In this article, we explore liquid staking protocol StakeStone's key features, the STO token launch, tokenomics and how to trade STO on Bybit.

StakeStone (STO) is a next-gen omnichain liquidity infrastructure protocol designed to optimize yield and cross-chain liquidity. Its introduction of liquid yield-bearing versions of ETH and BTC — STONE and STONEBTC — enables users to earn sustainable yield while enhancing capital efficiency. This article explores StakeStone’s architecture, core assets, founding team, tokenomics and recent market performance.

 is a decentralized liquidity infrastructure protocol that issues liquid, 

-bearing assets like STONE (Ethereum) and STONEBTC (Bitcoin). Designed for omnichain integration, it empowers users and protocols with composable 

 solutions and efficient cross-chain liquidity.

Launched in 2024, StakeStone was built to address the fragmented and capital-inefficient nature of ETH and BTC staking by introducing secure, flexible and modular primitives. StakeStone’s mission is to maximize on-chain yield while ensuring deep liquidity across ecosystems.

StakeStone was founded in 2023 by a team of DeFi-native builders led by Charles K, a crypto veteran with over 10 years of experience in centralized exchanges (CEXs), hardware wallets and DeFi infrastructure The core team includes Rose Li, Chief Strategy Officer, and Ivan K, Chief Marketing Officer.

The project has secured funding from notable crypto funds, including Polychain Capital, Binance Labs, OKX Ventures, Amber Group, HashKey Capital and Bankless Ventures. These backers not only provide capital but also strategic ecosystem access — positioning StakeStone as a serious player in omnichain liquidity and yield infrastructure.

StakeStone converts ETH and BTC into liquid, yield-bearing assets — STONE (ETH) and STONEBTC (respectively) — through a modular and omnichain framework. When ETH is staked, it flows into the StakeStone Vault and is allocated to the Strategy Pool, and STONE is minted via the Minter.

Yield is generated through strategies such as:

Users can deploy STONE across chains via the 

 (LP) rewards, with optional LP locking for enhanced returns. SBTC is the liquid BTC asset mirroring Bitcoin’s value, with STONEBTC adding a yield layer to BTC and unlocking passive income without sacrificing liquidity.

StakeStone implements key security measures, including the following:

STONE (ETH): Omnichain yield-bearing asset

 derivative. It’s minted when users stake ETH, and is backed by underlying yield from stETH, EigenLayer restaking and additional DeFi strategies.

STONE supports seamless cross-chain bridging, enabling deployment across supported networks and STONE-Fi Pools for additional rewards. Users benefit from passive yield, cross-chain utility, governance participation and on-demand liquidity.

SBTC is a liquid Bitcoin asset that mirrors BTC’s value and enables seamless use within EVM-compatible chains. STONEBTC, on the other hand, enhances SBTC by adding a yield layer, empowering users to earn yield from BTC-based strategies while preserving liquidity.

 utility by unlocking native BTC liquidity and enabling new use cases, such as cross-chain lending and borrowing, LP participation in BTC-based DeFi pools and composable integration across multichain DeFi protocols.

Together, SBTC and STONEBTC aim to position Bitcoin as an active capital layer across Ethereum and beyond.

 of StakeStone, with a total supply of 1 billion. It underpins protocol governance via OPAP proposals, voting-escrowed STO (veSTO) staking and 

Emissions are set to taper gradually until 2031, aligning incentives with long-term ecosystem growth.

According to CoinGecko, as of Apr 24, 2025, 

with a market cap of over $25 million. The token has recently shown strong momentum, rallying 85.4% over the past two weeks. Furthermore, StakeStone’s value could benefit from various catalysts, such as the rise in demand for 

 the STOUSDT Perpetual futures contract in the Innovation Zone, with up to 20x leverage.

 a Bybit account, complete identity verification and fund your 

 using crypto deposits or fiat currencies. 

Intermediate

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StakeStone (STO): Cross-chain liquid staking protocol

The MANTRA (OM) token’s wild crash on Apr 13, 2025, shocked the crypto world. Discover the causes, fallout, and what’s next in MANTRA’s road to recovery.

In the morning and daytime hours of Apr 13, 2025, the MANTRA blockchain's native token, OM, sat at a respectable market cap of $6 billion, making it the third-highest-ranked cryptocurrency in the 

 (RWA) category, the area the platform specializes in. Everything seemed like smooth sailing for the token.

Then, just after 6 PM UTC, the price of the OM token suddenly began to free-fall, declining from nearly $6 to about $0.50 in the space of just two hours.

A project that started the day as one of the top players in the RWA field was now worth 90% less as the evening approached. OM's abrupt, sharp crash immediately caught the market's attention, with speculation of a 

However, MANTRA's CEO, John Patrick Mullin, immediately sprang into action for PR damage control on social media, reassuring the public that the team members weren’t dumping OM tokens at all. Instead, MANTRA's founder and CEO alleged that deliberate actions of some 

 (CEXs) had caused the catastrophic plunge.

As of our coverage date of Apr 23, 2025, this is a developing story. In this article, we’ll establish what actually happened, who's involved and what awaits the OM token in the foreseeable future.

 decentralized network dedicated to RWA tokenization and utilization in compliance with real-world regulatory requirements.

 It features high scalability and low transaction fees. The project is one of the earliest initiatives dedicated to RWA use via blockchain technology. Originally, MANTRA debuted as a 

 (ETH) in August 2020. In October 2024, the project migrated to its own dedicated Layer 1 platform, the MANTRA Chain. The MANTRA blockchain is based on the Cosmos SDK framework, and is part of the wider 

The MANTRA ecosystem's main products include MANTRA DEX, a 

 (DEX); a digital identity (DID) management tool; a compliant token development and management solution; and a comprehensive compliance and permissioning system. MANTRA has also partnered with global powerhouses like Google Cloud, and with DAMAC Properties, one of Dubai's most prominent developers, to propel innovative solutions for 

Starting in late 2024, right after its own dedicated mainnet launch, MANTRA had become a significant player in the RWA corner of 

 (DeFi). By late February 2025, the platform’s native OM token had climbed to a value of nearly $9, with its market cap peaking at around $8.2 billion. Before the fateful events of Apr 13, 2025, OM was the third-highest-capped crypto in the RWA category, trading at $6.27, with a market cap of slightly over $6 billion, according to the CoinGecko portal.

In the evening hours (UTC time) of Apr 13, 2025, OM began to lose its value precipitously, dive-bombing from over $6 to about $0.52 in the space of two hours. The token’s market cap fell to slightly under half a billion dollars — a loss of more than 90%.

CEO John Mullin was quickly online, reassuring the crypto community that no team member had sold their OM holdings, and that this wasn’t a case of the bad ol’ rug pull. Instead, Mullin alluded that after OM tokens were moved to two leading CEXs (Binance and OKX) to use as collateral, the exchanges initiated a cascade of 

 of positions backed by the token. Both exchanges refuted the allegations, and connected OM’s price collapse to its recent unusually high price 

, and significant tokenomics changes made to OM in October 2024 that greatly undermined its value.

As a chain of liquidations took place, the token’s price started to plummet, causing significant panic that quickly led to further price drops. The situation only stabilized closer to the end of the day, with OM’s price remaining under $1. As of Apr 23, it’s trading at $0.5543 — a far cry from its rate of over $6 just two weeks ago.

After investigating, crypto analytics firm Lookonchain concluded that 17 wallets had deposited 43.6 million OM tokens (4.5% of the token's circulating supply) into the implicated exchanges. Two of these wallets are believed to belong to Laser Digital, one of MANTRA's investors. Another investor in the project, Shorooq Partners, is also suspected to be among the 17 wallets. Both Shorooq and Laser Digital have denied the allegations.

Although the price plunge was immediately compared to the 2022 collapse of the 

 (LUNA) blockchain, many analysts point out that the two crashes are fundamentally different. Terra's crash resulted from structural abnormalities in the 

 regulating UST, the project's stablecoin. In contrast, OM's fiasco is suspected to be the direct result of market-driven manipulation by 

, and possibly exchanges. No security breach, disruption to services or data, or other adverse structural events have occurred on the platform.

While this development is unprecedented for the project, MANTRA has been embroiled in other controversies throughout its history. One of these was its 

, first announced in August 2024 and then delayed multiple times. Around 50% of the wallets believed to be bots were cut off from the airdrop list. However, many considered the bot-culling process to have been conducted without much proof.

There have also been reports of vote rigging in the project's governance system in a bid to obscure MANTRA’s centralized model of profit allocation. Additionally, some analysts have accused the project of "forced bridging" to manipulate the market price. Platform users had to migrate their Ethereum-based OM tokens to MANTRA's native OM tokens via 

, which would increase gas fees and allow the project team to control the token's circulation pace.

How is MANTRA (OM) headed toward recovery?

MANTRA’s CEO rapidly reassured users that the team is now working hard to jump-start the token’s recovery. On Apr 14, 2025, Mullin unveiled plans to initiate a buyback scheme, along with the intent to burn all OM tokens held by the project team. The team's supply totals 300 million tokens, representing about 17% of the total supply.

