cryptonist

DeFi protocols

Lombard LBTC

Data as of 3 October 2026 · Official site

Lombard LBTC is a protocol DefiLlama files under Restaked BTC, deployed on 2 chains. On 3 October 2026 it held $680.4M in total value locked, down 1.0% over 30 days, placing it 67th of 225 protocols in this set. DefiLlama recorded $1.7M in fees over the previous 30 days. TVL is deposits at current prices, not revenue and not users. The note below says what it leaves out.

Total value locked, over time

Total value locked, USD: $251.2M at the start of the series, $680.4M at the end. $0 $1.0B $2.0B $3.0B $4.0B $5.0B Sept 24Mar 25Sept 25Mar 26Oct 26
Total value locked, USD. Weekly points for the last two years, monthly before. Source: DefiLlama, retrieved 3 October 2026.

Among protocols

Total value locked by protocol, 225 tracked: top 24, and Lombard LBTC at 67. Source: DefiLlama, 3 October 2026.
#ProtocolTotal value locked
1 Lido $26.4B
2 Aave V3 $18.1B
3 SSV Network $14.0B
4 LayerZero V2 $11.7B
5 Morpho Blue $11.3B
6 Binance staked ETH $10.0B
7 WBTC $9.9B
8 Coinbase Bridge $8.4B
9 Hyperliquid Bridge $7.1B
10 EigenCloud $7.0B
11 Sky Lending $5.9B
12 Binance Bitcoin $5.8B
13 SparkLend $5.5B
14 ether.fi Stake $5.2B
15 Ethena USDe $4.9B
16 JustLend V1 $3.9B
17 Arbitrum Bridge $3.7B
18 Babylon Protocol $3.4B
19 USDT0 $3.4B
20 JustLend sTRX $3.3B
21 Base Bridge $3.2B
22 Maple $3.0B
23 Polygon Bridge $2.9B
24 JustCryptos $2.8B
67 Lombard LBTC $680.4M

See all 225 protocols

TVL by chain

TVL by chain, Lombard LBTC, 3 October 2026. Source: DefiLlama.
ChainUSD
Bitcoin $680.4M

Fees recorded by DefiLlama

Fees recorded by DefiLlama, Lombard LBTC, 3 October 2026. Source: DefiLlama.
WindowUSD
24 hours $79K
30 days $1.7M
1 year $4.2M

About Lombard LBTC

Category: Restaked BTC. Deployed on 2 chains. Listed by DefiLlama on 2024-09-04.

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. (DefiLlama's listing text.)

Source: DefiLlama, retrieved 3 October 2026, under its open methodology. Figures are a dated snapshot, not a live feed.