Lyra has rebranded to Derive. Derive is a decentralized trading platform for options, perpetuals, and spot trading. It is built as a Layer 2 solution on the Superchain using the OP Stack, offering high throughput and low transaction costs while benefiting from the security of the Ethereum mainnet. Lyra aims to provide a seamless trading experience that rivals centralized exchanges.
Technology:
Derive utilizes the OP Stack to create a scalable and efficient trading environment. The platform supports various trading instruments, including options and perpetuals, with features like portfolio margining and cross-margining. The architecture is modular, allowing for easy upgrades and the introduction of new features. Lyra ensures fast, low-cost transactions and integrates advanced smart contract wallets and gasless transactions to improve user experience.
Governance:
Derive is governed by the DAO, which oversees protocol upgrades, manages a security module, and fosters liquidity on the network. Governance is facilitated through the native token, allowing token holders to participate in decision-making processes. The DAO focuses on developing robust AMMs, engaging with the broader crypto community, and ensuring the protocol's scalability and security through decentralized governance mechanisms.
Dune Data
S6 Mission Dashboard
Superchain Eco
The S6 Mission Dashboard provides an easy-to-navigate overview of the Mission Request allocations per cycle.
Missions
Lyra Options
impossiblefinance
Lyra is an app chain built using the OP Stack. This dashboard provides an overview of how Lyra performes in comparison with other option protocols
