For example, a $2000 ETH call option dated July 21 means that the option holder has the right at a specific time on that date to buy one ETH for $2000.Currently,the total value locked (TVL) of DeFi options is approximately 120 million US dollars。In contrast, the TVL of the entire DeFi is 44 billion US dollars, while the TVL of centralized exchanges (CEX) is 100 billion US dollars.Therefore, in comparison, the DeFi options market is still relatively small.In comparison to the situation in June 2023 (data source:https://defillama.com/）： has the highest trading volume. The Lyra Protocol is an options liquidity protocol built on Ethereum that allows users to trade options priced using the first market-based skew adjustment pricing model.to take advantage of Ethereum's Layer 2 scalability. With the launch of Lyra Market Maker Vaults, this innovative options automated market maker combines top-tier dynamic volatility models and a risk management framework, providing DeFi with reasonably priced two-way options markets. Lyra also designed and developed the first high-performance, scalable, and accessible decentralized options trading infrastructure, continuing to innovate in this space.is the web interface that interacts with users for trading and accessing the Lyra protocol. This interface is very clear and simple: