Lombard
BARD2024
$0.1081
-3.83%
24h Volume
$124.70K
24h High
$0.1144
24h Low
$0.1078
24h Change
-3.83%
About
Lombard is the leading Bitcoin liquid staking protocol. Users deposit BTC and receive LBTC (Lombard Bitcoin), a yield-bearing token that automatically earns Babylon staking yield. The BARD token is the protocol's governance and utility token; holders stake it to secure cross-chain LBTC and BTC.b transfers. Lombard operates across 15+ chains with institutional-grade infrastructure.
Use Cases
Governance voting, securing cross-chain LBTC/BTC.b transfers (Symbiotic + Chainlink CCIP), staking for auto-compounding rewards via stBARD
Technology
Ethereum ERC-20, Babylon BTC staking, Chainlink CCIP and Symbiotic restaking
Categories
DeFiLendingInfrastructureDAO
Source
+ Strengths
- +Market leader as the largest Bitcoin liquid staking token (LBTC)
- +Cross-chain integration across 15+ chains (Ethereum, Base, Arbitrum, Solana, Sui)
- +Listed on major exchanges including Binance, Coinbase, OKX
- +Institutional infrastructure with secure custody via Anchorage Digital and Kraken Institutional
- +Auto-compounding staking rewards via stBARD
- Weaknesses
- -9-day unstaking period for LBTC due to Babylon unbonding requirements
- -BARD token unlock pressure with large portion of supply still locked
- -Complex cross-chain infrastructure (Symbiotic, Chainlink CCIP) with single-point failure risk
- -Bitcoin staking yield variable depending on market conditions
- -Shift to covered-call strategy changed yield expectations
Team
Lombard
Launch
2024
Total Supply
1,000,000,000
Circulating Supply
353,437,500
Max Supply
1,000,000,000