He also denied factually incorrect assertions circulating online that the team effectively controls 90% of OM's supply. Mullin further assured the public that no large-scale selling events by investors have occurred.

As OM’s value has stayed firmly under $1, it remains to be seen how these PR efforts — as well as the planned buyback and burn — will affect the token’s future.

 as a swap pair with USDT, or on the Derivatives market as the 

Naturally, given the ongoing situation with the OM token, buying OM is at your own discretion, as right now the token is truly for the adventurous and brave at heart.

As of Apr 23, 2025, the OM token is trading at $0.5543, 93.8% lower than its ATH of $8.99 on Feb 23, 2025, and 3,138.8% higher than its ATL of $0.01726 on Oct 12, 2023.

Curiously, most crypto price prediction portals are optimistic about the OM token's long-term prospects. DigitalCoinPrice 

 of $1.81 in 2027 and $2.82 in 2030, whilePricePrediction 

It's hard to verify all the allegations flying around regarding the involvement of exchanges and key investors in the MANTRA OM incident. What matters at this stage is that the project team has been quick and proactive in injecting transparency and clarity into the situation.

The free fall in the token's price seems to be over by now. In fact, OM’s decline was over within hours of the incident. Moreover, unlike Terra's LUNA and UST coins, OM hasn't become worthless. All these factors point to potential stabilization and recovery ahead. The question now is: Will the pace and magnitude of the recovery be enough to save the project in the long term? At this early stage after the collapse, few people could answer the question with confidence. We'll eagerly await the developments over the next few weeks to see if MANTRA finds its way out of the woods. 

mantra om crypto.png

MANTRA (OM): Understanding its wild ride and road to recovery

In this article, we explore WalletConnect's features, its native token (WCT) and how you can trade WCT on Bybit Spot and Futures.​

WalletConnect is an open source bridging protocol that facilitates secure connections between digital wallets and 

 (DApps). With over 38 million unique active wallets and 57,000 supported apps, it’s getting noticed by the crypto community. In this article, we explore WalletConnect's features, its native token (WCT) and how you can trade WCT on Bybit.​

 protocol that allows users to connect their mobile wallets to DApps via QR code. This eliminates the need for browser extensions, and enhances security by keeping 

The protocol supports a wide range of wallets and DApps, making it a versatile tool for users navigating DeFi and web3.

 is essentially a decentralized infrastructure that facilitates a uniformed way for users to easily connect their crypto wallets with thousands of DApps. It operates through a network of

 that relay messages, ensuring reliable and secure connections. The network's design emphasizes scalability and resilience, catering to the growing demands of DeFi. 

When a user initiates a connection between their wallet and a DApp, WalletConnect establishes a secure session through a relay server that enables encrypted communication, allowing users to interact with DApps directly from their wallets. 

The network's architecture ensures that messages are transmitted efficiently, maintaining a seamless user experience.​

The WalletConnect ecosystem comprises various stakeholders, including node operators, wallet providers and DApp developers. Node operators play a crucial role by maintaining the network's infrastructure and relaying messages. 

To incentivize participation, the network implements a rewards mechanism whereby node operators earn WCT tokens, based on their performance and contribution. Prominent organizations like Consensys, Ledger and Figment are among the network's node operators, underscoring its robustness and reliability.​

 is the native utility and governance token of the WalletConnect network. It has a total supply of 1 billion, 

Initially, WCT is nontransferable to ensure that tokens remain within the WalletConnect ecosystem, supporting its focus on network functionality and development. Based on discussions within the community, transfers will be enabled based on community consensus and future governance decisions.

Where to buy the WalletConnect token (WCT)

 on Bybit Spot, and as a Perpetual contract with up to 75x 

. Bybit provides a secure and user-friendly platform for buying and selling WCT, allowing users to participate in the WalletConnect ecosystem. 

How to trade the WalletConnect token (WCT) on Bybit

Bybit's platform ensures efficient execution and provides various tools to assist users in their trading journey with ease.​ 

walletconnect wct.png

WalletConnect (WCT): Bridging web3 beyond wallets and DApps

Circle has launched the Circle Payments Network (CPN), a global payment solution designed to streamline cross-border transactions using stablecoins like USDC and EURC for real-time settlement. 

The S&P 500 rose 2.51% as investor confidence improved following President Trump’s support for Fed Chair Powell and hints of easing U.S.-China trade tensions, despite tempered optimism and Tesla’s earnings miss. Gold rebounds toward $3,400 as the US Dollar weakens and investor caution lingers over US-China trade and Fed concerns. Technicals suggest a possible pullback, with focus shifting to upcoming S&P Global PMI data. The Coindesk Indices, which tracks the broader crypto market, rose 7.46%, with Bitcoin and Ether up 4.68% and 7.70%, respectively, in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today's top performer is DEEP, up 122.1%, following the launch of DeepBook v3.1 on Sui, which unlocks permissionless pools, enhanced balance management, and cost-efficiency for DeFi.

