KAITO is the core currency of Kaito AI’s InfoFi ecosystem, enabling transactions, governance, staking, and community engagement.

The S&P 500 fell 0.43% amid Walmart’s weak outlook, with investors eyeing PMI and home sales data next. Gold rose 0.23% to $2,939 on safe-haven demand but retreated from a $2,954 high. Traders await S&P Global Flash PMIs. Coindesk Indices, an index measuring broader cryptocurrency market performance was up by 0.02%, with Bitcoin and Ether rising by 2.46% and 0.69%, respectively in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today’s top performer is BERA, which surged nearly 15.8% after The Graph integrated Berachain Mainnet on day one, enabling seamless onchain data access.

Berachain (BERA), founded in 2021, is a Layer 1 blockchain with Proof-of-Liquidity consensus, ensuring security and liquidity while maintaining full Ethereum compatibility. The Graph has 

 support for the newly launched Berachain mainnet from day one. Developers can now query Berachain data using Subgraph Studio, making it easier to organize and access onchain data. This integration enables the creation of fast and efficient frontends for Berachain-powered dapps.

Check Out the Latest Prices, Charts, and Data of 

 is the core currency of Kaito AI’s InfoFi ecosystem, enabling transactions, governance, staking, and community engagement. The total supply is allocated as follows: 56.67% to community and ecosystem initiatives (including ecosystem growth, creator incentives, and liquidity rewards), 25% to core contributors, 10% to the foundation, and 8.3% to early backers. Distribution is merit-based, using AI-driven assessments of engagement, governance participation, and long-term alignment with Kaito’s vision. Staking provides rewards and voting rights, ensuring active participation. A claim process for KAITO will be announced soon.

Yesterday, BTC Spot ETFs recorded a net outflow of $252.8M, including $33.5M from GBTC and $219.3M from non-GBTC funds.

. With $43 million in funding, this presents a valuable opportunity. To maximize your points, complete the "Generate at least one transaction on Sahara Testnet" task by sending a small amount of SAHARA via Metamask. This earns 20 points, a significant amount compared to other tasks. Ensure you take full advantage of this opportunity.

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KAITO Powers the InfoFi Ecosystem with Governance Staking and Community Rewards

Kaito is an AI-powered information indexer specifically designed to deliver actionable insights for cryptocurrency traders and investors. Find out more now!

Within a year of its launch, Kaito has already established itself as a key player in the web3 industry. Its innovative approach combines artificial intelligence with publicly available crypto conversation data, creating a tool that can present an up-to-date picture of the events affecting the cryptocurrency space at any given time.

 is an AI-powered search engine specifically designed for the cryptocurrency space. It’s a premium service with a monthly subscription of $1,099. The platform indexes thousands of 

 sources that aren’t accessible through traditional search engines, and gathers data from Twitter, Discord, governance forums, research papers, news articles, podcasts and even conference transcripts. 

Kaito uses advanced AI algorithms and natural language processing to better understand context and gauge sentiment about topics. Its use of AI and an internal algorithm allows Kaito to filter out the noise, presenting a more accurate picture of community sentiment. 

. Before moving to web3, Hu worked in the traditional finance space for over eight years, including the management of a $500 million equities portfolio at Citadel. His aim with Kaito is to democratize web3 information by giving users access to tools and insights they need to navigate this ever-changing industry. 

Kaito has quickly attracted significant investment from major 

 in the industry. The project has already raised $10.8 million across two funding rounds.

The seed round in August 2023 was led by Dragonfly Capital, with participation from Sequoia Capital China, Jane Street and others, as Kaito secured $5.3 million. This was followed by a Series A round in June 2023, led by Superscrypt and Spartan, raising an additional $5.5 million with a valuation of $87.5 million. Other notable investors include Mirana Ventures, Folius Ventures and Alpha Lab Capital. 

Kaito offers a range of features designed to provide users with comprehensive and actionable insights. They include the following:

: Kaito’s platform uses a custom-built large language model (LLM) in combination with real-time data gathered from various sources to provide users with actionable insights on developments in the web3 space. 

:As a web3-native company, Kaito can analyze and understand the nuances of 

 and concepts. This gives it an edge when compared to Web 2.0 search engines that struggle to understand this space. 

