In this article, we explore what Wayfinder is, the role it plays in transforming gameplay in the Parallel TCG ecosystem and the utility of its native token, PROMPT.

 (DeFi) are opening new avenues for both traders and gamers. 

 (PROMPT) is one such protocol that leverages autonomous 

, known as "Wayfinder Shells," to navigate across multiple blockchains. 

With the power to execute complex tasks like swapping tokens, deploying 

 and even minting NFTs using simple natural language commands, Wayfinder paves the way for seamless blockchain tasks across multiple chains. In this article, we dive into what Wayfinder is to look at its key features, the role it plays in transforming gameplay in the 

 ecosystem and the utility of its native token, PROMPT.

Imagine commanding an AI to handle all your cryptocurrency tasks — swapping tokens, deploying smart contracts or executing sophisticated DeFi strategies — with just a few simple instructions. Wayfinder aims to make that vision a reality. 

This omni-chain AI protocol lets users control autonomous AI agents, referred to as Wayfinder Shells, that travel across blockchains such as Ethereum, Solana and Base to perform tasks ranging from asset transfers to NFT minting and advanced DeFi strategies. With its user-friendly natural language interface, the platform eliminates the need for complex coding, making it accessible to both beginners and experienced developers.

Wayfinder is the brainchild of the team behind 

, a blockchain-based sci-fi trading card game that uses immersive storytelling to drive fan engagement. Its developers saw an opportunity to enrich gameplay in their upcoming title, 

, a survival simulation game featuring autonomous AI avatars. 

By integrating AI agents into their game, they aim to create dynamic, interactive experiences that adapt to player actions. One key figure is 

 (known as @templecrash on X), the founder of Parallel and Wayfinder, whose vision for blending digital gaming with sophisticated AI has been instrumental in shaping the protocol.

Wayfinder operates by employing “Wayfinding Paths,” which are predefined workflows designed to guide its AI agents across various blockchains. When a user issues a command, these paths are triggered, allowing the Wayfinder Shell to execute specific tasks, such as transferring assets, minting NFTs or deploying smart contracts. Each agent comes with a dedicated 

, ensuring the secure management of assets during transactions. 

Additionally, a community-driven knowledge graph continually feeds new information into the system, enhancing the agents’ ability to learn and optimize operations over time.

Wayfinder’s omni-chain compatibility means it can seamlessly interact with a broad range of blockchain networks, making cross-chain operations nearly effortless. Use cases for Wayfinder extend beyond DeFi and gaming, and include applications in smart contract deployment and digital asset management, all controlled via natural language commands. This level of automation and interoperability simplifies complex processes and allows users to focus on strategy, rather than technical details.

The PROMPT token is at the heart of the Wayfinder ecosystem. Serving as both a 

, PROMPT is used to create and upgrade Wayfinder Shells, stake for proposing new Wayfinding Paths and pay gas fees within the network. The token also empowers community governance by allowing stakeholders to participate in decision-making, influencing future developments and technical upgrades. 

, allocating 45% of its total supply of 1 billion tokens to community members who have staked Parallel’s PRIME token or completed other tasks.

Wayfinder represents a significant leap forward in combining AI with blockchain, offering users an intuitive platform to execute complex tasks through simple commands. The project not only empowers innovative gameplay with titles such as 

 but also drives efficiency across the crypto ecosystem. Bybit 

 Perpetual futures contract in its Innovation Zone, allowing Bybit users to trade with up to 25x leverage. Head to the 

Intermediate

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Wayfinder (PROMPT): AI agent ecosystem founded by web3 game Parallel

Discover BlackRock’s BUIDL, a tokenized money market fund issuing a yield-bearing stablecoin backed by U.S. Treasuries and offering daily dividend payouts.

 (RWAs) are one of the fastest-growing niches in the crypto world. RWAs allow institutional entities to bring various 

 (TradFi) assets to an on-chain environment. These may include commodities, equities, bonds, cash equivalents and more. According to DefiLlama, the 

 as of early April 2025, and a clear leader of this niche has emerged by now in the form of BlackRock’s tokenized money market fund, BUIDL.

Launched in March 2024 by the world’s top asset manager, BUIDL has already amassed a TVL 

 as of the time of this writing (Apr 15, 2025). In this article, we’ll take a closer look at this category leader launched by BlackRock via Securitize, a major provider of RWA tokenization services.

 (BUIDL) is a tokenized money market fund launched in March 2024 by BlackRock, Inc., the world’s largest investment management firm by assets under management (AUM).

 The New York–based behemoth of the investment finance world launched the fund via Securitize, one of the leading providers of asset tokenization.

BUIDL invests in short-term cash and cash equivalent assets, such as Treasury bills, certificates of deposit and commercial paper. It may suit investors who’d like to use their spare cash for low-risk and quick — even if modest — returns.

BUIDL was initially launched on the Ethereum blockchain. By the end of 2024, it had expanded to several more chains, including 

 (POL). A year after its launch, in March 2025, the fund also added 

As of Apr 15, 2025, BUIDL has accumulated a TVL of around $2.37 billion, making it the largest asset in the RWA category as defined by the DefiLlama portal. This figure represents nearly 20% of the category’s total TVL of $11 billion.

BUIDL was tokenized and launched as a USD-pegged 

. Investment in the fund delivers daily accrued dividends. As such, BUIDL operates as a yield-bearing stablecoin. Besides providing rate stability, these stablecoins regularly accumulate rewards for investors. The rewards, however, aren't added to each unit of BUIDL held, as the stablecoin itself has a fixed rate of $1 at all times. The accrued dividends are paid out separately in BUIDL tokens to investors every month.

Unlike many other stablecoins, BUIDL isn't traded on the crypto market. In essence, it acts as a certificate of your investment in the fund.

Investing in BUIDL is possible exclusively via Securitize. The minimum investment amount is $5 million, and the fund is open to Qualified Purchasers. Under US securities law, Qualified Purchasers are entities, such as individuals and family offices, who have at least $5 million in investments.

BUIDL boasts a number of significant benefits, including the following:

Despite its numerous merits, investment in the BUIDL fund carries certain risks:

For high–net worth individuals and institutional investors, BUIDL represents a great alternative to traditional money market funds. Its blockchain-native nature will certainly appeal to any investor who'd like to keep their assets on-chain while enjoying the security and regular yields provided by the investment titan BlackRock.

As the niche of tokenized treasuries gains momentum, we may see similar products launched by major TradFi players. For now, BUIDL represents one of the rare options for tokenized money market fund investors, and its niche-leading TVL confirms that the market has enthusiastically embraced this novel product.

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BlackRock’s BUIDL: A guide to tokenized yield-bearing funds

Tether has partnered with OCEAN mining pool to decentralize Bitcoin block-building.

Daily top performer — Render Network (RENDER)

The S&P 500 rose 0.79%, led by real estate, utilities, and staples, amid tariff exemption news. Earnings reports are now in focus for insights on tariff impact. Gold dipped 0.7% to $3,213.69 after hitting a record $3,245.42, as improved risk sentiment weighed. Goldman Sachs raised its 2025 forecast to $3,700, citing strong central bank demand and recession risks. The Coindesk Indices, which tracks the broader crypto market, are down by 0.77%, with Bitcoin and Ether up by 1.17% and 2.75%, 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 RENDER, up 4.03%, following THINK Agents' partnership with Render Network to enhance AI with decentralized compute.

Render Network (RENDER), launched in April 2020, is a decentralized platform on Solana that connects creators with idle GPU power for rendering and AI tasks, offering a cheaper, flexible alternative to traditional GPU services. THINK Agents has 

 with Render Network to leverage its decentralized GPU power, enabling more expressive and capable AI agents as part of building an intelligent internet.

Check out the latest prices, charts, and data of 

 with OCEAN mining pool to decentralize Bitcoin block-building. The stablecoin issuer will direct its Bitcoin hash rate to OCEAN’s pool, supporting the decentralization of the block-building process. OCEAN's DATUM protocol enables miners to build their own block templates, reducing reliance on centralized pools and enhancing censorship resistance. Tether’s Bitcoin mining operations are spread across countries like Uruguay, Paraguay, and El Salvador, where it has invested $500 million in Bitcoin mining. Although OCEAN currently mines a small percentage of Bitcoin blocks, Tether's partnership is expected to significantly boost its hashrate and contribute to decentralizing Bitcoin’s network.

