Ethena Labs has launched USDtb, a new stablecoin backed by BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) in partnership with Securitize. 

Daily Top Performer — Eigenlayer (EIGEN)

The S&P 500 rose 0.38% as investors await the Fed's rate decision and 2025 outlook. Coindesk Indices, an index measuring broader cryptocurrency market performance was down by 3.87%, with Bitcoin and Ether rising by 2.69% and 5.02%, respectively in the past 24 hours.

Today's top performer is EIGEN, which surged 11.2% after the Eigen Foundation pledged 1% of the EIGEN supply to support the Protocol Guild.

EigenLayer (EIGEN), founded in 2021, is an Ethereum-based protocol that allows ETH stakers to restake ETH and Liquid Staking Tokens (LSTs) to boost security for other protocols, earning extra rewards while providing access to Ethereum's validator network. The Eigen Foundation has 

 1% of its EIGEN supply to support the Protocol Guild, a key funding mechanism for Ethereum’s core Layer 1 R&D. This pledge, which was mentioned in the Season 2 stakedrop blog post, aims to ensure ongoing funding for Ethereum maintainers and contribute to the network's decentralized growth and sustainability.

Check Out the Latest Prices, Charts, and Data of 

, a new stablecoin backed by BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) in partnership with Securitize. USDtb’s reserves are primarily invested in BUIDL, with 90% of its backing allocated to it. The stablecoin aims to provide a scalable and differentiated option compared to existing stablecoins, with the potential to mitigate risks for Ethena’s USDe token. USDtb can also be used as margin collateral on exchanges and is being considered for Spark’s $1bn Tokenization Grand Prix. It has passed multiple audits and supports seamless cross-chain transfers via LayerZero.

Yesterday, BTC Spot ETF saw total flows of $218.7M, with $17.6M from GBTC and $201.1M from non-GBTC.

 token on December 17 as an ERC-20 utility token with a total supply of 1 billion. The token will power its gaming metaverse, offering staking rewards, exclusive in-game resources, consumables, and governance rights. ISLAND will primarily be distributed to the community (40.1%), including play-to-airdrop participants, ecosystem incentives, and rewards pools. Investors, advisors, and the team have long-term token locks, while a small portion supports exchange liquidity and the project treasury. Users can claim ISLAND on the Nifty Island website and benefit from staking for enhanced gameplay rewards and platform advantages.

Beginner

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Ethena Labs Launches USDtb Stablecoin Backed by BlackRock’s BUIDL Fund

Learn about GigaChad (GIGA), a Solana-based meme coin inspired by the iconic GigaChad meme, and the unique and cult-like community that developed around the meme coin.

What began as an internet meme celebrating the "ultimate alpha male" has evolved into a rising star in the 

 market. GigaChad (GIGA), inspired by the iconic 

, has taken the Solana ecosystem by storm, inspiring a viral culture to create a unique community-driven meme coin.

GIGA showcases how meme coins can unite online communities while offering new investment opportunities. This article delves into GigaChad’s rise, exploring the origin of the GigaChad meme, the vibrant community behind it, the coin’s market performance and what users should know before trading GIGA on Bybit.

Solana has emerged as a hub for meme coins this year, due to its low transaction fees and fast network speed. Coins like 

 have captured the imagination of communities, propelling these meme coins to billions of dollars in 

. Amid this scene, GIGA has entered the fray, promising to combine the meme’s cultural significance with blockchain innovation.

The Origins of GigaChad: From ‘Just a Meme’ to Crypto Icon

GigaChad’s journey began in 2017 with Russian photographer Krista Sudmalis’s 

 art project. This series featured hyper-stylized portraits of ultra-masculine models, celebrating exaggerated ideals of male perfection. Among these models, images of one stood out — Ernest Khalimov (Instagram: berlin.1969). The images portrayed an impossibly chiseled jawline, symmetrical features and a larger-than-life physique, earning the likeness the nickname “GigaChad,” a moniker that would soon take on a life of its own.

 forum, where it immediately caught attention. A day later, 4chan’s /pol/ board crowned images of Khalimov “GigaChad, the perfect human specimen destined to lead humanity against reptilians.” The absurdity of this statement, combined with Khalimov’s unreal appearance, fueled an internet legend. Indeed, Khalimov’s identity has been impossible to prove, with some sources asserting that his likeness 

By 2018, GigaChad memes had gone viral, appearing across platforms like Reddit, Imgur and Instagram. The Khalimov likeness, verifiable or not, had become a symbol of unattainable masculinity: equal parts inspiration and intimidation. In 2021, his fame soared again with the viral 

 meme, set to the haunting sounds of Bring Me the Horizon’s “Can You Feel My Heart.”

