The last several weeks have been one of the most intense and rewarding periods of development we’ve had so far. Between the trading competition, constant feedback from the community, and behind-the-scenes work preparing for what comes next, there’s been a lot happening.
Let’s take a moment to share a fuller update on where we are and where we’re heading.
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Mainnet Is Coming
Let’s start with the big one: Kyan’s mainnet launch is approaching, and we’re currently targeting a release within Q1 of 2026.
The testnet period gave us exactly what we needed: real traders, real strategies, and real stress on the system. That input has been invaluable in helping us refine execution logic, risk calculations, data flows, and overall platform stability. While it’s tempting to rush, we’re taking the time to make sure the foundation is solid before flipping the switch. Our focus right now is quality, resilience, and performance at scale.
A Huge Thank You to the Trading Competition Community
We can’t overstate how important the trading competition was for Kyan’s development. Thousands of traders jumped in, explored options, perps, multi-leg strategies, and portfolio margin, and didn’t hesitate to let us know when something was off. That combination of heavy usage and thoughtful feedback helped us uncover edge cases, identify friction points, and prioritize fixes that might never surface in a closed testing environment.
Thank you to everyone who took the time to compete for the leaderboard, explore advanced strategies, or just stress-test the system out of curiosity. You helped move Kyan forward in a meaningful way.
Leaderboard Finalized and Rewards Distributed
We know many of you have been waiting for this, so here’s the update: The leaderboard has been fully reviewed and finalized. You can view it here.
We ran additional checks to ensure fair play and to confirm that the system wasn’t gamed in any way. That extra diligence is the reason this step took a bit longer than initially expected, but it was important to us that the final standings accurately reflect performance during Stage 2.
Final Trading Competition Leaderboard
All digital rewards, including cash prizes, have been distributed. Congratulations to everyone who qualified, especially our top 25 contestants!
Bug Bounty Program Launching Soon
One of the biggest takeaways from the trading competition for us was just how valuable community-led testing can be. To build on that momentum, we’re getting ready to launch the Kyan Bug Bounty Program.
This program will provide a structured way for users to report vulnerabilities and be rewarded for doing so. If you enjoy breaking things (constructively), this one’s for you. We’ll be sharing more details soon around scope, reporting processes, and rewards.
Some of you have already gone the extra mile and reported bugs during the trading competition. You’ll be rewarded retroactively.
Expanding Learn-to-Earn Across Kyan
Education has always been a core pillar of Kyan and we’re continuing to invest heavily in it. Beyond updating and expanding Academy content, we’re actively working on an additional Learn-to-Earn rewards program.
The idea is to better connect learning and trading, rewarding users for understanding key concepts (like portfolio margin, risk management, and strategy construction) and then applying that knowledge on the exchange. This initiative will further tie together the Academy and the trading experience, making Kyan more approachable without sacrificing sophistication.
What’s Next?
The road ahead is focused and deliberate. We’re tightening the final bolts ahead of mainnet, expanding the ways users can interact with Kyan, and opening the door for deeper community involvement. At the same time, we’re continuing to polish the core trading experience so that when Kyan goes live, it feels fast, intuitive, and ready for serious capital.
Most importantly, we want to say thank you. If you’ve been trading with us, testing features, reporting bugs, or simply following along, thank you for being part of Kyan. 2025 was about laying the groundwork together. 2026 is about bringing it to life.
We’re excited for what’s ahead and we can’t wait to build the next chapter with you!
What Does Kyan Mean for Crypto Options?
Kyan will be a significant upgrade for anyone trading decentralized derivatives.
