Derive
LYRA
An options automated market maker (AMM)
$
0.000291
-3.13% - All-time high $ 0.6779 (Dec 18, 2021)
- All-time low $ 0.00044 (Sep 17, 2024)
- Trading Volume(24h) 164.84% $ 61.021
- Circulating Market Cap$ 181,924.092 #2169
- Fully Diluted Valuation$ 291,720
- Circulating Supply623,632,817.241 LYRA
- Total Supply1,000,000,000 LYRA
- Total Raised $6.8 M
- Contract Address
0x01ba...05bf
| 1h | 24h | 7d | 30d | 60d | 90d |
| 0.29% | 3.13% | 43.19% | 51.00% | 20.62% | 14.12% |
Details
Lyra is an automated market maker (AMM) for options, allowing traders to buy and sell options on cryptocurrencies from a pool of liquidity. Liquidity providers (LPs) deposit sUSD (a stablecoin) into one of the asset-specific Lyra Market Maker Vaults (MMVs). This liquidity is used to create two-way (buy and sell) options markets for the asset that the vault holds (e.g. ETH Market Maker Vault LPs quote options on ETH). LPs deposit liquidity into the vault to receive the fees paid when options are traded. Traders use Lyra to trade options, either buying options from or selling options to the MMV. They pay fees (in the form of the market-making spread) to LPs, as payment for their liquidity.
Fundraising
Related News
$
0.000291
-3.13% 
- All-time high $ 0.6779 (Dec 18, 2021)
- All-time low $ 0.00044 (Sep 17, 2024)
- Trading Volume(24h) 164.84% $ 61.021
- Circulating Market Cap$ 181,924.092 #2169
- Fully Diluted Valuation$ 291,720
- Circulating Supply623,632,817.241 LYRA
- Total Supply1,000,000,000 LYRA
- Total Raised $6.8 M
- Contract Address 0x01ba...05bf
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The Archives Including
Significant Events
Dec, 2024
Derive raised $ 500 K in Community round
Aug 29, 2024
Nov, 2022
Derive raised $ 3 M in strategic financing
Jul, 2021
Derive raised $ 3.3 M in funding round
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