In our latest Learn 101 livestream, experts reviewed 2024’s key events, lessons learned, and insights to help you prepare for 2025’s crypto landscape.

The past year in the crypto market has been an exciting one, with striking movement and major events. Anticipation for the 2025 crypto market is high — but will it soar to the moon or explode? Here, we take a look at what 2025 holds.

, we take a step back to look at Bybit’s achievements in 2024 and the crypto market as a whole, and analyze some of the key takeaways to be applied in 2025.

, provides a recap of our Learn 101 livestreams, offering you comprehensive expertise and insights from leading figures in the crypto industry in case you miss the livestream.

Joining the livestream on Dec 24, 2024, were two distinguished guests from Bybit: Joan Han, Head of Marketing and Card, and Maxim Orlov, VIP Team Lead. Under the moderation of Sabrina Chua, Crypto Evangelist and SEO Editor at Bybit, this episode explores the theme of 2025,

Crypto’s Wild Ride: Biggest Trends and Lessons from 2024

In 2024, Bybit experienced a significant surge in new users, a trend that Joan Han attributes to several key developments. The most notable was the impact of Donald Trump’s U.S. presidential election win, which drove interest in crypto as prices reacted positively. Additionally, the institutionalization of cryptocurrency and the 

 played pivotal roles in attracting new traders and investors to the market. These factors combined to fuel price growth and activity, with monthly active crypto wallets increasing by an impressive 247% between January and December 2024.

Maxim Orlov emphasizes the transformative impact of ETFs on the crypto landscape. By normalizing crypto as a legitimate investment vehicle, ETFs are encouraging adoption among users who had previously stayed out of the market. This shift has been particularly evident in Bitcoin’s net inflows, which have outpaced those of other cryptocurrencies.

Han highlights how retail investors, already familiar with traditional ETFs, are being drawn to crypto ETFs. Packaging crypto assets in a familiar structure has inspired a wave of new interest, bringing the total value of crypto assets to over $44 billion to date. She also points out that increasing legislation and a growing comfort with the crypto market have further driven its adoption. Looking ahead, Han expects even greater growth in 2025 with the implementation of further regulations.

Maxim Orlov agrees, noting that recent regulatory developments have been a game-changer for the industry. He believes these measures are paving the way for widespread adoption, providing the foundation for sustained growth.

Bitcoin in particular has benefited from this evolving landscape. Han explains that confidence in Bitcoin has surged largely due to the influence of ETFs. While the market for altcoins has also grown, their progress has been comparatively slower. She predicts that Bitcoin will continue to dominate in the near term, but acknowledges the potential for an active altcoin season, which typically follows a Bitcoin rally. Among the fastest-growing altcoins are Hedera (HBAR), Bitget Token (BGB), XRP and Stellar (XLM). However, Han stresses that altcoins require fresh marketing strategies to sustain their growth.

Orlov echoes the importance of marketing, particularly for 

. He notes that growth in this sector depends upon how well projects can capture user interest. While meme coins remain a prominent trend, he suggests that the next big wave could emerge in 

Han also touches on the geopolitical dimension of crypto adoption. Trump’s suggestion of creating a strategic Bitcoin reserve has sparked interest from other nations, potentially driving further price growth. While Bitcoin has been sluggish during the holiday season, Han expects a renewed rally once the season concludes.

Biggest Wins, Boldest Moves: Bybit’s 2024 Highlights

Bybit has solidified its position as a global crypto leader, achieving remarkable milestones in 2024. With over 60 million users worldwide, the platform now boasts an average daily trading volume exceeding $100 billion. Bybit ranks as the second-largest crypto exchange by global trading volume, further cementing its status as a key player in the industry. Notably, Bybit made headlines by launching 

 has also seen tremendous growth, and is now available in Argentina, Brazil, the Netherlands, Europe and Australia, with over 1 million users enjoying its benefits. This expansion highlights Bybit's commitment to enhancing user experience and accessibility.

Orlov highlights crypto’s mainstream acceptance, noting that it’s no longer a niche interest. “Everywhere I go, people are aware of crypto, or at least of Bitcoin,” he says. Bybit’s success lies in its continual efforts to improve its products and platforms, building on the trust it’s cultivated among its users. Han emphasizes that this assurance stems from Bybit’s user-focused approach, including 

Bybit has also expanded its trading options to meet user demand. Investors now have access to 

, thanks to the introduction of multi-asset trading. According to Orlov, this feature was launched in response to users’ direct requests, demonstrating Bybit’s adaptability to investor needs. Han points out that the Bybit Card enhances user experience with attractive rewards, including higher returns and cashback.

As a standout offering, bbSOL represents a significant milestone. The first exchange-backed LST, it delivers competitive APY with rewards that can be redeemed anytime. This makes liquid staking on Solana not only accessible, but also highly rewarding for Bybit users.

Retail investors must consistently dedicate time to identifying emerging trends in the ever-evolving crypto market. Fortunately, a wealth of information is readily available for users to explore. Orlov emphasizes the importance of diversification as a key strategy to safeguard assets. He also highlights a growing trend in adoption, driven by user-friendly products and the appeal of crypto assets that are simple for new investors to understand.

Looking ahead to 2025, Orlov advises closely monitoring both the crypto market and individual assets if an altcoin season arises. Bybit offers a wide variety of altcoins, each carefully vetted by the platform’s team. This rigorous research ensures that the altcoins listed on Bybit may present suitable investment opportunities for users seeking diversification.

Both Orlov and Han are optimistic about the year ahead for crypto and Bybit. Han predicts a surge in the number of new users entering the market, drawn by increasing accessibility and innovative products. Meanwhile, Orlov envisions an ongoing crypto revolution as the market continues to grow and mature.

This session of the Learn 101 livestream has provided valuable insights into what lies ahead for 2025 — whether it’s to be "Moon or Mayhem." As the crypto landscape evolves, staying informed is your best strategy for navigating the market. 

Intermediate

Bybit Learn Livestream 2025: Moon or Mayhem?

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Learn Live ICYMI: 2024 Crypto Market Recap & 2025 Predictions

The inaugural Solana AI hackathon, organized by SendAI, saw over 400 projects compete, focusing on AI agents and their applications in crypto.

Daily Top Performer — Secret Network (SCRT)

On Friday, the S&P fell sharply as all major industry groups faced losses, driven by rising Treasury yields and the Fed's indication of fewer interest rate cuts in 2025. Coindesk Indices, an index measuring broader cryptocurrency market performance was down by 1.04%, with Bitcoin dropping by 0.10% and Ether rising by 1.73%, in the past 24 hours.

Today's top performer is SCRT, which surged 2.25% following the launch of Claive AI by Secret Network, offering secure, decentralized AI services.

Secret Network (SCRT), launched in February 2020, is a privacy-focused blockchain using encrypted smart contracts to safeguard user data. 

, a decentralized platform for secure AI services using blockchain and confidential computing. It ensures data privacy through trusted execution environments (TEEs) and Nvidia GPUs. Developers can integrate AI services via an open-source SDK, while workers stake SCRT tokens to participate. Initially focused on large language model inference, Claive AI aims to address privacy concerns and empower users and developers.

Check Out the Latest Prices, Charts, and Data of 

, organized by SendAI, saw over 400 projects compete, focusing on AI agents and their applications in crypto. With AI agents gaining traction, some projects, like FXN, already have tokens with market caps reaching millions. The hackathon's entrants are focused on developing intelligent interfaces for the Solana ecosystem, with a strong emphasis on AI agents for on-chain trading and DeFi. The winning projects will be announced on January 10, 2025. The success of these AI agents highlights their growing importance in crypto and DeFi innovation.

Between December 23-27, 2024, the Bitcoin Spot ETF experienced a net outflow of $377.6M, with $58.9M from GBTC and $318.7M from Non-GBTC funds. The current cumulative totals are -$21.352B for GBTC, $57.008B for Non-GBTC, and a net of $35.656B.

 is a tokenized real-world asset (RWA) project that raised $13.75M in funding. It is offering a free airdrop through its Telegram bot, where users can earn GM Points daily by completing simple tasks like tapping, following on social media, and more. Users need to connect their Ton wallet to participate.

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Solana AI Hackathon Sparks Innovation in Crypto with 400+ Projects and Million-Dollar Tokens

BIO protocol aims to create a robust on-chain economy of BioDAOs — decentralized communities that fund and develop scientific innovations.

Traditional approaches to scientific research and biotechnology funding are often plagued by inefficiencies, centralization and lack of transparency. Enter 

, a groundbreaking initiative designed to revolutionize the way science is conducted, funded and owned. Operating as a curation and liquidity protocol within the 

(DeSci) sector, BIO empowers global communities of patients, scientists and biotech professionals to collectively fund and own tokenized biotech projects and intellectual property (IP).

