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Frequently asked questions
Lyra Chain is an EVM Layer 2 mainnet built with the OP Stack and secured by Ethereum, purpose‑built for onchain options and perpetuals with cross‑product margining and derivatives‑focused risk tooling. It uses ETH as the native gas token and supports trading, hedging, market‑making, liquidity provision, and launching structured products that settle natively on-chain. Performance aligns with OP‑Stack norms: ~2‑second block times and sub‑$0.05 average gas for simple transactions, enabling low‑latency derivatives execution.
Lyra Chain is an app‑specific L2 optimized for derivatives: the execution environment and ecosystem tooling emphasize cross‑margin, risk checks, and oracle‑driven pricing so capital efficiency and liquidation safety are handled natively rather than only at the dApp layer. Compared with general‑purpose L2s, it delivers fast finality (~2s blocks), low fees (usually cents), and high throughput (sustained double‑digit TPS with bursts into the hundreds), while activity is concentrated in options/perps trades and margin updates instead of NFT or meme‑coin traffic. In practice, actions that cost dollars on Ethereum L1 typically cost cents on Lyra Chain, with security inherited from Ethereum via optimistic rollups and connectivity across the Optimism Superchain.
Lyra Chain uses ETH as the gas token for transaction fees. You can obtain ETH by bridging from other chains or purchasing using thirdweb Bridge.
To bridge ETH to Lyra Chain, connect your wallet to thirdweb bridge, select your source chain, choose the token you want to bridge, select Lyra Chain as the destination, enter the amount, and confirm the transaction. The bridge will handle the cross-chain transfer instantly.
To build on Lyra Chain you can use thirdweb, which provides an easy way to build, monetize and scale your apps, games or agents. You can find detailed guides and documentation on https://portal.thirdweb.com to get started quickly.
To add Lyra Chain to your wallet, you can connect your wallet and click on [Add to Wallet] button at the top of the page. Alternatively, you can add the network manually using the RPC URL and chain details and add it to your wallet's network settings.
To send ETH on Lyra Chain, ensure your wallet is connected to the Lyra Chain network, enter the recipient's address, specify the amount of ETH to send, review the gas fee, and confirm the transaction in your wallet.