Lyra partners with Circle, adopts USDC as native stablecoin

Decentralized perpetual futures exchange Lyra (LIT) has entered a strategic partnership with Circle (CRCL) to adopt USDC as its native stablecoin, The Defiant reported. Over the past seven days, Lyra has recorded $8.7 billion in trading volume, ranking it fourth in the perp DEX sector behind Hyperliquid (HYPE), Aster (ASTER), and EdgeX (EDGE).