Nick | Lyra Profile Banner
Nick | Lyra Profile
Nick | Lyra

@itseneff

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cofounder @lyrafinance , former equity options trader

Joined June 2015
Don't wanna be here? Send us removal request.
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@itseneff
Nick | Lyra
6 months
Just dropped my 2024 roadmap post for Lyra, Harvest Moon. The Lyra community has been planting seeds for 2 long years, it's time to reap what has been sowed. The future of DeFi options has never been brighter👇
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@itseneff
Nick | Lyra
1 year
It’s time to share our vision for Lyra V2. ❇️ A self-custodial, modular, performant stack for on-chain derivatives trading.
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@itseneff
Nick | Lyra
8 months
Decided to exclusively use modular systems in all aspects of my life, on and off chain
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@itseneff
Nick | Lyra
3 months
Took 3 years of grinding through the bear averaging 1-2m per day and now we're here
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@itseneff
Nick | Lyra
5 months
Been just over 2 months and Lyra has generated over $600,000 in fees. $15k a day added to the onchain insurance fund - just 10 weeks ago we were stoked with $1k a day. No longer an experimental protocol in the corner of a nascent L2 - Lyra is now a heavy hitter. But so far
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@itseneff
Nick | Lyra
8 months
🥲 An absolute joy to share Lyra v2 with the world after an 18 month marathon. V2 will deliver on the promise of onchain options, and within 6 months Lyra will be synonymous with crypto options, mark my words. The BTC ETF PVP marks the beginning of the rollout. We'll be
@lyrafinance
Lyra
8 months
Summon ye traders, the V2 rollout begins. 𝘽𝙏𝘾 𝙀𝙏𝙁 𝙋𝙑𝙋 now LIVE! Start trading:
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@itseneff
Nick | Lyra
6 months
New ATH for Lyra - $30m volume traded over the last 24 hours. Was averaging $5m just 3 weeks ago, now consistently posting $20m+ days. I see no reason why volumes can't 6x again over the next 3 weeks.
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@itseneff
Nick | Lyra
9 months
Now seems like a good time to ease back onto CT after 1.5 years of head down grinding 🫡 Going forward, you can expect more from me on: - Options (ETFs will catalyze a 50x in the sector and boy does CT need some accessible options content) - Lyra (ofc) - Trading/mkt making
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@itseneff
Nick | Lyra
5 months
genuinely feels like ETH to $5,000 in the next 4 weeks is max pain for many on the timeline (in memecoins, rotated to SOL, taking profits) it's my third cycle and i have zero evidence to back it up, but I can feel a rapid ATH break in my bones
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@itseneff
Nick | Lyra
7 months
$15m day on @lyrafinance v2 and it hasn't even fully launched yet Next stop $50m
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@itseneff
Nick | Lyra
4 months
Highest weekly fees for Lyra since launch, there’s something special brewing here after a difficult 3 year grind. Great traction, but no time to rest. Let’s heap more fuel on the fire: - Options markets++ - Perps markets++ - New products stop a brand new DeFi primitive 🔜
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@itseneff
Nick | Lyra
3 months
Lyra chain with Celestia underneath✨
@smyyguy
Dan Smith
3 months
Celestia's increased usage is largely driven by Orderly, Manta, and Lyra What happens when zk accounts are live and enable trustless two-way bridges between Celestia and ZK rollups... hmmm
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@itseneff
Nick | Lyra
5 months
Lyra has built the most powerful risk engine for onchain derivs (options and perps), already you can: - Deposit from: Arbitrum, Base, Optimism, Mainnet - Deposit: USDC, ETH, wstETH, WBTC, USDT collateral but this only hints at where we're going...