: Kaito tracks market sentiment at various levels, including general market sentiment, sector-specific sentiment and sentiment toward specific tokens and projects, providing investors and traders with an important metric in assessing a project’s value.

Kaito uses a custom LLM to enhance its data processing capabilities. The platform aggregates data continuously from various sources, including social media, forums and news websites. This data is then processed using Kaito’s natural language processing capability to identify relevant information, extract key insights and analyze market sentiment. 

In addition, its platform uses a reputation system to give weightage to different posts based on the reputation of each poster. It also employs sophisticated algorithms to filter out spam and bots that often try to shape public opinion on social media platforms, especially on X. 

In December 2024, Kaito AI introduced two new elements to its ecosystem: 

 collection. Yaps is a scoring system that measures user contribution and engagement within the web3 community. Users earn 

 by creating valuable content, engaging with others in the crypto space and participating in discussions on 

. Kaito uses four main attributes in allotting these points:

The system also automatically filters out spam posts, making sure only real posters and useful posts can earn Yap points. While Kaito hasn’t officially confirmed a token airdrop associated with Yaps, the program allows participants to accumulate points that might play a role in future rewards, or initiatives within the Kaito AI ecosystem.

Participation in the Yaps program is completely free. Users just need to log in with their Crypto Twitter accounts and Kaito will start tracking their Yaps scores automatically. 

Genesis NFTis a limited-edition collection of 1,500 

 launched by Kaito AI. Priced at 0.1 ETH each, these NFTs have been minted in three phases:

As of Dec 26, 2024, NFTs in the collection are tradable on OpenSea, with a floor price of approximately 3.69 ETH. 

Kaito is a new and innovative service in the web3 space. Its use of AI to cut through the noise and fragmentation presents a great opportunity for the entire ecosystem. Kaito’s 

 suggests that it’s likely to roll out new features and/or services in the future. While the high subscription fee may be an obstacle for large-scale adoption, Kaito is still likely to become an important tool in the hands of institutions and 

 Perpetual Contract with up to 75x leverage now!

Intermediate

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Kaito: AI-Powered Web3 Information Platform

Our weekly crypto derivatives analytics report delves into macro events, the current state of crypto and trading signals from spot trading volume, as well as futures, options and perpetual contracts.

With fewer macroeconomic releases in early 2025, the crypto market has experienced lower volatility and stagnant spot prices. This has led to decreased implied volatility in derivatives, a steepening term structure and stable open interest. 

However, ETH options still anticipate continued price volatility. Historically, such sideways movements have seen altcoins underperform, reflected in disappointing funding rates in the derivatives market.

Please check out the report’s highlights.

Without clear narratives or volatile spot price movements, open interest in perpetual swap contracts has remained flat over the past two weeks, with trade volumes also subdued in this low-volatility environment. Notably, SOL's perpetual positioning hasn’t significantly changed, even with its spot price 35% below its all-time high from late January.

On February 17, ETH’s spot price surged 6%, contrasting with the sideways movement of other crypto assets, but those gains were nearly reversed within 24 hours. This led to higher realized volatility in derivatives, and a flatter term structure as compared to BTC. Traders continue to assign a premium to short-dated ETH options, whose volatility has been higher than that of BTC for some time. Additionally, ETH option trade volumes have spiked, with calls reaching $0.25 billion on Feb 15, 2025.

Since reaching its all-time high in late January 2025, Solana's spot price has declined, leading to muted options markets with low activity in both calls and puts. Open interest is balanced between upside and downside, and is primarily focused on longer-dated positions, reflecting a lack of interest in short-term trades amidst disappointing spot market activity.

Advanced

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Bybit X Block Scholes Crypto Derivatives Analytics Report (Feb 19, 2025): Crypto Remains Silent as ETH Sees Volatility

Across Protocol (ACX) enables seamless, low-cost cross-chain transfers with intent-based transactions, enhancing DeFi accessibility and security.

Transferring crypto assets from one blockchain network to another is still cumbersome, costly and inconvenient for many users, particularly those without a deep technical understanding of the technology. Numerous 

 solutions have emerged to facilitate the process, but the costs and complexity of crypto transfers are still an issue limiting the adoption of cross-chain 

Across Protocol (ACX) is a blockchain project that aims to tackle this problem by offering highly efficient, low-cost and secure cross-chain transactions based on intent technology. 

Intents — transaction requests with prespecified conditions — have seen rapid adoption in the blockchain industry. Across Protocol has focused its service offerings on using this promising technology. Begun in 2021 as a solution to facilitate token transfers between 

 networks linked to the blockchain, the protocol has evolved through two major version upgrades into a modular cross-chain solution that DApp operators can easily integrate into their platforms.

The protocol’s latest iteration, Across V3, features a modular settlement layer that 

 (DeFi) platforms can leverage to offer their users seamless, intent-based cross-chain swaps and asset transfers, all without leaving the user app’s native interface.

 (ACX) is an intent-based, modular web3 solution that offers cross-chain crypto transfers and swaps.

 Using the protocol, DApp operators can integrate Across into their own solutions to let their end users conduct intent-based cross-chain operations.

Across is not a newcomer to the blockchain scene — the project was launched in late 2021 and might be considered one of the first, if not the first, decentralized protocols specializing in intent-based cross-chain transactions. The original protocol, now known as Across V1, was primarily limited to enabling direct asset transfers between Ethereum and Layer 2 chains connected to the world's largest 

In June 2022, the protocol underwent its first significant upgrade with the introduction of Across V2. This upgrade improved the overall efficiency of the platform and introduced new functions. The major difference between V1 and V2 was that the latter could facilitate further intent-based transactions after the transfer of assets from the origin chain to the destination network. In contrast, Across V1 was limited to simple asset bridging between chains.

However, the protocol's most significant upgrade arrived in the form of Across V3, announced in February 2024, which introduced asset swap functionality and architectural modularity, allowing Across to act as a pluggable solution for various DeFi applications. Across V3 also simplified the calculation of fees for cross-chain operations. With Across V3, DApps of various kinds — primarily in the DeFi niche — can easily integrate intent-based cross-chain asset transfers, swaps and liquidity solutions into their own platforms. The protocol provides a set of APIs for developers for such integration.

The best part is that users of these DApps don't need to leave the platforms' native interfaces to execute the cross-chain operations. All of the activities supported by Across Protocol are carried out via the client's DApp interface. This is in stark contrast to the typical cross-chain experience for many web3 users, as they need to use multiple interfaces — e.g., one provided by an asset bridging solution and another at the destination app they use — to carry out their desired crypto operations.

Transactions executed by the protocol are based on user intents. Intents are conditional requests from users to perform some action, e.g., a token swap from ETH to USDT, if specific requirements are met, e.g., the swap rate is no lower than a certain value of ETH. In reality, many intents are executable transactions in the form of 

. Intent-based transactions have recently become popular in the crypto industry, due to benefits such as the limit on swap rates, a no-slippage fee model and other conditions that perfectly fit users' intended outcomes.

User intents are passed to Across's decentralized network or relayers, also known as solvers or fillers, which look for the best on-chain sources to satisfy the requests. Relayers compete with each other to offer the best solution to the user's stated outcome. The relayer that provides the best outcome earns the right to execute the transaction. This competitive relayer landscape allows end users to access the best possible rates for their cross-chain transfers and swaps.

Across Protocol locks user funds allocated for a transaction in an escrow pool instead of immediately transferring them to the winning relayer's custody, providing enhanced security to users. Relayers are responsible for providing the necessary funds to carry out the transaction on their own without having access to the user funds in escrow. When a relayer successfully executes an intent, they’re repaid from the liquidity pool holding the escrowed assets. To optimize 

, repayments to relayers are bundled and transferred in batches.

At the architectural level, Across is a modular system with three main layers — intent, relayer and settlement.

The intent layer is the component that handles user intents and their deposits at the origin chain. Then, the relayer hosts the network of relayer nodes and handles functions related to their activity — provision of capital to execute user intents, competitive bidding and the execution of intents.

The settlement layer is where the finalization of the transaction flow occurs, with relayers repaid in bundles and transactions settled on the destination chain. Verification of transactions uses an optimistic oracle that’s provided by the 

, a protocol specializing in blockchain oracle services.

