sUSD

2/23/2023 - (inactive) Lyra BTC Options Market Making has a 30d APY of -2.57%, a TVL of 1,273,155, and an Exponential Risk Rating of C. This pool allows you to deposit sUSD to create two-sided options markets for BTC while remaining delta-neutral.

(inactive) Lyra BTC Options Market Making on Optimism (sUSD)

This pool allows you to deposit sUSD to create two-sided options markets for BTC while remaining delta-neutral. Your yield is generated from swap fees paid by options traders and performance of BTC.

sUSD is a synthetic derivative of USD collateralized with SNX token at a 3:1 ratio.

This pool serves as a yield-generating account for you to earn yield on your USD stablecoins subject to market conditions

Investment Strategy

Fundamentals

Risk

Risk of losing your entire investment due to systemic issues. Based on chain, protocols and assets.

Reflects how much principal is at risk due to the nature of the pool`s economic design

Lyra BTC Options Market Making

Pool Design

Reflects how liquid the asset is, collateralization level, dependency risks, and reliance on centralized entities

Asset Strength

Reflects the economic design of the asset and convex relationships

Asset Tokenomics

Code quality of the underlying smart contracts

Lyra

Protocol Code Quality

Reflects how long the protocol has been around, the value of the assets deposited in the protocol and its level of decentralization

Protocol Maturity

Protocol’s systemic risks or ponzi like dynamics that can lead to loss of principal

Protocol Design

Reflects how long the blockchain has been running and the total value of assets on the network

Optimism

Chain Maturity

Reflects the blockchain’s fundamental risks, total value invested, and level of decentralization

Chain Design

Reliability of the underlying blockchain from network congestion or halts

Chain Reliability

Pool Fundamentals

Something that shows up when you hover over the (i) icon

Yield Source

Your yield consists of options trading fees and dynamic vault fees on the Optimism blockchain

This pool has been receiving protocol incentives to encourage more user deposits