Trading Rewards

An overview of the trading rewards for market takers

Updated over a week ago

The Ecosystem Incentives Program introduces trading rewards for market takers based on fees paid - 150,000,000 LYRA tokens will be distributed over 96 weekly epochs.

*15% of the rewards can be used for Growth Experiments.

How do trading rewards work?

Weekly Rewards

Each epoch lasts one week and has a predetermined amount of rewards allocated (for an overview, see the ''Rewards Schedule'' below).

Generate Fees

Users can compete for a share of the weekly allocated rewards by generating fees while trading options and perpetuals across the available markets on the Lyra protocol.

Pro-Rata Percentage

At the end of each epoch, users earn a pro-rata percentage of the allocated rewards based on their total fees paid throughout the week.

Reward Distribution

The earned rewards are distributed to users in the form of LYRA on the Lyra Chain after the conclusion of an epoch.

*All rewards earned during the first 12 epochs (''Launch Season'') are distributed on May 1st, 2024, at 00:00 UTC.

Claiming Rewards

Users can claim their earned rewards on the Rewards page of the Lyra interface once they have been distributed.

*This means that rewards cannot be claimed on a weekly basis until after epoch 12 (see the ''Reward Distribution'' above).

Reward Schedule

Epoch

Start

LYRA Rewards

1

Feb 7, 2024, 00:00 UTC

1,239,669

2

Feb 14, 2024, 00:00 UTC

1,239,669

3

Feb 21, 2024, 00:00 UTC

1,239,669

4

Feb 28, 2024, 00:00 UTC

1,239,669

5

Mar 6, 2024, 00:00 UTC

1,363,636

6

Mar 13, 2024, 00:00 UTC

1,487,603

7

Mar 20, 2024, 00:00 UTC

1,611,570

8

Mar 27, 2024, 00:00 UTC

1,735,537

9

Apr 3, 2024, 00:00 UTC

1,983,471

10

Apr 10, 2024, 00:00 UTC

2,107,438

11

Apr 17, 2024, 00:00 UTC

2,231,405

12

Apr 24, 2024, 00:00 UTC

2,355,372

13

May 1, 2024, 00:00 UTC

2,479,339

14

May 8, 2024, 00:00 UTC

2,479,339

15

May 15, 2024, 00:00 UTC

2,479,339

16

May 22, 2024, 00:00 UTC

2,479,339

17

May 29, 2024, 00:00 UTC

2,479,339

18

Jun 5, 2024, 00:00 UTC

2,479,339

19

Jun 12, 2024, 00:00 UTC

2,479,339

20

Jun 19, 2024, 00:00 UTC

2,479,339

21

Jun 26, 2024, 00:00 UTC

2,479,339

22

Jul 3, 2024, 00:00 UTC

2,479,339

23

Jul 10, 2024, 00:00 UTC

2,479,339

24

Jul 17, 2024, 00:00 UTC

2,479,339

25

Jul 24, 2024, 00:00 UTC

2,454,545

26

Jul 31, 2024, 00:00 UTC

2,429,752

27

Aug 7, 2024, 00:00 UTC

2,404,959

28

Aug 14, 2024, 00:00 UTC

2,380,165

29

Aug 21, 2024, 00:00 UTC

2,330,579

30

Aug 28, 2024, 00:00 UTC

2,305,785

31

Sep 4, 2024, 00:00 UTC

2,280,992

32

Sep 11, 2024, 00:00 UTC

2,256,198

33

Sep 18, 2024, 00:00 UTC

2,206,612

34

Sep 25, 2024, 00:00 UTC

2,181,818

35

Oct 2, 2024, 00:00 UTC

