LBTC (Yield-bearing BTC)

LBTC: Institutional-grade, yield-bearing Bitcoin

LBTC is an institutional grade yield-bearing bitcoin, fully-backed by BTC and free to compose throughout DeFi. LBTC allows allocators to grow their BTC holdings while retaining core exposure to the asset. It’s secured by a decentralized consortium of 14 digital asset leaders, and is the largest Bitcoin LST commanding 60% of the market.

LBTC provides passive yield derived from staking the underlying BTC to Babylon’s Bitcoin Staking Protocol.

LBTC is the fouth-largest BTC derivative trailing only non-yield-bearing tokens WBTC, CBBTC and BTCB. LBTC is designed to empower anyone—from individual holders to large institutions—to amplify the utility of their Bitcoin.

Unique attributes of LBTC:

• Earns native yield + rewards: LBTC earns a passive yield around 1% APY, and can be used across DeFi to maximize returns.

• Cross-chain compatible: LBTC is natively minted across major blockchain ecosystems, enabling seamless cross-chain movement.

• Liquid & DeFi compatible: LBTC can be used as collateral in lending and borrowing protocols, perp DEXs, and more.

• Secure: LBTC is secured by a decentralized consortium of digital asset leaders, providing better security than centralized wrapped tokens and unsecured bridges.

Benefits to LBTC holders:

• LBTC allows allocators to grow their BTC holdings while retaining core exposure to the asset.

• LBTC provides passive yield derived from staking the underlying BTC to Babylon’s Bitcoin Staking Protocol. BTC staked with Babylon secures networks, that pay for the security they receive. These rewards are converted to BTC and reflected in LBTC’s value — meaning holders earn native BTC-denominated yield, passively.

  There are no claim portals. No extra tokens. Just one asset: LBTC.

• LBTC holders can earn even more by deploying their LBTC into DeFi

  • Providing liquidity on Decentralized Exchanges

  • Lending LBTC or borrowing against it

  • Executing yield trading strategies

  • Committing LBTC to automated yield-generating vaults