Lyra Finance Price (lyra/CAD)
Lyra Finance
Currency
Official Site
GitHub
White Paper
Official Site
GitHub
White Paper
Lyra Finance market data
Trading Volume
24h
Circulating Supply
623,632,817.240789
62.363%
Volume / Market Cap
$0.00 / 0
Market Dominance
0%
Total Supply
1,000,000,000
BID
N/A
ASK
N/A
What Is Lyra Finance (LYRA)?
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.
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