Futures spread trading occurs when traders simultaneously open two futures contracts in opposing directions to capitalize on the price difference between them.

If you’ve traded perpetual futures (perps) before, you’ll know that they often come with plenty of highs and lows. With futures spread trading, you can mitigate some of these risks by focusing on the relative price movements between two contracts, rather than the absolute price changes. This sophisticated strategy allows you to profit from the spread, while minimizing exposure to overall market volatility — which is particularly beneficial in highly volatile markets like crypto.

In this article, we’ll learn about futures spread trading, how it works in practice and why traders might choose this approach over outright futures trading. We’ll also delve into the key advantages and potential drawbacks to consider before you get started. By the end of this article, you’ll have a better understanding of whether futures spread trading is a suitable strategy for your trading goals and risk tolerance.

Futures spread trading is a sophisticated strategy in which traders simultaneously open two 

 in opposing directions in order to capitalize on the price difference between them, known as the spread. 

Unlike traditional trading methods that focus on the absolute price movements of buying low and selling high, spread trading emphasizes the relative price relationship between two futures contracts.

Futures spread trading in the crypto market

In the crypto market, spread trading often involves both expiring futures and 

, which are futures contracts without an expiration date. Perpetual futures allow traders to maintain positions indefinitely, making them popular for spread trading strategies. The primary goal for crypto futures spread traders is to profit from changes in the spread, while minimizing exposure to overall market volatility. By focusing on the relative price movements between contracts, traders can reduce their risk and capitalize on market inefficiencies, even in highly volatile environments like crypto markets.

While the execution of a futures spread trade may seem daunting, its mechanics will feel more manageable once you’re familiar with the moving parts of each trade. From planning out entries to deciding on potential cross-asset spreads, we’ll share with you all you need to know when it comes to spread trading for crypto futures.

Futures spread trading offers several benefits that make it an attractive strategy for traders in the crypto market. Following are some of the key advantages worth considering

Due to its market neutrality, futures spread trading provides a reduced 

, making it particularly beneficial in highly volatile markets such as crypto. By focusing on the price differences between two contracts, traders can enjoy gains from the spread while reducing their exposure to market-wide volatility. 

For example, a crypto trader buying a March 2025 Bitcoin futures contract and selling a June 2025 Bitcoin futures contract can profit from the spread, regardless of whether Bitcoin's price surges or plummets. Since both contracts are likely to be affected similarly by overall market movements, the trader can focus on the relative performance between them, minimizing exposure to broader market volatility.

 requirements for spread trades, due to their reduced risk profile. This allows traders to control larger positions with less capital, enhancing their potential gains and providing additional liquidity. For instance, using a cross-margin account mode, a trader can execute a spread trade with even less upfront margin as compared to trading outright futures contracts. This capital efficiency enables traders to maximize their trading capacity without tying up excessive capital in margin requirements.

Traders can diversify their portfolios by engaging in cross-asset spreads based on their existing inclinations. This strategy allows traders to profit from the relative performance of different crypto projects. For example, trading Ether futures against Bitcoin futures, or comparing crypto ecosystems through spread trades, can provide opportunities to capitalize on differences in performance between assets. This diversification helps spread risk across multiple assets, making the trading strategy more resilient to market fluctuations.

4. Protection from external market shocks

Spread trading offers added insulation from external fundamental factors, such as regulatory changes or economic announcements that can significantly impact specific assets or projects in the crypto space. For instance, if a regulatory announcement causes Bitcoin's price to drop, the impact on both the long and short legs of a Bitcoin futures spread would be similar, minimizing the overall effect on the trade. This insulation helps traders maintain a more stable trading environment despite external market influences.

Spread trading often involves identifying and exploiting 

 opportunities arising from inefficiencies in market pricing. This can lead to gains with low risk. For example, if a spread trader notices a price discrepancy between Bitcoin futures contracts on different exchanges, they can profit by buying the cheaper contract and selling the more expensive one. This strategy allows traders to capitalize on market inefficiencies without taking on additional exposure or market risk, thus providing a low-risk opportunity for profit.

While futures spread trading offers benefits, such as reduced exposure to market volatility and lower margin requirements, it also involves unique risks that traders must understand and manage. Following are the key risks associated with futures spread trading in the crypto market.

