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

3.png

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

lombard tutorial.png

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

Intro to Santiment.png

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.

bybit spread trading.png

Bybit Spread Trading: Smart strategies for market swings

Bybit Guide

Bybit Rewards Hub offers a hassle-free way to earn various reward vouchers that enhance your trading experience when you complete simple tasks and campaigns. 

Bybit Rewards Hub.jpeg

Bybit_Rewards_Hub_Main_Page.png

Bybit_Rewards_Hub_Task_Details.png

Bybit_Rewards_Hub_Reward_Details.png

Earning rewards with Bybit has never been easier. Now, with Bybit Rewards Hub, you can unlock up to seven types of reward vouchers designed to enhance your trading experiences. All you have to do is complete simple tasks and join engaging campaigns to earn enticing coupons, bonuses, discounts and much more.

 is a rewards center where Bybit users can earn and claim rewards on their Main accounts by completing tasks and participating in events within a certain time frame. 

There are six different kinds of rewards to earn, each one tailored for a different purpose: Bonus, Coupon, Fee Discount, Airdrop, APR Booster and Loss Cover. The time frames for task completion and claiming rewards will vary across rewards, so you’ll need to check the individual task and reward details to ensure you don’t miss the opportunity to earn and claim your rewards.

If you’re wondering about the required tasks, here are some examples of how straightforward they are. First, to receive 20 USDT as a welcome gift, simply 

. After that, when you refer a friend to Bybit, each of you will get to earn 25 USDT — plus a mystery box worth up to 1,000 USDT!  

There are three types of Bonus: Derivatives Bonus, Copy Trading Bonus and Fiat Bonus. Each Bonus has an expiration date. If left unused past that date, the Bonus will be considered forfeited. The Bonus cannot be withdrawn, converted or transferred, but the profits can be. 

The Derivatives and Copy Trading Bonuses can be used in multiple ways: as a 

, to offset trading fees or funding cost, and to cover trading losses. By using these Bonuses, you can enhance your trading capacity and mitigate potential losses, providing greater flexibility and risk management capabilities. 

The Derivatives Bonus can be used either as a 

, or as a trading fee deduction to cover losses and fees incurred when trading 

 trading or perpetual trades made via Trading Bot or Copy Trading). 

The Copy Trading Bonus can be used either as a 

 margin or as a trading fee deduction. Its fee deduction is used to offset copy trading Perpetual contracts (but not Spot or Futures contracts). It cannot be used for trading bots within Copy Trading. You can only claim and receive the Bonus in your Main Account, but the Bonus can be used in your

While you cannot transfer your funds on your own, should you wish to increase your investment for a particular Master Trader, the system will automatically transfer a specific amount of Copy Trading Bonus to your Copy Trading Account. 

 that if you use the bonus as a follower to copy a Master Trader’s page, and you choose to unfollow them later, you will lose the bonus. 

The Fiat Bonus can be used to offset the actual amount of the transaction order in place of using your own funds. It’s currently only applicable to transactions made via the 

There are three types of Coupons: the Trading Fee Coupon, the Buy Crypto Coupon and the P2P Coupon. These Coupons help lower transaction costs by covering fees for various transactions. Just like the Bonuses, Coupons cannot be withdrawn, transferred or converted.

The Trading Fee Coupon is used as a trading fee deduction to cover fees associated with trading Spot pairs, or Perpetual or Futures contracts. Once you claim the coupon, it will automatically be used for one or more transactions. 

There are two types of Trading Fee Coupons:

The Buy Crypto Coupon can be used to offset transaction fees incurred during 

 as specified on the voucher details. When using the Buy Crypto Coupon, the system prioritizes deducting fees from the Coupon. However, if the Coupon amount is insufficient to cover the entire fee, the remaining fee will be subtracted from your own funds. 

 that you can only use a single Buy Crypto Coupon per transaction, but each Coupon can be used multiple times until the total amount in it is completely exhausted.

P2P takers who buy USDT and USDC during their P2P transactions can enjoy transaction fee deduction using the P2P Coupon.You can use the coupon for all fiat currencies supported by 

: There may be a slight price difference during the conversion, due to the approximately one-second time gap during the P2P trade.

The Fee Discount voucher lets you enjoy a discount for trading fees and/or fiat transactions on your Main or Subaccounts. If you have multiple fee discount vouchers, the system will automatically calculate and apply the most favorable fee rate for you. This voucher can only be used for non-VIP rates. Your VIP rate will apply if you are entitled to a better fee rate according to your VIP level. 

Please be aware that the vouchers will have different usage sequences, depending upon your type of account. For Unified Trading Accounts and Unified Margin Accounts, the system will first process the Fee Discount, followed by the Bonus, and then the Coupon. For non-unified trading accounts/non-unified margin accounts, the Fee Discount is first applied, after which the Coupon and then the Bonus is used. If there’s any remaining amount required for payment after using these vouchers, then your principal funds will be used. 

After you claim an airdrop, it will be allocated into your 

. You can use the airdropped assets for trading or accessing various services offered on Bybit. Additionally, you can withdraw the airdropped assets if you prefer to transfer them to an external wallet or use them outside the Bybit platform, or even convert the airdropped items if you desire. Unlike all other rewards, there is no expiration date for airdrops.

The APR Booster allows you to earn extra yield for 

 (only for Flexible Savings plans) under 

 within a specific period. An APR Booster has a Yield Boost Cap and a Yield Boost Period. 

The Yield Boost Cap indicates the maximum yield amount you can earn. Meanwhile, the Yield Boost Period offers the maximum effective duration during which you can earn enhanced yields, starting from the hour the voucher is applied. The APR Booster will no longer be effective when the cap is reached or the voucher’s duration has expired, whichever comes first.

You can choose to increase your investment or make another investment to further boost your interest after using the voucher, as long as the voucher has not expired or reached the cap. 

You can use Loss Cover vouchers to offset your trading losses, with the flexibility to use multiple Loss Cover vouchers simultaneously to offset your losses. The system will prioritize the voucher with the earliest expiration date and process it accordingly, allowing you to efficiently mitigate your trading losses and optimize your risk management strategy. 

However, this feature is currently limited to use within our automated trading bot products, including 

. In addition, it can only be used when you settle in USDT/USDC during the creation and closure of a trading bot. 

First, complete Identity Verification Lv. 1 or Business KYC to receive rewards (after creating an account with Bybit, make sure to proceed with 

 first). After that, the process is incredibly easy. Just take a few moments to complete simple tasks and join campaigns, and you'll be rewarded with a variety of vouchers. 

As mentioned earlier, every task has a designated time frame, which you can check in the 

 section. Each reward also has its own expiration date (except airdrops), which can be checked on the 

 page. You will be able to claim the rewards three days after completing your task. It’s imperative to claim and use the rewards while they’re still valid, as they’ll be unusable after the expiration date (except airdrops). Therefore, we recommend that you collect and use the rewards as soon as possible.

Don't miss out on this incredible opportunity. 

, where every trader is rewarded for completing simple tasks and campaigns. With six different types to earn, your journey is bound to be highly rewarding. That's not all: By simply signing up with Bybit, you’ll immediately receive 20 USDT on the Rewards Hub. 

Bybit Rewards Hub: Your Path to Effortless Earning and Trading Benefits

Compete for 2,500 USDT Every Week

Bybit Rewards Hub: Your Path to Effortless Earning and Trading Benefits

Grab Up to 5,000 USDT in Rewards

Compete for 2,500 USDT Every Week

Grab Up to 5,000 USDT in Rewards