BIO builds upon the successes of initiatives such as 

, a platform for tokenizing early-stage biomedicine, and 

, the largest decentralized community dedicated to longevity science. By introducing a new financial layer for science, the BIO protocol aims to create a robust on-chain economy of BioDAOs — decentralized communities that fund and develop scientific innovations. Through decentralized funding, incentives and liquidity, BIO bridges the gap between capital on the one hand and groundbreaking scientific research on the other.

This article delves into the DeSci sector, introduces BIO, explores its founding team and explains the role of BioDAOs in transforming the biotech space. We’ll also examine how BIO works, the utility and tokenomics of the BIO token and the protocol’s ambitious road map for the future.

DeSci represents a transformative approach to scientific research, leveraging the power of 

 to create a more transparent, community-driven and incentivized ecosystem for innovation and collaboration. By integrating decentralized mechanisms like tokens, 

 (DAOs), DeSci seeks to democratize scientific discovery, making it more accessible and efficient.

One of DeSci's core missions is to tackle the "valley of death" — the critical gap between early-stage research and its successful application in real-world innovations. Traditional science often struggles with inefficient funding, opaque peer-review processes, limited data sharing and restrictive publishing norms. DeSci addresses these challenges by promoting open collaboration, equitable funding models and transparent knowledge dissemination.

On decentralized platforms, researchers can publish their work directly, bypassing traditional gatekeepers and enabling broader access to scientific knowledge. Incentive structures, such as token rewards and reputation systems, encourage reproducibility and collaboration, ensuring more reliable and impactful scientific outcomes. Additionally, DeSci leverages blockchain’s immutability to maintain the integrity of scientific records, fostering trust in research outputs.

The future of DeSci holds immense potential, and it's still in its infancy. By aligning economic incentives with scientific progress, DeSci could reshape the way research is conducted, creating systems that prioritize innovation over profit. While challenges remain, particularly in gaining acceptance from traditional academia and industry giants, DeSci offers a compelling vision for decentralized, equitable and transparent scientific progress.

 is a groundbreaking financial framework designed to improve the way DeSci operates. By providing a seamless flow of capital and talent into on-chain scientific ecosystems, it serves as the foundation for building, funding and commercializing scientific innovation through BioDAOs.

At its core, BIO catalyzes the development of an on-chain economy for scientific research. It creates efficient markets for intellectual property generated by BioDAOs while ensuring perpetual funding and liquidity for their operations. The protocol also standardizes all frameworks, tokenomics and data systems, making it easier for scientific communities to scale their initiatives.

BIO is led by a team of innovators. Its founder and CEO, 

, brings expertise from co-founding Molecule, a platform pioneering the tokenization of biomedical research. His vision centers on transforming traditional funding models to accelerate scientific breakthroughs.

, co-founder and CPO, drives the “product,” leveraging his extensive biotech experience. The team also includes 

 heading the R&D team, and Jose Pinto overseeing legal and compliance strategies. Leonard Boltz, a core contributor, plays a pivotal role in product design.

The rest of the team can be found on the 

 for both community and shareholders to vote on proposals intended to improve the protocol. Together, they’re building an ecosystem with the goal of empowering the entire scientific community in a decentralized way, fostering perpetual funding for scientific research and creating efficient markets for intellectual property. 

BioDAOs, or biological decentralized autonomous organizations, are 

 focused on scientific and medical research. They unite diverse stakeholders — patients, scientists and biotech innovators — around a shared mission to accelerate R&D and create new IP. By pooling resources such as capital, data and expertise, BioDAOs streamline innovation, reduce costs and shorten the time to commercialization.

Operating with on-chain frameworks such as Molecule, BioDAOs raise funds through token sales, and manage treasuries to back biotech projects. The generated IP is shared among members, ensuring collective ownership and incentives. Revenue from IP and/or product sales is reinvested into new R&D, creating a perpetual cycle of innovation.

By combining open access, shared IP ownership and capital efficiency, BioDAOs are reshaping the funding and development of science, making groundbreaking research more accessible and impactful.

