Kriya Community Update #2

First and foremost, we hope you are all safe after the FTX saga – we are safe too. The events of the past few weeks further emphasize the desperate need for decentralization and have driven us to be as transparent as possible with our community – so here’s your update on what we’ve accomplished so far and where we’re headed towards.

Introducing Kriya

At Efficacy Labs, our vision has always been to build products that provide users with flexibility and capital efficiency in expressing market opinion, empowering them to generate yield across cycles.

Kriya Community Update #1

Our aim with these progress reports is to briefly reflect on what happened over the past few weeks as well as share with the community, what exciting things are in the pipeline in the future.

Derivatives are finally here!

In this month’s release, we’re happy to launch perpetual futures trading on KriyaDEX 🚀 If you head to kriya.finance now, you won’t find KriyaSwap (the Spot AMM DEX we launched in November’22), rather you’ll find a completely overhauled UI specifically meant for trading derivatives!

Kriya Tech: Why we chose Sui

Developers and traders forever have debated whether an orderbook is better for trading or an AMM. Turns out, like most other things, it depends on context. Within Efficacy Labs’ whole suite of DeFi products, KriyaDEX is meant to be the platform where degen traders and institutions both come to trade margined derivative products (like perpetuals, options, dated futures etc.).

Kriya Community Update #2

First and foremost, we hope you are all safe after the FTX saga – we are safe too. The events of the past few weeks further emphasize the desperate need for decentralization and have driven us to be as transparent as possible with our community – so here’s your update on what we’ve accomplished so far and where we’re headed towards.