Ethereum R1 is a new donation-funded, tokenless Layer 2 rollup designed to offer a decentralized, censorship-resistant, and governance-minimized scaling solution for Ethereum

The S&P 500 rose 0.63% Thursday, boosted by strong Meta and Microsoft earnings, but futures slipped Friday as investors awaited the April jobs report and weighed Apple and Amazon tariff concerns. Gold fell to $3,235 as easing trade tensions cut safe-haven demand; markets await US jobs data for rate cut signals. The Coindesk Indices, which tracks the broader crypto market, rose 2.19%, with Bitcoin and Ether up 2.57% and 2.60%, 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 AR, which gained 16.8% following CloneX's successful migration to Arweave, sponsored by ArDrive.

Arweave (AR), founded in 2017, is a decentralized network for permanent data storage, using blockweave and Proof of Access to ensure long-term accessibility. It offers 200-year storage for a one-time fee, incentivized by AR tokens for miners. The system connects blocks efficiently to preserve and retrieve data, aiming to create a lasting digital knowledge repository. CloneX has successfully 

 to Arweave for permanent storage, with the support of ArDrive, which sponsored the migration of 100 GB of data. The process is nearly complete, with only Animus remaining to undergo decentralization.

Check out the latest prices, charts, and data of 

 is a new donation-funded, tokenless Layer 2 rollup designed to offer a decentralized, censorship-resistant, and governance-minimized scaling solution for Ethereum. Built on open-source code and the Nethermind Surge stack, it emphasizes credible neutrality, public good funding (with all fees burned after 2030), and infrastructure that remains free from VC control or centralized dependencies.

Yesterday, BTC spot ETFs saw $71.1M in total inflows, with $16M from GBTC and $55.1M from other ETFs.

 $BOOP tokens to active Solana memecoin traders and creators who promote memecoins or Solana dapps on X. To claim, users must connect their Solana wallet or X account and launch a free token. The airdrop arrives in 30 days, but growing the token’s market cap can accelerate the reward.

Beginner

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Ethereum R1 offers a decentralized rollup solution for Ethereum

This article dives into Bitcoin liquid staking protocol Lombard Finance, how LBTC works and how you can stake LBTC through Bybit Web3.

Bitcoin stands as the undisputed giant of the cryptocurrency space, commanding the largest market capitalization. Yet, much of its potential remains untapped, often sitting idle as a store of value rather than actively participating in the thriving 

 ecosystem. Lombard Finance aims to change this narrative by unlocking Bitcoin's utility and integrating it seamlessly into DeFi.

Lombard is built upon Babylon, the innovative Bitcoin staking protocol, and is incubated by Polychain Capital. Lombard’s flagship product, 

 (LST) for BTC. This article explores what Lombard Finance is and how LBTC works, and describes the Lombard ecosystem and how you can stake LBTC through Bybit Web3.

 is a liquid staking protocol that focuses on transforming 

's role in the digital economy. Its core mission is to evolve BTC from simply being a store of value — also viewed as 

 — into a productive asset that actively generates yield and participates within DeFi. Currently, a significant portion of Bitcoin's

 sits idle, lacking the native staking capabilities or cross-chain composability seen with assets such as 

Lombard Finance addresses this shortcoming by building on top of 

, a protocol that supports BTC staking without needing 

 or custodians. Babylon allows Bitcoin's economic weight to secure other 

 (PoS) chains and applications, creating a new yield source for holders. Lombard leverages this foundation to offer LBTC, making staked BTC liquid and usable across the DeFi market.

Lombard’s goal is ambitious: to channel Bitcoin's vast liquidity into DeFi. This could potentially double the ecosystem's 

 (TVL) if even a fraction of available BTC is introduced. Lombard believes this integration will catalyze significant growth and create more sustainable market dynamics by making BTC a core, yield-bearing primitive within DeFi.

Founders and investors of Lombard Finance

Lombard Finance was founded in April 2024 by a team with deep expertise within DeFi, drawing talent from established crypto projects like Polychain, Babylon, Argent, Coinbase and Maple. This collective experience underpins the protocol's design and strategic direction.

The project was notably incubated by Polychain Capital, a prominent crypto investment firm that also led Lombard's $16 million seed funding round (which was 

 in July 2024). This round saw participation from a wide array of significant players in the crypto space — including Babylon, dao5, Franklin Templeton, Foresight Ventures, HTX Ventures, Mirana Ventures, Mantle EcoFund, Nomad Capital, OKX Ventures and Robot Ventures — thus highlighting broad industry confidence in Lombard's vision. Strategic partnerships and contributions from exchanges like

 and Bitget are further bolstering its distribution and liquidity aggregation efforts.

LBTC is Lombard Finance's flagship product — a liquid staking token (LST) that represents Bitcoin staked through the Babylon protocol. Designed as a universal liquid BTC standard, LBTC is fully backed 1:1 by native Bitcoin, ensuring its value is directly tied to the underlying asset.

The token is yield-bearing, capturing rewards generated from securing PoS networks via Babylon staking. Crucially, LBTC remains liquid, meaning holders can freely use it across various DeFi applications — such as 

 and automated vaults — without sacrificing their underlying staked positions or associated yield.

LBTC is also designed for cross-chain compatibility, natively minted on supported blockchains like Ethereum, Base and Sui and using secure infrastructure [such as 

]. This avoids the risks associated with traditional bridging or wrapping methods, thus aiming to provide a more secure and seamless way to utilize Bitcoin across the multichain DeFi ecosystem.

Lombard Finance simplifies the process of putting Bitcoin to work within DeFi through its LBTC token. The mechanism is designed with security and user experience in mind, leveraging the Babylon protocol and a robust Security Consortium.

The core benefit of LBTC lies in its ability to unlock multiple layers of value simultaneously. Holders earn native yield from Babylon staking, potentially accrue additional rewards (such as Lombard Lux points) and gain access to diverse DeFi yield opportunities, all while maintaining the liquidity of their Bitcoin position. This transforms BTC from a static asset into a dynamic, yield-generating component of the DeFi ecosystem.

Lombard Finance is actively building a wide LBTC ecosystem that already boasts over 75 DeFi integrations. Security is foundational, anchored by the 14-member Security Consortium (including prominent names like Galaxy and OKX Ventures) and validating all critical operations alongside audits and bug bounties.

Core infrastructure relies both on Babylon for staking, and on the Chainlink CCIP for secure cross-chain movement, with EigenLayer integration 

. LBTC integrates with leading DeFi applications across lending platforms (e.g., 

) and automated vaults. The platform supports multiple blockchains (including Ethereum, Base, Sui, BNB Chain) and 

 (L2s), positioning LBTC as a versatile cross-chain asset.

Here's how you can stake BTC on Lombard and use LBTC in DeFi and automated vaults.

Lombard Finance (via its LBTC token) offers a compelling way for Bitcoin holders to put their assets into use, earn yield via Babylon staking and gain exposure to the expansive DeFi ecosystem — all while maintaining liquidity. Incubated by Polychain Capital and supported by a robust consortium and growing partner network, Lombard is positioning LBTC as a secure and versatile liquid Bitcoin standard.

It’s easy to participate in the Lombard ecosystem through 

, you can utilize your Bybit Web3 Seed Phrase Wallet to stake BTC and mint 

, Lombard's vault token that represents deposits in automated yield strategies. This provides you with a seamless gateway to access Bitcoin liquid staking and DeFi yields.

Ready to unlock your Bitcoin's potential? 

Intermediate

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Lombard Finance: Polychain-backed Bitcoin liquid staking protocol

The cryptocurrency market has entered a phase reminiscent of past altcoin seasons, primarily driven by Bitcoin's recent rebound to the $94K–$96K range. 

