Lyra Price

Lyra is an options automated market maker (AMM) that allows traders to buy and sell cryptocurrency options based on a liquidity pool. The Lyra protocol primarily targets two types of users:

1. Liquidity Providers: They provide funds to the liquidity pool to facilitate options trading.
2. Options Traders: They utilise the liquidity pool for options trading, buying and selling cryptocurrency options.

The design of Lyra aims to provide a more efficient and flexible options trading solution for the cryptocurrency market. Through the automated market maker mechanism, Lyra can enhance market liquidity, reduce trading costs, and promote the development of the cryptocurrency options market.