coin icon

Lyra Finance Price

(LYRA)

Note: This cryptocurrency has not yet been officially listed on KuCoin TR.

--

circle
    pk

    LYRA(LYRA) Profile

    altRank--
    rate--
    Expand arrow icon
    • Website

    • Documentation

    • Explorer

    • Contract

      • Ethereum 0x01ba67...5bf
    • Audited By

      • https://www.certik.com/projects/lyrafinance?utm_source=CMC&utm_campaign=AuditByCertiKLink
    • Code & Community

    • Investors

      • Framework Ventures
      • ParaFi Capital
      • Jump Capital
      • Divergence Ventures
      • Robot Ventures
      • Apollo Capital
      • Magnet Capital
      • GSR
    --
    --

    ATH
    0.68984555
    Price Change (1h)
    --
    Price Change (24h)
    --
    Price Change (7d)
    --
    Market Cap
    24h Volume
    --
    Circulating Supply
    580,900,604
    Max Supply
    1B

    About LYRA

    • How can I buy Lyra Finance (LYRA)?
      Buying LYRA on KuCoin TR is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy Lyra Finance (LYRA) for more information.
    • Coin description

      Lyra is an automated market maker (AMM) for trading European options on Ethereum. Lyra prices options using a market based, strike-adjusted implied volatilities (IV) applied to a Black Scholes model. It also automatically accounts for Vega and Delta risk that LPs are exposing to. 

      Lyra will accept a stablecoin as collateral, and will offer options in rounds. A round is defined as a 28 day period, with options tradable for 4 discrete expiries within that time (7, 14, 21, and 28 days from the commencement of the round). The liquidity will be split into two sub-pools, namely the Collateral Pool which collaterizes options and pays/receives premiums, and the Delta Pool which hedges the delta exposure of the AMM by trading the underlying asset.

      The goal for an options market maker is to find an IV value at which demand roughly equals supply. In this situation the AMM can collect fees on trades without taking on risk itself, as it is buying and selling options in equal amounts. The AMM is designed to respond to supply/demand to reach this IV level efficiently. This market-derived IV value is then used to calculate the Black Scholes price of an option (W).

      Liquidity providers can deposit sUSD to a Lyra market maker vault (MMV) in order to collect trading fees from users of the protocol. Users can deposit or withdraw their funds into the AMM at any point in time, subject to a short delay. After the 7-day cooldown timer elapses and pending the circuit breakers, the net asset value (NAV) of the pool (the sum of free liquidity, the delta hedging position, and the pool's option exposure) is calculated using a geometric time-weighted average value (GWAV). The value of each LP token is calculated by dividing the NAV by the number of LP tokens in circulation. The user then has LP tokens minted/burned, the number of which is given by the value of deposited/withdrawn capital divided by the value of a single LP token. 

    FAQ

    • What is the all-time high price of Lyra Finance (LYRA)?

      The all-time high price of Lyra Finance (LYRA) is 0.69. The current price of LYRA is down -- from its all-time high.

    • How much Lyra Finance (LYRA) is there in circulation?

      As of 8 25, 2025, there is currently 580,900,604 LYRA in circulation. LYRA has a maximum supply of 1B.

    • How do I store Lyra Finance (LYRA)?

      You can store your Lyra Finance in the custodial wallet of a cryptocurrency exchange without having to worry about managing your private keys. Other ways to store your LYRA include using a self-custody wallet (on a web browser, mobile device, or desktop), a hardware wallet, a third-party crypto custody service, or a paper wallet.