For years, Bitcoin has been described as digital gold, a store of value with limited utility in DeFi compared to Ethereum and other programmable chains. But lately, that narrative is shifting. The rise of Bitcoin DeFi protocols has shown that BTC doesn’t have to just sit idle in cold wallets, it can actually be put to work.
We’ve seen examples like Solv, which opened the door to structured products around BTC, and PumpBTC, which experimented with on-chain liquidity mechanisms. The latest project catching my attention is Lombard ($BARD), which focuses on Bitcoin liquid staking. Instead of locking BTC away, users can stake it with Babylon and receive LBTC, a yield-bearing token that stays liquid. That means your BTC earns staking rewards, but you can still deploy LBTC across DeFi for lending, trading, or liquidity.
The adoption numbers have been wild, LBTC hit $1 billion TVL in just 92 days, capturing a serious share of the Bitcoin staking market. For a protocol that’s barely a year old, that speed says a lot about demand.
What excites me most here is the broader implication: Bitcoin isn’t just the passive backbone of crypto anymore. With projects like Lombard, it’s stepping into a role where it can actively drive yield and liquidity, not just security. Exchanges like Bitget listing these protocols early also signals that Bitcoin DeFi is becoming too big to ignore.
Curious to hear what others think: does Bitcoin staking become a norm, or will ETH still dominate DeFi’s yield narrative?
submitted by /u/Bitter-Entrance1126
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