Across Bridge is a cross-chain token bridge designed for efficient, low-cost and secure asset transfers. It provides an easy-to-use interface for users to move tokens seamlessly between different decentralized networks. To start using the bridge, you’ll need to connect a supported wallet. As of early February 2025, the bridge supports four popular wallet types — 

, Coinbase Wallet, Phantom and the group of wallets compatible with the WalletConnect framework. Currently supported networks for transfers include the Ethereum mainnet, 

 (POL) and zkSync Era. Transfers from the origin chain to the destination chain typically take only a few seconds to confirm.

Across+ is a bridge abstraction solution that utilizes cross-chain hooks to bundle multiple actions into one user transaction. In plain terms, it simply means that you can bridge assets to a protocol or DApp on the destination chain and carry out further actions (such as contributing liquidity) with a single transaction. For end users, this helps abstract the fact that the assets used for a crypto operation have been initially moved in from a different network. The cross-chain hooks let end-users carry out these transactions with a single instruction/signature, although under the hood, multiple actions are performed at the smart contract level.

Across+ boasts an extensive cross-chain reach. It currently supports 17 networks, including Ethereum and a wide range of Ethereum-linked Layer 2 chains.

Earlier, we noted that Across Protocol moved to a modular design with the launch of its V3 in early 2024. This shift to modularity has created opportunities for DApps and external protocols to use the platform’s settlement layer as a pluggable standalone product to provide efficient settlement for intent-based cross-chain transactions. Using Across Settlement, DApps can extend their functionality into intent-based liquidity operations, swaps and transfers. Across Settlement supports the same 17 decentralized networks that can be utilized with Across+.

In November 2022, Across Protocol launched its native token, ACX. The token is primarily used for 

, and holders can vote on various proposals related to the protocol's rules, future direction, treasury spending and native token emission. ACX holders exercise their governance function through membership in the Across DAO.

Holders of the token represent one component of the protocol’s governance model. The other two key parties involved are the Across Council and Committees, made up of specific subject matter experts. While all ACX token holders are entitled to vote on proposals, only those who hold at least 50,000 ACX (around $16,000) can submit proposals considered for voting.

ACX is a supply-capped asset, with a total and maximum supply of 1 billion. The token’s allocation shares are as follows:

 as a Perpetual contract with USDT. Under the terms of the contract, you can trade ACX with up to 50x leverage. The contract is available to traders in Bybit’s derivatives products, such as 

As of Feb 20, 2025, the ACX token is trading at $0.3257, which is 80.7% lower than its ATH of $1.69 on Dec 6, 2024, and 846.3% higher than its ATL of $0.03441 on Jun 1, 2023.

Long-term price forecasts for ACX are mostly bullish.DigitalCoinPrice 

 an average rate of $1.17 in 2027 and $1.78 in 2030, whileCoinCodex 

 the token to trade at around $0.34 in 2027 and rise to $1.12 in 2030.

The inefficient and often costly process of moving assets from one chain to another continues to hamper the adoption of DApps among crypto users. By enabling cross-chain intent-based functionality, Across Protocol seeks to provide DApps and their end users with a truly single-chain experience, where crypto operations across different networks can be handled from the same user interface.

Moreover, some of the protocol's key features — intent-based transaction execution, the competitive nature of the relayers' work and the batching of relayer repayments — contribute to lowering the costs of transfers and other crypto operations. Furthermore, the escrow system that the protocol employs protects users from malicious relayers, contributing to a stronger security profile for its platform. 

Minimal costs and tight security while carrying out your cross-chain crypto operations from a single DApp interface — these features aren't easy to come by all in one solution! 

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Across (ACX): An Intents-Driven Solution for Cross-Chain Transfers

Bybit Learn

Crypto

Prediction markets are decentralized platforms for betting on future events with blockchain-powered transparency, accessibility, and secure payouts.

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As their name implies, crypto prediction markets allow you to make money by betting on future outcomes of various crypto events. In general, prediction markets are divided into two types: sports and non-sports (crypto falls into the category of non-sports-related prediction markets).

Unlike traditional prediction markets, crypto prediction markets leverage 

, so they’re decentralized, globally accessible and highly transparent, especially in terms of price discovery. While traditional prediction markets carry most of the volume in this niche, there’s a growing demand for crypto prediction markets as crypto’s market cap continues to grow rapidly.

Let's dig deeper into crypto prediction markets and learn how you can capitalize on them to make extra money.

Prediction markets are platforms that allow you to trade contracts based on the outcome of future events. They’re fueled by the probability of an event occurring. When a bet favors the participant, they’re rewarded for their correct prediction.

Prediction markets offer an exciting interplay of finance, human psychology and the theory of probability that can lead to lucrative gains.

These markets can be centralized or decentralized. The centralized ones (e.g., Betfair and PredictIt) are operated by a single entity, so you’re required to trust them with the payouts and fairness of the outcome. Their decentralized counterparts — crypto prediction markets — are powered by blockchain technology, which eliminates third parties, thereby ensuring transparency and fairness.

The key features of prediction markets are price probability, aggregated wisdom and incentives that are given to participants as motivation for placing bets on outcomes of events. Some of the events supported by prediction markets include outcomes in sports (game winners), politics (election results), finance (stock prices) and weather (temperatures).

Centralized vs. Decentralized Prediction Markets

Prediction markets are broadly divided into centralized or decentralized markets, each with unique benefits and challenges. The centralized types are governed by a single company that manages various aspects of the prediction process. However, decentralized prediction markets rely on 

The key advantages of centralized markets are ease of use, better liquidity and quick dispute resolution. However, these centralized platforms also face challenges, such as government censorship, intermediary fees that eat into the payouts and the possibility of a single point of failure — especially in the event of a hack or technical outage.

On the other hand, decentralized prediction markets, such as Augur and Polymarket, have certain distinct benefits, such as censorship resistance, immutability, global access and lack of intermediaries. However, they also face challenges in the form of regulatory compliance, complexity of use and illiquidity due to low participation.

Crypto prediction markets are decentralized platforms for the forecasting of outcomes. They enable their participants to use cryptocurrencies in order to bet on the outcomes of future events. These markets are similar to 

 markets, in which investors bet on the prices of assets based on the outcome of future events.

Central to crypto prediction markets is the use of blockchain technology, which ensures transparency, fairness and security. As such, they have three key components:

Crypto prediction markets employ a systematic interplay of market creation, trading, resolution and payouts. They’re banking on market sentiment to fuel the probability of an event taking place, which may favor or discredit the bet placed by a participant.

The first step in this process is creating a prediction market based on various parameters, which may include event description, possible outcomes (e.g., yes/no), expiration date and resolution source. Any user can create a prediction market based on a given event.

Once the market has been created, trading begins. Participants can buy and sell tokens representing the likelihood of an event occurring. For example, a token may initially trade at $0.50 for “Yes,” representing a 50% chance of the event occurring. If more people buy “Yes,” the token’s price can rise to $0.70, in this case representing a 70% probability that the event will take place.

After the trading is done, market resolution occurs based on the outcome. At this point, oracles issue the result on the blockchain. Smart contracts proceed to issue payouts based on the winning outcome. The tokens with the winning outcome can be redeemed for full value, while those that lost the prediction become worthless.

Crypto prediction markets are governed by different market mechanisms that dictate their payout structures. Two commonly used prediction market mechanisms in the crypto space are the fixed payout and the pari-mutuel payout.

The fixed payout mechanism ensures a predefined payout for the winning outcome. Participants trade outcome tokens, and the market price reflects the probability of the event as estimated by traders. Traders buy or sell tokens that represent specific outcomes (e.g., "Yes" or "No").

Each token is priced between 0 and 1 (or $0 and $1), where the price reflects the perceived probability of the outcome. For example, if "Yes" tokens trade at $0.70, the market implies a 70% chance of that outcome.

At the event's conclusion, tokens for the correct outcome are redeemed for a fixed amount (e.g., $1 per token), while tokens for the incorrect outcome become worthless.

The advantage of this mechanism is that the payment structure is simple and predictable. Another benefit is that there's continual price discovery, since prices adjust dynamically to reflect market sentiment.