The BIO protocol uses a decentralized network, combining community-driven curation, funding and liquidity with incentives and governance mechanisms. 

 supports selected BioDAOs with funding, token liquidity and community-driven accelerator services. Staking BIO tokens on BioDAO applicants offers rewards, as well as early access to funding rounds and IP asset investments, fostering a thriving ecosystem of innovative science. 

The BIO token powers the governance and growth of the BIO protocol’s ecosystem, enabling holders to actively shape the protocol’s trajectory.

The BIO treasury grows through the following mechanisms:

: Uncapped, subject to governance votes for future minting.

: BIO inflation supports secondary market liquidity, and scales in accordance with network growth. Inflation specifics are determined via governance. This balanced structure aligns incentives across contributors, investors and the larger community, ensuring long-term growth.

BIO has allocated 3% of its total token supply to over 8,500 eligible addresses. The airdrop snapshot for eligibility was taken on Apr 1, 2024.

: Included participants in BioDAO auctions, holders of iBoDAO tokens, liquidity providers, Gitcoin donors and active contributors to BioDAO communities.

: Eligible users claim vested BIO (vBIO), redeemable for $BIO. Tokens remain non-transferable until governance votes to unlock them.

: Total airdrop amounted to 99.4 million BIO, fully vested upon claim.

Additionally, 1% of the total supply was airdropped to early contributors of the BIO ecosystem, with a 1-year cliff and a 6-year vesting schedule.

BIO is bridging the gap between capital, innovation and community ownership. By empowering the DeSci sector, the BIO protocol creates efficient markets for scientific IP and fosters perpetual funding for BioDAOs. BIO is well-positioned to reshape the future of biotech research.

The BIO protocol's road map showcases its ambitious vision for revolutionizing DeSci:

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BIO Protocol: Revolutionizing Decentralized Science

Fluid is a decentralized financial protocol that focuses on lending and liquidity. Learn more about how this works in this article.

 provides all sorts of exciting opportunities for users. By getting rid of middlemen and institutional policies, DeFi creates a more accessible, flexible space for people to explore the world of finance. Fluid is a new DeFi protocol that hopes to provide these perks and more to its customers. Can Fluid's user friendly interface and highly capital efficient crypto trading system distinguish it from all the other startups in the 

 space? Keep reading for a deep dive into Fluid's design and its FLUID cryptocurrency’s potential. 

 is a decentralized financial protocol that focuses on lending and liquidity. This system also includes a 

 mechanisms and other exciting features. Fluid prides itself on being one of the most flexible, secure and advanced DeFi lending protocols around.

 in 2019. Originally studying to be accountants, the brothers dropped out of college, winning the ETHIndia hackathon. They specialize in creating "middleware" that connects users with the exciting features of 

, the Jain brothers were able to expand their ecosystem until it became the fourth-largest DeFi system by 

. A somewhat new addition to the Instadapp ecosystem, Fluid was released in late 2023. It was inspired by the Jains’ experience building on other systems, such as 

, and is meant to be their own custom version of these DeFi protocols.

Fluid hopes to combine the best of multiple DeFi protocols into a single system. It ambitiously aspires to become the most advanced, secure, flexible and capital efficient option in the 

 space. When designing the system, Fluid's creators focused on optimizing 

 (AMM) liquidity, reducing gas trading fees and providing accurate risk assessment. They hope that combining so many excellent features into one system will help them maintain their competitive edge in the DeFi space. 

While Fluid does provide a lot of cutting-edge features, it also aims to maintain the accessibility for which the Instadapp ecosystem is known. Fluid’s system aims to provide a user-friendly interface that traders can grasp in a few clicks. Like Instadapp's other products, Fluid prioritizes user satisfaction and intends to offer services that multiple DeFi traders have asked for.

The Fluid protocol runs on a complex blend of 

 and software. It uses traditional coding methods to handle many of its user interfaces, while tools from 

 and other blockchains help to manage the back-end functions. Key mechanics that Fluid uses to keep its system working smoothly include the following.

Fluid contains a broad range of different services for users to try. Following are the main features available through the Fluid website and app. 

 found in other DeFi systems. They consist of pairs of tokens, such as ETH and USDT. Each vault offers both a supply rate and a borrow rate, so users can join a vault to either lend or borrow money. Each vault uses enhanced capital efficiency and innovative liquidation mechanisms to streamline token transfer without impacting market prices. 

