Lyra Finance
LYRA

0.04681
$
6.39 %
Change 24h
Market Cap
$ 5,660,760
Volume 24h
$ 62,594
Circulating Supply
120,728,000
LYRA
$
Description
Lyra is an open protocol for trading options built on Ethereum. Lyra allows traders to buy and sell options that are accurately priced with the first market-based, skew adjusted pricing model. Lyra also quantifies the risks incurred by liquidity providers and actively hedges them, encouraging more liquidity to enter the protocol. LYRA is the native utility token that is used for: - Depositing in the security module to backstop the protocol. - Used for governance votes to determine how network resources are allocated. - Trader and LP incentives.