Introduction:We’re excited to launch a new trading competition around the price outcomes of The Merge with over $30,000 (in OP) in prizes. Ethereum will soon merge from proof of work to proof of stake and with any event of this magnitude there will likely be price volatility.

Summary:📊 Lyra Stats ☄️ Learn How to Boost Your Lyra Rewards 🥕 Lyra Trader Incentives Overview 🔙 Bitcoin Options Market is Live 🗓 Lyra Launches Three Month Expiries 🦘 Polynomial V2 Vaults & Lyra LP Incentives 💻 DevCo & AAVE LEAPs ⚔️Synthetix X Lyra Twitter Space on the Avalon Launch 🧵 Lyra Threads You May Have Missed

After a month of unincentivized activity on the new Avalon release of the Lyra protocol: LPs have generated 2.8% returns on capital deposited on day 1$20m+ notional volume and $1m+ premiums have been tradedMarket-Maker Vault utilization has been consistently maxed out It’s time to add some fuel

It’s here! We’re proud to announce the most significant upgrade to Lyra yet, Avalon. Now live on Optimistic Ethereum, Lyra Avalon builds off the strong foundation established in V1 (Two-sided options markets, unified liquidity, composable delta hedging) with a suite of new features which will offer the best

Now that nearly 9 rounds of trading are in the books, it's time to examine how the Lyra AMM has performed. We’ll first dive into the mechanics of the AMM and then dig into the numbers to see how the AMM has fared, and how it might perform going

Lyra will set a new standard for on-chain options trading with The Avalon Upgrade. Rolling options expiries out to 3-months, unified liquidity across strikes, partially collateralized short options, anytime entry/exit from market maker vaults - Lyra is about to enter a league of its own. After launching the Lyra

Given the amount of exciting things that have been happening with Lyra over the last couple of months, a blog update is long overdue! This post will focus on the Avalon Upgrade, what it means for the protocol, and some goals for the next few months. In just under 6

Next week we’re running a testnet trading competition where traders will compete for their share of 51,500 $LYRA in prizes and 5 Lyra-themed CryptoTesters NFTs. The competition will run from Tuesday 12th of April at 12am UTC for two weeks until the 26th of April. We received over

Since the token launch, Lyra has been incentivising a number of pool 2 staking programs to ensure there would be sufficient liquidity for trading on both Optimism and Ethereum Mainnet. While effective in achieving this objective, the method of incentive allocation could be more efficiently designed. Over this period, the

We’re excited to announce that the Lyra GrantsDAO is active and looking forward to receiving proposals! This is a great step-forward for Lyra in its aim to become a fully decentralized protocol. The GrantDAO consists of five community and team members, who are tasked with authoring new request for

Options and perpetual futures provide traders with unique benefits compared to basic spot trading, which has led to their increasing popularity on both centralized and decentralized trading platforms. While options have less inherent risk (albeit still a risky product), perps are more cost effective. While this guide will not explore

Today we’re announcing that Lyra has integrated Hop Exchange natively into the Lyra trading dApp in a move to further improve the onboarding experience to L2 Ethereum. Hop is the leading bridge protocol for sending tokens across rollups and their shared layer-1 network in a quick and trustless manner.