2,157,025

36

Oct 9, 2024, 00:00 UTC

2,132,231

37

Oct 16, 2024, 00:00 UTC

2,082,645

38

Oct 23, 2024, 00:00 UTC

2,057,851

39

Oct 30, 2024, 00:00 UTC

2,033,058

40

Nov 6, 2024, 00:00 UTC

2,008,264

41

Nov 13, 2024, 00:00 UTC

1,958,678

42

Nov 20, 2024, 00:00 UTC

1,933,884

43

Nov 27, 2024, 00:00 UTC

1,909,091

44

Dec 4, 2024, 00:00 UTC

1,884,298

45

Dec 11, 2024, 00:00 UTC

1,834,711

46

Dec 18, 2024, 00:00 UTC

1,809,917

47

Dec 25, 2024, 00:00 UTC

1,785,124

48

Jan 1, 2025, 00:00 UTC

1,760,331

49

Jan 8, 2025, 00:00 UTC

1,710,744

50

Jan 15, 2025, 00:00 UTC

1,685,950

51

Jan 22, 2025, 00:00 UTC

1,661,157

52

Jan 29, 2025, 00:00 UTC

1,636,364

53

Feb 5, 2025, 00:00 UTC

1,586,777

54

Feb 12, 2025, 00:00 UTC

1,561,983

55

Feb 19, 2025, 00:00 UTC

1,537,190

56

Feb 26, 2025, 00:00 UTC

1,512,397

57

Mar 5, 2025, 00:00 UTC

1,462,810

58

Mar 12, 2025, 00:00 UTC

1,438,017

59

Mar 19, 2025, 00:00 UTC

1,413,223

60

Mar 26, 2025, 00:00 UTC

1,388,430

61

Apr 2, 2025, 00:00 UTC

1,338,843

62

Apr 9, 2025, 00:00 UTC

1,314,050

63

Apr 16, 2025, 00:00 UTC

1,289,256

64

Apr 23, 2025, 00:00 UTC

1,264,463

65

Apr 30, 2025, 00:00 UTC

1,214,876

66

May 7, 2025, 00:00 UTC

1,190,083

67

May 14, 2025, 00:00 UTC

1,165,289

68

May 21, 2025, 00:00 UTC

1,140,496

69

May 28, 2025, 00:00 UTC

1,090,909

70

Jun 4, 2025, 00:00 UTC

1,066,116

71

Jun 11, 2025, 00:00 UTC

1,041,322

72

Jun 18, 2025, 00:00 UTC

1,016,529

73

Jun 25, 2025, 00:00 UTC

966,942

74

Jul 2, 2025, 00:00 UTC

942,149

75

Jul 9, 2025, 00:00 UTC

917,355

76

Jul 16, 2025, 00:00 UTC

892,562

77

Jul 23, 2025, 00:00 UTC

842,975

78

Jul 30, 2025, 00:00 UTC

818,182

79

Aug 6, 2025, 00:00 UTC

793,388

80

Aug 13, 2025, 00:00 UTC

768,595

81

Aug 20, 2025, 00:00 UTC

719,008

82

Aug 27, 2025, 00:00 UTC

694,215

83

Sep 3, 2025, 00:00 UTC

669,421

84

Sep 10, 2025, 00:00 UTC

644,628

85

Sep 17, 2025, 00:00 UTC

619,835

86

Sep 24, 2025, 00:00 UTC

619,835

87

Oct 1, 2025, 00:00 UTC

619,835

88

Oct 8, 2025, 00:00 UTC

619,835

89

Oct 15, 2025, 00:00 UTC

619,835

90

Oct 22, 2025, 00:00 UTC

619,835

91

Oct 29, 2025, 00:00 UTC

619,835

92

Nov 5, 2025, 00:00 UTC

619,835

93

Nov 12, 2025, 00:00 UTC

619,835

94

Nov 19, 2025, 00:00 UTC

619,835

95

Nov 26, 2025, 00:00 UTC

619,835

96

Dec 3, 2025, 00:00 UTC

619,835

Terms of Use

Please note that traders must abide by the Terms of Use or risk exclusion from the Protocol Incentives Program and exclusion from trading on the Lyra protocol. Terms of use include but are not limited to prohibitions of inorganic trading activity (e.g., ''gaming'' rewards), and trading from restricted jurisdictions.

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