Lombard
AuditedVerifiedTrendingLombard issues LBTC, a yield-bearing liquid-staked Bitcoin token 1:1 backed by native BTC delegated to Babylon, secured by a 14-institution consortium with 2/3 signing.
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The Problem
Bitcoin is the most secure and liquid asset in crypto but generates no native yield, and wrapped Bitcoin tokens introduce centralized custodian risk without solving the productivity problem.
The Solution
Lombard issues LBTC, a yield-bearing 1:1 Bitcoin-backed liquid-staked token secured by a 14-institution consortium with 2/3 signing and hardware HSMs — combining Babylon's native BTC staking yield with full DeFi composability on Ethereum, Solana and 12+ other chains.
Why it Matters
First multi-institution consortium-secured liquid Bitcoin token. Independent dual verification (consortium + Bascule), CubeSigner HSM key management, real-time Proof-of-Reserves, and cross-chain mint via Chainlink CCIP. Reached $1B TVL faster than any prior LST.
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View allFrequently asked questions about Lombard
What is Lombard?+
Lombard is a Liquid Staking protocol operating on Bitcoin, Ethereum, Base, BNB Chain, Sui, Solana, Sonic. Lombard issues LBTC, a yield-bearing liquid-staked Bitcoin token 1:1 backed by native BTC delegated to Babylon, secured by a 14-institution consortium with 2/3 signing.
How does Lombard work?+
Lombard issues LBTC, a yield-bearing 1:1 Bitcoin-backed liquid-staked token secured by a 14-institution consortium with 2/3 signing and hardware HSMs — combining Babylon's native BTC staking yield with full DeFi composability on Ethereum, Solana and 12+ other chains.
Is Lombard safe?+
DeFi Sentinel rates Lombard AA with a safety score of 89/100, indicating very low risk. The score reflects five risk dimensions: smart contract & technical risk, economic design & market risk, governance & centralization, sustainability & competitive position, and reputation & social trust. Lombard has 14 audits on record. DeFi Sentinel's analysis flagged 3 medium, 2 low risk alerts across Economic Design & Market Risk, Governance & Centralization and Sustainability & Competitive Position. As with all DeFi protocols, residual risk remains and users should review the full risk breakdown before depositing.
What is the safety score of Lombard?+
Lombard has a DeFi Sentinel safety score of 89/100 (rating AA), last updated October 13, 2026. The score is computed across smart contract & technical risk (30%), economic design & market risk (25%), governance & centralization (20%), sustainability & competitive position (15%), and reputation & social trust (10%).
Which chains does Lombard support?+
Lombard is deployed on Bitcoin, Ethereum, Base, BNB Chain, