Lyra

What is Lyra

Lyra, a decentralized protocol, helps users buy and sell options crypto.

What is Lyra?

Lyra wants to be one of the first to compete with centralized exchanges with its decentralized options protocol. To do this they've added competitive features to their chain that they hope will make them the go-to destination for actively trading options. Some of these features on Lyra include the ability to instantly buy and sell calls and puts, accurate pricing comparable to other exchanges, providing consistent liquidity, and mitigating risk for limited partners.

Lyra Alternatives:

Bumper Finance
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Protect the value of your crypto using a radically innovative DeFi protocol. 

Dopex
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Dopex is a maximum liquidity and minimal exposure options protocol.

Hegic
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Hegic is an on-chain peer-to-pool options trading protocol on Arbitrum.

Opium
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Opium, a universal protocol, allows for creating, settling, and trading decentralized derivatives.

Opyn
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Opyn is a DeFi options trading protocol, allows for buying, selling, and creating options on ERC20s.

Panoptic
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Panoptic is the perpetual, oracle-free, instant settlement options trading protocol on Ethereum.