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@itseneff
Nick | Lyra
5 months
Who could have seen this coming? Year of options
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@itseneff
Nick | Lyra
6 months
Just dropped my 2024 roadmap post for Lyra, Harvest Moon. The Lyra community has been planting seeds for 2 long years, it's time to reap what has been sowed. The future of DeFi options has never been brighter👇
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@itseneff
Nick | Lyra
6 months
Lyra is the most powerful trading arsenal available on-chain. Best part? You earn $3.50 in rewards for every $1 in fees right now. Even better? You earn real tokens, not points. It's not difficult to treat users well and yet so many fail.
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@itseneff
Nick | Lyra
1 year
There's a lot of outdated information being spread about Lyra v2. One claim that seems to be making the rounds is that v2 has so much horsepower packed under the hood, the DEX will rumble upon wallet connection. That is actually true.
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@itseneff
Nick | Lyra
5 months
Lyra is making a concentrated, all in bet that onchain options will 100x by the end of 2025. The two catalysts? ETFs and cryptoeconomic security Study commodities markets.
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@itseneff
Nick | Lyra
4 months
$1m in protocol fees generated since the v2 launch. Proud of this milestone, but it is merely the curtain raiser for the Lyra Derivatives Network. Alpha coming this week.
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@itseneff
Nick | Lyra
1 year
another day, another open interest ATH for @lyrafinance on @arbitrum
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@itseneff
Nick | Lyra
1 year
This information is very old and out of date - community can expect an update on Lyra V2 at the end of this week, and I think they are going to like what they see.
@0xJohnBoyd
John Richard Boyd
1 year
1/ I'm going to have to issue a mea culpa to my friends about the aforementioned positive $LYRA news. I’ve learned more information about what the team is planning to do with the new appchain and CEX. Long story short, it’s NOT bullish for the $LYRA token. Read on below🧵⤵️
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@itseneff
Nick | Lyra
9 months
Secret's out, the former head of design for Robinhood options has been taking the Lyra V2 experience to a place no dapp has ever gone before. Mark my words: it will melt souls.
@lyrafinance
Lyra
9 months
A little help never hurts... The Lyra V2 UX just caught a tailwind.
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@itseneff
Nick | Lyra
8 months
$7.11m in volume over the last 24 hours in Bitcoin alone @lyrafinance remains the best place to trade BTC ahead of the ETF
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@itseneff
Nick | Lyra
6 months
Dropping a (long overdue) 2024 roadmap for Lyra this week Nigh time for a community rollcall ahead of a pivotal year
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@itseneff
Nick | Lyra
1 year
Lyra v2 is pushing the boundaries of what’s possible with web3 UX. Will melt souls.
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@itseneff
Nick | Lyra
7 months
Best spreads *anywhere* in crypto options for ETH <1% implied vols wide The power of Lyra v2
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@lyrafinance
Lyra
7 months
ETH options and perps are now LIVE on Lyra v2 ⚡️⛈️🌪️ Come check out the tightest spreads and biggest rewards in DeFi options.
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@itseneff
Nick | Lyra
5 months
Options in crypto have been shackled by low liquidity, limited products, and most crucially, limited imagination. @lyrafinance is changing all of that, it’s simple mathematics
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@itseneff
Nick | Lyra
5 months
$1 billion notional traded $912,000 in the insurance fund Phase 1: ▓▓▓▓▓▓▓▓▓▓▓▓▓░ 98% complete Phase 2: [loading]
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@itseneff
Nick | Lyra
7 months
Swapping: Uniswap Lending: Aave Options: Lyra Lyra is focused on one thing, and one thing only: being the clear category leader in DeFi options.
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@itseneff
Nick | Lyra
5 months
Do Kwon, Daniele Sesta, Su Zhu all positioned themselves as ‘men of the people’. They dealt with FUD by stirring up hate and armies of tokenholders to attack industry veterans calling for sanity as ‘out of touch elites’. Seeds of that brewing again. We must do better.
