To enhance flexibility and efficiency, Kyan introduces sub-accounts: independent accounts controlled by the same wallet, with their own separate portfolios for each asset.
What Are Sub-accounts on Kyan?
When a user connects their wallet (EOA) to Kyan, a sub-account is automatically created for them, simplifying the onboarding process.
Think of sub-accounts as separate wallets inside of Kyan. They’re all controlled by the same EOA, but they’re completely independent in terms of risk and margin requirements.
Every sub-account includes separate portfolios for BTC and ETH. The risks for these portfolios are entirely isolated from one another. Each portfolio has its own margin requirements, ensuring that the risks in one portfolio do not affect the others.
Innovative Features of Kyan’s Sub-accounts
Sub-accounts for Risk Isolation
Traders can create multiple sub-accounts*, each with their own margin accounts. Risks are isolated for each sub-account, meaning a margin call in one won’t affect the others.
*Note: This functionality is disabled for the duration of the Kyan Trading Competition. It will return for the mainnet launch.
Combo Trades for Flexibility
Kyan introduces a “shopping cart” mentality for trade execution. Traders can build combo strategies (e.g., straddles or spreads) in a single transaction, reducing execution risk and costs.
Cash Settlement for Liquidity
All trades on Kyan are cash-settled, ensuring efficient liquidity and compatibility with third-party integrations.