By 2024, GigaChad’s legend had transcended internet culture. On June 28, 2024, National GigaChad Day, the Solana-based meme coin GIGA launched, cementing the icon’s crypto status. Blending fitness, finance and meme culture, GigaChad is now a modern archetype — a reminder to strive for greatness, whether through effort or editing software.

Fast forward to today: the GIGA meme coin has 

 into a symbol of confidence, ambition and humor on crypto Twitter. This archetype has resonated deeply, inspiring enthusiasts and investors to rally around ideals of strength and unity. GigaChad’s cultural relevance extends beyond humor, influencing projects that leverage its appeal to foster collective identity and drive engagement.

The GigaChad community embodies its meme’s larger-than-life persona, radiating confidence and a no-nonsense attitude. Just as the GigaChad meme symbolizes a conception of ideal masculinity, the community represents resilience and bullish optimism.

, a seasoned investor, have openly expressed their confidence in GIGA’s potential, dubbing it the next big meme coin on Solana. This vocal backing has sparked a surge in interest, drawing both retail traders and crypto degens into the fold.

The community’s strength lies in its unified vision, using the GigaChad archetype as a rallying cry for innovation and market dominance. This combination of viral meme culture and solid investor base positions GIGA as a standout contender in the competitive market of Solana meme coins.

As of Dec 16, 2024, GIGA is trading at $0.0705, with a market cap of $657 million and a 24-hour trading volume of $19.9 million. The coin has experienced a 21.87% surge in the past seven days, following the announcement of new partnerships, as well as increased social media buzz. GIGA reached an all-time high of $0.08016 on December 13, showcasing its potential for sharp price movements.

The market seems optimistic about GIGA’s long-term growth potential, citing its vibrant community and the increasing popularity of meme coins on Solana.

Investing in meme coins such as GIGA carries inherent risks. Their pronounced volatility can lead to rapid price surges as well as steep corrections, leaving unprepared investors vulnerable. Additionally, the speculative nature of meme coins makes them more susceptible to market sentiment and external influences.

All in all, potential investors should approach with caution, conducting 

 and avoiding overexposure. Diversifying portfolios and understanding market trends are key to successfully navigating these high-risk investments.

With its vibrant community and strong market performance, GIGA could be a major meme coin player in the current crypto market. Users can now trade GIGA on Bybit, as the GigaChad (GIGA) Perpetual contract 

 in Bybit’s Innovation Zone, where leverage and advanced trading options allow you to maximize opportunities.

Intermediate

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GigaChad: The Alpha Meme Coin Cult

Pudgy Penguins recently announced the launch of its native token, PENGU, based on the Solana blockchain. Learn about the claim eligibility and tokenomics of PENGU.

 (NFT) collection launched in the previous crypto bull market, has since established itself as a leading NFT collection.

The project recently announced the launch of its native token, PENGU, based on the Solana blockchain. In this article, we look at who’s eligible to claim PENGU, the tokenomics of PENGU and upcoming plans of the Ethereum-based NFT collection.

 launched in July 2021, consisting of 8,888 unique and cute Penguins NFTs. Each penguin was generated from 150 hand-drawn components. It quickly carved out a name as an NFT collection known for its adorable artwork.

At the peak of the NFT mania in 2022, Pudgy Penguin #6873 sold for 400 ETH (a price tag of $640,000 at that time). As of mid-December 2024, the 

 has a total market cap of around 299,517 ETH, currently worth over $1.19 billion. Its floor price has risen by 230% in the past month, reaching 33.70 ETH, or around $133,768.

In recent years, the Pudgy brand has aggressively expanded into the physical goods space with Pudgy Toys, a line of collectible igloos, plushies and figures inspired by the NFT artwork. These toys have become a major source for revenue, generating over $10 million in sales through partnerships with major retailers like Walmart, Target and Walgreens.

Pudgy Penguins has a thriving community centered around its holders. Despite the recent NFT bear market, the Pudgy community, known as 

, has remained strong and active. The brand has a large online presence, with over 2 million followers on Instagram, 214,000 followers on X and 60,000 members on Discord. 

