For over a decade, Bitcoin has been crypto’s apex asset, widely held, rarely moved.... just sits there. Hmm but its digital gold bro?! Digital gold, yes but try doing anything useful with it in DeFi and suddenly you're back in the Stone Age.



No smart contracts, no yield, no composability. Just vibes.

Main problem is baked in. $BTC wasn’t built for DeFi. But DeFi desperately wanted $BTC. For years, we’ve been patching together workarounds like $WBTC and $tBTC to bridge the gap and while they had some success kickstarting the movement, they came with compromises as well.

🔸 $WBTC is native to Eth and centralized (BitGo holds the keys as the custodian). Risk of custodial freeze and your Bitcoin is basically a trapped IOU.

🔸 $tBTC avoids centralization but at the cost of user-friendliness. It's complex to mint, hard to scale, and still struggling with liquidity. Good luck with the minting process.

So DeFi kept building around everything but BTC.

🔷Lombard's Architectural Difference
Imagine if staking BTC was native, not to Ethereum, not through a wrapper, but actually tied to the underlying $BTC you already hodl.

This is the bet Lombard is making with $LBTC, you're not minting from thin air. You stake real $BTC into Babylon’s protocol, and out comes a yield-bearing version of your $BTC that earns 5%+ APY and stays permissionless and cross chain compatible.

You don't want to commit the 3 forbidden acts of $BTC:
🔹You don't want to sell it.
🔹You don’t want to wrap it.
🔹You definitely don’t want to hand it over to a custodian.

But if you still want them juicy internet magic money yields then $LBTC is the best solution out there.



🔷 Market Traction:
Less than a year old and $LBTC already has 50% market share of Bitcoin liquid staking, More than Solv, PumpBTC, lorenzo combined

🔹1.68B Total Value Locked (50% of the market share)
🔹14,341 $LBTC Minted
🔹268,169 Total Users (growing daily)
🔹88 DeFi Integrations



🔷Cross-Chain from Day One
$LBTC is already live on Ethereum, Base, BNB Chain, Sonic, Sui, and more than 12 other chains.

Everything is secured with Chainlink CCIP and the Lombard Security Consortium. Want to LP on Curve? Borrow on Aave? Farm on Sui? $LBTC is already there.

🔷 Smarter Security Model
🔹 $WBTC relies on a single custodian.
🔹 $tBTC relies on a network of validators with complicated setups.
🔹Lombard's $LBTC takes the middle path: a Security Consortium made of diverse, verifiable, non-custodial actors.

And the best part?

No KYC. No gatekeeping. Redemption is permissionless. Burn $LBTC, get your BTC back instantly.



See you all in the Bitcoin Summer 25

Long Live DeFi
✌️
BTC0.8%
JST0.64%
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