Every cycle has its category-defining project:
EigenLayer → Restaking
Ethena → Yield-bearing stables
Hyperliquid → Next-gen PerpDEX
This cycle? BTCfi → @Lombard_Finance
@Lombard_Finance is building the capital markets layer for Bitcoin with $LBTC and $BARD.
A thread ↓↓↓
In just one year, Lombard has:
Launched $LBTC, the leading yield-bearing Bitcoin
Raised $94.7M from 21,340 participants in its Community Sale
Listed tier 1 cex $BARD on Binance, Coinbase, and Upbit
This is more than a protocol → it’s infrastructure for BTCFi.
1. $LBTC adoption is expanding rapidly:
$1.4B+ TVL
10+ chains integrated (Ethereum, Solana, Base, Sui, Berachain, Sonic…)
140+ DeFi integrations
$LBTC is becoming the core Bitcoin liquidity asset across ecosystems.
5. The Flywheel
$BARD drives Lombard’s economic flywheel:
Adoption ↑ → Fees ↑ → Demand for staking $BARD ↑ → Security ↑ → Adoption ↑
$BARD incentives (Yapper Program S2) seed creators + ambassadors → more integrations, more orderflow, more LBTC liquidity
Each layer strengthens the next → reinforcing Bitcoin’s role in onchain finance.
5.04K
42
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.