According to BlockBeats, on September 13, the decentralized derivatives trading platform Derive, formerly known as Lyra, announced the completion of its angel round funding. The funding round saw participation from DCFGod, EtherFi co-founder Rok Kopp, and SPREEK, among others.
Derive is a decentralized platform for trading cryptocurrency options and perpetual contracts. It supports various integrators, traders, and financial applications for institutions. The platform aims to make its protocol and infrastructure easily accessible, paving the way for the next wave of on-chain innovation and breakthroughs.