Kyan
Kyan
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Kyan is a decentralized derivatives exchange built on Arbitrum, offering non-custodial trading for options and perpetual futures across multiple crypto assets.
Reward
$ Announcement is pending
Platform
arbitrum
Max. Participants
Time Left
00
Hours
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00
Minutes
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00
Seconds
Task Description
Kyan has not confirmed an airdrop, but the project is currently running a testnet trading competition from November 17 to December 15, 2025. Rewards include:
2,000,000 Krystals
Kyan VIP passes
Users earn Krystals by executing trades on the testnet, with rewards distributed based on leaderboard rankings.
During the competition, participants are given $250,000 in virtual funds to trade, allowing them to explore Kyan’s derivatives tools risk-free. Active participation in this testnet phase may also position users favorably if the team later chooses to reward early adopters—though this remains speculative.
Conditions
Step 1
Join the Testnet & Connect Your Wallet
Visit the Kyan testnet platform, connect your Web3 wallet, and add the Arbitrum Sepolia testnet network (the platform may prompt you to add it automatically).
Step 2
Set Up Your Trading Portfolio
Transfer the virtual $250,000 testnet allocation to your trading portfolio directly from the dashboard.
Step 3
Start Executing Trades
Trade across all supported instruments on the testnet, perpetual futures, options contracts, and multi-leg strategies, to begin earning Krystals.
Step 4
Compete & Track Progress
Keep trading throughout the competition period to accumulate Krystals and climb the leaderboard, and regularly monitor your ranking on the competition leaderboard displayed on the dashboard.
Step 5
Stay Updated
Join the Kyan Discord community for announcements, updates, and important competition information.
Project Description
Kyan is a decentralized derivatives exchange built on Arbitrum, offering non-custodial trading for options and perpetual futures across multiple crypto assets. The platform blends the capital efficiency and execution performance of CEXs with the security and self-custody benefits of DeFi, allowing users to trade through smart accounts while maintaining full control of their assets.
Kyan includes advanced features such as portfolio margin for optimized risk management and multi-leg strategy builders that let traders design complex derivatives positions. Its architecture is engineered for zero gas fees and CEX-level execution speeds, solving the common challenges of slow performance and high fees typically seen on DEXs. Kyan is designed for traders who want sophisticated derivatives tools without giving up self-custody.
Frequently Asked Questions
No. Every participant receives $250,000 in virtual testnet funds. You only need a Web3 wallet to join. A small amount of Sepolia ETH is required for testnet gas fees, which can be obtained for free from public faucets.
The competition runs from November 17 to December 15, 2025. After it concludes, rewards will be distributed to the top performers on the leaderboard.
Krystals are the points earned during the testnet competition. They determine your leaderboard ranking and reflect your trading activity and performance throughout the event.