Demex Daily #56: $LYRA Lyra V2 Debuts on Optimism with Advanced Trading Features and New Competition; Cardano Codebase Shifts to Intersect's Stewardship in Voltaire Era

What’s Interesting Today:

Lyra V2 has developed its own custom chain using the Optimism stack, providing ultra-fast trading and execution while maintaining self-custody and on-chain financial operations. In its previous version, Lyra V1, it handled 60% of the decentralized options volume, with over $1.5 billion in notional volume traded. The upgraded Lyra V2 features a professional-grade user experience and aims to attract users from centralized exchanges. Key features of Lyra V2 include portfolio margin, cross-asset collateral, and gasless transactions. To test the new protocol, Lyra has initiated the BTCETFPVP trading competition.

Phantom Wallet, originally focused on Solana, has now added support for Bitcoin, Ordinals, and BRC-20 tokens. This expansion, which follows its integration with Ethereum and Polygon, marks a significant development in Bitcoin's role within the digital asset economy. Celebrated by key crypto figures, this move represents Bitcoin's evolution from a peripheral to a central player in the crypto space. Phantom's new Bitcoin compatibility is currently available in beta, allowing users to incorporate Bitcoin and related assets into their Phantom wallets.

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