@llamaonthebrink
MilliΞ
5 months
The same ppl who simped for 3ac and ftx/sbf are shilling you the “eth roadmap is too complex” narrative Lesson there
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@itseneff
Nick | Lyra
4 months
World ain't ready for what we're dropping next week
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@itseneff
Nick | Lyra
5 months
There is a 100% chance Robinhood launches its own chain using Arbitrum Orbit, given the success of Base / Optimism. RemindMe! 3 months
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@itseneff
Nick | Lyra
6 months
Another $15m day for @lyrafinance - I'm confident we can 2x that in the next week
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@itseneff
Nick | Lyra
6 months
$22.75m today. It's not too late to be early. 1,500,000 $LYRA per week to traders using the most powerful financial arsenal available in DeFi - options AND perps.
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@itseneff
Nick | Lyra
8 months
Options markets now showing 70% IV for Jan 12th expiry. That means there's an expected daily move of ~3.66% for BTC until then. A 6 month IV high ahead of the ETF decision and renewed uponly PA - buckle up.
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@itseneff
Nick | Lyra
6 months
$15m yesterday, $20m today 2024 is the year of options
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@itseneff
Nick | Lyra
6 months
Another $15m day for @lyrafinance - I'm confident we can 2x that in the next week
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@itseneff
Nick | Lyra
4 months
The scope of Lyra is 100x bigger than when it all kicked off 3 years ago. Ethereum’s scaling roadmap will create a whole new category of users who need products that hedge and generate yield. The Lyra Derivatives Network will be facilitating that expansion with novel, powerful
@lyrafinance
Lyra
4 months
LDX airdrop farming is now LIVE ⚡️ LDX is the new utility token for the Lyra Derivatives Network. LYRA holders can stake and lock to start earning their LDX airdrop 👉 What is LDX? Let’s unpack ↓
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@itseneff
Nick | Lyra
5 months
0 day options vs perps - Trading 0 or 1 day options allows you to get up to 200x leverage with no liquidation risk - They are a powerful tool to play reversions on cascades - The tradeoff? If the market doesn't move, you lose your premiums Let's walk through an example 🧵
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@itseneff
Nick | Lyra
3 months
Breakout week at Lyra: record fees, volumes, and signups, and we're only 4 days in 📈
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@itseneff
Nick | Lyra
1 year
excited for @lyrafinance to facilitate price discovery on $OP and $ARB options with some liquid two-way trading !!!
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@lyrafinance
Lyra
1 year
Upgraded trading on @optimismFND is now live! We’ve relaunched our OP deploy with a new AMM that: 📊 Increases the portion fees directed to LPs 💱 Can access 40+ new markets on @synthetix_io 🪙 Uses USDC to trade and LP Learn more:
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@itseneff
Nick | Lyra
5 months
Is there any other protocol or exchange in the world that allows you to trade w/ portfolio margin + cross asset using staked ETH as collateral? Serious question, because this is powerful as fuck
@lyrafinance
Lyra
6 months
Lyra is pioneering the expansion of wstETH. We’re working on a proposal for the @LidoFinance DAO to define the appchain standard. BETA live now - deposit wstETH 👉
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@itseneff
Nick | Lyra
5 months
Lyra liquidity consistently improving. Spreads are 60% tighter over the last month and sizes on / behind the BBO continue to get bigger. If you haven't checked out v2 yet - this week might just be a good time to do so. Gonna be a big week.
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@itseneff
Nick | Lyra
5 months
The world is about to find out what a composable derivatives network looks like
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@itseneff
Nick | Lyra
3 months
$60m in volume last 24 hours off the back of ETH ETF speculation - biggest day ever for @lyrafinance 🥲 Market pricing in a roughly 20% chance of ETH $5,000+ by June 28th.
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@itseneff
Nick | Lyra
8 months
Flash crash overnight is a good reminder that @lyrafinance is the best place to trade Bitcoin this week. Top ranked trader currently in line for 150,000 LYRA on ~2m notional volume traded (~$800 in fees), with 8 days to go...
