Announcements - Lyra Blog

SOL options market now live

We're excited to announce that the Solana ($SOL) options market is now live on Optimistic Ethereum Mainnet. Traders can now trade call and put options on SOL instantly with low gas fees. Trade SOL options ➜ Our objective is to continue adding options markets for the most popular tokens in DeFi

Announcements

Introducing $LYRA SM Staking

We’re thrilled to announce that Lyra’s Security Module now accepts deposits in LYRA on Layer 1 Ethereum. As outlined in LEAP-13, there will be a total of 3,000,000 LYRA distributed to stakers between today (January 14) and April 1, 2022. Deposit $LYRA to the SM 👉 hereWhat

Announcements

Lyra 2022 Roadmap

It’s been an incredible year for Lyra. In just a few months the protocol has supported over $110m in notional trading volume and over $120m TVL thanks to market-leading spreads, industry-leading UX, and unified options liquidity provision. We’ve assembled a strong and engaged community backed by a world-class

Announcements

LYRA is live

After 6 weeks of Ignition, we’re thrilled to announce the launch of LYRA, the native token of the Lyra protocol. Today, 65m LYRA is being distributed to almost 16,000 addresses. LYRA will have three initial use cases: Governing the protocol via election of the Lyra Council.Securing the

Announcements

An Optimistic Launch for $LYRA

We are excited to announce that the LYRA token will launch on Optimism next week with a one-month liquidity mining program for the LYRA/ETH pair. This will be the first token launch natively on layer two, allowing users to claim LYRA at a fraction of the cost that would

Community

Lyra Community Rewards

Lyra is committed to becoming a fully decentralized protocol, using token-voting to delegate council representatives that will shape the direction of the DAO and protocol. As such, we are distributing 13.25m LYRA tokens (1.325% of the total supply) to 1,711 valuable community members and 4,434 early

Announcements

Optimism Regenesis Scheduled Downtime

On November 11th at 10am PST Optimism will be conducting a regenesis of the OE network. This will not put any funds at risk, but it will mean that transaction history will be lost. The purpose of the regenesis is to launch the next generation of Optimistic Ethereum, introducing EVM

Product

Introducing the Lyra Security Module

Introducing Lyra’s Security Module (SM). A well capitalized pool of liquidity that underwrites trading activities is a key piece of infrastructure for any DeFi (and CeFi) trading venue. This becomes especially important following the execution of future roadmap items such as partially-collateralized options trading. This blog post will examine:

Product

LINK options market now live

We're excited to announce that the Chainlink (LINK-USD) options market is now live on Optimistic Ethereum Mainnet. Eligible traders can now buy and sell options on LINK instantly with low gas fees. Trade LINK options ➜ Our objective is to continue adding options markets for the most popular tokens in DeFi

Announcements

Lyra Trial Liquidity Mining Program

[Note 27/09: This blog has been updated to reflect the new parameters for the liquidity mining program as described in LEAP-3] Today we are announcing the start of a trial liquidity mining program, designed to increase the supply of sUSD on OE and enable a better experience for Lyra’

Partnerships

Lyra integrates with 1inch on Optimism

Following a successful launch on Optimistic Ethereum, we are thrilled to announce that Lyra has integrated with the 1inch Network to provide in-app swapping, accessing the best pricing across multiple liquidity sources in DeFi. 1inch uses the Pathfinder algorithm which finds the best paths across over 60+ liquidity sources on

Announcements

Lyra OΞ Mainnet Launch

We are proud to announce that Lyra is now live on the Optimistic Ethereum (OΞ) mainnet! To start trading head to https://app.lyra.finance or check out the onboarding guide. Lyra is the first project to be built natively for OΞ, accessing a design space that is unbounded by

Announcements

LyraDAO receives $1M contribution from the synthetixDAO

We’re excited to announce that the LyraDAO has received a $1M contribution from the synthetixDAO. DAOs have come of age in 2021, with DeFi and NFT projects alike opting for their flexible structure. Synthetix has been one of the pioneers of the movement, proving that it is possible to

Announcements

Lyra DAO raises $3.3m

We’re excited to announce that Lyra has raised $3.3M co-led by the largest venture capital firms in DeFi, Framework Ventures and ParaFi Capital, with support from the DeFi Alliance, Divergence, Orthogonal, Robot Ventures, Apollo Capital and Magnet Capital. Lyra is the first options protocol to manage risk for

Announcements

Introducing Lyra

We’re excited to introduce Lyra, DeFi's first complete options AMM. Find out more at https://lyra.finance/