Altcoin season might have come with reviveding speculation 

The cryptocurrency market has entered a phase reminiscent of past altcoin seasons, primarily driven by Bitcoin's recent rebound to the $94K–$96K range. This resurgence has sparked renewed interest among retail traders, shifting focus from Bitcoin to smaller, more speculative altcoins. The overall market saw a 10% increase in value during the final eight days of April, contrasting with Bitcoin's 7% gain. This trend indicates a growing appetite for risk among investors, particularly in meme coins, which have seen a surge in social media discussions.

However, caution is warranted as elevated crowd enthusiasm often precedes market corrections. Historical patterns suggest that when buzzwords like "altseason" are dominating discussions, it may signal an impending price exhaustion. The current market dynamics reflect a shift toward speculative investments, raising concerns about the sustainability of this enthusiasm.

Bitcoin's bullish sentiment substantially improves

Bitcoin's position as the leading cryptocurrency has remained steady, with discussions around its price fluctuating significantly. Following a period of pessimism, when predictions dipped as low as $10K–$69K, sentiment shifted dramatically with the price recovery. Now, optimistic projections of $100K–$159K are dominating conversations, indicating a reversal in trader sentiment.

Despite Bitcoin's consistent presence in market discussions (approximately 25% of asset topics), the ratio of bullish-to-bearish commentary has grown increasingly favorable. This suggests a growing confidence among traders bolstered by Bitcoin's recent performance. However, it’s essential to monitor whether this bullish sentiment translates into sustained investment, or if it leads to overconfidence that may trigger a market pullback.

Ethere, once a robust contender in the altcoin arena, has struggled to regain retail investor confidence despite recent bullish commentary and promises of innovation from co-founder Vitalik Buterin. Its social media presence has dwindled to about 6–7% of discussions, a significant drop from previous years. This decline highlights the challenges Ethereum faces in re-establishing itself as a go-to investment in a market increasingly dominated by speculative assets.

Conversely, XRP has seen a notable increase in optimism surrounding ETF approvals, with expectations rising to 85%. This shift reflects a broader trend of institutional interest in cryptocurrencies, potentially paving the way for significant capital inflows. Meanwhile, Dogecoin's potential ETF listings have sparked renewed interest, transforming its image from that of a meme coin to a legitimate investment option. The growing dialogue surrounding institutional adoption of Dogecoin and XRP indicates a pivotal moment for these assets, suggesting they may play critical roles in the evolving cryptocurrency landscape.

Advanced

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Bybit x Santiment social sentiment report: Altcoin sentiment recovers despite Bitcoin’s resilience

Bybit Spread Trading allows traders to simultaneously buy and sell two related instruments in order to hedge risk or profit from price discrepancies. Read more.

Whether markets are flying high or wobbling unpredictably, one thing remains true: traders are always looking for smarter ways to 

 and find profit opportunities. That’s where Bybit Spread Trading comes in. This feature is tailor-made for those who want to go beyond basic buy/sell plays and start taking advantage of price discrepancies between related instruments. In this guide, we’ll walk through exactly how Bybit Spread Trading works, why it matters and how you can start using it today, whether you’re 

is a newly launched Bybit feature that allows users to simultaneously buy and sell two related instruments — such as Spot, Perpetual or Expiry contracts with different settlement dates — in order to hedge risk or profit from price discrepancies.

This type of trading strategy is popular among institutional and professional traders because it enables more precise, controlled market exposure. However, with Bybit’s interface, the barrier to entry is significantly lowered, opening the door for individual traders to tap with just a few clicks into a powerful set of tools.

At its core, Spread Trading on Bybit is about executing what’s called a combo trade. This means entering two positions at once: one long, one short. These positions are taken on related instruments, such as a BTC Spot trade and a BTC Perpetual contract, with the idea that their prices will either converge or diverge in a way that benefits your position.

When you place a buy combo, you’re buying the instrument with the longer expiration (the “far leg”) and selling the one that expires sooner (the “near leg”). 

A sell combo is the reverse: selling the far leg and buying the near leg. The profit (or loss) comes from how the spread between these two instruments shifts over time.