Pudgy Penguins’ ecosystem has since expanded beyond just its original 8,888-piece collections, and now includes the Pudgy Penguins NFT collection, 

 collections, Pudgy Toys, the Igloo clothing line and Abstract Chain, a new 

The project was originally launched in July 2021 by multiple pseudonymous founders including ColeThereum (Cole Villemain), Mr. Tubby (Clayton Patterson), Mickyj and Jonah. However, after its initial launch, the project suffered several months of underwhelming performance. Coupled with allegations that the initial founders had stolen funds meant for the project’s development, the founders were removed by the community and the project was put up for auction. After a bidding war, Pudgy Penguins was purchased by Luca Schnetzler, also known as Luca Netz, for 750 ETH in April 2022.

Netz was instrumental in expanding the Pudgy Penguins brand beyond the 

 space with toys and clothing lines. Several new members were also brought in to manage the brand, 

 Lorenzo Melendez as President, Austin as Head of Marketing, Peter Lobanov as CCO, Jennifer McGlone as CLO and Vedant as Head of Strategy. 

 the launch of a new token, PENGU, to be based on the Solana blockchain. PENGU is designed to deepen the community’s alignment with the Pudgy Penguins brand, serving as a gateway for new enthusiasts to become part of the community. The PENGU token seeks to enhance the Pudgy Penguins ecosystem by offering various use cases within the community. 

While the specific use case hasn’t been announced, it’s expected that PENGU will act as Pudgy Penguins’ 

PENGU has a total supply of 88,888,888,888 tokens and is being distributed to different stakeholders in a way that ensures long-term success for the project.

PENGU is set to officially launch on Solana in December 2024. Eligible participants have 88 days to claim the 

The PENGU token launch has quickly become the most anticipated crypto airdrop for December 2024. Once it goes live, the token is expected to be listed on several major exchanges, making the Pudgy Penguins ecosystem accessible to a much wider investor base.

PENGU tokens will be airdropped to several communities and user bases. The greatest beneficiaries will be holders of Pudgy Penguins and Lil Pudgy NFTs, who will receive 25.9% of the supply. Details on how to claim the airdrop haven’t yet been made public, but interested users can follow Pudgy Penguins’ 

One of the biggest impacts of the PENGU token announcement has been the price of Pudgy Penguins NFTs. The floor price has shot up nearly 70% since the announcement on Dec 6, 2024, reaching a high of 34.8 ETH on December 16, or over $137K. 

Several other NFT collections have also seen an increase in their floor prices, gaining over 50% in the past month, as the total market cap of the NFT sector has 

Whether this bullish momentum can be sustained or not has yet to be seen, but the PENGU token could potentially revitalize the NFT sector and bring interest back to the NFT market.

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PENGU: Dive Into Pudgy Penguins’ Upcoming Token

Bybit Puzzle Hunt is a rewards campaign in which participants collect digital puzzle pieces through trading, deposits and daily activities to win prizes.

Bybit Puzzle Hunt has arrived, transforming everyday crypto trading into an exciting treasure hunt with a huge prize pool at stake. Participants in this innovative campaign can collect digital puzzle pieces through trading activities to win guaranteed rewards.

In this guide, we'll explore the essential steps to participate in Puzzle Hunt, reveal the best strategies for collecting pieces and show you how to maximize your chances of winning valuable token rewards from the prize pool.

 is a rewards campaign in which participants collect digital puzzle pieces through trading, deposits and daily activities to win prizes from massive prize pools. This rewards campaign features different events with various prize pools for you to choose from.

There are a total of three ongoing events:

Following is a detailed breakdown of Puzzle Hunt’s operation and reward mechanics.

Users can collect puzzle pieces through platform activities, such as completing daily check-ins, making deposits and engaging in Spot trading. Each completed task rewards you with puzzle pieces. 

For trading and deposits, rewards are calculated cumulatively. In Spot trading, for example, reaching $200 in volume earns you one piece, $500 earns two pieces and $1,000 earns three. You'll receive all three pieces at once if you achieve $1,000 in trading volume right away.

When you receive duplicate puzzle pieces, you can gift them to other participants. This feature encourages collaboration, allowing users to help each other complete their puzzles faster by exchanging extra pieces they don't need.

Qualify for the lucky draw by completing three consecutive puzzle pieces in any direction (horizontal, vertical or diagonal). With a 100% win rate, every participant is guaranteed to receive rewards from the prize pool. Participants can earn up to three chances in the lucky draw, increasing their opportunity to win bigger prizes.

Complete the entire puzzle and you'll be eligible for the grand prize of 100 USDT per event. This reward is available to the first 500 participants who complete the puzzle.

All puzzle pieces are distributed randomly across different tasks. This randomization adds strategy to the hunt, as you may need to combine various activities and social exchanges to complete your puzzle efficiently.

Bybit Puzzle Hunt offers a range of attractive benefits for participants.

Bybit Puzzle Hunt creates an engaging experience that benefits both casual and active traders. The event's structure ensures that everyone has a fair chance at winning, while encouraging community interaction and regular platform engagement.

 and log into your Bybit account, or if you're new to Bybit, 

 for a free account. Then, ensure your account meets the following eligibility requirements:

: From the available coins, click on the coin’s corresponding 

: Complete daily check-ins on the platform to earn regular piece rewards.

: Make qualifying deposits to your Bybit account. Only net deposits after registration will be counted.

: Engage in Spot trading to earn additional pieces. Trading volumes are calculated cumulatively — $200 earns one piece, $500 earns two pieces and $1,000 earns three.

: Refer friends and multiply your earning opportunities through the referral program.

: Check your puzzle piece inventory for any duplicate pieces.

: Select the duplicate piece you wish to share from your collection.

: Enter your friend's Bybit UID to complete the transfer. Gifted pieces will be automatically added to your friend's collection.

: Monitor your puzzle completion progress in your account dashboard.

: Complete three consecutive pieces in any direction (horizontal, vertical or diagonal) to qualify for the lucky draw.

 regularly for distributed prizes. The 100 USDT grand prize must be claimed manually within five working days after the event concludes.

 to users from specific regions, including Canada, the United States, the United Kingdom and others. Only Main Accounts with completed Identity Verification Lv. 1 are eligible. Institutional users, Market Makers and Affiliates are not eligible for this event.

Love earning rewards while trading? Bybit Puzzle Hunt transforms your regular activities into winning opportunities. Everyone who completes three consecutive puzzle pieces is guaranteed a reward, with up to three chances to win from the random lucky draw.

For traders who enjoy gamified experiences and community interaction, Puzzle Hunt provides a fresh approach to earning rewards. Whether completing daily tasks, trading or exchanging puzzle pieces with friends, each activity brings you closer to potential prizes and the 100 USDT grand prize.

Bybit Puzzle Hunt offers a fresh take on crypto trading rewards. With a gamified approach that combines daily activities, trading and social interaction, everyone can win from huge prize pools. Whether you're an active trader or casual user, each puzzle piece collected means more chances of lucky draw prizes and the 100 USDT grand prize.

bybit puzzle hunt.png

Bybit Puzzle Hunt: Collect Puzzle Pieces & Unlock Big Rewards

Bybit Learn

Blockchain

Altcoins

Explainers

Axela is a web3 solution serving as a universal network that builds bridges between multiple blockchain ecosystems. 

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The future of web3 is strongly dependent upon the ability of transactions to be completed across multiple blockchain ecosystems. More than that, this interoperability must be secure, fast and easy. However, thus far, both developers and users have struggled with 

 complexity. While blockchains are secure networks, the segregation associated with the fractured service market comes with costly deployment challenges and increased security risks. Axelar’s web3 overlay network provides an essential solution to these issues, enabling seamless interactions across various blockchains with a single click, a feature that significantly enhances the user experience in the web3 space. 

Axelar is a programmable interoperability network that revolutionizes web3 ease of use for both developers and end users. It enables effortless interaction with any asset or application across different chains. Axela is a web3 solution serving as a universal network that builds 

 The simplified architecture of Axelar, with its routing and delivery protocols, supports secure cross-chain communication with one-click functionality.

Further, the platform’s developers have designed the Axelar network to elevate security. 

Specifically, its decentralized architecture uses a 

 In addition, traffic can be suspended if interconnected chains are deemed to be malicious or compromised, in order to quickly isolate the problem.

In the vast expanse of the internet, the concept of 

 often escapes the notice of everyday users. Yet, it stands as a cornerstone of digital commerce and communication that’s integral to enabling global interactions, such as international video calls.

As we delve into the realm of web3, we’re in a phase akin to the internet's infancy in the 1980s, characterized by the rise of innovative applications across a variety of networks, each one isolated and unable to tap into its full global market potential due to a lack of interconnectedness. 

In order to appreciate the transformative impact of Axelar, it's essential to explore the evolving narrative of cross-chain functionality and its pivotal importance for the web3 landscape.