DeepBook (DEEP), launched on July 12, 2023,  is Sui’s native liquidity layer, using a central limit order book to enable high-throughput, low-slippage, and low-fee trading. 

, introduces several key upgrades: permissionless pools, revamped fee mechanics, and enhanced balance management. These changes make DeepBook more accessible, composable, and cost-efficient for DeFi users. Permissionless pools allow anyone to create custom trading pairs, while the enhanced balance manager supports third-party liquidations and improves protocol stability and user experience.

Check out the latest prices, charts, and data of 

, a global payment solution designed to streamline cross-border transactions using stablecoins like USDC and EURC for real-time settlement. CPN offers faster, programmable, secure, and always-available money movement for financial institutions. It supports services like invoice payments, remittances, treasury services, and payroll payouts. Over 20 design partners, including dLocal, WorldRemit, and BVNK, are contributing to building a more efficient global payments infrastructure.

Yesterday, Bitcoin spot ETFs saw $719.2M in total inflows, with $654.1M from non-GBTC funds and $65.1M from GBTC.

 its incentivized testnet, allowing users to earn $SO tokens by testing its cross-chain lending platform. By supplying and borrowing assets across chains and completing quests, participants earn "Seeds," which will convert to $SO at TGE. Powered by LayerZero, Soul aims to unify liquidity across blockchains.

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Circle launches Circle Payments Network for faster, secure global transactions using stablecoins

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TrendX is a web3 platform that hopes to provide crypto investors with one-click trading and investment solutions. Learn more here.

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While cryptocurrency markets offer many fantastic investment opportunities, it can be hard to find the right option to invest in. TrendX hopes to make things much easier for investors. This project plans on using artificial intelligence (AI) analytics to find cryptos with a high chance of profitability. Here are some things to know before you start working with TrendX.

 platform that hopes to provide crypto investors with one-click trading and investment solutions. It uses AI and data processing analytics to assess and highlight promising investment opportunities. The TrendX platform also includes a variety of borrowing, lending and trading services.

TrendX began in 2022 as veDAO, a community-led system whose main focus was funding web3 projects through decentralized investing. Users could pool funds and vote to provide these funds to promising startups and cryptos. Over time, the evolving technology of the system became particularly adept at locating exciting investment opportunities. 

. This new name is meant to highlight the trend-tracking capabilities of the system, and to showcase the individual investment opportunities available through TrendX. The rebrand also coincided with the release of a native cryptocurrency for the TrendX system. 

TrendX believes it can remove some of the guesswork from investing while still providing users with new and exciting opportunities. The platform hopes to make investors' efforts easier and more profitable by using technology to highlight promising projects. 

TrendX's other primary goal is to decentralize and diversify the field of AI investing. Most AI crypto investment projects tend to be centralized systems, in which one company controls all the processing and lending power. TrendX's distributed computing makes the entire process more accessible. The company hopes it can put power in the hands of everyday users, so one centralized system isn’t dictating what people are purchasing.

Underneath the software that provides a simple and intuitive interface for its website, TrendX relies on a proprietary distributed computing network called 

. With Owlbot, every computer or phone that runs TrendX becomes a source of computational power. Users agree to lend their idle processing bandwidth to TrendX, and the community’s collective power is used to propel an AI system that collects investing data from an international pool of markets, processes the data and makes investment recommendations. 

 stores and protects each sensitive user connection and data collection point, so users can be confident that working with TrendX won’t leave them vulnerable to hackers or scams. Furthermore, the website uses some standard software tools, such as “verification successful” waiting and 

, to help its interface run as smoothly and securely as possible.

TrendX's shared computing connections and AI processing can be used for all sorts of 

 (DeFi) services. Following are the key features that the ecosystem offers.

Web3AI is TrendX's main trend-tracking system. It checks up repeatedly on tens of thousands of projects and crypto influencers, and looks at daily sentiment, social media activity and pricing trends to find the most promising projects to invest in. After performing due diligence, the system provides helpful metrics on various parameters, such as public opinion, number of fans and venture capitalist funding.

The KOL Square feature tracks key opinion leaders within the web3 space. By monitoring sentiment from major thought leaders, it allows users to see which cryptos are gaining in popularity. The feature includes helpful operational efficiency filters that let you select specific tags and projects for more details. 

