Buy Lyra Finance in Canada/

How to buy Lyra Finance (LYRA) in Canada

Updated on: 2025/08/10 23:43:44 (UTC+0)

Coin rating

4.4

Bitget is legally accessible in Canada. You can buy Lyra Finance in Canada through Bitget.

Note: Good things take time. This coin hasn't been listed yet. Stay tuned to our announcements for listing updates. Once it's available on Bitget, you can follow our tutorial to purchase it. The same tutorial applies to all listed cryptocurrencies on Bitget.

What is Lyra Finance (LYRA)?

Lyra Finance is an automated market maker for trading options on ERC-20 tokens on the Optimistic blockchain.

Michael Spain and Nick Forster launched Lyra Finance in 2021. Since then, the protocol boasts $1.08 billion in trading volume, $33.6 million in TVL, and 165.7k in number of trades.

How Lyra Finance (LYRA) Works

Lyra Finance has two key user groups: liquidity providers and options traders. Liquidity providers deposit sUSD or USDC into one of the asset-specific Market Maker Vaults (MMV) to receive trading fees, while traders use Lyra to trade options.

To price options, Lyra Finance uses the Black-Scholes model, which calculates the price based on the asset price, strike price, risk-free interest rate, time to expiry, and implied volatility. The AMM adjusts implied volatility for each strike and expiry based on supply and demand to converge to a market-clearing value.

To protect existing LPs, various deposit/withdrawal circuit breakers are used. Moreover, a multisig under the control of two core contributors and five members of the council can approve deposits manually only when they have been signaled for a sufficient period of time. This is to make sure that the circuit breaker doesn't stop funds from entering the pool for too long. The goal is to keep the MMV close to delta-neutral, so fluctuations in PNL are reduced for LPs.

How Many Lyra Finance (LYRA) Tokens Are in Circulation?

LYRA token has a total supply of 1,000,000,000, among which 65,000,000 tokens are being circulated.

How to Buy Lyra Finance (LYRA)

Consider investing in Lyra Finance (LYRA)? It only takes 2 minutes to create an account on Bitget and start trading LYRA.

Check out the available LYRA trading pairs on Bitget!

Spot market

LYRAUSDT

Lyra Finance (LYRA) Resources

Official Website

Official Documents

Simple 3-step guide to buying LYRA today in Canada

Create your free Bitget account

Provide your email address and place of residence.

Select a funding method

Fund your account using your preferred payment method.

Complete your Lyra Finance purchase

Buy Lyra Finance with as little as $5.

Step 1: Create a free account on the Bitget website or the app

Please verify your identity to ensure full compliance and enhance your Bitget experience.

You can access the identity verification page, select your country, upload your ID documents, and submit your selfie. You will receive a notification once your identity has been successfully verified.

Step 2: Place an order for Lyra Finance using a payment method of your choice:

Buy Lyra Finance with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget website
Select your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget website
For Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Lyra Finance order.
How to buy crypto with credit/debit card
Buy Lyra Finance with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Lyra Finance is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Lyra Finance order.
How to buy crypto via third-party gateway
Buy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Lyra Finance order.
Buy Lyra Finance with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Lyra Finance order.
P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.
How to buy crypto on Bitget P2P

Step 3: Monitor Lyra Finance in your Bitget spot wallet

If you've chosen to purchase Lyra Finance on Bitget, your Lyra Finance will be instantly credited to your Bitget spot account upon payment completion. You can click Assets located on the top right corner of the page to check your assets. Additionally, you can buy, deposit, convert, trade, and withdraw them.

Check your assets

Bitget—where the world trades Lyra Finance

Fast and efficient

Our advanced matching engine ensures a lightning-fast, smooth trading experience, making Bitget the go-to platform for speed and reliability.

Top-tier security

With proof of reserves, a dedicated protection fund, and third-party custody mechanisms, Bitget prioritizes the safety of your assets, earning the trust of millions globally.

Ultimate trading experience

Trade cryptocurrencies seamlessly with Bitget's deep liquidity, empowering you to make confident, stress-free transactions every time.

24/7 support

Bitget's dedicated customer service team is available 24/7 to provide fast, professional assistance, ensuring an exceptional user experience.