With Fluid, users can temporarily lend their tokens to others. The system supports a variety of tokens, and allows yields of up to 1.5 times your initial investment. Fluid's lending system is set up to ensure that lenders continue to earn staking rewards, delegation power and voting power associated with their tokens, even while they're locked in a lending contract. Traders start by connecting their wallets, and can begin lending almost instantly.

Fluid's borrowing protocol requires users to place a small amount of tokens as smart collateral in exchange for temporarily borrowing funds. Its fairly high collateral ratio lets people borrow up to 95% against their initial collateral. Additionally, it boasts low liquidation penalties of just 0.1%, so users don't have to worry about losing all of their smart collateral the moment that market trends shift.

Since its deployment in late 2023, Fluid has grown to become the third-largest DEX on Ethereum by volume. So far, advancement for Fluid has focused on expanding its pools to provide more lending and crypto trading options for users, and upgrading its vaults to support more assets. However, Fluid has big plans for the future. 

Like other protocols on Instadapp, Fluid is an entirely community-run project. 

 show that most members of Instadapp's governing body are thinking about long-term growth for Fluid. Users hope to rebrand Fluid as a standalone project, with its own definitive token. They also hope to add further protocols to support market orders, such as 

, interest rate swaps and forex trading. 

FLUID is the native token of the entire Instadapp system. Initially called INST, this token was 

 in order to highlight its pivotal role in running the Fluid DeFi protocol. As a utility and 

, FLUID is responsible for everything from managing governance body votes to paying fees. Just as with INST, FLUID has a total token supply of 100 million. However, the rebranding of INST did involve slightly adjusting its distribution schedule. The new distribution for the FLUID token will be as follows:

Since its release in 2021, prices for the FLUID token have primarily ranged from $0.05–$2. However, the announcement of the token rebrand propelled its value to $9 in early December 2024, and people expect its price will continue to rise as news about Fluid’s DEX is released.CoinCodex 

 that FLUID’s price will more than double to reach $22 within a month. However, once the initial excitement begins to fade, its price may drop slightly. CoinCodex suggests that the FLUID token’s price will return to a more stable price of around $13 by the summer of 2025. 

Looking to trade the FLUID token? Bybit now offers the FLUID/USDT Spot trading pair. To get started, you’ll first need to create a Bybit account, then fund it with cryptocurrency and navigate to the 

To celebrate this listing, Bybit is holding 

 where you can earn a share of the 70,000 FLUID prize pool.

FLUID is certainly an intriguing option that combines the reliability of a long-term token with the excitement of a new launch. While its price might not stay high forever, it’s unlikely to drop drastically any time soon. This means there’s a strong potential for making money from FLUID. 

For most investors, the challenge of working with FLUID will be to time their purchases. Though you may lose money if you purchase at the peak of the Fluid DEX hype, buying at any other time could result in either short- or long-term profit. If you want to avoid the dangers of market volatility, you need to 

 and remember to keep your portfolio diverse. 

Fluid’s DeFi protocol provides valuable services to investors looking for an easy way to borrow, lend and/or trade crypto. While Fluid's parent company, Instadapp, has been around for a while, the Fluid project is just getting started. In the few months since its launch, Fluid has rapidly increased its services and attracted users from around the Web. As its system continues to evolve, users can expect more exciting news ahead.

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Fluid (FLUID): Utilizing Debt and Collateral as Liquidity

Bybit Learn

DeFi

Explainers

Altcoins

QuickSwap (QUICK) is a multi-chain DEX that offers token swaps, liquidity mining, staking and perpetual swaps at low fees and fast speeds.

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 (DeFi) continues to unfold, new opportunities such as

 is one of the most innovative DEXs to hit the DeFi movement. However, since it’s built on the Ethereum blockchain, users often experience high gas fees and reduced transaction speed due to congestion on the network.

 of Uniswap, QuickSwap uses a similar liquidity pool model. However, it’s built on the Polygon network, which offers faster transaction speeds at lower fees.

So, how does QuickSwap work? Is it better than Uniswap? What makes it so popular?

QuickSwap is a comprehensive DEX that’s deployed on various top blockchains. Its users can swap tokens, provide liquidity, 

, and trade perpetual swaps quickly and at low transaction fees. 

Launched in October 2021, QuickSwap hosts the DragonFi ecosystem, built to solve the challenges of high costs and slow transaction speeds. QuickSwap aims to provide the crypto world with a suite of products beyond DeFi, including bonds, a perpetual DEX and a gaming hub.

