Kyan is officially launching on testnet this Monday, November 17 at 2:00 pm UTC, and with it, the Kyan Trading Competition opens. Sign up and be the first one there!
After months of development, testing, and feedback from our early users, the moment has finally arrived. Kyan is going live and with it, our first-ever Testnet Trading Competition.
Start Date: November 17 at 2:00 pm UTC
End Date: December 14 at 11:59 pm UTC
Four weeks across two stages of zero-risk, high-reward onchain trading. Keep reading for the essentials: krystals, timelines, and a little more context.
What You’ve Been Waiting For
From day one, Kyan was built to solve a long-standing problem in crypto: how to bring the speed, depth, and sophistication of traditional derivatives trading onchain, without compromise.
Now, that vision is coming to life.
The Kyan testnet launch will introduce traders to the full power of our platform: portfolio margin, combo trading, options and perps orderbooks, and a refined trading interface, all designed to deliver a professional-grade experience.
This is your chance to explore, experiment, and help us push the boundaries of what’s possible in crypto derivatives trading.
The Testnet Trading Competition
The launch marks the start of Kyan’s Testnet Trading Competition, the ultimate proving ground for traders, builders, and DeFi enthusiasts.
Competition Timeline
Stage 1: November 17 → November 30
Stage 2: December 1 → December 14
Each participant will receive Kyan USDC to trade options, perps, and combo strategies on Kyan. Every trade helps us refine the platform’s performance, market maker integrations, and risk models, while giving users a hands-on experience with next-generation trading infrastructure.
And of course, there are rewards: a total of 2,000,000 Krystals will be distributed across both stages, alongside Kyan VIP access for top performers, and much, much more.
Whether you’re here to test your strategies, learn the platform, or climb the leaderboard, this is your moment.
To learn more about the competition, check out this article.
Krystals: Earn While You Trade
Throughout the competition, participants will earn Krystals, Kyan community points, based on trading activity and consistency. Krystals represent more than just competition points. They reflect your contribution to shaping Kyan’s evolution.
Every trade helps us strengthen the platform, and Krystals are how we recognize that effort.
Learn more about Krystals and how to earn them here.
A Thank You to Our Community
This launch wouldn’t be possible without you — our early testers, contributors, and community members who have followed us through every iteration and waited patiently as we built something truly new.
Your feedback has guided us at every stage and you’ve helped us turn Kyan from an idea into a living, breathing platform. We’re excited to finally be able to show you what it’s capable of.
Thank you for believing in what we’re building.
What’s Next
This is just the beginning. Over the coming weeks, we’ll continue to collect feedback, and prepare for mainnet launch, where real liquidity, real volume, and real gains await.
Until then, it’s time to trade, test, and experience the future of onchain derivatives.
Mark your calendars: November 17, 2:00 pm UTC.
Kyan goes live and the competition begins.
What Does Kyan Mean for Crypto Options?
Kyan will be a significant upgrade for anyone trading decentralized derivatives.