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@itseneff
Nick | Lyra
5 months
Add another $30m to that today. But we're not even close to scale. The vision for Lyra is so, so much bigger than a trading platform - there's a reason that multiple trillion dollar industries are built atop/using options in TradFi. More 🔜 ⛈️
@lyrafinance
Lyra
5 months
4 months of V2 🎉
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@itseneff
Nick | Lyra
6 months
Can't get scam-wick liquidated when you use options for leverage Possibly their most underrated feature in a market like this
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@itseneff
Nick | Lyra
7 months
farcaster is simply more fun
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@itseneff
Nick | Lyra
8 months
Translation: ETH’s price, should it reach 2475, could accelerate extremely quickly
@hansolar21
hansolar
8 months
ETH price at 2410 now From 2475 we enter negative gamma territory Are we about to see a GAMMA SQUEEZE?
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@itseneff
Nick | Lyra
6 months
- Best spreads in the game - Liquidationless leverage - Full self-custody - Earn tokens not points Simple as
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@itseneff
Nick | Lyra
7 months
Some exceptionally tight spreads on offer during this selloff in the Jan26 weekly on Lyra. 1.75% IVs wide in the at the money puts - best in market ANYWHERE
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@itseneff
Nick | Lyra
3 months
The most requested feature in Lyra history drops tomorrow 👀🌩️
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@itseneff
Nick | Lyra
7 months
$13m day across all markets on Lyra v2 - traders figuring out that there's no more powerful way to trade the breakout than with options. $150,000 in weekly rewards for market TAKERS only (across options and perps) - program launched yesterday.
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@itseneff
Nick | Lyra
5 months
Couple more tweaks needed and it'll be 100m+ per day Do not fade this community
@AlvHk17
AlvaroHK 🦇🔊
5 months
Another record week for Lyra v2: - Weekly volume: 124 M $ [New ATH!] 🟢🟢 - Weekly fees: 83,920 $ [New ATH!] 🟢🟢 - New daily ATH: Wed. 29,9M $ and 20,194 $ - Accumulated trading volume: 631 M $ - Accumulated fees into SM: 415,229 $ - TVL in Lyra L2: 14,4 M [+48% / +4,7 M $]👀
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@itseneff
Nick | Lyra
3 months
More onchain options protocols than users? Check again post Lyra Yield
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@itseneff
Nick | Lyra
8 months
I have it on good authority that this early listing was a direct result of Lyra's BTCETFPVP comp. Looking forward to continue to push boundaries for crypto options in 2024 together🫡
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@itseneff
Nick | Lyra
4 months
An infinite payoff factory to support infinite sum games. Excited to be supporting the expansion of cryptoeconomic security markets with groundbreaking partnerships and sustainable yield.
@lyrafinance
Lyra
4 months
Today, Lyra is announcing tokenized derivatives yield on EigenLayer. Restakers on @swellnetworkio , @ether_fi and more will be able to earn 10-50% APY on their LRTs by utilizing a new primitive that tokenizes basis trade and covered call strategies. Let’s unpack ↓
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@itseneff
Nick | Lyra
4 months
A brand new, crypto-native primitive
@itseneff
Nick | Lyra
4 months
World ain't ready for what we're dropping next week
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@itseneff
Nick | Lyra
3 months
Options remain the best tool to play events like the ETF approval. No liquidations AND more leverage on short time horizons. and Lyra remains the best place to trade options
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@itseneff
Nick | Lyra
7 months
<$1 ETH perp spreads on ETH (even better for options) AND Lyra's largest ever trading rewards program begins today. The scale-up commences.
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@itseneff
Nick | Lyra
4 months
The storm provides
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@itseneff
Nick | Lyra
3 months
Spreads looking glorious on this fine Friday ☀️ Even tighter ones available if you trade via RFQ. Call spreads, put spreads, risk reversals all available with extremely high cap efficiency, using one click
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@itseneff
Nick | Lyra
7 months
New Feb 9 BTC markets on @lyrafinance - feat. spreads 1.3 IV %s wide👀
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@itseneff
Nick | Lyra
3 months
Call spreads, put spreads, risk reversals, straddles, strangles, flies... all in one-click. Capital efficiency, precision, power. Infinite payoffs at your fingertips. Only on Lyra.
