On-chain options trading built for DeFi
Lyra is an options AMM with delta-hedging via perpetuals. Provides accurate pricing for ETH, BTC, and SOL options. The Newport upgrade brought full portfolio margin and institutional-grade Greeks.
Lyra Finance has been one of the most reliable protocols I've used. Great UX, deep liquidity, and the team is constantly shipping. Highly recommended.
Solid protocol with Options capabilities. I've been using it for over a year and it's been consistent. The LYRA tokenomics could be improved but overall a great dApp.
Took me a while to understand how to use Lyra Finance but once I got it, it's been great. Wish the documentation was a bit clearer for beginners.
External link — degen0x is not affiliated
Understand the fundamentals behind Derivatives with our free guides and earn XP.
Start Learning →