However, the fixed payout mechanism requires high liquidity to reflect the accuracy of probabilities. It also relies heavily upon oracles, which necessitates a high level of trust and accuracy in order to resolve the outcomes.

In a pari-mutuel structure, payouts are determined by pooling all bets and redistributing the total amount to winners after the event. All bets for each possible outcome are pooled together.

After the event, the total pool (minus fees) is divided among those who predicted the correct outcome. Individual payouts are proportional to the amount wagered by each winner, as well as the pool size.

Some key advantages of this payout model are its dynamic payouts, efficient pricing and fair distribution of payouts. However, this structure isn’t beginner-friendly, due to its complexity and non-intuitive manner. Also, unlike the fixed payout, where rewards are predefined, the exact payout rewards are uncertain until after the event.

That said, the fixed payout mechanism is ideal for those looking for a simple and predictable way to enter prediction markets, while the pari-mutuel payout favors more advanced users, who appreciate dynamic odds and collective market intelligence.

The crypto space has seen an influx of crypto prediction markets as more people continue to venture into this niche. Some of the notable crypto prediction platforms are as follows.

Considered one of the largest prediction markets, 

 provides a user-friendly and robust environment for participants to bet on real-world events using 

. The platform offers a wide range of markets, including crypto, sports, politics, pop culture, business and Elon Musk's tweets. The platform is powered bythe 

 network, which ensures secure, fast and low-cost betting transactions. It also has an active community of users, thereby ensuring high liquidity on the platform. Its user interface is beginner-friendly and simple to use.

, Augur is one of the earliest decentralized crypto prediction markets in the space. Developed in 2014 by Forecast Foundation, and co-founded by Jack Peterson, Joey Krug and Jeremy Gardener, Augur has remained a top platform for wagering crypto-powered bets.

The native token for the Augur platform is REP, an 

 token used to power the platform’s betting ecosystem via staking it to participate in the platform's reporting process. Meanwhile, ETH or 

 prediction market designed to open the niche to everyone. It runs on three Ethereum-compatible blockchains: Polygon, 

. The quality of its markets is maintained by its native POLK token holders.

-based prediction market that offers its users a wide range of events to bet on. Since it's built on Solana, participants can enjoy secure, fast and low-cost transactions on a user-friendly platform. You need to connect a web3 wallet, such as 

, in order to use Hedgehog. It offers various types of prediction markets, such as, pooled markets, the Classic “Yes” or No” and parlays (in which you use parlay cards).

 (DEX) that launched BET (Bullish on Everything) crypto prediction markets in August 2024, ahead of the U.S. political elections in November 2024. The platform claims to be highly capital-efficient and is built on Solana. Its growing number of categories span crypto, culture and sports such as Formula 1

Since BET is built on top of the Drift protocol, market participants can also benefit from yield-generating activities as they place their bets. You can create “structured bets” on the platform by hedging against popular cryptocurrencies, such as Bitcoin.

To incentivize participation, BET has introduced a rewards system called FUEL. During promotional periods, users earn FUEL tokens for each trade, which can later be redeemed for prizes within the Drift and Solana ecosystems.

You can utilize over 30 cryptocurrencies supported by the platform, including USDC and SOL.

Crypto prediction markets represent a fascinating evolution in the way we gather, interpret and act on collective knowledge. By leveraging blockchain technology, these platforms offer unparalleled transparency, decentralization and accessibility, empowering users worldwide to forecast outcomes in a trustless environment. With mechanisms like fixed payout and pari-mutuel payout, participants can choose structures that align with their preferences, balancing predictability and market efficiency.

The rise of platforms like Augur, Polymarket and Drift BET highlights the diverse approaches within this space, catering to a wide range of users, from casual bettors to sophisticated traders. Innovations such as low-cost transactions, multi-token support and integrated yield generation further enhance the appeal of these markets, making them more inclusive and dynamic.

However, challenges remain, including regulatory scrutiny, user adoption and ensuring fair market mechanics. As the sector matures, collaboration between platforms, regulators and communities will be critical to its long-term success.

 and prediction markets are highly speculative in nature, it’s imperative to be aware of the associated risks and conduct proper research before participating in these markets.

What Are Prediction Markets in Crypto?

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards