Loud has officially launched its $LOUD token through an Initial Attention Offering (IAO) that began on May 31 via HoloLaunch. 

Daily top performer — Mask Network (MASK)

The S&P 500 eased after a 6.15% rally in May, its best month since Nov 2023, amid strong earnings and trade policy uncertainty. Gold rose 0.6% to $3,309.89 as a weaker dollar and Trump's renewed tariff threats on steel and aluminum boosted safe-haven demand. Escalating geopolitical tensions and expectations of Fed rate cuts further supported prices. CoinDesk Indices, which track the broader crypto market, fell 0.07% in the past 24 hours, while Bitcoin and Ether dropping 0.81% and 1.79%, respectively. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today’s top performer is MASK, up 33.5% after Mask Network backed GoPlus’s real-time Web3 security integration for AI models.

Mask Network (MASK), founded in 2017, brings Web3 features like crypto and NFTs to platforms like Twitter and Facebook, supporting multiple blockchains. 

, the first AI-native Web3 security layer that brings real-time threat detection—such as phishing and honeypots—to large language models like Claude and DeepSeek. Supporting over 40 blockchains, this integration marks a key step in bridging AI with Web3 infrastructure.

Check out the latest prices, charts, and data of 

 its $LOUD token through an Initial Attention Offering (IAO) that began on May 31 via HoloLaunch. The IAO aimed to raise $70,000 (400 $SOL) for 45% of the total supply, split between a priority phase for the top 1,000 contributors and a first-come, first-served community phase. Eligible KaitoAI users could participate by contributing 0.2 $SOL. Following the IAO, $SOL and $LOUD liquidity was added to Meteora, and trading on the open market has since commenced, marking the start of the decentralized attention experiment backed by KaitoAI.

During the week of May 26–30, 2025, BTC spot ETFs saw a total net outflow of $144.8 million, with GBTC accounting for $134.4 million in outflows and non-GBTC funds down by $10.4 million. Despite recent volatility, cumulative flows since inception remain positive at $44.4 billion, driven by $67.6 billion in non-GBTC inflows offsetting $23.2 billion in GBTC outflows.

Beginner

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Loud token launches with IAO and community-driven trading kickoff

Explore our article to find out how you can plan and execute a futures spread trade.

While some crypto traders are hyperfocused on maximizing their gains while 

 often leads to account blowups and amplified losses. This is where futures spread trading becomes invaluable. By simultaneously taking opposing positions in related futures contracts, traders can significantly reduce their exposure to directional risk.

Keen to learn more? From grasping how to execute spread trades by managing 

 positions effectively to weighing the pros and cons of futures spread trading in the crypto space, this article will guide you through everything you need to know when trading futures spreads on Bybit.

What is futures spread trading in the crypto market?

Futures spread trading involves simultaneously buying and selling related futures contracts to profit from changes in the price difference between them, rather than the absolute price direction of the underlying asset.

This strategy reduces directional risk compared to trading single futures contracts, as it focuses on the relative price movement between two contracts, commonly seen in calendar spreads (different expiration dates for the same asset) or intercommodity spreads (for two or more related assets).

In relation to cryptocurrency, futures spread trading applies the fundamental concept of profiting from the differential movement of related contracts, but it's shaped by several factors which are largely unique to digital assets. These include the following:

In essence, all of these factors contribute to the need for a nuanced and adaptable approach in order to successfully navigate such a complex trading strategy within the digital asset space. 

If you’ve read our guide to futures spread trades, you’re probably wondering how to go about executing them. Let’s consider how crypto traders can begin executing these spread trades.

In addition to doing the necessary research before trying out futures spread trading in the crypto space, the following issues are important to consider before diving in:

Keen on getting more out of each futures spread trade as a crypto trader? Beyond basic spread strategies, advanced techniques can significantly enhance your profitability and risk management. Following are some bonus tips to help you along and improve your odds of success over time.