How to buy Lyra Finance for free

Using real money to buy Lyra Finance is not the only way to obtainLyra Finance. If you have the time to allocate, you can get Lyra Finance for free.

Learn how to earn Lyra Finance for free through the Learn2Earn promotion
Earn free Lyra Finance by inviting friends to join Bitget's Assist2Earn promotion
Receive free Lyra Finance airdrops by joining ongoing challenges and promotions

All crypto airdrops and rewards can be converted to Lyra Finance through Bitget Convert, Bitget Swap, or Spot Trading.

Note: Want to keep tabs on coin prices? Visit our Coin prices directory or Lyra Finance Price Page and bookmark them to stay updated!

Buy Lyra Finance

Are you planning to buy LYRA?

See if other users are buying LYRA:

Yes

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Buy Lyra Finance in a different country

You can easily buy Lyra Finance (Lyra Finance) with the lowest fees and highest security wherever Bitget is available. Simply select your country in the search box below to start buying Lyra Finance in your preferred location:

canada

A selection of popular Lyra Finance buying regions.

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A welcome pack of 6200 USDT for new users!

FAQ

Can I buy $1 worth of Lyra Finance?

In theory, Lyra Finance is divisible enough that you could buy just $1 worth, but Bitget's spot market requires a minimum order value of $5.

Can I buy $10 of Lyra Finance?

Yes, can be divided and bought in an amount worth $10. Bitget's spot market has a minimum order value of $5.

Where else can I buy Lyra Finance?

If a token is not available for purchase via the P2P market or debit/credit card. You can place a buy order for it via the spot market.

Where is the best place to buy Lyra Finance?

The best place to buy Lyra Finance is the exchange that provides hassle-free and secure transactions combined with a convenient interface and high liquidity. Millions of users every day choose Bitget as a trusted crypto purchase platform.

Should I buy Lyra Finance right now?

You should make a decision on purchasing or investing in Lyra Finance or other tokens after performing your own research and analysis. Bitget provides user-friendly crypto trading and purchasing services. Additional resources such as Bitget Academy and Bitget Insights help users to navigate the current market news and trends.

Canada is a country located in North America, it is bordered by the United States on land and the Atlantic Ocean to the east, and the Pacific Ocean to the west. Canada is not only the second-largest country by the total area of land, but also has the world's longest land border. Canada has a population of 36,991,981, and the currency is the Canadian dollar (CAD). The official languages in Canada are English and French, and both languages are supported on Bitget app and website.

The climate in Canada varies across different regions within the country, some of the areas experience harsh winters (with an average daily temperature of -15 °C). Much of the land in the northern part of Canada is covered by ice and permafrost and it is home to the Inuit people in Canada. The Inuit are the indigenous group of people who live in extremely cold weather such as in places like Alaska, northern Canada, and Greenland. You can go to Inuit Nunangat, a place where many Inuit people live, to experience the weather and see the houses that are made out of the seal’s skin.

Whether you are in Montreal, Calgary, or Vancouver, Bitget is ready to serve you with any kind of cryptocurrency needs. You can buyLyra Finance(LYRA)easily on Bitget, and enjoy full products and services such as crypto deposit, P2P, spot, and futures trading.

When investing in crypto currencies you want to be sure to rely on one of the best canadian crypto exchanges. Bitget is listed among the top crypto exchanges in Canada and offers a variety of crypto trading products to provide you with the best trading instruments in the crypto market.

With the Bitget App you will be able to track all the crypto currency prices at anytime. Whether you are a daily trader or a long term holder in Bitget you will find products for spot trading, cryptocurrency futures, trading bots, copytrading and much more.

If you haven’t heard of it yet, socia l trading and copytrading are some of the new trading concepts in the crypto industry. Those instruments allow you to look for the best crypto traders on Bitget and copy their strategies.

Cryptocurrency investment activities, including buying Lyra Finance on Bitget, are subject to market risk. Bitget offers simple and convenient ways to buy Lyra Finance instantly, and strives to provide transparent information about all cryptocurrencies available on the platform. However, we are not responsible for any outcomes resulting from your Lyra Finance purchase. This page and its content do not constitute an endorsement of any specific cryptocurrency or method of acquisition.