For example, if you believe the spread between a Perpetual and a Quarterly Futures contract will widen, you can buy the combo. If the spread increases after your entry, that movement becomes your profit. Bybit calculates your 

 prices automatically, based on the mark prices and your defined “order price,” so there’s no need to manually crunch the numbers.

Perhaps the most important feature here is atomic execution. This ensures both sides of your combo trade are filled together, in equal quantities, or the trade doesn’t go through at all. It removes “leg risk,” which is the danger of getting filled on one side of the trade, but not the other. In volatile markets, that alone can save you from an unwanted mess.

Spread Trading on Bybit currently supports combinations such as Spot and Perpetual, Spot and Expiry, Perpetual and Expiry, or even two Expiry contracts with different dates. This flexibility lets you build strategies that align with different market outlooks — bullish, bearish or neutral.

There’s a strong reason why Spread Trading is a go-to for many experienced traders: it allows for strategic plays that are more sophisticated than just guessing price direction. On Bybit, it’s not only powerful, but also convenient.

First, you get price certainty. Your spread is locked in at the price you specify. There’s no 

 between legs because the entry prices are automatically calculated and matched. You’re trading the spread, not the individual legs.

Secondly, the trading experience is smoother. Instead of placing two separate orders and manually trying to sync them, Bybit handles everything as a single transaction. You don’t have to worry about whether one leg gets filled and the other doesn’t — that risk is eliminated through atomic execution.

Third, this setup is a great hedge against volatility. By taking opposing positions on two related contracts, you reduce exposure to sharp price movements. Your P&L becomes more about the relative performance between contracts, rather than the market direction itself.

There’s also a strong cost advantage. Trading spreads on Bybit is significantly cheaper than doing it manually. You pay only half the trading fees you’d incur if you placed two individual trades on the order book. For high-volume or 

, that translates to meaningful savings over time.

Finally, it unlocks strategy flexibility. Whether you're 

 funding rates between Spot and Perpetual, doing 

 with different Futures contracts or taking advantage of price convergence before expiry, this platform gives you the tools to execute those ideas efficiently.

How to get started with Bybit Spread Trading 

Now that you have a better understanding of how Bybit Spread Trading works, let’s look into how to get started. Please note that you’ll need to have a Bybit account in order to proceed. If you don’t already have one, please check out our 

 for more information on how to create a Bybit account.

: Log in to your Bybit account and hover your cursor over the 

: The available spreads are organized in a grid, with each tile representing a unique combo. Choose your preferred combo to trade.

Tiles with a border around them signify that Spread Trading offers a better price. Hover over a tile for more details, or use the bar at the bottom of the grid to explore more options.

On the order placement page, set up your order with the following parameters:

to place your order. A pop-up window will appear for you to confirm your order details. Then, click on 

Congratulations — you’ve successfully placed an order!

You can view your Spread Trading orders from any trading page (Spread Trading, Spot and Futures), as they all share the same order data.

 to view your active orders. You’ll be able to view the combo, underlying asset, order price and more. 

If you would like to adjust your order parameters, you may click on the pencil icon under 

. To cancel your order, simply click on the order’s corresponding 

to view your completed orders. To view each order’s information on each leg, click on the order’s corresponding 

button. For additional insights, click on 

Spread trading isn’t for everyone — but if you’re someone who enjoys strategic trading, hedging or arbitrage, it’s a tool worth adding to your arsenal. It appeals to traders who are less interested in taking a directional bet, and more focused on capitalizing on inefficiencies in the market.

You don’t have to be a pro trader to benefit, either. The simplified execution and intuitive UI mean even intermediate users can explore advanced strategies without being overwhelmed. As long as you understand how spreads work, and how your P&L is affected by their movement, you’re already halfway there.

More importantly, in times of market uncertainty or low volatility — when price action feels sluggish — spread trading gives you an alternative way to profit. It keeps you in the game — even when momentum plays aren’t cutting it.