Yesterday, Bitcoin spot ETFs saw $35.2M in outflows, all from non-GBTC funds, while GBTC had no flow.

 is now live as of April 15, with no action needed for existing users. New users can join by signing up and installing the browser extension to start earning points toward an airdrop.

Beginner

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Tether teams up with OCEAN mining pool to promote decentralization of Bitcoin block-building

Leverage USDC across Bybit Spot, Derivatives, Options and DeFi integrations to balance risk, access liquidity and capitalize on passive income strategies.

 reflects the importance of these versatile assets in crypto investment, as they provide investors with a reliable option to counteract market volatility while maintaining liquidity. This guide focuses on USDC, one of the most trusted stablecoins, and describes how Bybit’s ecosystem enables investors to use USDC to expand their wealth through diverse products. From purchasing USDC using multiple methods to checking out innovative investment opportunities, this article details step-by-step insights and essential tips for using USDC to maximize your returns on Bybit. 

 is a cryptocurrency stablecoin that’s pegged to the US dollar at a 1:1 ratio and fully backed by cash and short-term US Treasury reserves. It’s issued by Circle and is widely used within payments, investments and DeFi.

Bybit makes it easy to buy USDC through multiple user-friendly options — whether you're after a quick purchase with fiat, or prefer a more hands-on approach with 

Bybit provides a wide range of investment opportunities to help you tap into the stability of USDC while exploring different trading and growth strategies. 

Bybit Spot trading involves buying and selling cryptocurrencies at the current market rate. For USDC holders, this can be a way to rebalance portfolios and take advantage of market opportunities.

 allow experienced traders who understand the complexities of 

 trading and derivatives to speculate on the future price of cryptocurrencies without actually owning the underlying asset. USDC is used as the settlement currency, providing liquidity while limiting exposure to volatility.

 provide strategic flexibility by offering the right, but not the obligation, to buy or sell an asset at a predetermined price.

 offers a low-risk investment avenue so you can earn interest on your USDC deposits. These products generally provide a fixed or flexible annual percentage yield (APY).

 (DeFi) with the reliability and user-friendly experience of centralized platforms. Using USDC in this framework allows investors to stake their holdings on-chain, and to earn rewards directly from blockchain protocols.

 on Bybit enables investors to supply USDC to 

 and earn rewards in return. This process is essential for maintaining market fluidity and, in return, offers attractive yields based on transaction fees and incentive programs.

 allow you to leverage your USDC holdings to access additional capital, enabling you to invest further without liquidating your assets. This can be particularly beneficial if you have a long-term bullish view on the crypto market, but require liquidity for other investments.

USDC is a key stablecoin that plays a pivotal role in modern crypto investment strategies. Bybit’s wide range of USDC-based products spans spot trading, derivatives, options, savings, on-chain earn, liquidity mining and crypto loans, providing investors with a versatile tool kit to navigate risk and build wealth. With top-notch security measures and a wealth of educational resources, Bybit helps users make calculated plays and adapt their strategies in the ever-volatile crypto market.

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A guide to growing your wealth with USDC on Bybit

Bybit Learn

Crypto

Learn what drives crypto volatility and discover strategies to manage it, from portfolio diversification to hedging, emotion-free investing, and utilizing smart order types like stop-loss.

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The volatility of the crypto market is often thought to be on a scale of its own, with Bitcoin (BTC) and other cryptocurrencies frequently going through head-spinning price roller coasters. In the past few years, the world's leading cryptocurrency asset (and the primary gauge of the overall crypto market's performance), the BTC coin, has experienced wild price swings. In March 2022, having just begun to recover from the catastrophic losses of the November 2021 crash, Bitcoin entered a multi-month steep decline, losing nearly two-thirds of its value between late March 2022 and early November of the same year.

More recent times have also witnessed Bitcoin's well-known volatility. Between early October 2023 and late March 2024, the cryptocurrency appreciated by 174%, a rate of growth that sounds nearly surreal to a stock market investor. By the time of this writing (Sep 12, 2024), Bitcoin has lost around 21% of those March 2024 highs and continues to demonstrate significant volatility. 

