About Project:
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 liquidity 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.
Key Value Propositions:
-Capital Efficiency
-UX
-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 Suite
-Non Custodianship and Low fee
-For the foreseeable future, fees will be low thanks to Sui, we’ll try to optimise our order routing till then
-All funds except maintenance margin stay in your wallet.
Team:
Tech Lead - Sarthak Rajwanshi
Product and Quant - Aditya Dwivedi
Django on-chain - Kinshuk Kashyap
Full Stack Engineer - Ananya Singh
Tokenomics Geek - Kratik Lodha
Banker - Jash Patwa
Design - Manajit Pal
Website: Kriya DEX on Sui 💧 – Efficacy Labs
Blog: https://kriyadex.substack.com/
Twitter: https://twitter.com/KriyaDEX
Discord: Kriya DEX
Github space is not available