Bybit Spread Trading is a powerful tool that combines simplicity with sophistication. Whether you're looking to hedge, save on fees or experiment with 

 strategies, it offers a clean and user-friendly way to do so. With lower risk, lower costs and plenty of flexibility, Bybit Spread Trading is a smart move for any trader looking to level up their game — especially when markets get messy.

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Bybit Spread Trading: Smart strategies for market swings

Blockchain

Altcoins

API3 aims to solve the blockchain oracle problem by using decentralized APIs (dAPIs) for DApps via Airnode, a decentralized network of first-party oracles.

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An API (application programming interface) is an essential tool for communication between different software applications. It serves diverse purposes, including automating tasks, managing web content, receiving data from external sources and much more. 

 need APIs to help source data from the real world, but 

 (DApps), don’t have direct access to APIs, as they only operate using on-chain data.

This data disconnect has prompted the creation of bridges known as 

 that connect smart contracts with APIs to acquire external data. However, many existing oracles are centralized, which makes them vulnerable to compromise. This can affect smart contracts on blockchains as well. The challenge of ensuring the reliability and security of oracles is popularly referred to as the oracle problem.

API3 solves the oracle problem by introducing Airnode, a web3 API gateway that directly connects Web APIs to decentralized applications, thus creating decentralized APIs (dAPIs). To see what this means for the future of 

 is a collaborative project launched in December 2020 to create decentralized APIs (dAPIs) for DApps via Airnode, a decentralized network of first-party oracles

Simply put, dAPIs deliver traditional API services through a design that directly interacts with and provides off-chain data, such as price feeds. APIs are an established standard in the development of centralized software and applications.

API3’s mission is to usher in an era of dAPIs as the standard for decentralized applications via its Airnode technology.

API3 views the oracle problem as a misinterpretation of the real problem, which has resulted in the development of ill-suited oracles today. Third-party oracles such as 

 pose several problems. First, they may not be transparent about their data sources, meaning that the data they provide may be inconsistent or unreliable. Additionally, they’re expensive for data consumers and prone to exploits and high 

According to API3, if API providers have the data and services that blockchains require but the only problem is obtaining it, then it’s actually an API connectivity problem. This redefinition allows API3 to usher in the third generation of blockchain applications by bringing APIs 

The project is fully decentralized and secured, and is governed by the API3 DAO and powered by API3 token. API3 is also a multilayered, cross-chain serverless protocol. It’s currently connected to over 120 data feeds and deployed across 11 blockchains, including 

Decentralized APIs (dAPIs) are API services governed by the API3 DAO. Designed to be compatible with smart contracts, they relay data feeds to DApps, whose owners can then pay in a crypto token of their choosing for the API service in a transparent transactional process through the API3 Market. API providers run their own oracles through an automated first-party oracle node called the Airnode, allowing them to earn revenue directly from the API3 DAO.

Since DApps source data from primary Web API providers, the risk of data tampering and the need for rent-seeking middlemen are eliminated. These are issues that currently affect third-party oracle projects such as Chainlink.

API3 also covers DApps against any losses that could occur in case of dAPI malfunctions. This insurance policy makes the dAPI a secure and attractive solution to DApp developers.

Furthermore, API3’s data feeds are OEV extraction–enabled. 

 (OEV)–based updates allow for precise, on-demand data feed updates, resulting in cost-effective and accurate data feeds. Additionally, this feature enables API3 to take OEV and return it to the DApps, providing them with a valuable source of income.

First-party oracles are a core feature of the API3 project, whose dAPIs use first-party oracle nodes operated by Web API data providers.

With first-party oracles, the API providers sign their responses on-chain, providing the best proof that the data hasn’t been tampered with. Some of the characteristics of first-party oracle data feeds include:

Airnode is a serverless first-party oracle node specifically crafted for API providers to run their own oracles. API3 intends to optimize the process of enabling API providers to avail dAPIs to DApps via Airnode by making it fully automated, with no need for maintenance. No knowledge of blockchain is needed to run Airnode, thereby lowering the barriers to entry for API providers more familiar with the established Web 2.0 environment.

