V2; Katana V3
- Funding scope
- On-chain assets, with external on-ramp or cross-chain providers where used.
- Custody and asset handling
- Self-controlled wallet keys; liquidity positions remain subject to their smart contracts.
- Client eligibility
- Ronin app excludes Vietnam citizens/residents; wallet age, law and sanctions conditions also apply.
- Support
- Ronin help centre, support requests and service-status links.
- Authorisation and registration scope
- Singapore interface counterparty; no exchange licence or universal deposit-protection entitlement established.
Exchange metadata checked 21 Oct 2026Source 1Source 3Source 2Source 25Source 12Source 10Source 18Source 26
Covered contracting entities
Farm rewards, devices and developer tools
Sections ↑The farm-creation guide requires a separately approved creator address and funded reward tokens. It defines rewards over a set duration, with a start at least seven days ahead, and permits changes under its published rules, including ending a published farm early and reclaiming unused rewards. Those conditions describe the mechanism; they do not establish a live reward rate for every Katana pool.[8]
The LP staking guide describes choosing an eligible farm, staking LP tokens and claiming its specified reward token. Current campaign eligibility and funding should be checked for that farm. This is separate from Ronin network staking, whose reward programme changed with the May 2026 network migration.[9][20]
Capabilities beyond pool selection
| Capability | Documented behaviour | Authority or persistence |
|---|---|---|
| Mobile final action | The Wallet Swap help guide describes a final Swap Now action without another signature prompt. | Treat that button as the execution decision, after reviewing the full quote.Source 4 |
| Revoke an allowance | A new on-chain transaction changes the selected token/NFT approval. | Future use may require fresh approval; removing an allowance does not itself redeem a liquidity position.Source 16 |
| Web Wallet AI | The September 2026 guide labels Onibi as coming soon. | That description does not establish a live AI trading service or delegated investment authority.Source 17 |
| Waypoint integration | The Unity SDK documents wallet-mediated contract calls and transaction responses, including a swap example. | It is developer integration tooling, not a hosted Katana portfolio manager.Source 22 |
Sources & further reading
- Current swap entry and migration notice Ronin / Sky Mavis · Accessed 21 Oct 2026
- Katana overview Ronin / Sky Mavis · 12 May 2026 · Accessed 21 Oct 2026
- Swap tokens and fee tiers Ronin / Sky Mavis · 12 May 2026 · Accessed 21 Oct 2026
- How to swap tokens in Katana Ronin / Sky Mavis · 14 Jul 2025 · Accessed 21 Oct 2026
- Add and remove liquidity Ronin / Sky Mavis · 12 May 2026 · Accessed 21 Oct 2026
- Katana liquidity pool guide Ronin / Sky Mavis · 31 Aug 2025 · Accessed 21 Oct 2026
- Create a liquidity pool Ronin / Sky Mavis · 12 May 2026 · Accessed 21 Oct 2026
- Create a farm Ronin / Sky Mavis · 12 May 2026 · Accessed 21 Oct 2026
- Stake LP tokens Ronin / Sky Mavis · 12 May 2026 · Accessed 21 Oct 2026
- How to obtain RON Ronin / Sky Mavis · 8 Oct 2025 · Accessed 21 Oct 2026
- Ronin Wallet cross-chain swap Ronin / Sky Mavis · 6 Aug 2025 · Accessed 21 Oct 2026
- Why Ronin is a non-custodial wallet Ronin / Sky Mavis · 11 Feb 2025 · Accessed 21 Oct 2026
- Lost recovery phrase Ronin / Sky Mavis · 13 Feb 2024 · Accessed 21 Oct 2026
- Keep your account secure Ronin / Sky Mavis · 6 Feb 2025 · Accessed 21 Oct 2026
- Wallet session management Ronin / Sky Mavis · 26 Jun 2024 · Accessed 21 Oct 2026
- Revoke approvals Ronin / Sky Mavis · 12 May 2026 · Accessed 21 Oct 2026
- Ronin Web Wallet Ronin / Sky Mavis · 30 Sep 2026 · Accessed 21 Oct 2026
- Ronin support portal Ronin / Sky Mavis · Accessed 21 Oct 2026
- Unable to swap tokens Ronin / Sky Mavis · 14 Feb 2025 · Accessed 21 Oct 2026
- Ronin returns to Ethereum as an L2 Ronin / Sky Mavis · 13 May 2026 · Accessed 21 Oct 2026
- Katana V3 upgrade release Ronin / Sky Mavis · 2 Dec 2024 · Accessed 21 Oct 2026
- Ronin Waypoint Unity SDK reference Ronin / Sky Mavis · Accessed 21 Oct 2026
- Katana Ronin DEX activity DefiLlama · Accessed 21 Oct 2026
- Katana V3 security review Code4rena · 25 Nov 2024 · Accessed 21 Oct 2026
- Ronin Wallet terms Sky Mavis Pte. Ltd. · Accessed 21 Oct 2026
- Sky Mavis terms linked by Ronin app Sky Mavis Pte. Ltd. · Accessed 21 Oct 2026
- Sky Mavis privacy policy Sky Mavis Pte. Ltd. · 2 Aug 2024 · Accessed 21 Oct 2026
This profile reports dated public information, including exchange-published services and terms. It does not independently test or guarantee trading, custody, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.
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