@lyrafinance
Lyra
3 months
It’s here. Our most requested feature; Spreads. Execute flexible strategies with 1 click; welcome to the infinite payoff factory. →
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@itseneff
Nick | Lyra
6 months
$100 in fees netting 9,000 $LYRA for the next trading epoch (rolling off in 24 hours) No better place to trade the bull market (options + perps)
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@itseneff
Nick | Lyra
5 months
Higher highs, higher lows. Only been 2 months 📈
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@itseneff
Nick | Lyra
1 year
Astonishing & heartening the difference between the state of DeFi now versus 2 years ago (peak clown): - New, exciting products launching weekly with clear use cases / great UX - Most unsound mechanisms blown up/flushed out - Tech (L2s, AA) has come a LONG way in the interim
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@itseneff
Nick | Lyra
5 months
I will continue to bang this drum for as long as it takes, so strap in. Use options for short duration leverage, not perps. No liquidations, can't get scamwicked.
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@itseneff
Nick | Lyra
5 months
The beatings will continue until trading improves
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@itseneff
Nick | Lyra
5 months
Hard to see the Superchain (because of Base) as anything else but a Schelling point for dApps and protocols. Seamless interoperability with Base was a large factor in the decision to launch Lyra as a Superchain rollup.
@Optimism
Optimism
5 months
Superchain ❤️ @base Recapping a perfect week: ✅ $4 billion in TVL ✅ 40+ TPS (ATHs) on a Sunday ✅ L2 with the highest Daily Active Addresses This doesn't even account for the growing transaction count + falling fees. The future looks very based and optimistic ✨
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@itseneff
Nick | Lyra
9 months
@lyrafinance Lyra Chain today, Superchain shortly
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@itseneff
Nick | Lyra
7 months
If you are a founder who is chatting with market makers offering you token option deals, DM me. Happy to chat no strings attached - many common pitfalls I can help you avoid.
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@itseneff
Nick | Lyra
4 months
4x $30m days (and 1 $40m day) in the last 10 alone. I remember when we were chuffed with a $10m day. Interestingly, options continue to be most popular when the market is in motion (versus perps on Lyra which tend to dominate in flatter markets).
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@itseneff
Nick | Lyra
8 months
Seems like @saylor should come trade some Jan12 56k on Lyra's BTC ETF PVP $600 in capital can get you $42,000 of exposure if BTC pops beyond $50k after an ETF approval. NFA.
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@WuBlockchain
Wu Blockchain
8 months
Michael Saylor, executive chairman of MicroStrategy, said that the market should not underestimate the importance of the upcoming Bitcoin spot ETF, this may be the biggest development on Wall Street in 30 years, this new investment tool will trigger a demand shock for Bitcoin and
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@itseneff
Nick | Lyra
6 months
Options provide more leverage than perps, with no liquidation risk if you're long. Ideal if you have short term views in volatile markets. The tradeoff? If spot doesn't move - you can lose all your capital if you buy options. Different tools for different opinions.
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@itseneff
Nick | Lyra
4 months
LRTs need optionality to be safely plugged into DeFi. E.g. ETH/LRT pegs restored by auto-exercising options on the ratio. The Lyra Derivatives Network will deliver custom, capital-efficient products to facilitate the Ethereum's roadmap. Pilot in the works, more soon.
