Restaked BTC
Lombard LBTC
Total TVL
$687.23M
Active pools
1
Chains supported
2
Official site: https://www.lombard.finance/app/stake/?referrer=ssybnl ↗
Overview
Lombard LBTC is a restaked BTC protocol that allows users to stake Bitcoin (BTC) and earn yield through liquidity provision on the platform. The primary function of the protocol involves converting staked BTC into Lombard’s native token, LBTC, which can then be used for various DeFi applications.
The protocol holds $760M in TVL across 1 active pool on a single chain: Bitcoin dominates entirely at 100%. This implies a high concentration risk as all value is tied to the Bitcoin network. Lombard has an official website available, indicating a presence beyond just smart contracts.
Audit posture for Lombard LBTC is light, with 2 audit references in the data. Token economics details are unavailable since market cap information is not provided.
Composed 2026-05-21 from the structured data above. See methodology for the full pipeline.
TVL by chain
TVL history
Top pools
FAQ
› What is Lombard LBTC?
LBTC is a yield-bearing Bitcoin asset, 1:1 backed by native bitcoin, combining an institutional off-chain yield strategy with yield denominated in Bitcoin and full composability across DeFi. LBTC targets a 2.5% APY generated by an off-chain covered-call options strategy managed by Bitwise Investment Manager, LLC. LBTC is deeply integrated as collateral across DeFi applications on 10+ chains, allowing holders to earn yield and access liquidity. LBTC is secured by a multi-institution Security Consortium, and qualified custodians including Anchorage and Kraken.
› How much TVL does Lombard LBTC have?
Lombard LBTC has $687.23M in total value locked across all supported chains as of the last refresh.
› How many active pools does Lombard LBTC have?
We currently track 1 active pools for Lombard LBTC.
› Is Lombard LBTC audited?
DefiLlama lists 2 audits for Lombard LBTC. Audits reduce smart-contract risk but do not eliminate it.
See our methodology for how this data is collected.