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The Derive protocol is the culmination of 12 months of rigorous research and development. In this blog post, we deep dive into the key features of the protocol’s design, including its modular architecture, subaccount and asset management innovations, permissionless onchain risk checks and liquidations, and strategic trade-offs that contribute

Despite comprising the vast majority of the decentralized crypto options market, trading over $1.5bn in notional volume, more than all other options DEXes combined, Lyra V1 was not fine-tuned for the discerning demands of smart money. The time is ripe for that to change. Enter Derive, a fully redesigned,

TLDR Derive is a spot, perpetuals and options trading platform designed to be secure, performant and easy to use: * Derive Protocol, a decentralized settlement protocol for spot, perpetuals and options trading. * Derive Chain, an OP stack rollup providing high throughput, low cost settlement of transactions to Ethereum mainnet. * Support for

Lyra Governance V2 signals a progression from a representative council model, introducing a fully on-chain system that allows LYRA token holders to directly govern the protocol and treasury.

As we approach $1b in notional volume traded, it’s time to take another step forward in the evolution of The Lyra Protocol. This blog will share the implications of the Newport upgrade, covering how we’ve extended the protocols capability to integrate with any perpetual exchange on any EVM

Today, we’re delighted to announce that Lyra has raised $3m from Framework Ventures and GSR in a strategic round. Lyra will continue to work with respected and capable venture capital partners as the protocol continues building towards the vision of becoming the volatility engine that powers DeFi. In August

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