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 will have an ETHCC Cannes event via cozy, focusing on Kyan, derivatives, and structured products.
Links
x.com/kyanexchangeWill have presence at ETHCC in Cannes through a small event hosted by cozy for people interested in Kyan, derivatives, and structured products.
Featured in DeFiMinty's list of projects they are most excited about in 2026, specifically expressing hope for better onchain options.
Launched trading competition Season 2 Round 2, offering real money prizes.
Trading Competition Stage 1 wraps November 30, allocating 1.2M Krystals to participating traders.
Launched beta platform today.
Represents Premia v4, a rebuild to CLOB + RFQ hybrid architecture featuring an order book matching engine, onchain portfolio margining, and multi-leg execution. Premia token (FDV ≈ $14M) may gain new utility.
Launches with competition component, requires setup on Arbitrum Sepolia testnet.
Chainlink Data Streams integration on Arbitrum provides sub-second pricing data for options and perpetual markets.
Launched mainnet with social trading features allowing users to follow or compete against other traders' plays.
Launched private beta options trading platform on Arbitrum mainnet March 18, 2026, with portfolio margin, perp hedging, and a 100-user limit. Operates with direct user deposits/withdrawals to smart contracts without intermediaries, maintaining continuous quoting and tradability during outages, including a 45-minute Deribit outage March 23, 2026.