Initially, QuickSwap was deployed on the Polygon blockchain, and is still the leading DEX in the Polygon network. However, QuickSwap has expanded to support six more blockchains: 

, Immutable zkEVM, Astar zkEVM and X Layer. Furthermore, in order to enhance usability and accessibility QuickSwap supports most of the top 

As a top DeFi player, QuickSwap features a liquidity hub on top of its 

 (AMM), enabling users to tap into external liquidity sources to facilitate seamless swaps. To further enhance its operations, QuickSwap integrated V3 active and concentrated liquidity management on the platform in 2023, ensuring improved capital efficiency for liquidity providers.

The native token for QuickSwap, QUICK, helps power the DragonFi ecosystem. However, in 2022, after the platform’s integration with Dogechain, the DD token was introduced to reward liquidity miners and to support fun activities related to QuickSwap on the blockchain.

QuickSwap is designed to offer a comprehensive suite of DeFi products to various ecosystem participants, including 

, traders and developers. It looks and feels similar to UniSwap, and operates an off-chain governance model. QuickSwap’s distinctive features include the following.

Liquidity provision is a critical component of the QuickSwap ecosystem, since it facilitates the seamless swapping of 

 in its vibrant liquidity hub. Liquidity providers can create liquidity pools and begin collecting transaction fees on QuickSwap, earning 0.25% of the fees generated on trades based on one's share in the pool.

In 2023, QuickSwap switched from its V2 liquidity provision model to V3. Unlike V2, V3 allows liquidity providers on QuickSwap to set a specific price range (narrow and wide) when depositing their LP tokens into a pool, ensuring greater depth and better capital efficiency.

 to provide all of its liquidity providers with V3 active liquidity management. With this feature, providers don't have to manually adjust their positions if they fall outside the set price range. Instead, Gamma's innovative technology automatically rebalances the range to ensure the liquidity provider earns the highest possible rewards. Additionally, Gamma auto-compounds the provider's rewards, offering a hassle-free, autopilot approach to liquidity provision.

Liquidity Provision and Yield Farming on QuickSwap

QuickSwap offers farms for V2 and V3 liquidity providers, who can deposit their assets to earn additional rewards on select tokens as part of its liquidity provision strategy. Currently, there are two farms on QuickSwap: Gamma Farms and Unipilot Farms.

With Gamma farms, those who have deposited their tokens in Gamma v3 pools powered by the Polygon mainnet and Polygon zkEVM can receive extra farming rewards, in addition to the trading fees they earn for acting as liquidity providers. Alternatively, providers can farm through Unipilot’s UI for additional rewards, which is only available for pools running on Dogechain.

Bonds are also a channel to deepen liquidity on QuickSwap while allowing liquidity providers in QuickSwap’s pools to earn returns on their positions creatively and effectively. Bonds enable projects to sell tokens to users at discounted rates by vesting NFTs. Users who have LP tokens can buy these bonds and receive the NFTs that represent the share of their position in the pool. Since they’re purchased on discount, these bonds can potentially give users a positive return on their investment. Please 

 that this feature is only available on the Polygon mainnet network.

One of the most popular features of QuickSwap is its single-staking product known as 

. Users who want to hold QUICK tokens and provide liquidity for a long period on QuickSwap can stake their tokens in the Dragon’s Lair.

This option provides a safe and easy way to earn rewards on QUICK tokens without the risk of

, which is common with providing liquidity.

By staking QUICK tokens in the Dragon’s Lair, you can earn dQUICK tokens as rewards, and further earn a share of 0.04% of all trading fees on QuickSwap indefinitely.

Users can also earn passive income by staking QUICK tokens in Dragon’s Syrup pools, which feature a finite number of rewards in participating tokens that expire once the limit is depleted. As most Dragon’s Syrup pools have run out of rewards for Old QUICK tokens, they currently accept only New QUICK tokens (more on New QUICK tokens later).

