Lyra Finance protocol
Overview
Lyra Finance is a decentralized options trading protocol built on the Optimism Layer-2 network. It enables users to trade crypto options using an automated market maker (AMM) model. The protocol features its own governance token, LYRA, used for staking and protocol decision-making.
Within the DeFi Intel graph, Lyra Finance connects to 4 tracked entities, most strongly to Arbitrum, Base, Optimism.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 4 of 4 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Arbitrum | 81% |
deployed_on | Base | 81% |
deployed_on | Optimism | 81% |
upgraded_to | Stryke (ex-Dopex) | 80% |
Frequently asked questions
What is Lyra Finance?
Lyra Finance is a decentralized options trading protocol built on the Optimism Layer-2 network, enabling users to trade crypto options using an automated market maker (AMM) model.
What chains is Lyra Finance deployed on?
Lyra Finance is deployed on Arbitrum, Base, and Optimism.
What is the LYRA token used for?
The LYRA token is the protocol's governance token, used for staking and protocol decision-making.