
syk233|Sep 26, 2025 03:54
Among the recent TGE projects, ZKC and Open have tanked miserably, but Lombard @Lombard_Finance is bucking the trend and pulling up instead!
This shows the market is still buying into the BTCfi narrative. Lombard @Lombard_Finance has been growing rapidly on the SOL chain recently, with its TVL reaching $100 million in less than three weeks.
✅ On @jup_lend: LBTC $70M vs cbBTC $15M, wBTC $2M
✅ On @DriftProtocol: LBTC $12M vs cbBTC $4M, wBTC $4M
Out of the 9,300 BTC bridged to Solana, 800 are already LBTC. Check here: http://bitcoinlayers.org/layers/solana
▰ How to get LBTC?
① Stake BTC and mint LBTC directly on Solana as SPL
② Swap cbBTC for LBTC on Meteora with just 1bps
③ Exchange any asset for LBTC
④ Bridge LBTC to Ethereum via @LayerZero_Core
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