What drives the volatility of Bitcoin and the overall crypto market — and how can investors shield themselves from it? In this article, we take a closer look at crypto volatility and the best ways to manage it.

The volatility of a financial asset is defined as the rate of variation in its price over a specific period of time. Assets with high price volatility are characterized by more pronounced and frequent price fluctuations. More volatile assets are also considered riskier from an investment perspective. However, as any market participant knows, higher risk levels also mean higher return opportunities. In fact, in financial markets, volatility is synonymous with risk.

Volatility is typically measured using the 

, which shows an asset's typical magnitudes of change within a defined period. Normally, this volatility is expressed as a percentage.

Crypto Volatility vs. Traditional Market Volatility

The crypto market's typical volatility is considerably higher than the average volatility of stock markets, and often exceeds the volatility of commodities markets as well. Even Bitcoin, which is considered far less volatile than smaller-cap 

, has much higher volatility levels than traditional financial assets. While Bitcoin's one-year volatility may be declining, as shown in the chart below, it still stood at around 40% as of April 2024. In contrast, the one-year volatility of gold, global equities (ACWI IMI) and U.S. bonds (US Agg) was around 10% in April 2024, four times lower than that of Bitcoin.

The key factors contributing to the crypto market's higher volatility in comparison to traditional markets include:

Sentiment plays an important role in any market, but is particularly influential in crypto markets, as they have lower barriers to entry compared to stock markets. For instance, on many 

 (CEXs), you can start investing with just a few dollars and no identity or residence verification requirements. As a result, many novice retail investors have joined the crypto market. These investors often lack the expertise to conduct a thorough 

 of the market. As a result, they’re often driven by sentiment, particularly social media sentiment and online news.

The relatively younger age of crypto investors compared to stock market participants also makes them more prolific social media users, and social media is the primary source where emotions, hype, opinion and other elements of sentiment around crypto assets are forged. Just ask Elon Musk, one social media influencer with a penchant for swaying sentiment around assets like Bitcoin and Dogecoin (DOGE).

The first, rudimentary crypto markets began to emerge around 2010–2011. As such, the crypto market is at most 14 years old. In comparison, trading in stocks has been around for a few centuries, while commodities markets have existed for millennia. The immaturity of the crypto market means that its defining properties and rules are still being actively developed.

Compared to traditional markets, the crypto market has low levels of regulation, although this is slowly changing. In the aftermath of the 

, regulators in the U.S. and across the globe have enacted, or are in the process of enacting, laws that would better regulate crypto trading and investment. For instance, in 2023, the U.S. Securities and Exchange Commission (SEC) 

, opening the way to bringing investment in these assets under regulatory control. The 

 in the U.S. in early 2024 has also made many analysts confident about the further stabilizing of crypto prices as more mainstream investors get exposed to Bitcoin.

However, the crypto market in general continues to be much less regulated than stock markets, which acts as one contributor to its notorious volatility.

Macroeconomic indicators like inflation rates, central bank interest rates, GDP growth rates, major free trade agreements and more have the potential to significantly affect the volatility of the cryptocurrency market. In part, this is often caused by the reallocations between asset classes initiated by large institutional investors. As a response to macroeconomic data and forecasts, these investors might shift funds between crypto and other asset classes, such as bonds, stocks or commodities. Since the crypto market has much less liquidity than traditional markets, any such reallocations can greatly affect it.

Unlike the stock market and other traditional markets, the crypto market is open 24/7 and experiences no interruption to its trading processes. The continuous nature of the market also contributes to its volatility.

Some order types and techniques can be particularly useful in 

 and digital assets. These include stop-loss orders, take-profit orders, position sizing and put options.

 orders come with an instruction to buy or sell an asset when it reaches a certain level, known as the stop price. These orders are widely used to minimize potential trading losses, and can be highly useful for limiting losses in the high-volatility environment of the crypto market.

 orders instruct traders to close a trading position when they achieve a pre-specified profit level. While stop-loss orders are used to minimize losses, take-profit orders are designed to protect profits.

 refers to the number of units a trader allocates to a specific position, taking into account their overall portfolio and 

. In high-volatility markets, position sizing can help you avoid losses resulting from overreliance on a single asset or position.

 is an options contract that gives you the right to sell a target asset at a specific price within a specified period. Put options can provide valuable protection against price losses when a high-volatility market suddenly turns bearish.

