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FinTech Seed Founded 2021

Lyra

Lyra is a decentralized options protocol built on Ethereum that provides solutions for traders to buy and sell options( and for liquidity providers to access risk management tools( The platform features market-driven pricing( automated risk management( and delta hedging capabilities( Lyra enables traders to execute options transactions while providing liquidity providers with tools to manage their risk exposure in…

📍 Sydney, Australia · Cryptocurrencies,

Funding snapshot

Last roundSeed
Amount$3M
Date30 November 2022
Total raised$6M
Team size14

About

Lyra is a decentralized options protocol built on Ethereum that provides solutions for traders to buy and sell options( and for liquidity providers to access risk management tools( The platform features market-driven pricing( automated risk management( and delta hedging capabilities( Lyra enables traders to execute options transactions while providing liquidity providers with tools to manage their risk exposure in decentralized options markets( The protocol leverages blockchain infrastructure to deliver transparent and composable options trading without traditional intermediaries( Founded in 2021 and headquartered in Sydney( Australia( the company has raised $6.3M in seed funding from investors including Framework Ventures( GSR( ParaFi( Divergence( DeFi Alliance( Orthogonal( Apollo Capital( Magnet Capital( Robvc( and Fork Ventures.

Business model

Blockchain Infrastructure > Blockchain Network > Finance,

Cryptocurrencies > Financial Services > Investment Industry > Online Trading Platforms > Regular Trading

Institutional investors

Framework Ventures GSR ParaFi Divergence DeFi Alliance Orthogonal Apollo Capital Magnet Capital Robvc Fork Ventures Stani Kulechov Kieran Warwick Anthony Sassano Jordan Momtazi Tyler Scott Ward

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