.@Lombard_Finance could become the 'Lido' of BTCFi? The emergence of BTCFi is one of the most significant changes since ETH staking. And now, Lombard Finance is establishing itself as a clear leader in the Bitcoin liquid staking space. 📊 Key data highlighted by Surf Research: - TVL of $1.47 billion (achieved in just 92 days since launch, the fastest ever) - 23,000 BTC staked → about 42% of the total delegation in Babylon - 82% of issued LBTC is actively utilized in DeFi protocols (Aave, Morpho, Pendle, Curve, etc.) - Over 12 chain-native deployments based on Chainlink CCIP·Bascule → eliminating wrapping risks - Security infrastructure from a consortium of 14 institutions including Galaxy, OKX, and Figment This resembles the early growth of Lido in ETH. Lido became a standard by integrating not just as a staking token but throughout DeFi. Lombard is following a similar path, but the focus is on Bitcoin. ⚖️ Competitive advantages: - 22% higher TVL than the second place, SolvBTC -...
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