Although there’s a small transaction fee of 0.3%, QuickSwap can exchange ERC-20 tokens quickly and at near-zero gas fees. The swap-generated fees are paid out to the liquidity providers. Since 

 isn’t necessary, users need only to have MATIC in their wallets to perform the swap. Hence, QuickSwap leverages smart contracts to offer a permissionless way to exchange tokens with a simple and user-friendly layout, similar to Uniswap. 

 is also available on QuickSwap. QuickSwap offers two decentralized perpetual DEXs, 

Falkor is an orderbook model DEX built on 

 that offers zero gas fees and near-instant transactions. On Falkor, users can deposit funds into a “vault” from the Polygon 

 network to trade with up to 50x leverage and enjoy many other advanced features, such as simple 

. Bridging isn’t required when depositing from Polygon PoS to Orderly Network, allowing for seamless fund transfers, faster trading and a smoother user experience without the need for additional steps or delays.

Hydra is available on the Polygon zkEVM blockchain, where users can execute leveraged trading at extremely low fees. Launched in 2023, the perpetual trading product was initially known as QuickPerps, which allowed trading of 

 with leverage of up to 50x, and also provided liquidity into QLP pools to earn rewards.

In July 2024, QuickPerps rebranded to QuickPerps Hydra, an upgrade of the original V2 with more advanced features and negligible gas fees. Some of these features include:

There are two tokens associated with the QuickSwap ecosystem, QUICK and DD. Let’s take a deeper look at the two.

QUICK, the native token for QuickSwap, is critical for powering the DragonFi ecosystem. The QUICK token was launched in 2021, but its community approved a proposal for a 1:1,000 token split in March 2022. This led to the creation of the New QUICK token in April 2022. The Old QUICK token has no utility on the platform, but users can convert it into New QUICK using the 

QUICK has a maximum supply of 1 billion tokens and a current circulating supply of 728,512,543. It’s community-governed and was fair-launched without a pre-sale, seed round or private round. Of its total supply, 96.75% is set aside for the community.

QUICK is utility-enabled and has various uses on QuickSwap. The token is key in powering the protocol's liquidity mining program, and is used to incentivize liquidity providers to lock their assets in the trading pools to receive the token as rewards. QUICK token holders can also stake their tokens in the Dragon's Lair to receive QUICK tokens as rewards. In addition, QUICK functions as a 

, empowering QUICK token holders with the right to vote on major protocol decisions regarding the future of QuickSwap.

Doge Dragon (DD) is a new token created in 2022 following the integration of Dogechain on QuickSwap. It’s used as a reward for liquidity miners of QuickSwap on DogeChain and those who participate in other activities related to the platform. 

DD was designed as an experimental meme coin version of QUICK, and shares similar tokenomics. DD’s distribution is as follows:

You can buy QUICK on Bybit Derivatives, where it’s available as a 

 Perpetual contract with leverage of up to 12.5x. It can also be traded through 

, such as Futures Grid, Futures Martingale and Futures Combo. Trading QUICK on Bybit is transparent and secure, and features a user-friendly interface backed by 24/7 multilingual customer support.

As of Sep 19, 2024, QUICK's price was $0.049, a 78.9% drop from its all-time high (ATH) of $0.23 on May 5, 2022, and a 631.6% increase from its ATL of $0.0066 on Sep 4, 2022.

Price prediction experts are relatively bullish on QUICK’s future price. According to price forecasting experts at DigitalCoinPrice, QUICK 

 a maximum price of $0.13 in 2025 and gradually rise to $0.36 by 2030. Meanwhile, experts at CoinCodex 

 QUICK could reach $0.23 in 2025 and drop slightly to $0.20.

That said, these price forecasts aren’t financial advice and they don’t guarantee the future price of QUICK. We highly recommend you 

 before investing in QuickSwap or any other 

For many users, QuickSwap is stepping up as an alternative to Uniswap. It’s quick, affordable and compatible with Ethereum. QuickSwap users can perform faster and cheaper transactions on the Polygon network, and enjoy the secure audited code of Uniswap. They can also easily bridge between Polygon and Ethereum in order to swap ERC-20 tokens on QuickSwap without having to pay Ethereum’s high gas fees.

QuickSwap provides a comprehensive DeFi platform for crypto enthusiasts. With its vibrant liquidity hub and incentivized liquidity mining, traders and token holders can transact quickly and affordably. Furthermore, its expansion to include six more blockchains increases its accessibility.

QuickSwap’s suite of products — including token swaps, liquidity mining, decentralized perps trading and incentivized staking on Dragon's Lair — provides enhanced utility for the QUICK token, making it a cryptocurrency to watch in the DeFi niche.

What Is QuickSwap (QUICK): All-in-One DeFi Platform Across Multiple Chains

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