Kyan is opening its doors for the very first time. Sign up now for your chance to experience the next generation of onchain options trading and get rewarded for it.
Soon, traders across DeFi will face off in a month-long trading competition on Arbitrum Sepolia, powered by Kyan’s cutting-edge portfolio margin engine, combo strategies, and CEX-like execution.
This is Kyan’s official paper trading beta phase. Without discrimination, everyone gets tokens to trade with. Every participant starts on equal footing. Every trade matters. And every settlement could earn you a place among Kyan’s earliest elite.
Every single person has a chance to contribute to Kyan’s growth. This is a formal invite for you to join our journey to making onchain options great.
Make sure to sign up at kyan.blue, follow us on X and join our Discord community to never miss an update on the trading competition and Kyan’s development.
Your Gateway to the Future of Onchain Derivatives
For the next month, everyone will have the chance to experience Kyan before mainnet deployment. You’ll trade using Kyan USDC, our proprietary testnet balance token, and explore the full platform:
Trade options with instant execution & one-click trading
Hedge with perps (or go all in)
Manage your risk and PnL
Execute trades with portfolio margin
Build the biggest multi-legs in DeFi with up to 6 options and 1 perp
Every click, hedge, and rebalance helps shape the evolution of the protocol. And yes, the markets are live and fast — this is Kyan’s official beta phase, with the architecture that will eventually be deployed on Arbitrum mainnet.
The Basics
Competition Period: 4 weeks
Structure: Two Stages (each with their own prize pools)
Rewards: 2,000,000 Krystals and 10x Kyan VIP passes
Limited events and activities throughout the competition
Super-secret extra rewards up for grabs
The Kyan Trading Competition is opening soon and takes place on Arbitrum Sepolia, Kyan’s chosen testnet environment. It’s the perfect sandbox for testing out Kyan’s powerful trading features (portfolio margin, combo strategies, options, and perps) in a live, risk-free setting.
The event is divided into two epochs, each with its own prize pool. You’ll receive 250,000 Kyan USDC just by signing in on Kyan, and another 250,000 at the start of Stage 2. Your balance carries over between epochs, rewarding consistent performance and good risk management, so make sure to join from the start.
Trading Competition: Stage 1
We saw some people getting liquidated on day 1 in a certain ETH Mainnet trading competition. We don’t want you to be that guy. Trade with strategy, manage your risk, and keep your portfolio healthy — consistency pays.
The first stage of Kyan’s trading competition will serve as our public user behavior audit. This is our chance to take our community with us for a ride, and your chance to help us build Kyan into something great. It’s only fair that there’s a little extra up for grabs.
1,000,000 Krystals
5× Kyan VIP Program Access
Super-secret extra rewards to be announced
Trading Competition: Stage 2
Bigger & better super-secret rewards to be announced
800,000 Krystals
5× Kyan VIP Program Access
Krystals (Kyan’s community reward points) will be distributed to everyone based on various criteria. More details coming soon.
The Mission Behind the Competition
We’re building the most efficient, next generation of onchain derivatives. This trading competition is more than just a leaderboard challenge; it’s a live test of the systems, mechanics, and user experience that will power Kyan’s mainnet launch.
This competition serves several key purposes:
Product Testing
Traders will put Kyan’s portfolio margin engine and combo trading system to the test. By putting the system under realistic load with real-time conditions, participants will help validate how margin offsets, liquidations, and PnL tracking perform in practice. Every trade provides critical data to refine the system before mainnet.
Market Maker Integrations
Market makers will be active throughout the competition, providing deep liquidity and responsive pricing for options and perps. This event helps fine-tune their integrations and ensures that large orders, RFQs, and combo trades all execute seamlessly.
Infrastructure Calibration
Before going live, we’re stress-testing Kyan’s infrastructure, from order routing to execution latency. The competition will help us ensure that Kyan can deliver CEX-grade performance whilst retaining onchain custody.
RFQ & Combo Strategy Validation
The competition also tests Kyan’s Request-for-Quote (RFQ) and combo trades systems. Participants can experiment with multi-leg strategies, explore execution efficiency, and help us validate performance for block-sized trades and complex portfolios.
By trading, you’re not just competing for prizes. You’re helping shape the future of onchain derivatives. Your feedback, your activity, and your performance will directly influence how Kyan evolves.
The Countdown Has Begun
We’ve been building toward this moment for a long time. Now, it’s your turn to take the controls. Here’s what to do right now:
Clear your calendars for November.
Sign up at kyan.blue to stay up to date on announcements, leaderboards, and tips throughout the competition.
Get ready to trade, compete, and explore the future of onchain derivatives with Kyan. Whether you’re chasing leaderboard glory or testing your strategies in a risk-free environment, this is your chance to help shape the next evolution of decentralized trading.
What Does Kyan Mean for Crypto Options?
Kyan will be a significant upgrade for anyone trading decentralized derivatives.