Execution risk is a significant concern in futures spread trading, particularly in fast-moving crypto markets. This risk manifests as 

, whereby the actual execution price differs from the expected price, often due to rapid price movements or low liquidity. For instance, a trader attempting to execute a 

 by buying a March 2025 Bitcoin futures contract and selling a June 2025 contract might face slippage. If the price of the June contract moves unfavorably during execution, the trader ends up with a larger spread than anticipated, leading to potential losses. This scenario highlights the importance of monitoring market conditions closely and using tools that minimize execution risks.

Market risk is another critical factor in futures spread trading. Although spread trading focuses on relative price movements, adverse changes in either contract can still result in losses. This risk is heightened in volatile markets such as crypto. For example, a trader executing a cross-asset spread by buying Ether futures and selling Bitcoin futures is exposed to market risk. If Ether's price drops more than Bitcoin's, the spread widens unfavorably, leading to losses. This scenario underscores the need for traders to closely monitor market dynamics and adjust their strategies accordingly in order to mitigate potential losses.

Leverage risk is inherent in crypto futures trading, as high 

 can amplify both profits and losses. If the market moves against a trader's position, they may face margin calls, potentially leading to forced 

 at unfavorable prices. For instance, a trader using leverage to execute a large calendar spread in Bitcoin futures may face significant losses if the spread moves against them. They might be required to deposit additional margin or face liquidation, resulting in substantial financial losses. This highlights the importance of managing leverage carefully and setting appropriate 

Liquidity risk is a major concern in futures spread trading, especially in crypto markets, where liquidity can vary significantly across different assets and exchanges. Trading illiquid contracts can lead to wider bid-ask spreads and difficulty in executing trades at desired prices. For example, a trader attempting to close a spread position in a less liquid altcoin futures market may face challenges selling at a favorable price due to low liquidity. This can lead to increased losses, as the trader may have to accept a lower price or wait for better market conditions, which might not materialize. Therefore, it's crucial for traders to assess liquidity before entering a trade, and to plan accordingly.

Counterparty risk is another significant concern for traders, as they’re exposed to the risk of exchange failures or counterparty defaults. If the exchange or counterparty fails to fulfill their obligations, traders may incur losses. For instance, a trader holding a spread position on a smaller, unregulated exchange faces the risk of operational issues or insolvency. If the exchange experiences such problems, the trader may not be able to close their position or recover their funds, leading to substantial financial losses. This underscores the importance of choosing reputable exchanges and diversifying trading activities across multiple platforms.

Futures spread trading can be a valuable strategy for experienced traders who understand its complexities and can manage its risks effectively. However, it may be more challenging for beginning traders, due to the need for a solid understanding of futures markets and 

. Beginners might consider starting with simpler strategies, and gradually moving to spread trading as they gain more experience and confidence in their trading abilities.

As for experienced crypto traders, futures spread trading can certainly be something to explore. This is largely because veteran traders will be able to keep to their planned risk management levels, and take advantage of the strategic flexibility that typically comes with executing futures spread trades. Armed with the necessary market knowledge, experienced crypto traders can even plan and execute cross-asset spreads that make such trades even more lucrative.

As the crypto market continues to evolve, mastering futures spread trading can effectively provide crypto traders with a competitive edge, offering reduced risk profiles, capital efficiency and opportunities to diversify. By staying informed about market conditions and leveraging the capabilities of platforms such as Bybit, traders can execute spread trades effectively and achieve greater success in the dynamic world of crypto futures trading.

Intermediate

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Futures spread trading: Navigating price discrepancies for profit

Vitalik Buterin has outlined a nine-step roadmap to improve privacy on Ethereum, aiming to enhance user privacy with minimal changes to the network’s consensus.

The S&P 500 rose 5.7% last week after a tariff delay eased trade war fears; investors now await major earnings reports. Gold hit a record $3,200 amid trade tensions, a weaker dollar, and rising Fed rate cut expectations, with strong support from ETF inflows and central bank buying. CoinDesk Indices, which tracks the broader crypto market, dropped 0.31% in the past 24 hours, Bitcoin and Ether rose 1.22% and 2.00%, respectively. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today's top performer is BABY, up 25%, following the launch of Babylon's L1 mainnet and its partnership with Axelar for interoperability.

Babylon (BABY), launched on August 22, 2024, is a Bitcoin staking platform that enables users to earn income by temporarily locking their BTC tokens. Its trustless design differentiates it from other platforms by reducing the risk of malicious activity. Babylon 

 its Layer 1 mainnet, Genesis, and native token, BABY, on April 10, alongside a partnership with Axelar for blockchain interoperability. With over $4 billion in Bitcoin staked, Babylon allows Bitcoin holders to stake directly, earning rewards in BABY, which also serves for gas and governance. The launch marks Bitcoin’s entry into the staking market.

Check out the latest prices, charts, and data of 

 to improve privacy on Ethereum, aiming to enhance user privacy with minimal changes to the network’s consensus. Key steps include integrating privacy tools like Privacy Pools into wallets, making private sends the default, and adopting a "one address per application" standard. Buterin also proposed using trusted execution environments (TEEs) for short-term privacy solutions, transitioning to private information retrieval (PIR) for stronger privacy. Additional suggestions include supporting privacy protocols and allowing multiple privacy transactions to share a single proof. The goal is to ensure stronger privacy protections against RPC node adversaries.

Between April 7–11, 2025, Bitcoin spot ETFs recorded a total net outflow of $707.9 million, driven by $160.9 million from GBTC and $547 million from non-GBTC products, with the largest outflow occurring on April 8. Despite the weekly dip, total flows since inception remain positive at $35.5 billion, as $58.2 billion has flowed into non-GBTC ETFs, outweighing the $22.8 billion in cumulative GBTC outflows.

, a new Layer 1 blockchain backed by Arweave and Framework Ventures, has launched its testnet and arcade portal. Users can earn test IRYS tokens by playing games like Snake and Frogger, potentially qualifying for a future airdrop. Daily faucet claims and active participation may increase rewards.

Beginner

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Vitalik Buterin outlines nine-step plan to enhance privacy on Ethereum

Explore Siren (SIREN), the AI-powered crypto platform blending meme culture with smart investing tools, trading insights and on-chain automation.

As artificial intelligence (AI) continues to shift narratives in most sectors, the 

 space hasn’t been left behind. There’s been an influx of projects leveraging this technology, especially those incorporating 

 into their operations. According to our 

, the market capitalization for AI agents grew to over $15.5 billion by the end of Q4 2024.

One such project that’s leveraging blockchain technology and AI to add value for its investors is Siren (SIREN). The platform cleverly combines AI with the viral nature of meme culture to provide efficiency to crypto users.

 (SIREN)’s blockchain/AI platform provides users with access to smart investing and automated trading as they explore the 

. The project attracts web3 users by merging the appeal of meme culture with AI via AI agents.

Siren’s AI agents are based on the legendary sirens in Greek mythology, who enchant beings with celestial songs. As such, Siren’s AI agents are designed to draw users into the fascinating world of crypto.

Siren was launched by Four.meme, a project by 

 (formerly BinaryX) that provides a platform on which people can create tokens with zero fees. Just as 

 promotes Solana’s blockchain, Four.meme has been driving the meme culture narrative on 

Since its launch, Siren has been stirring the tides of crypto space. On Mar 20, 2025, SIREN was listed by 

 and BNB CARD. Upon its listing on Bitget on Mar 21, 2025, SIREN experienced a brief surge to almost $0.10 on Mar 22, which boosted its accessibility and liquidity.

Siren’s advanced AI tools enhance the user experience with the following key features.

Siren’s smart assistant, SIREN AI, serves as a personal aide, capable of managing schedules, setting reminders and delivering real-time information tailored to an individual’s investment preferences. By comprehending user habits and needs, it offers proactive suggestions to aid you in your investment decisions.

Represented as two alluring siren sisters, SIREN AI has two distinct functions. Rationality is the logic-driven sister who provides data-driven investment advice, while Imagination brings out the creative side of SIREN AI’s ability to spot new investment opportunities.

Complementing the SIREN AI smart assistant is the AI trading agent, a tool designed for the financial sector. It analyzes market trends and executes trades on behalf of users, utilizing advanced algorithms to process vast amounts of financial data. The agent then uses the data provided to make informed decisions, aiming to optimize investment strategies and potentially enhance returns.​ With multichain support and AI-powered analytics, the trading agent aims to offer advanced market intelligence across diverse ecosystems.

Apart from the AI assistant and trading agent, Siren AI also envisions tying the DeFi system together and leveraging AI agents for participation in DAO governance and optimization of new web3 functions.

Together, these three functions create a holistic ecosystem to revolutionize your DeFi experience. By integrating these capabilities, SIREN AI offers a comprehensive solution that empowers users with intuitive support, real-time insights and dynamic participation in the DeFi world.

 Perpetual contract in Bybit’s Innovation Zone with leverage of up to 25x. The Innovation Zone lists projects handpicked by the Bybit team, giving you early access to potentially high-return investments (at a higher fee and associated risk).

As of Apr 14, 2025, SIREN was trading at $0.0495, a 53.6% drop from its ATH of $0.11 on Feb 19, 2025, and a 89.3% increase from its ATL of $0.026 on Mar 11, 2025. As of Apr 14, 2025, SIREN’s market cap stands at $36.66 million, with a daily trading volume of $13.46 million.

Crypto prediction experts are pretty bullish on SIREN’s price. According to DigitalCoinPrice, 

 a maximum price of $0.18 in 2027 and increase to $0.27 by 2030. Meanwhile, CoinCodex 

 that SIREN could trade at $0.06 in 2027 and a maximum of $0.22 in 2030.

While these prices may seem bullish, they aren’t a guarantee of SIREN's future price. We highly recommend you 

 before investing in SIREN or any other meme coins in the crypto market.

Siren (SIREN) represents the cutting edge of artificial intelligence evolving to meet modern needs, both serious and playful. Its functions offer users a unified, intelligent AI-driven DeFi experience, and Siren delivers an adaptive and proactive solution tailored to modern investors.

But Siren goes beyond utility — it embraces the spirit of meme culture and the internet-native generation by giving users relatable, personality-driven AI agents. These agents don’t just serve — they entertain, engage and evolve with you. As AI continues to blend with digital culture and web3, Siren is leading the charge, creating a future in which technology is smart and social. 

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Siren (SIREN): Bewitching the crypto realm with AI sorcery

Our monthly report delves into insights from options volatility to inspire your next crypto move.

: The cryptocurrency market is highly reactive to macroeconomic events, with volatility responding sharply to geopolitical developments, particularly US tariff policies.

: Frequent inversions in the term structure of implied volatility suggest that traders are adjusting their risk perceptions based on immediate market conditions, rather than anticipated events.

: A notable shift toward bearish sentiment is evident, as indicated by a preference for out-of-the-money puts that reflects increased demand among investors for downside protection.

: The market remains cautious, with elevated levels of short-tenor implied volatility indicating expectations of potential future disruptions despite periods of calm.

The cryptocurrency market exhibited pronounced reactive volatility in March 2025, driven primarily by macroeconomic factors, particularly US tariff policies. Implied volatility spiked sharply in response to significant price movements, indicating that market participants were reacting more to immediate news, rather than positioning themselves ahead of expected events. The volatility surged in the wake of US president Donald Trump's tariff announcements, which created a pattern of rapid price fluctuations. This dynamic led to a notable peak in volatility that subsequently collapsed during quieter periods, revealing a market characterized by uncertainty and sensitivity to geopolitical developments.

During this time, Bitcoin's realized volatility has reached unprecedented levels, matching peaks not seen since the previous year’s significant market disruptions. Despite episodes of low realized volatility, short-term implied volatility consistently remained elevated, suggesting that traders were preparing for potential future disruptions, even when immediate volatility appeared subdued. This persistent expectation of volatility reflects an underlying apprehension in the market as participants brace for the potential impacts of ongoing geopolitical tensions and macroeconomic instability.

The analysis of the term structure of implied volatility reveals frequent inversions, a phenomenon whereby short-dated options exhibit higher implied volatility as compared to their longer-dated counterparts. This inversion typically indicates heightened expectations of imminent market events, or a surge in demand for short-dated options in response to sharp market movements. In March 2025, the market experienced multiple instances of such inversions, largely driven by the volatile nature of the underlying asset prices.

These inversions were particularly notable since they occurred in response to actual market conditions, rather than anticipated future events. For instance, the buildup of volatility surrounding the upcoming tariff announcements didn’t reflect the expected risk premiums that had characterized other significant events, such as political elections. Historical comparisons show that previous inversions were often resolved rapidly after the events occurred, unlike the gradual shifts observed in March, suggesting a potential mispricing of risk as market participants grappled with uncertainty in the geopolitical landscape.

The fluctuations in realized volatility during this period oscillated between extremes, highlighting the currently unpredictable nature of market conditions. Sustained high levels of short-tenor implied volatility indicated a reluctance among traders to engage in lower volatility assumptions, reflecting ongoing concerns about potential market disruptions.

Data suggests bears taking the upper hand

A significant shift in market sentiment was evident via the analysis of volatility smiles, particularly the increasing skew toward out-of-the-money puts. This change indicated a growing appetite for downside protection among investors, marking a departure from previous bullish sentiment observed in the market. The shift was particularly pronounced during March, as longer-dated volatility smiles leaned toward OTM puts for the first time since the November 2024 US elections.

Increased demand for put options was driven by a shift in market dynamics following the reversal of a prior bullish rally. As tariff tensions escalated, the market exhibited a clear preference for downside protection, leading to a reevaluation of risk. The analysis reveals that the relative demand for call options hasn’t declined sharply, but instead has gradually decreased, indicating a more cautious outlook among market participants.

This evolving landscape of volatility suggests that the cryptocurrency market is navigating a period of heightened uncertainty shaped by rapid developments in global trade and economic policy. The persistent inversion of the term structure and the pronounced bearish sentiment signal a market preparing for potential volatility spikes. As geopolitical tensions continue to influence market dynamics, the demand for protective options reflects a broader sentiment of caution among investors, underscoring the complexities of navigating the current environment.

Advanced

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Bybit X Block Scholes options volatility report (March 2025): Huge swing leads to frequent inversions; data suggests traders remain cautious

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GameFi

Treasure is a game console that serves the important role of linking communities and games together through MAGIC crypto. Find out more about it here.

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Decentralization provides great opportunities for blockchain networks and the platforms that they support. While decentralization is no longer new in the crypto world, its evolution continues to change the landscape. Even platforms that were established some time ago are being reinvigorated through exciting evolutionary changes. 

 is one such platform that has recently been rebranded to take its functionality and appeal to a higher level while connecting 

Treasure is a game console that serves the important role of linking communities and games together. This decentralized platform accomplishes this through Treasure NFTs and its native token, MAGIC.

While Treasure has only been live for slightly more than a year, its builders and developers have identified powerful growth opportunities that warranted its recent rebranding. It continues to be the supporting infrastructure for numerous metaverse projects. Through its rebranding, however, Treasure has strengthened its brand identity while also continuing to support the creative efforts of builders and collaborators as they work on their projects.

Treasure was initially launched in August 2021 on Ethereum as a branch of the 

. The project later migrated over to Arbitrum in October 2021. Its primary founder is John Patten, but he and a talented 

 of creatives and technology experts collectively collaborated on the project. However, little has been publicized about the team's professional experiences prior to working on this project.

Treasure has most recently gained recognition as the top NFT platform on the Arbitrum blockchain, accounting for roughly 95% of its NFT transactions. It has also grown its collection of builders, games and brands substantially in a relatively short period of time. Treasure has a community of 100,000 people using its nine games and brands currently, and this number is expected to grow substantially as new projects come online. 

Since its inception, Treasure’s primary purpose has been to link and support communities, games and builders with the use of web3. By doing so, it hopes to change the landscape of game building. Through decentralization, Treasure is intent on promoting grassroots building and community ownership. To accomplish its goals, the platform uses its native token, MAGIC, to expand its economy and gaming ecosystem while also linking its supported projects.

More than that, the founders and the community members strive to introduce more people to the web3 space through supported games and Treasure NFTs. With the team's focus on making web3 more mainstream, the individuals are focused on finding and developing real-life applications in this space.

Treasure is designed with three primary layers. The first layer, named as Cartridges, has been created by builders using MAGIC, and it is a collection of both metaverses and games. The Treasure console stack’s middle layer is made up of many small Communities. While each community is individualized, they all use MAGIC, similar resources and guilds in their operations. The final layer in Treasure’s console stack is its Infrastructure. This is a powerful section of the ecosystem that features the platform’s economic engine as well as the resources and tools that builders need. 

On a broader level, the Treasure ecosystem supports the development of new metaverse projects. These projects each have a gaming mechanism that allows for developing a player’s NFTs and staking tokens. While each project is unique, every project available on treasure's marketplace utilizes MAGIC, which supports the growth of the Arbitrum blockchain.

The diversity of the Treasure ecosystem has evolved substantially in a relatively short period of time. By doing so, it has enabled builders and collaborators of metaverse projects to excel in their efforts. The core features of this platform are Bridgeworld, Cartridges, Community, Infrastructure and Trove. A closer look at these critical features reveals the key benefits that the platform provides to its many users.

 is the hallmark of this platform, and it serves as the base-level support for the platform’s economic layer and its gamified infrastructure. As the central metaverse for the platform and the essential building block of the supported metaverses, it is the space where the economy thrives. The economy is comprised of MAGIC, Treasures and Legions.

MAGIC originates in Bridgeworld and functions in all of the metaverses supported by Treasure. The platform describes MAGIC as the place where new stars are born. This is because the MAGIC token powers the metaverses. More than that, MAGIC allows the metaverse projects to connect and offers greater functionality for users. It is also the currency used for buying and selling NFTs on the Treasure marketplace, known as Trove. Through its functionality, MAGIC supports greater decentralization as well as the introduction of economic assets that can be used in the real world.

In Bridgeworld, Legions are the key players that are represented by Treasure NFTs, and they comprise Auxiliary and Genesis units. As a player, you claim quests and mine MAGIC by going on adventures. You can also use your Treasure NFTs to upgrade your players within the game. Each Legion has individual characteristics and abilities that support different aspects of gameplay, and these can be increased through the acquisition of Treasures.

Legions use their various resources to elevate gameplay and for 

. Each natural resource, known as a Treasure, can be purchased with MAGIC, and there are currently several dozen different Treasures available to Bridgeworld’s game players. The Treasures can range from donkeys, god-granted favors, diamonds and more. You can use these Treasures to complete various quests and adventures, and open up greater opportunities within the metaverse.

Cartridges, which are developed by creators using MAGIC, are free to mint. All of the Cartridges are fair-launch. Current Cartridges include 

. Some of the Cartridges that will be launched soon include 

. These Cartridges are linked to the Treasure metaverse through their use of MAGIC.

In the Community layer, numerous small communities reside. Each of these communities is individualized by the developer. However, they all utilize MAGIC to function and take advantage of similar guilds and resources.

The essential Infrastructure layer serves as the economic powerhouse for the entire platform. It is also responsible for granting builders of new projects all of the tools and resources that they need to be successful. The other layers, Cartridges and Community, rely on the ecosystem’s core infrastructure to function. All layers utilize Treasure's native token as a connecting mechanism.

In the Treasure Trove, collectors, game players and others can buy and sell gamified NFTs. This is a specialized marketplace that operates on Arbitrum. The NFT transactions can be completed with MAGIC or ETH. By purchasing NFTs in the Trove, you can participate in the corresponding Treasure-based games, including 

and others. As more metaverses come online, the available NFTs in the marketplace will increase substantially.

Treasure supports several games currently, and this number is growing. MAGIC is the unifying token that links these games. MagicSwap facilitates the exchange of MAGIC for other types of reserve currency used in these various games. By doing so, this gateway supports Treasure’s cross-game economy.

Treasure is the foundation for several exciting NFT projects, and more projects are in the works today. While each project stands on its own with individualized features and operations, they all use Treasure's native token. A few of these projects have gained incredible popularity in the decentralized space. What are some of the best Treasure NFT projects to consider playing today?

is less complicated yet equally fun and lucrative for game players. It is recognized as the first project to use the Treasure platform, after 

 along with Smol Cars and Smol Land. As players stake their Smol Brains NFTs, they build up IQ points. With a higher IQ, a Smol Brains NFT increases its value in the marketplace. Smol Pets and Smol Backpacks have recently been released to enhance gaming. Upcoming innovations for Smol Brains include the ability to make Smol Babies and to use Smol Cars in races to earn prizes.

, was the first Treasure metaverse project to go live that was not actually built by the Treasure team. This game starts with a baby Seed of Life NFT, which gradually grows into a child, a teen, an adult and finally, a senior. Over the march of time, the NFT’s traits change. The NFTs are able to fall in love, experience disappointments, get a job, go to school and more. These NFTs simulate the experience of living and take the owner on an emotional journey. When the NFT dies, the owner is awarded a commemorative NFT. MAGIC is the life source that is essential for these NFTs, and they can spur new opportunities and resources.

Treasure has a grassroots community as well as government via the Treasure DAO. This DAO comprises owners of staked MAGIC, and they are responsible for the oversight of the full project. The Treasure DAO also encourages community members to work with team members for the refinement and development of the ecosystem, and this is accomplished via incentives. Going forward, the Treasure DAO may expand the platform's ecosystem and offer more products for the many token holders to take advantage of.

Treasure is a relatively new platform, but several metaverse projects are already live and available on the platform for users to participate in. In addition, new projects are actively being created using the Treasure ecosystem. With this in mind, you can expect significant growth going forward.

The current circulating supply of MAGIC is 113 million tokens. This equates to roughly 32% of the total supply of MAGIC of 350 trillion tokens. Future MAGIC emissions will be allocated with 33% for the Treasure farm and 25% reserved for mining. In addition, 17% of the supply will be used for staking and liquidity. Another 15% is reserved for the ecosystem fund, and the remaining 10% is dedicated to the team. MAGIC’s emission is similar to Bitcoin’s halving mechanism. However, unlike Bitcoin, MAGIC emission occurs annually.

Treasure’s development team specifically opted for the design to take advantage of high early inflation. By doing so, they have fostered long-term sustainability. In addition, the high rewards structure available through MAGIC mining has been crucial in the availability of liquidity. This liquidity has supported protocol and fostered confidence in the platform.

The current price for MAGIC is $0.6263. MAGIC’s peak price of $6.32 was recorded on Feb 19, 2022. The token launched in September 2021 at $0.03828, and the token price reached its lowest point of $0.01999 only a week after the launch.

Looking forward, many experts expect the MAGIC price to increase. While token prices are generally volatile, holding MAGIC could prove to be a profitable investment. According to 

, MAGIC is anticipated to reach $1.64 by the end of 2023. By 2025, the token price may hit $4.71, and it may further increase to $7.63 by the end of 2026. While the projection by many experts is positive, it is important to note that some experts are less bullish on the price of MAGIC going forward. As such, it is important that you always DYOR before investing any of your money.

There are two easy ways to purchase MAGIC. Firstly, you can trade the 

 Spot trading pair on the Bybit exchange once you sign up for a Bybit account.

Another way to buy MAGIC is through the Treasure platform. Treasure’s MagicSwap feature supports token purchases using several cryptocurrencies. Once you hold MAGIC tokens, you can then use them in gameplay on any of the Treasure projects. Because MAGIC is essential for some aspects of gameplay, such as to keep your Life’s Seed of Life NFT alive, you may find yourself taking advantage of the Bybit or MagicSwap exchanges many times going forward.

MAGIC is essential for gameplay in Treasure projects, but it also could be a solid investment. All crypto prices are volatile, and there is always a possibility of losing money through holdings. However, the price of MAGIC is expected to gradually trend upward over the course of the next several years. This means that if you plan to hold MAGIC tokens for the short term, it could potentially result in loss. Holding the tokens for a longer period of time could give you a greater potential for financial gains.

Keep in mind that MAGIC has additional utility beyond being an investment. It can be used to develop NFTs, such as by increasing their resources and adding more advanced powers and traits. When MAGIC is used to enhance your collection of NFTs, there is an additional potential for growth. At the same time, your investment could help to foster further growth of the platform.

While there are many platforms similar to Treasure today, this platform stands apart through its commitment to growing Arbitrum and fostering web3 utility. At the same time, its token can conveniently be used across the spectrum of Treasure projects, and this may enhance gameplay for many owners. If you have not already explored all that Treasure offers, this could be the ideal time to do so.

Treasure (MAGIC): Connecting Metaverse Projects with MAGIC

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