LBTC is Lombard’s yield-bearing Bitcoin token, backed 1:1 by native BTC staked through the Babylon protocol. It is the market-leading yield-bearing Bitcoin asset, usable as collateral and liquidity across DeFi on multiple blockchains.
This is a max-APY yield loop: LBTC is supplied as collateral and WBTC is borrowed against it on Morpho, then recycled back into LBTC to multiply the underlying BTC Staking yield. Because the two assets are price-correlated, the position targets amplified yield rather than directional price exposure.
Live APY, leverage multiplier and available liquidity are shown in the app.