The Axelar network is uniquely positioned to dominate the interoperability market, a feat that entails integration with an extensive array of decentralized applications (

). Currently, Axelar leads this space, boasting three times more blue-chip DeFi integrations than its closest competitors. Axelar's collaboration with leading projects spans key web3 categories.

Axelar's ascendancy in the market is largely attributed to its superior technology, particularly in terms of security and scalability. This has been widely recognized within the developer community and corroborated by independent assessments, including a notable report by the Uniswap Foundation.

Axelar functions as a tech stack with three layers. Its first is a proof of stake blockchain that uses permissionless and PoS protocols to process cross-chain requests. A cross-chain gateway protocol sits over the blockchain, through which validators monitor and process cross-chain communication using 

. The cross-chain gateway protocol includes consensus, multi-party computation and voting for on-chain event verification. 

The second layer are the gateways consisting of smart contracts that the validators read and write to execute cross-chain transactions. The final layer, over the blockchain and gateway layer, is the API and SDK layer, which lets developers easily establish DApps across chains.

When an integrated blockchain is established, it has limitless interoperability functionality. More specifically, the 

 supports applications with popular blockchains like 

Axelar is a decentralized network with several standout features that enhance the functionality of cross-chain routing, while also supporting improved user experiences. What are some of these critical elements of the Axelar network?

 is a cross-chain liquidity router built on Axelar using Axelar General Message Passing (GMP). It enables conventional bridging, as well as native-to-native swaps in one click – as well as fast finality via Squid Boost, a feature that completes cross-chain swaps in seconds. Users interact directly via a simple user interface and top wallets and DEXs including MetaMask and dYdX integrate Squid via an SDK for seamless, decentralized cross-chain swaps. Try it out at 

General Message Passing (GMP) goes beyond bridging, giving dApps the ability to securely transmit any payload, including function calls, across blockchains. This is the core of Axelar’s programmable 

. GMP enables developers to compose across multiple chains, delivering access to assets and functionality as seamless, one-click experiences for their users. Prominent NFT and GameFi projects like Decentraland are using GMP capabilities to deliver these experiences to their users. 

 further supports interoperability by making it programmable. Developers can thus set up their DApps directly on Axelar via smart contracts, instead of having to build and manage them in multiple chains. The Axelar Virtual Machine supports two new products — the Interchain Amplifier and the Interchain Maestro. While the Interchain Amplifier supports easy and seamless connections via Axelar and its supported blockchains, the Interchain Maestro allows developers to launch and manage their DApps across all interconnected chains. 

At this time, Interchain Token Service – the first product atop Interchain Maestro – is approaching mainnet launch. Interchain Token Service allows developers to easily issue and manage tokens across multiple chains with full fungibility and custom functionality. 

This section compares the Axelar network to three prominent competitors: Chainlink Cross-Chain Interoperability Protocol (CCIP), LayerZero and Wormhole.

Currently, Axelar connects 54 chains, surpassing its competitors in network reach. Its early investment in scalable architecture has enabled easy integration of new blockchains, handling over $7 billion in transactions. Competitors such as Chainlink CCIP, LayerZero and Wormhole are trailing in adding new chains, due to less scalable infrastructures.

As web3's complexity escalates, Axelar's ability for permissionless blockchain connections will become increasingly vital, allowing immediate web3 integration for new blockchain projects.

 feature will enable developers to use smart contract templates for easy blockchain integration, supported by AXL-funded validator incentives. This feature is designed to adapt to emerging technologies, such as 

, ensuring future-proof interoperability.

Axelar stands out as the only decentralized interoperability platform, a fact supported by multiple independent reports, including one from the Uniswap Foundation. This decentralization is key to avoiding the significant losses seen in centralized cross-chain hacks.

Competitors such as Chainlink CCIP, LayerZero and Wormhole rely on a proof of authority (

) model with limited validators that’s been criticized for centralization risks. Axelar, in contrast, uses delegated proof of stake (

) consensus and a dynamic validator set that’s the largest (75) in cross-chain. In addition, Axelar’s hub-and-spoke network topology model enhances safety and containment in emergencies, unlike the pairwise networks of its competitors.

Layered Security: Cross-Chain Risk Management

Axelar's security strategy includes multiple layers, as follows.

Axelar is unique in offering a programmable cross-chain platform, complete with developer tools like Axelarscan. This contrasts with the closed, non-programmable stacks of CCIP, LayerZero, and Wormhole.

