
What is Lyra?
Lyra wants to be one of the first to compete with centralized exchanges with its decentralized options protocol. To do this they've added competitive features to their chain that they hope will make them the go-to destination for actively trading options. Some of these features on Lyra include the ability to instantly buy and sell calls and puts, accurate pricing comparable to other exchanges, providing consistent liquidity, and mitigating risk for limited partners.
Web3 dapps and developer tools related to Lyra
Discover blockchain applications that are frequently used with Lyra.

Decentralized Derivatives
GMX is a decentralized exchange platform.

Decentralized Indexes
Parcl enables you to invest in the price movements of the housing market around the world.

Decentralized Synthetics
Metronome Synth enables users to generate a variety of synthetics using crypto assets as collateral.
Resources and Guides about Decentralized Options
Lyra Alternatives
Explore web3 competitors and apps like Lyra.

Decentralized Options
Vaultka is the catalyst of perpetual exchanges, providing 1-click strategies for your LP tokens.

Decentralized Options
Dopex is a maximum liquidity and minimal exposure options protocol.

Decentralized Options
Friktion is a cryptocurrency portfolio management platform designed to perform across market cycles.
