Trading
How to trade
Trading on Lyra Markets is an on-chain AMM swap. Connect a wallet on Ethereum, choose Buy or Sell, set size and slippage, then settle against the pool.

Markets list
Markets currently lists 14 tokenized assets. Each row shows price, 24h change, 24h volume (through Lyra, not Uniswap-wide), and a permission badge.
| Control | What it does |
|---|---|
| Search | Filter by symbol or name |
| All / Permissioned / Permissionless | KYC-gated pools, open pools, or both |
| Category | Equities, ETFs, treasuries, commodities, credit |
| Sort by | Name, price, 24h change, or 24h volume |
- Permissionless (globe) — no identity check to trade.
- Permissioned (lock) — complete KYC before trading.
Place a swap
Open an asset
Select a row from Markets or from the home preview. Confirm the badge says Trading Open. If there is no pool, you cannot swap.

Connect on Ethereum
Connect your wallet from the header or the trade panel. Permissionless pools must be on Ethereum mainnet. Once connected, the panel shows your token balances instead of Connect Wallet.
Enter the order
Choose Buy or Sell. Buy uses YOU PAY (USDC). Sell uses YOU SELL with the asset ticker. Review the quote, then confirm in your wallet.

You receive is estimated output. Min received applies slippage (default 0.5%, or 0.1% / 1.0%). Price is the pool spot; the percent next to it is the asset’s 24h change. Route is the pair (for example CFG/WETH). Fee fills in from the quote; listed swap fee is 0.20%.
Swaps settle on-chain immediately. Track fills under Activity. Charts use live pool OHLCV (1H through ALL).
Permissionless vs permissioned
Permissionless
Most listed markets are Uniswap-routed RWA pools. The trade panel shows No KYC. Connect a wallet on Ethereum and swap.
Examples: PAXG, XAUt, wM, USD0, CFG, CPOOL, ONDO.
Permissioned
Gated markets show a lock badge and KYC required. The swap still uses the same AMM path; the app blocks the trade until the wallet is verified.
Examples: CHEX, DUSK, PRO, IXS, RSR.


