Derive (Lyra) protocol
Overview
Derive, previously known as Lyra, operates as a decentralized protocol for options trading on Layer 2 scaling networks. The platform employs an automated market maker model to enable the purchase, sale, and liquidity supply of options contracts for digital assets.
Within The Counterparty graph, Derive (Lyra) connects to 5 tracked entities, most strongly to Ethereum, Arbitrum, Optimism.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 5 of 5 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Ethereum | 85% |
deployed_on | Arbitrum | 85% |
deployed_on | Optimism | 85% |
replaced_by | Lyra Finance | 85% |
deployed_on | Derive | 85% |
Frequently asked questions
What is Derive (Lyra)?
Derive (Lyra) is a perp-dex tracked in The Counterparty knowledge graph. It is connected to 5 other tracked entities, most strongly to Ethereum, Arbitrum, Optimism.
What type of entity is Derive (Lyra)?
Derive (Lyra) is classified as a perp-dex (protocol) in The Counterparty knowledge graph.
What is Derive (Lyra) connected to?
In The Counterparty knowledge graph, Derive (Lyra) is linked to 5 other tracked entities, most strongly to Ethereum, Arbitrum, Optimism.