Adjust dynamically and capitalize on volatility shifts

Given that the crypto market is notorious for its volatility, futures contracts can certainly be affected by changes in market conditions. Dynamic adjustments involve continuously monitoring and adapting your spread positions based on shifts in liquidity and market sentiment. As such, we can typically use tools like volatility metrics to anticipate and react to changes.

Calendar spreads are particularly effective in crypto markets because they can help you capitalize on time decay and volatility differences between contracts with different expiration dates. By buying and selling futures contracts with the same underlying asset but different expiration dates, you can profit from price differences without being exposed to the overall market direction.

Consider using automated trading platforms or bots to execute trades quickly and consistently, especially in fast-moving crypto markets. This can be particularly beneficial for spread trading, in which precise timing and efficient execution are crucial. However, automation requires careful consideration, including the following: 

 to offset potential losses in futures positions can further enhance directional risk management. However, successfully applying these advanced techniques requires a nuanced understanding of their intricacies and potential pitfalls. While delta hedging aims for neutrality, it can be challenging to achieve a perfect delta-neutral position (especially in volatile markets). Continually monitor and adjust as necessary, as transaction costs associated with frequent hedging can erode overall trading gains.

By mastering these advanced techniques, crypto traders can significantly improve their spread trading performance and navigate the volatile crypto futures market with greater confidence.

Bybit provides a robust platform for trading futures. Although it may not have a dedicated "spread trading" interface, you can still execute spread trades effectively by managing your long and short positions within its system. Following is a refined guide for planning and executing a long call calendar spread for Bitcoin.

With Bybit at your fingertips, you're poised to master the intricate art of futures spread trading. Armed with real-time market insights, cutting-edge trading tools and an intuitive interface that lets you execute spread trades with laser-sharp precision, you’ll certainly be equipped to take on the volatile world of crypto futures spread trading. 

Whether you're drawn to calendar spreads, cross-asset spreads or basis spreads, Bybit provides the perfect canvas to capitalize on market inefficiencies while shielding you from the wild swings of overall market volatility. In addition, with its unwavering commitment to security and transparency, Bybit gives you the confidence to focus on refining your spread trading strategies and seizing opportunities in the fast-paced crypto futures landscape.

Intermediate

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Crypto futures spread trades walkthrough: How to profit from gaps

Bitcoin surged to an all-time high of $112,000, but volatility triggered by geopolitical events quickly followed this milestone. 

On May 22, 2025, Bitcoin surged to an all-time high of $112,000, but volatility triggered by geopolitical events quickly followed this milestone. The announcement by US President Trump of a 50% tariff on goods from the European Union caused immediate panic among traders, reminiscent of past trade tensions. However, a swift market recovery occurred when the White House delayed the tariff's implementation until Jul 9, 2025, reviving bullish sentiment. 

Let’s look at some market sentiment data.

Crowd sentiment data reveals that trader emotions play a crucial role in market behavior. When Bitcoin reached its peak on May 22, positive sentiment surged, only to be followed by a rapid correction as traders faced unexpected market shifts. This highlights a pattern whereby prices often move contrary to retail expectations, suggesting that emotional responses can act as counterindicators.

Long-term indicators are more optimistic. Since the start of 2025, Bitcoin supply on exchanges has decreased by 147,160 BTC, indicating that many traders are moving assets into long-term storage, reflecting confidence in future price increases. The Mean Dollar Invested Age (MDIA) has also declined, suggesting that older coins are being reintroduced into circulation, a trend often associated with bullish momentum.

 activity has intensified, with spikes in transactions over $100,000 during Bitcoin's price peak. This behavior indicates profit-taking by institutional investors, which can lead to price corrections if not managed carefully. High whale activity at market tops often signals distribution, cautioning retail traders about potential market shifts.

Looking forward, the approaching July 9 tariff deadline will be a critical factor influencing Bitcoin's price trajectory. The market's reaction to this event, combined with ongoing geopolitical tensions, will likely determine whether current sideways movement evolves into a deeper correction or sets the stage for another rally. Stakeholders should integrate macroeconomic news with on-chain data analysis, including metrics like 

 and whale activity, in order to navigate this complex environment effectively.

