what's Kyan?
Kyan is a decentralized exchange (DEX) specializing in crypto derivatives, enabling users to trade options and perpetual futures with low fees and deep liquidity. Built to provide advanced trading tools, it supports portfolio margining, allowing traders to hedge positions across assets under a unified system. The platform emphasizes seamless execution and risk management in the volatile crypto market. Key features include a strategy builder for complex multi-leg options trades, such as call spreads, condors, and butterflies, alongside perpetuals for hedging. Kyan aims to bridge traditional finance derivatives with blockchain technology, offering institutional-grade capabilities to retail users without intermediaries. It operates on a non-custodial basis, ensuring users retain control of their funds while accessing sophisticated trading mechanics. As a next-generation options DEX, Kyan focuses on innovation in crypto trading infrastructure, prioritizing user experience, security, and efficiency to attract both novice and professional traders in the decentralized ecosystem.
Kyan featured on DeFiMinty's 2026 list, noted for better onchain options.
Links
x.com/kyanexchangeFeatured in DeFiMinty's list of projects they are most excited about in 2026, specifically expressing hope for better onchain options.
Testnet competition Season 2 is live on day 2, offering real money prizes to participants.
Trading Competition Stage 1 wraps November 30, allocating 1.2M Krystals to participating traders.
Beta platform launches today, preceded by an overview/walkthrough session.
Kyan Exchange represents Premia v4, a full rebuild from AMM to CLOB + RFQ hybrid architecture with unified margin and combo trades, and the Premia token (FDV ≈ $14M) may gain new utility once integration is confirmed.
Platform launch includes a competition component, with users being instructed to setup on Arbitrum Sepolia testnet in preparation for the launch.
Chainlink Data Streams integration on Arbitrum provides sub-second pricing data for options and perpetual markets.
Platform launch targeted for October with social trading features allowing users to follow or compete against other traders' plays.
Advanced options trading platform launch imminent with deep day-1 liquidity, featuring portfolio margin, multi-leg strategies, and perp hedging capabilities.