For those who want to improve their cash flow without spending a lot of time tinkering with tools, TrendX offers Alpha Square, a service that starts with the same analytics as other features but then creates refined market strategies. These strategies are carefully market-tested before being offered to users. So far, they’ve been proven to provide 

Smart Money is a security-prioritizing version of trend tracking. It uses safety checks to help protect users from 

. The Smart Money system also closely analyzes parameters such as the number of wallets holding specific amounts of project tokens, so users can receive early warning when trends begin to shift. 

Web3 Project Search is all about exploring projects based on your connection with them. This investment research tool encourages users to filter and sort based on details such as sentiment indicators, project type and associations with specific influencers. The Project Search tool tracks over 22,000 different projects, making it easy to find an option that suits your unique parameters. 

This VIP service offers additional features to users who are willing to pay for extended access to the platform's AI services. Users who hold and stake TTA (more on this native token below) receive more real-time tracking, and wait shorter times for “verification successful.” Users with even greater privileges also get personalized recommendations and more access to project details. 

This built-in blockchain technology makes it easier to safely handle transactions and data for people within the TrendX ecosystem. It stores information for AI modeling training, and the decentralized system also ensures security for private user details, such as Ray ID.

In the few years since its founding, TrendX has developed many exciting technologies and attracted a robust community. Its recent rebrand and token launch have also helped its platform to grow and improve its cash flow. The next project that TrendX hopes to tackle is that of extending its technology to include additional features, such as improved security and enhanced trading features. 

, TrendX will be releasing a high-speed aggregated DEX with which users can buy and sell crypto. It also plans on exploring ways to take advantage of 

 and improved memory storage. By the fall of 2025, TrendX hopes to have an 

 fully tailored to offer individualized web3 investment advice. 

TrendX's cryptocurrency is more than just a simple investment opportunity released to attract funding. Instead, it features a complex 

 that’s deeply integrated into the platform's everyday functioning. 

Here's what you need to know about the TrendX dual token system.

. It’s used to manage application programming interfaces (APIs) and ad spaces, and to process fees. Users pay in TTA to cover transaction fees when swapping tokens, and when subscribing to premier investment strategies.

XTTA is the computing power token on the TrendX platform. When people provide their computing power to TrendX, they receive XTTA as a reward. XTTA can be mined through the Owlbot computing power system, or purchased directly to upgrade a user's chosen part of the Owlbot AI processing system without requiring them to give up computer processing power. 

As it launches its dual token system in 2025, TrendX is working hard to reward its community and promote its tokens. 

 have rewarded users for participating in the DAO to get more tokens. Now, in 2025, the main TrendX airdrop is about giving individual users tokens in exchange for social media activity, with 

 for it. Users can increase their portion of TTA by following TrendX on X or reposting TrendX posts. 

 and connecting your wallet to the airdrop. 

As the main token for paying fees on the TrendX network, TTA is an essential part of running the entire TrendX system. With a total supply of 1 billion tokens, it’s built on the Ethereum 

 scaling system, Basechain. These tokens are distributed according to the following schedule:

Though TTA tokens are just starting to hit pre-market listings, there’s already quite a bit of interest in them. Some predictions for TTA prices have focused on XTTA’s price. However, keep in mind that while XTTA is selling for $0.25, it does have a much 

 than TTA. Taking into account the fact that XTTA has about half the tokens that TTA does, it's possible that TTA may debut at around $0.10. 

Another useful metric to look at when considering TTA’s price is the crypto market as a whole. Usually, pricing patterns for new coins start with a brief jump, and prices then start to stabilize according to current market trends. Many crypto investors 

, with some quick increases in prices for summer 2025. If this occurs, TTA prices may look quite promising.

The TTA token is an intriguing option for investors. There’s been a lot of interest in the TrendX system, and so far, the company has been doing its due diligence to support and market the TTA token. This backing by a reputable company indicates that its token could perform well in open markets.

However, TrendX's dual token system could lead to some confusion. It's possible investors might only rally behind one coin, or that TTA and XTTA token prices could be tied a little too closely together. Therefore, investors need to retain some caution when working with this new token launch. Remember to account for market volatility, and don’t invest money you can’t afford to lose in TTA or any other crypto.

While TrendX began as a simple investing DAO, over time its impressive technology has helped it win over a larger audience. People looking for high levels of security, profitability and convenience may find that TrendX works well for their investment needs. 

Even if you aren't interested in AI and operational efficiency, check out TrendX's TTA and XTTA tokens. As the project expands, its cryptocurrencies may offer some exciting price growth.

TrendX (TTA): Identifying Investment Opportunities With AI-Powered Analytics

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