Multi-leg Strategies on Kyan

Kyan (Premia V4) redefinesdecentralized multi-leg strategies by bringing together simplicity and customization in one seamless interface.

Multi-leg strategies are finally here, brought to you by Kyan. Choose from preset strategies like straddles and spreads, or customize your own combo trade with perps and options.

Kyan provides an intuitive strategy builder designed to streamline multi-leg trades that have traditionally been difficult to access, giving users the tools they need for flexible portfolio management.

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What Is the Combo Builder?

Kyan’s combo builder is a user-friendly interface that enables traders to build and execute multi-leg options strategies like spreads, straddles, strangles, iron condors, and more, all from a single dashboard.

It offers real-time pricing, risk visualization, and integrated margin insights, so traders can go from idea to execution with clarity and confidence. All elements of individual legs, such as expiration date and strike price, are customizable.

Users can choose one of the preset strategy options, or select “Custom” and create their own combination from scratch. The builder allows for up to 6 legs in one combo trade.

What Sets Kyan Apart

While other platforms might offer basic options trading or pre-set strategies, Kyan takes it to the next level.

Full Customization

Unlike platforms that only allow limited pre-defined strategies, Kyan lets users build any combination of calls, puts, and strikes across multiple expiries.

Capital Efficiency

Thanks to Kyan’s advanced portfolio margin engine, the system doesn’t just help users build trades. It also optimizes capital. Multi-leg strategies benefit from significantly reduced margin requirements because Kyan evaluates net risk across the entire portfolio.

Read this article to learn how Kyan’s PM system reaches the capital efficiency of CEXs.

Seamless Execution

Once the strategy is built, it gets executed as a single FOK (Fill-Or-Kill) unified order with just one approval, reducing slippage and execution risk. The system automatically handles all legs behind the scenes (without partial fills or order juggling) delivering a smoother, effortless user experience from start to finish.

Hedging with Perps

Kyan enables hedging with perpetual futures for all orderbook combo strategies, allowing traders to reduce the overall directional risk of their portfolio.

This is especially beneficial in options trading, where multi-leg strategies often involve exposure to price movements that can be difficult to manage with options alone. By incorporating perps, traders can fine-tune their delta and protect against unfavorable market moves. This added flexibility helps improve risk management, optimize margin usage, and enhance the performance of advanced strategies.

Multi-leg Trading Made Seamless

Kyan’s combo builder is a gateway to professional-grade options trading. With portfolio margin, flexibility, and customization, it offers serious trading power without sacrificing ease of use. The ability to hedge directional exposure with perps allows traders to manage risk more precisely and unlock even greater control over their portfolios.

Whether you're hedging, speculating, or building a strategy that’s uniquely yours, Kyan gives you the tools to trade with an edge.

Trade Multi-leg Strategies on Kyan

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​Kyan will be a significant upgrade for anyone trading decentralized derivatives.

If you have any questions about Kyan or portfolio margin, join our Discord or shoot us a message on X. We would love to know your thoughts!

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