Lyra Finance LYRA current price is $0.1611 with a marketcap of $37.06 M. Its price is 13.89% up in last 24 hours.
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.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.