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Ethena Partners With Derive, sENA Holders To Receive 5% of DRV Supply
Derive, a decentralized options protocol, onboarded support for Ethena’s yield-bearing USDe stablecoin as collateral per the deal.

Lyra Finance Offers Leveraged Exposure to ETH Through Ethena
The platform has launched its sUSDeBULL vault, providing depositors with leveraged upside to ETH’s price increasing.

Synthetix Incentivizes sUSD Liquidity On Optimism With Lyra
Synthetix and Lyra look to boost sUSD liquidity on Optimism.

Lyra Plunges into Layer 2 Options Pool with Offering for Hedge Hungry Investors
With the market for Layer 1 tokens such as AVAX red hot this month, it would be easy to overlook a development on the Layer 2 side of the DeFi universe. Yet three days ago Lyra, a cryptocurrency options platform, released a new offering that will let investors trade on Layer 2, a catch-all term…