Advanced

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Bybit x Santiment Social Sentiment Report: Bitcoin’s all-time high leads to loftier expectations

Discover Bybit’s flexible crypto loan options—borrow against your assets to trade, stake, or earn rewards without selling your crypto.

Borrowing funds for your crypto trading can be an excellent capital efficiency measure. In many cases, it pays to borrow the cryptocurrency of your choice against collateral instead of buying it outright. Crypto loans can also help you access unique yield-generation opportunities, such as leveraged staking. Savvy traders and investors in crypto have long known that borrowing is one of the key avenues for improving the efficiency, flexibility and profitability of your operations. 

Bybit offers you several ways to borrow cryptocurrency. These include flexible rate and fixed-rate overcollateralized crypto loans, Unified Trading Account (UTA) auto-borrowing, the Margin Staked SOL product and Launchpool Borrow & Stake. These options allow you to access crypto funds in highly efficient and flexible ways to support your trades, earn 

 rewards or receive early-stage tokens for free. 

In this article, we’ll look in detail at these four ways of borrowing funds with Bybit, and discuss their key features, use cases and benefits. 

1. Crypto Loans — Liquidity without selling

Bybit offers its users overcollateralized crypto loans, with both flexible and fixed-rate interest. Flexible crypto loans feature variable interest, updated hourly based on prevailing market conditions. Fixed-rate loans offer preset interest for borrowing tenures of 7, 14, 30, 60, 90 or 180 days, depending upon your preference. 

Flexible rate loans are supplied directly by the Bybit platform, while fixed-rate loans are procured through Bybit’s 

 (P2P) lending service. Crypto lenders post their offers on Bybit P2P and specify their preferred conditions, such as the loan duration and interest rate. Borrowers may choose from the existing offers, or create a separate loan order with the interest rate and other conditions they’d like to access. The system then evaluates orders from lenders and borrowers in order to find the optimal match and connect the two parties.

Since early May 2025, the two loan varieties have been integrated into a single user interface under a unified product umbrella called Crypto Loans. You can now use the same shared collateral to secure both flexible and fixed-rate loans. Your collateral can also be used across different markets and products on the platform, such as the Spot and Derivatives markets and Bybit staking products.

 (LTV) thresholds applicable for margin limits, margin calls and liquidation — 80%, 85% and 92%, respectively. 

Bybit offers a wide variety of crypto assets for borrowing and collateral, including 

 and the leading high-cap cryptocurrencies, such as 

Interest rates for all Crypto Loans are compounded hourly. Fixed loans have a set rate in a range specified by the supplier and/or borrower, and flexible-rate loans are subject to a floating rate based on market conditions.

Flexible Crypto Loans are particularly useful for traders who wish to borrow with maximum flexibility and efficiency, repaying the amount when they find it most suitable based on their trading activity. For example, if you borrow funds for just 15 hours to facilitate some short-term trades, you’ll only pay interest for those 15 hours and not a single hour more. 

On the other hand, Fixed-Rate Crypto Loans suit borrowers who would like to operate in complete certainty, regardless of market developments, by locking in a preset interest rate.

2. UTA auto-loans — active capital with full control

Borrowing funds is automatically enabled in certain scenarios under your Bybit 

 (UTA). Automatic borrowing in the UTA is triggered when the following situations arise:

UTA loans aren’t available for manual borrowing; they’re only automatically triggered under the above scenarios. However, repayments are possible both in manual and auto modes. Interest rates for these loans are updated on an hourly basis. 

One key benefit of UTA loans is their applicability to spot margin trading on Bybit. With spot margin trading, you can use assets in your spot account as collateral for 

 with leverage ratios of up to 10x. Supported collateral assets include over 200 cryptocurrencies, including all high-cap coins. 

UTA loans are ideal for leverage trading aficionados, and for active traders who place frequent orders and might find themselves short on funds during a particular trade. The auto-borrowing function of these loans ensures that your orders go through, even if there’s a shortfall of funds or specific assets in your wallet. 

