TRADE
YIELD
LEADERBOARD
AIRDROP
Lyra

TOKENIZED

▚▚

DERIVATIVES

DEX

YIELD

TOKENIZED

▚▚

DERIVATIVES

DEX

YIELD

Earn yield with restaking derivatives

Volume
...
TVL
...
Trades
...

RESTAKING +
DERIVATIVES
YIELD

Lyra is the derivatives yield factory. Earn yield from structured products on your restaked ETH, interest-bearing stablecoins and other collaterals.
Strategy Graphic

sUSDeBULL

Pre-Deposit
Principal Protected
Bullish ETH
TOTAL DEPOSITED0.0 sUSDe
MAX CAPACITY15,000,000.0 sUSDe
[SOON] BULL CALL SPREADS0-42.5% APY
LDX POINTS1x Multiplier
ETHENA SATS5x Sats / Day
View Details
Strategy Graphic

weETHC

Live
Covered Call
TOTAL DEPOSITED0.0 weETH
MAX CAPACITY3,000.0 weETH
COVERED CALL YIELD...
LDX POINTS3x MULTIPLIER
ETHERFI POINTS3x MULTIPLIER
EIGENLAYER POINTSVARIABLE
ETH STAKING REWARDS...
View Details
Strategy Graphic

rswETHC

Live
Covered Call
TOTAL DEPOSITED0.0 rswETH
MAX CAPACITY2,000.0 rswETH
COVERED CALL YIELD...
LDX POINTS4.5x MULTIPLIER
SWELL POINTS4.5x MULTIPLIER
EIGENLAYER POINTSVARIABLE
ETH STAKING REWARDS...
View Details
Strategy Graphic

rsETHC

Live
Covered Call
TOTAL DEPOSITED0.0 rsETH
MAX CAPACITY3,000.0 rsETH
COVERED CALL YIELD...
LDX POINTS2x MULTIPLIER
KELP MILES2x MULTIPLIER
EIGENLAYER POINTSVariable
ETH STAKING REWARDS...
View Details
Strategy Graphic

USDC

Live
Exchange
TOTAL DEPOSITED$0.00
MAX CAPACITYUnlimited
LENDING INTERESTVARIABLE RATE
LDX POINTS1x MULTIPLIER
View Details

TRADE WITH POWER

Lyra is the feature-complete derivatives DEX. Trade options and perpetuals with cross-asset collateral, cross-margin, portfolio margin and the superpower of self-custody.
Trade

The Everything DEX

Trade options, perpetuals and spot all at once in the most capital efficient on-chain DEX.
Options Page Screenshot
Trade Form Screenshot

Low Fees, Zero Gas

Once you deposit to Lyra L2, you no longer pay gas fees for each transaction.
Margin Health Screenshot

Buying Power

Maximize your buying power with portfolio margin and cross-asset collateral.

Deep Liquidity

Instant access to deep liquidity on Lyra's orderbook.
Orderbook Screenshot
Payoff Chart Screenshot

Unlimited Strategies

Build any payoff to execute any trading strategy.

The Everything DEX

Trade options, perpetuals and spot all at once in the most capital efficient on-chain DEX.
Options Page Screenshot

Deep Liquidity

Instant access to deep liquidity on Lyra's orderbook.
Orderbook Screenshot
Trade Form Screenshot

Low Fees, Zero Gas

Once you deposit to Lyra L2, you no longer pay gas fees for each transaction.
Margin Health Screenshot

Buying Power

Maximize your buying power with portfolio margin and cross-asset collateral.
Payoff Chart Screenshot

Unlimited Strategies

Build any payoff to execute any trading strategy.

FAQS

Frequently asked questions from the Lyra community

What is a DEX?

A DEX, or decentralized exchange, is a peer-to-peer marketplace where transactions occur directly between traders. DEXs foster financial transactions that aren't officiated by banks, brokers, or any other intermediary. Their key features include self-custody, transparency, borderless transactions and immutability. As a user of a DEX, you control your private key and no centralized entity can access your funds or make trades on your behalf.

What is the LDX token?

The LDX token is the utility token of the Lyra Protocol and L2. It enables governance of the Lyra DAO and aligns interests between various stakeholders. Learn more

What is the Lyra Protocol?

The Lyra Protocol is a permissionless protocol that settles perpetuals, options and spot trades. The protocol is deployed to Lyra Chain, an Optimistic Rollup that settles to the Ethereum blockchain. The protocol is governed by the Lyra DAO and LYRA token holders. Learn more

Can US citizens use the Lyra Exchange?

No, Lyra Exchange and its products are not available to customers in the United States.

Our platform is unavailable in the following regions: Australia, the United States of America, Canada, Panama, Iran, Iraq, Libya, Mali, Nicaragua, Cuba, Democratic People’s Republic of Korea (North Korea), Russia, Somalia, Sudan, Syria, Yemen, Zimbabwe, Myanmar (Burma), Cote D’Ivoire (Ivory Coast), Democratic Republic of Congo, the regions of Crimea, Donetsk, or Luhansk

Read our  Terms of Use
 for more details.

LATEST POSTS

Updates and announcements from Lyra
https://blog.lyra.finance/content/images/2024/06/Group-278--2-.pngFree Token Program
https://blog.lyra.finance/content/images/2024/05/Group-270_c.pngC-Tokens; Derivatives Yield for LRTs
https://blog.lyra.finance/content/images/2024/05/Group-263.pngOne-Click Spreads
https://blog.lyra.finance/content/images/2024/05/Group-258--1-.pngLDX Airdrop
https://blog.lyra.finance/content/images/2024/05/Group-254--2-.pngDerivatives Yield On EigenLayer
https://blog.lyra.finance/content/images/2024/04/ldx_farming_program.pngLDX Farming Program
https://blog.lyra.finance/content/images/2024/06/Group-278--2-.pngFree Token Program
https://blog.lyra.finance/content/images/2024/05/Group-270_c.pngC-Tokens; Derivatives Yield for LRTs
https://blog.lyra.finance/content/images/2024/05/Group-263.pngOne-Click Spreads
https://blog.lyra.finance/content/images/2024/05/Group-258--1-.pngLDX Airdrop
https://blog.lyra.finance/content/images/2024/05/Group-254--2-.pngDerivatives Yield On EigenLayer
https://blog.lyra.finance/content/images/2024/04/ldx_farming_program.pngLDX Farming Program