@DeFi_Made_Here
DeFi Made Here
4 months
1/🧵 • 50% of Gearbox ezETH TVL wiped out + debt • 150 liquidations on Morpho • Millions were lost during 78% ezEth depeg Yesterday was just a rehearsal before a major depeg event once EL points are over At @0xfluid we protect lenders and borrowers and had 0 liquidations
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@itseneff
Nick | Lyra
6 months
Extremely cool build on top of v2, excited to watch the D2 team cook with Lyra++
@D2_Finance
D2 Finance
6 months
Introducing D2 Finance’s Lyra++ market Lyra++ introduces a revolutionary approach to options trading, leveraging relative value volatility trading strategies to optimize returns and mitigate risks effectively for ALL D2 Finance vaults @lyrafinance 🧵
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@itseneff
Nick | Lyra
9 months
Aug 2021: First project to launch natively to an L2 Dec 2023: We remain at the forefront of Ethereum scaling with the OP-stack compatible Lyra Chain @lyrafinance will always operate at the cutting edge of the tech, to give our users an unparalleled experience
@lyrafinance
Lyra
9 months
𝙏𝙝𝙚 𝙗𝙧𝙞𝙙𝙜𝙚 𝙞𝙨 𝙡𝙤𝙬𝙚𝙧𝙞𝙣𝙜, 𝙇𝙮𝙧𝙖 𝘾𝙝𝙖𝙞𝙣 𝙖𝙬𝙖𝙠𝙚𝙨. 𝘼𝙣 𝙚𝙭𝙥𝙡𝙤𝙧𝙚𝙧 𝙨𝙩𝙖𝙣𝙙𝙨 𝙧𝙚𝙖𝙙𝙮, 𝙖 𝙟𝙤𝙪𝙧𝙣𝙚𝙮 𝙖𝙬𝙖𝙞𝙩𝙨. 🧙 →
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@itseneff
Nick | Lyra
6 months
Hoist the colours
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@itseneff
Nick | Lyra
6 months
Open social media means you don’t have to wait for Reddit admins to build cool campaigns An homage to r/TheButton Cc @dwr @farcaster_xyz
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@itseneff
Nick | Lyra
5 months
$50m in OI - options are useful in bull, bear, or chop. And we've barely started. Next week, our biggest release since launch should throw some fuel onto this smouldering fire.
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@itseneff
Nick | Lyra
4 months
“It ought to be remembered that there is nothing more difficult to take in hand, more perilous to conduct, or more uncertain in its success, than to take the lead in the introduction of a new order of things. Because the innovator has for enemies all those who have done well
@haydenzadams
Hayden Adams 🦄
4 months
Today @Uniswap Labs received a Wells notice from the SEC. I’m not surprised. Just annoyed, disappointed, and ready to fight. I am confident that the products we offer are legal and that our work is on the right side of history. But it’s been clear for a while that rather than
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@itseneff
Nick | Lyra
7 months
Thrilled to be working closely Felipe and the Theia team in bringing crypto options mainstream in 2024 🫡
@TheiaResearch
Felipe Montealegre (IFS)
7 months
We are excited to announce an investment into @lyrafinance Thesis: Options are coming to the Internet Financial System and Lyra is going to lead the way Prediction: Lyra V2 will be able to take ~10% market share from Deribit over the next ~3 years
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@itseneff
Nick | Lyra
8 months
If options aren't in your trading arsenal in 2024, I'm afraid that you may not make it. Every options board tells a story, you just need to learn the language. Join us @lyrafinance , as we unravel the secrets of options flows in an accessible way, with the BTC ETF approval as
@lyrafinance
Lyra
8 months
Summon ye traders, the storm cloud brings; A month-long quest, to return a king. What is the BTC ETF PVP? 🧵👇
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@itseneff
Nick | Lyra
7 months
next 8 weeks at Lyra are going to be crazy
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@itseneff
Nick | Lyra
1 year
Seriously impressive lift from one of the Lyra community’s finest
@EthBoi_
Ethboi 🍊
1 year
🚀Announcing the Launch of Optionly! 🎉 1/ Excited to introduce Optionly, a new app that brings real-time options trades data right to your fingertips, sourced straight from the Lyra app.
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@itseneff
Nick | Lyra
6 months
Year of onchain options!!