3. Margin Staked SOL — yield boost through leverage

 allows you to use leverage to boost your Solana liquid staking yields. To use this product, you’ll need to commit your SOL funds to Solana staking, which Bybit will manage through the use of the 

. Sanctum is a leading provider of infrastructure and services for Solana staking. 

You can borrow additional funds to stake with up to 4x leverage available. Upon staking, you’ll be issued the 

 (LST) that accrues your staking rewards. 

The interest that you pay on the borrowed funds is updated hourly. All interest repayments are handled automatically, either when the user decides to stop staking or their losses reach 90% of their staked principal. You can redeem your SOL funds at any time.

4. Borrow & Stake on Launchpool — multiply your rewards with minimal funds

option through its Launchpool. By staking your crypto funds and borrowing up to 3x of your principal, you can earn rewards through free tokens of projects offered via the Launchpool. Reward tokens for potential future market stars are usually issued for free by early-stage web3 projects.

is extremely user-friendly, and it takes just a single click to borrow and stake. As with the other three methods of borrowing, the interest rate on your borrowed funds is subject to hourly updates.

Choosing the right tool for your strategy

The four Bybit loan options above each have unique benefits and use cases. Deciding which option best suits you will depend upon your trading strategy, goals, available capital, familiarity with spot margin trading, experience level and openness to leverage. 

The below table summarizes the four loan products by user profile, primary use case and capital efficiency model. 

Bybit’s Crypto Loan products are ideal — not just for borrowing, but also for utilizing your existing idle funds for margin trading and staking to amplify yields. Each product type applies to different potential scenarios:

With the above loan options, crypto borrowing is no longer just about meeting fund shortfalls: now it’s a valid strategy to get the most out of your crypto trading.

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Bybit Loan: Flexible paths to capital efficiency

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GameFi

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Altcoins

web3

Artificial Intelligence (AI)

Elderglade (ELDE) is an AI-powered, retro fantasy NFT game where players earn rewards through immersive quests, battles, and strategic gameplay.

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 (NFTs) to provide players with true digital asset ownership. However, achieving this goal has become difficult due to the dull and tedious play-to-earn model involved in securing these assets.

As a countermeasure, many games have turned to AI to provide an immersive gaming experience. One such project, 

, is providing AI-powered gameplay to its millions of players so they can earn rewards through competitive gaming.

 and the ELDE token, which powers its entire gaming economy.

 is an AI-driven, retro-style, turn-based NFT game in which both casual and competitive gamers engage in looting battles in an immersive gaming universe powered by the ELDE token. 

The project capitalizes on the rebirth of retro-style gaming, which has continued to take the gaming world by storm. 

 has gone viral by tapping into nostalgic classic video games played by many people in their childhoods, fostering a familiar and comfortable gaming experience.

The game combines mobile and browser-based gaming to broaden its offerings to gamers across the globe. You can launch 

 on many easily accessible platforms, such as Telegram, LINE and Google Play & App Store. The game will soon launch on Chinese and Korean social media giant apps WeChat and Kakao.

Before the launch of ELDE, players competed and transacted using 

 tokens, as monthly revenue from microtransactions ranged between $300K and $500K. The ELDE token enters to power a system whose players are already competing and transacting.

Artificial Intelligence (AI) is a critical component of 

's gaming mechanics. The technology facilitates the reactions and unpredictability of non-player characters (NPCs) to make the gameplay more thrilling. Furthermore, 

 uses AI to automate champion battles so that action is sequenced based on previous fighting experience. 

AI is also used to generate characters' background stories, such as their wins and losses, combat experience and other aspects of their past experiences. This information helps players decide whether to place a bid on a given character. In addition, AI has been integrated into 

 gameplay to ensure that every adventure is unpredictable and exciting. It generates dynamic maps for exploring to help control creatures in the game and develop a dynamic looting system based on player progression. 

 also leverages machine learning (ML) algorithms in order to analyze player engagement, behavior and preferences, which boosts the overall gaming experience.

 AI-driven gameplay combines dynamic adventures and strategic management as you explore the game's retro-style fantasy world. Turn-based player-vs.-player-vs.-environment (PvPvE) gameplay includes assembling heroes in taverns, engaging in battles in an AI-enhanced wilderness and collecting loot. 

In order to play, you need to launch the game's 

 on Telegram or any other supported platform and choose a unique user name to interact with the game. Once within 

, you can play a timed turn-based game requiring strategic moves to defeat your opponent and earn maximum points. You still get to keep a fifth of the points if you lose.

The game also has boosters that include replenishing your energy once a day or increasing your maximum energy reserves using the Energy Limit booster. Other boosters you can incorporate into your gameplay include upgrading with energy regeneration or bigger prizes in order to increase your earnings. 

Apart from actively gaming, you can also increase your points by:

You can also earn passively by purchasing farm cards, which help you execute tasks automatically to earn points, even when you're not gaming. However, you'll have to log in every three hours to ensure that you can continue scoring points from these cards.

. They provide a verifiable and transparent way of owning digital in-game assets, since they’re recorded on a blockchain. You can own NFTs in the form of weapons, armor or characters.

 has created a sustainable NFT ecosystem by limiting the supply of certain NFTs, as rarity-based mechanics help retain value even in the secondary NFT markets.

 has an integrated NFT marketplace (powered by the ELDE token) that facilitates the trading of NFTs and deepens the game's economy.

These NFT characters are used to participate in battles and quests, and include animal heroes that thrive in the game’s universe. They can level up within the game to unlock more skills. As a player, you may tailor your NFT's growth by adding new abilities to fit your gaming strategy.

These NFTs enhance the abilities of characters in the game. They include weapons, armor and potions. Acquire these NFTs by winning battles and quests so you can loot from the treasure trove, and then store the loot for future adventures or trade it in the in-game marketplace.

These NFTs form the infrastructure within the 

game. You can buy, own and develop properties in the game, such as the Tavern (a social hub where players can engage), Healer’s Haven (where players heal after intense battles), Forge (where players meet to recycle loot) and Scavenger’s Hut (used to provide insurance for items before players go to battle). These virtual properties generate passive income for their holders.

What is the Elderglade crypto token (ELDE)?

ELDE is the native utility token powering 

. The game’s ecosystem consists of a closed-loop economy fueled by ELDE. Use cases are as follows:

ELDE has a total supply of 400 million tokens, which are allocated as follows:

 to reward active players who have made real in-game contributions. The rewards will be distributed over three rounds to ensure players remain active and committed and protect the long-term value of ELDE tokens.

Ten million ELDE have been set aside for the initial airdrop (to be allocated based on rank, since the game is performance-based). In order to become eligible, you’ll need to play more and rise up the ranks.

Where to buy the Elderglade crypto token (ELDE)

You can buy ELDE on Bybit’s Spot trading platform. To celebrate the listing, Bybit is holding a Token Splash event in which 

To share in the prize pool, simply sign up on Bybit, complete Identity Verification and accumulate a deposit volume of at least 1,000 ELDE, or deposit and trade at least 100 USDT worth of ELDE. The event runs from May 27, 2025, 10AM UTC to Jun 10, 2025, 10AM UTC.

’s groundbreaking retro-style fantasy game blends AI innovation and NFT magic, marking a new era in web3 gaming. With its immersive gameplay and digital ownership model, 

 competes impressively against top-tier Web 2.0 mobile games.

 prepares to expand into enormous gaming markets, such as China and Korea, its global potential is undeniable. This expansion could significantly boost adoption and community growth, positioning 

 (ELDE)as a true leader in the next evolution of gaming.

 isn’t just a game — it’s a movement reshaping the way that players own, interact with and experience fantasy worlds across borders.

Elderglade (ELDE): Retro fantasy game forged by AI and NFT magic

Compete for 2,500 USDT USDT Every Week

Elderglade (ELDE): Retro fantasy game forged by AI and NFT magic

Grab Up to 5,000 USDT in Rewards

Compete for 2,500 USDT USDT Every Week

Grab Up to 5,000 USDT in Rewards