Options Protocol Lyra Avalon Is Live on Optimism Mainnet

Options protocol Lyra announces its upgrade Avalon is live on Optimism. Lyra Avalon retains the Two-sided options market, unified liquidity, composable delta hedging and other features of V1. The four main upgrades to Avalon include the ability for LPs to enter/exit the Lyra Market Maker Vault at any time, support for 3-month expiries options trading, partially collateralized option selling, and the ability to close positions for a small closing fee regardless of delta or expiration time. In addition, Lyra has introduced a redesigned trading interface in conjunction with the new features. The DApp has a new "Portfolio" page which acts as a control centre for traders and LPs, highlighting their positions and profits.