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@itseneff
Nick | Lyra
7 months
Farcaster takeover 20% complete
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@itseneff
Nick | Lyra
4 months
Dubai for the week (e/maar) Would love to see as many friends, partners, Lyra community + builders as possible, reach out if you're here 🇦🇪
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@itseneff
Nick | Lyra
5 months
What has happened so far isn't even the culmination of phase 1, more like phase 0.25
@itseneff
Nick | Lyra
5 months
Been just over 2 months and Lyra has generated over $600,000 in fees. $15k a day added to the onchain insurance fund - just 10 weeks ago we were stoked with $1k a day. No longer an experimental protocol in the corner of a nascent L2 - Lyra is now a heavy hitter. But so far
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@itseneff
Nick | Lyra
6 months
@DeFi_Made_Here Not if you look at premiums - they're only 40% higher than Lyra so far in March. Unfortunately, they are 142,000% higher in notional volume. Why? Because you can generate $3,800 in notional volume with $0.10 in premiums. If you check the chain, it's clear that's happening,
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@itseneff
Nick | Lyra
6 months
Considering growing a mullet until $100m ADV
@lyrafinance
Lyra
6 months
Introducing Lyra Wallet, powered by @CoinbaseCloud . Lyra now supports creating a wallet with email, Google and Apple accounts. Under the hood we use a new embedded wallet feature by @CoinbaseCloud ’s Wallet as a Service. Just like your favorite CEX, but 100% self-custodial.
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@itseneff
Nick | Lyra
4 months
Onchain options? Think Lyra
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@itseneff
Nick | Lyra
3 months
Something special brewing
@lyrafinance
Lyra
3 months
$120m+ in volume over 2 days and $20m+ in TVL with the launch of LRT deposits. Just getting started.
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@itseneff
Nick | Lyra
8 months
Whew things are really firing on all cylinders - no better feeling than heaping fuel onto the fire of a live, scalable product
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@itseneff
Nick | Lyra
9 months
Blockchain rails are going to zero any business model that relies on friction, i.e. - Opacity - Complexity - High barriers to entry (red tape) Most TradFi / 10's-fintech business models are bandaids. DeFi is a cure.
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@itseneff
Nick | Lyra
6 months
never fade the Lyra books
@itseneff
Nick | Lyra
6 months
they right were right about 50k, can they do it again?
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@itseneff
Nick | Lyra
8 months
Samneet is one of the sharpest options brains and communicators around. Excited to have him working with us to break down the flows on Lyra!
@samchepal
Samneet Chepal
8 months
Thrilled to join @lyrafinance as an advisor, just as they roll out their impressive V2 protocol! Among the many DeFi options projects I've seen, Lyra stands out with its order book based liquidity platform and top-tier on-chain margining system. I'm particularly keen to observe
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@itseneff
Nick | Lyra
6 months
a glimpse into the future of onchain finance
@lyrafinance
Lyra
6 months
Lyra is pioneering the expansion of wstETH. We’re working on a proposal for the @LidoFinance DAO to define the appchain standard. BETA live now - deposit wstETH 👉
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@itseneff
Nick | Lyra
1 year
The quiet part about perps: because they never converge, you MUST close your position to cash out (i.e. they don't settle). You should always double the quoted fees/spreads in your head before making a perps trade. This is why exchanges love them so much.
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@itseneff
Nick | Lyra
5 months
Infinite sum games need infinite payoff structures Few
@eigenlayer
EigenLayer
5 months
EigenLayer Mainnet: The Journey Begins! We're excited to announce a multi-phased approach to a secure & successful EigenLayer & @eigen_da mainnet launch!
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@itseneff
Nick | Lyra
1 year
V2 is the final form of the volatility engine, composed of: ⛓️ Lyra Chain: A custom Ethereum rollup on the OP stack ⚙️ Lyra Protocol: A decentralized margining and risk engine 💱 Lyra Matcher: An open source order matching engine
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