Lybra Finance
Lybra Finance is a 2023-launched DeFi protocol issuing LSD-collateralized, interest-bearing stablecoins (eUSD, peUSD) with multi-chain interoperability, but its anonymous governance, lack of formal compliance, and community-only support limit traditional enterprise adoption.
Industry
Finance & Insurance
Market Categories
Stablecoin Issuers
Business function (Horizontal)
Finance
Headquarters Location
NA
Product Name
Lybra
Parent Company
Lybra Finance
Founder
NA
Web2vsWeb3
Web3
Access Model
Target Users
Consumers, Institutions
Competitors
Frax; Pendle; OlympusDAO; Liquity; Abracadabra
Business Function (stablecoins)
Issuance & Redemption, Reserve Management, Liquidity Provision, Yield Management, Transaction Settlement
Feature completness
Product differentiation
First LSD-collateralized interest-bearing stablecoins (eUSD, peUSD); non-rebasing omnichain peUSD for predictable balances; integration with Layer2 (Arbitrum) and full LSD-Fi stack.
Privacy & Data protection certificate
Years in business
2.49
Employees
Horizontal Applications
Lending & Borrowing, Decentralized Finance (DeFi) Applications, Liquidity
Tech stack modernity
Built on Ethereum PoS (Solidity); deployed on Arbitrum (Layer 2); uses LayerZero for omnichain; integrates Lido, Rocket Pool, Binance LSD collateral; audited by Consensys Diligence
Product Roadmap
Expand LSD collateral set; enhance peUSD omnichain functionality; deepen integrations with additional Layer 2s and DeFi protocols; introduce V2 features (e.g., variable collateralization parameters).
Product Roadmap
Expand LSD collateral set; enhance peUSD omnichain functionality; deepen integrations with additional Layer 2s and DeFi protocols; introduce V2 features (e.g., variable collateralization parameters).
API Quality
Documentation Link
Enterprise readiness
Low—anonymous team and no legal entity impede due diligence; lacks formal compliance (SOC 2/GDPR); community-only support; suitable only for innovation labs/crypto treasuries.
Security & Compliance Readiness
Audited by Consensys Diligence (V2); over-collateralization and automated liquidation; bug bounty program (relatively small); no SOC 2/GDPR/HIPAA certifications.
Documentation quality assessment
Lybra Finance V2 documentation on GitHub detailing smart contract architecture, collateral parameters, and tokenomics; lacks detailed enterprise integration guides.
Support Methods
Community-driven support on Telegram, Discord, LinkedIn, X; no SLA, dedicated account management, or enterprise training programs.
Critical capabilities
Multi-chain deployment (Ethereum, Arbitrum), LSD integration (stETH, rETH, WBETH), LayerZero omnichain support for peUSD/LBR, audited smart contracts for mint/borrow/liquidation; Security and Compliance: Over-collateralization (≥150 %), automated liquidation, Consensys Diligence audit, bug bounty program;
Support & Account Management
Community-driven support on Telegram, Discord, LinkedIn, X; no SLA, dedicated account management, or enterprise training programs.
51 Score™
388.33
Product & Service
52.0
Stability & Maturity
33.3
Technology & Innovation
40.0
Enterprise Readiness
30
Categorization
Founder
NA
Parent Company
Lybra Finance
Market category
Stablecoin Issuers
Target Users
Consumers, Institutions
Top competitors
Frax; Pendle; OlympusDAO; Liquity; Abracadabra
