Academy
Learn LP without the jargon.
Honest guides to concentrated liquidity, agent automation, and the tradeoffs LPs actually live with. We wrote these because the docs we wished existed when we started building Lyra didn't.
- 5 min readApr 22, 2026
Concentrated liquidity, in plain English.
What an AMM is, what concentration changes, and why every LP eventually meets the same tradeoff.
Read article - 6 min readApr 23, 2026
Why agents reshape positions (and why we charge for it).
Reshaping is the heartbeat of an LP agent. Here's what it costs, why too much is bad, and how Lyra earns its fee.
Read article - 6 min readApr 24, 2026
Reading your Lyra vault dashboard.
A walkthrough of every metric on the vault page, what it means, and how to spot when something is off.
Read article - 6 min readApr 24, 2026
Impermanent loss is just price exposure.
The phrase "impermanent loss" is misleading. Here is what it actually is, and when fees outweigh it.
Read article - 6 min readApr 25, 2026
When LP agents fail (and why we tell you).
Agents are not magic. Here are the failure modes we've seen, the ones we expect, and how the system handles them.
Read article
More articles coming. We'll add a new piece each time we ship a new agent or learn something worth writing down.