API providers can initially use Airnode at no cost, with charges incurred only after they start generating revenue from their services. Additionally, providers can choose to accept payment in cryptocurrency or fiat, demonstrating the platform's flexibility and potentially attracting more traditional API providers to offer their services.

 is a decentralized network of third-party oracles that combine data off-chain to reduce on-chain transaction costs. Only the final single-value data feed is published on-chain for smart contracts. This model is viable when data needs to be aggregated to capture things like commodity prices or weather reports.

However, as a third-party oracle network, Chainlink acts as the middleman between blockchains and APIs, in opposition to the fundamental ethos of blockchain technology. A middleman incurs higher costs and also makes a blockchain more vulnerable to attacks. In contrast, first-party oracle networks like API3 help reduce costs, redundancy and security risks.

Chainlink and other third-party oracles practice data source obfuscation, which discourages accountability from data providers and keeps them off-chain. With API3, there’s transparency regarding the origin of the data source. The project also enables and incentivizes data providers to bring their businesses on-chain, increasing the trust between web3 applications and API providers.

With API3’s model, API providers stand to benefit because API3 positions them as the project’s engine. They’re incentivized with a data marketplace, direct compensation and an automated system. This allows them to fully reap the benefits of delivering a much-needed service to blockchain applications. As a result, API3 is poised to establish itself as a robust, secure and cost-efficient solution for DApps.

API3’s native token (also known as API3) enables the project to create, manage and monetize its dAPIs at scale. The project’s platform is governed by a 

 (DAO) that oversees the collaborative effort of token holders to secure, govern and benefit from its value capture mechanisms via the API3 token.

Holders of the API3 token gain the right to participate in API3 DAO governance through 

. API3 has implemented an insurance pool in which holders stake their API3 tokens to acquire governing rights in the DAO and receive weekly inflationary staking rewards. The API3 token has three main utilities:

As of Sep 15, 2023, the API3 token price is $1.04, which is 22.99% higher than its all-time-low of $0.85 on Aug 5, 2023, and 89.84% lower than its all-time-high of $10.30 on Apr 7, 2021.

Despite a declining trend over the past year, price prediction experts remain bullish on API3. PricePrediction 

 of API3 reaching $2.86 in 2025, followed by a mega upswing to a maximum of $18.42 by 2030. Meanwhile, DigitalCoinPrice 

 and estimates API3 will hit a maximum price of $3.91 in 2025, followed by a slower gain that could potentially reach $11.30 in 2030.

Note that optimistic forecasts don’t guarantee identical outcomes for the future. Remember to 

, including when it comes to cryptocurrencies.

API3 is going on its third year with the promise of unlocking the next level of value in the web3 economy. However, Chainlink still holds the number one spot as a multibillion-dollar oracle project, with the majority of the 

Regardless, API3’s market data shows interest from users. With a market cap of over $100 million, a substantial trading volume and over 75% of its total supply already in circulation, the future looks promising for API3.

Furthermore, API3 OEV extraction is a valuable design feature that delivers a crucial security feature to DApp developers. This attribute is absent from most peer-to-peer oracle networks, including Chainlink.

, with the Bybit exchange, which has a user-friendly and intuitive interface for secure and fast trading.

API3 presents a solution that rethinks the oracle problem and seeks to change the way DApps access real-world data feeds. If Web APIs can be designed into a smart contract–compatible format, thus directly connecting API providers and DApps, third-party oracle networks like Chainlink could cease to be the industry standard for oracle solutions.

API3 introduces the first-party oracle concept, which involves creating, managing and monetizing decentralized APIs (dAPIs) at scale for the benefit of the web3 economy. Thus, APIs can be available for DApps as on-chain data feeds securely in real time and on demand.

By cutting off third-party middlemen and adding another channel of monetization, dAPIs could indeed hold the key to expediting the realization of an expansive web3 ecosystem through blockchain technology.

What Is API3: Decentralizing APIs To Democratize Real-World Data

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