Cross-Chain Programmability and Token Liquidity

Axelar's ITS (Interchain Token Service), nearing mainnet launch, allows for easy management of native tokens across chains, a feature not fully supported by solutions like LayerZero’s Omnichain Fungible Tokens.

As Ethereum evolves, Axelar's role becomes crucial in maintaining interoperability among an increasing number of blockchains. Unlike basic bridges and sequencers, Axelar can support complex cross-chain processes with smart-contract logic, ensuring a seamless user experience and reducing developer workload.

Recognized as a leader in cross-chain solutions for web3, Axelar Network is entering 2024 with an expansive 

 following its impressive advancements in 2023. The network, highly regarded for its security, scalability and programmability, is already the preferred choice of major DeFi applications, DEXs, wallets and enterprise clients. This growth trajectory positions Axelar as the definitive cross-chain platform in the web3 ecosystem.

Looking ahead to 2024, Axelar is set to bring transformative changes. Key initiatives include the launch of the Axelar Virtual Machine, which will foster chain-agnostic development through open-source tools on a decentralized cross-chain infrastructure. Additionally, the network plans to enable permissionless connections for various chains through its Interchain Amplifier, potentially connecting hundreds of blockchains within the Ethereum Layer 2 ecosystem. 

Other noteworthy developments include the introduction of Interchain Tokens that enhance fungibility and functionality across all connected chains, and a gas-burning mechanism aimed at making the network 

. Moreover, Axelar is set to integrate diverse consensus approaches from blockchains such as Solana and Stellar, and improve its cross-chain gas fee estimation services. 

These advancements underscore Axelar's commitment to maintaining its leadership in the cross-chain domain while fostering a more interconnected and efficient blockchain ecosystem.

The native token of Axelar is AXL, which supports the network's decentralized interoperability. This 

 token is used for governance, staking, paying transaction fees and liquidity providing. As a PoS network, validators also earn rewards from securing the network. Some parameters covered under governance include the base inflation rate, chain rewards, transfer rate limits and the addition of new EVM chains.

Rewards increase the total AXL token supply. This inflationary structure is designed to enhance security, stability and decentralization to maintain and grow the network over the long run. 

 compatible variation of AXL is wAXL. This token is functional on all 

-compatible chains. Note that wAXL cannot be used for providing liquidity in exchange for rewards, and has to be converted back to native AXL in order to provide liquidity.

One billion AXL tokens were issued at the genesis block. These were initially allocated with 17% to the Axelar team, 12.5% to company operations, 29.54% to backers, 5% to a community sale and 35.96% to community programs. The majority of these tokens were initially locked. AXL tokens can be staked, but not transferred or spent during the locked period. The release schedule varies for each allocation group, ranging from six months to four years. 

The Axelar network employs inflationary rewards to encourage validators to support connections with external chains. This strategy has effectively managed over $7 billion in cross-chain volume and numerous requests.

With ambitions to expand and integrate hundreds or thousands of new blockchains, the Axelar Foundation is proposing 

The proposed changes aim to enhance AXL's utility and value as the network grows. These modifications could potentially lead to a deflationary trend for AXL in response to increased network activity.

Axelar stands as a comprehensive interoperability platform, connecting various blockchains and enabling the execution of smart-contract logic across chains. The core of this functionality is the AXL token, which not only fuels the network's operations but also ensures its security. Validators on the Axelar network stake AXL tokens to participate in the PoS consensus mechanism, playing a crucial role in verifying cross-chain transactions and earning rewards for their contributions.

, Bybit offers a marketplace for Axelar’s native token, AXL. 

AXL drives the interoperability of the decentralized Axelar network and supports cross-chain requests. AXL can be purchased on major crypto exchanges, including Bybit. Before making your token purchase, you’ll need to 

 and has an easy-to-use interface that simplifies orders. 

 in collaboration with Axelar where you can win prizes by completing simple tasks from Dec 15, 2023, 12PM (UTC) through Dec 31, 2023, 12PM (UTC). In order to qualify to win, you’ll need to:

Web3 has increasingly moved into the spotlight, and continued growth in this area is rooted in the ability to improve security and functionality for cross-chain communication. Axelar is a decentralized solution that supports the interoperability of multiple ecosystems while also enhancing security and functionality. Its network is becoming a critical aspect of web3 functionality, and its dominance will grow as more developments are introduced.

Axelar (AXL): Building Interoperability for the Crypto World

Grab Up to 5,000 USDT in Rewards

Grab Up to 5,000 USDT in Rewards