A super-fast derivatives trading DEX
Simply put, Kriya is a super-fast derivatives trading DEX. We’ll start off with perps and slowly list options markets in a phased manner as well. This will allow us to build liqudity bottom up and the bear market has given us the privilege of time to build sensibly.
Kriya will be a non-custodial, on-chain orderbook based exchange. With Sui-Move’s parallel processing capabilities and unique consensus we can create front-running resistant orderbooks. We can achieve lower latency by leveraging the unique object architecture to define complex assets and split transactions.
However, we do plan to expand compatibility to other Move and Rust based chains in the next 6 month horizon.
Capital Efficiency : We aim to leverage the low latency to make our margin system more accurate and allow for more intelligent cross margining of hedged positions. More info about isolated and cross margin coming on our docs soon.
UX : DeFi UX is way behind CeFi in its current form. We’ll bring better than tradFi features on-chain.
One-click position reversal
Place orders directly from the option chain
Multiple order types: IOC, Trailing SL
Seamless collateral management across multi-legged positions
Basic mode for retail
API trading via Chakra Suit
All funds except maintenance margin stay in your wallet.