Portfolio diversification is another useful method for managing volatility. By splitting your total investment into different asset types or coins that share low or negative correlations with each other, you can protect your overall portfolio from adverse price movements. For instance, under certain market conditions, Bitcoin may exhibit low correlations with the stock market, primarily non-technology stocks. By splitting your overall portfolio between Bitcoin and non-tech stocks, you could, hopefully, expect positive returns from the latter at times when the former enters a period of losses.

 is a popular investment risk minimization approach. In its most classic form, hedging is based on opening offsetting or opposite positions to protect yourself from adverse price movements. Earlier, we noted how put options can be used to manage the volatility of the crypto market. One example of hedging would be to buy a put option on an asset on which you're currently going long. Conversely, you would buy a call option on an asset you're currently shorting as part of your hedging strategy.

Managing your emotions during trading is a critical skill, particularly in the highly volatile environment of the crypto market. The market is strongly driven by sentiment, and one way to detach yourself from emotion-based trading is to recognize the prevalent sentiment. You can do so by using crypto sentiment indices designed to measure the levels of fear (aversion to buying/predisposition to selling) and greed (aversion to selling/predisposition to buying) dominating the market. One such indicator, the 

, is offered by the Alternative.me portal.

Besides using market-wide sentiment measures, strive to base your decisions on thorough research of the crypto of interest to you in order to avoid emotion-based investing. As a minimum, this should include facts about the team behind the project, coin distribution schemes, actual activity on the platform linked to the coin, its road map and white paper, VC capital raised and historical price performance.

Useful Trading Tools for Managing Crypto Volatility

Volume analysis involves studying a crypto asset's overall trading volumes (the sum of buying and selling volume) over a period of time, such as 24 hours, 7 days, 14 days, 30 days, 3 months or longer periods. Many analysts believe that volume spikes precede price increases, while volume declines are followed by price losses.

 (MAs) can be an effective visual aid in studying the volatility of crypto assets. The 

 is derived by calculating the averages for a certain number of the latest price points (e.g., daily closing prices) for a crypto asset. These averages are then plotted along with the main price line on a chart. A typical number for the latest price points used in the calculation is often 5, 10, 20, 50 or 200, and can also vary depending upon the analyst's choice. MA-derived price lines are normally smoother than actual asset price lines, providing a useful visual tool for detecting upcoming trend reversals.

 are a visual tool for identifying trends and momentum for an asset. A Bollinger Band chart consists of three lines — a 20-day moving average price line, an upper line set at two standard deviations above the MA line and a lower line set at two standard deviations below the MA line. The number of periods for the MA line and the number of standard deviations used for the upper and lower lines can be modified, depending upon the analyst's preferences.

 (ATR) indicator is a 14-day moving average of true ranges for an asset. Each true range value is the largest difference between the asset's most recent high and most recent low. ATR is a useful measure for assessing the price volatility of an asset.

 is a valuable tool for assessing price volatility and identifying support and resistance levels. Using Fibonacci retracement, you first consider two price extremes for a given period on the price chart: the swing high and the swing low. You then calculate and plot several price points within the range, as horizontal charts. These price points typically correspond to 23.6%, 38.2%, 50%, 61.8% and 78.6% of the range. The percentages are based on Fibonacci numbers, which occur in many sequences in the natural world. When the asset price touches the horizontal Fibonacci levels on the chart, it provides an indication to traders concerning potential price reversals, consolidations and breakouts.

 (RSI) indicator is a technical analysis measure that indicates whether an asset is overbought (due for a correction) or oversold (due for a recovery). RSI represents a value between 0 and 100. Values above 70 indicate that an asset is overbought, while values below 30 signal an oversold asset.

Crypto market volatility presents significant challenges and unique profit opportunities for investors who aren't shy of high-risk/high-return environments. The immaturity of the crypto market, alongside its low levels of regulation, 24/7 trading opportunities and high susceptibility to sentiment-driven swings will continue to shape the nature of crypto trading. In this environment, it's critical for traders and investors to manage high levels of volatility using the methods, indicators and order types we've outlined above.

What Is Crypto Volatility and How to Manage It

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