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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

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

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

After a successful testnet beta and trading competition, we are excited to announce that Lyra has successfully integrated Chainlink Price Feeds [https://data.chain.link/], the industry-leading decentralized price oracle solution. Chainlink-powered decentralized oracles provide high-quality price data with high availability, resistance to manipulation, and transparency—a key input into

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 [https://blog.derive.xyz/onboarding-guide/]. Lyra is the first project to be built natively for OΞ, accessing a design

Lyra is joining Immunefi [https://immunefi.com/] to launch a smart contract bug bounty with up to $50,000 in rewards for critical vulnerabilities. Lyra is an options trading protocol on Ethereum. Designed natively for Optimism, Lyra is the first protocol to manage risk for liquidity providers, allowing it to

Today we are introducing the Lyra Launch Council, a community elected group that will oversee the launch of the protocol and token. In just two months, Lyra has grown from a handful of core contributors to a vibrant community with over 6000 discord members. After a successful testnet and trading