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Lyra (LYRA)

Lyra, a DeFi platform focused on options trading and built on the Ethereum layer 2 protocol Optimism, giving traders 24/7 access to crypto markets with low fees and subsecond transaction speeds.

Seed Round: $3.3M

Strategic Round: $3M

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Project industryExchanges & Wallets / Optimism Ecosystem
Product typeProtocol
WhitepaperLyra White Paper Open

What is Lyra

In August of 2021, Lyra was launched as one of the first protocols to access the scalability of Layer 2 Ethereum on Optimism.

With the launch came the invention of Lyra Market Maker Vaults, a novel take on an Automated Market Maker for options that combines a best-in-class dynamic volatility model and risk management architecture to provide well-priced, two way options markets in DeFi.

Lyra designed and developed the first performant, scalable and accessible options decentralized exchange infrastructure and continues to innovate at the forefront of the space.


Token supply: 1,000,000,000 LYRA
Total tokens for sale: 100,000,000 LYRA
Raised: 6,300,000 USD


Blockchain Platform: Optimism
Registration year: 2021

Token info

Ticker: LYRA
Type: Utility-token
Token standard: ERC-20
Token price in USD: 1 LYRA = 0,015 USD
Token distribution:
10% - Investors
20% - Team
20% - DAO
15% - LP rewards
15% - Trading rewards
2% - SNX stakers
3% - Community incentives
5% - Token Liquidity
10% - Security Moduke

Project team

Michael Spain
Michael Spain
Michael Spain linkedin

Social media

Lyra web-siteLyraYouTubeLyra TwitterLyra DiscordLyra Github



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