Kyan has been live on mainnet for a few weeks and we’re already shipping meaningful improvements.
Once real users, real capital, and real market conditions came into play, the quality of feedback changed immediately. The updates mentioned below reflect what we’ve learned so far from live usage: tightening risk parameters, improving core flows, and making execution more reliable where it matters most.
This is just the beginning.
Sign up to trade on Kyan mainnet and see it for yourself.
Improving Risk Responsiveness: Spot Shock Reduction
One of the key changes in this update is a reduction in spot shock from 24% to 16%.
This parameter plays a role in how the system evaluates risk under sudden market movements. Adjusting it allows for more precise calibration between:
responsiveness to volatility
capital efficiency for traders
Lowering the spot shock makes the system more aligned with observed market conditions, improving how positions are evaluated without compromising overall safety.
It’s a small change numerically, but a meaningful one in how the system behaves in practice.
Smoother UX: Bridge & Swap Signing Improvements
We’ve improved the bridge and swap signing experience to make interactions more seamless.
Onchain trading often involves multiple steps before users can even begin trading: bridging assets, swapping tokens, and confirming transactions. Friction at this stage can slow users down or create unnecessary confusion.
These improvements focus on:
clearer transaction flows
more intuitive signing steps
reducing unnecessary friction in onboarding capital
The goal is simple: make it easier to go from having funds to using them on Kyan.
More Reliable Execution: Buy-to-Close Fix
We’ve also improved the logic behind buy-to-close orders, addressing an issue that could affect how positions were closed in certain scenarios.
Closing positions is one of the most critical interactions on any trading platform. It needs to be predictable, reliable, and aligned with user expectations. This update ensures that buy-to-close behavior:
functions consistently
reflects intended outcomes more accurately
removes edge case inconsistencies
It’s part of a broader focus on making execution feel solid and dependable.
Early Mainnet Metrics
With Kyan now live, we’re starting to see meaningful activity take shape. So far, the platform has recorded:
BTC Perps Volume: 5,147,068 USDC
ETH Perps Volume: 355,722 USDC
Total Open Interest: 16,948,906.03 USDC
BTC Options Contracts Traded: 169.68
ETH Options Contracts Traded: 79.2
These numbers are early, but they already tell a clear story.
With nearly 17M USDC in open interest, the platform is already supporting a meaningful level of active positions. This points to early engagement with leverage and capital efficiency.
BTC perps account for the majority of perps trading volume so far. This is consistent with broader market structure, where BTC remains the primary instrument for directional exposure and liquidity.
Early Signals on Product-Market Fit
These initial metrics suggest that Kyan is beginning to function as intended:
Capital is being deposited and actively used
Traders are opening and maintaining positions
Liquidity is supporting growing volume
This is particularly relevant given the system’s design priorities: portfolio margin, onchain settlement, and non-custodial structure. It means that they hold up under real usage, not just in theory.
What’s Next
Every trade, every position, and every interaction helps us better understand how the system performs, where friction still exists, and what needs to be refined next. We’re continuing to onboard users gradually, refine core mechanics, improve UX and execution, and expand the platform based on real usage.
More updates soon. For now, go trade on Kyan and see the difference for yourself.
What Does Kyan Mean for Crypto Options?
Kyan is a significant upgrade for anyone trading decentralized derivatives.
