Lombard Staked BTC (LBTC)
CryptoScore Pro global score : 77/100 (computed on 2026-10-29)
Lombard Staked BTC (LBTC) is a liquid staking derivative token designed to enable Bitcoin holders to participate in Ethereum’s decentralized finance (DeFi) ecosystem without relinquishing custody of their BTC. Deployed on Ethereum via a verified smart contract at 0x8236a87084f8b84306f72007f36f2618a5634494, LBTC bridges Bitcoin’s liquidity into Ethereum-based protocols by representing staked BTC in a 1:1 ratio, allowing users to earn yield while maintaining exposure to BTC’s price appreciation. The token’s cross-chain compatibility—spanning Ethereum, BNB Chain, Solana, and 16 other ecosystems—positions it as a critical infrastructure layer for multi-chain DeFi strategies, particularly for Bitcoin restaking and liquidity provision. Its launch in late August 2024 coincides with a surge in demand for Bitcoin-backed liquidity solutions, addressing a key pain point for institutional and retail investors alike who seek to leverage BTC collateral without selling or locking it in traditional staking arrangements. The absence of a native whitepaper or detailed technical documentation, however, raises questions about transparency and long-term viability, especially given the project’s rapid…
Scores by pillar
| Technology | 61/100 |
|---|---|
| Tokenomics | 92/100 |
| Team | 67/100 |
| Adoption | 71/100 |
| Liquidity | 65/100 |
| Compliance | 86/100 |
Market data
| Price | $77,203.00 |
|---|---|
| Market cap | $512.11M |
| 24h volume | $17.55M |
| Market cap rank | #127 |
| 24h change | -3.33% |
| 7d change | -5.79% |
| Blockchain | Ethereum |
| Sector | DeFi |
Analysis
The asset is based on the tokenization of Bitcoin through a liquid staking mechanism, i.e., the creation of a derivative token. Deployed on Ethereum, it enables the use of BTC in decentralized finance without loss of custody. The token serves as collateral in DeFi protocols to generate yield.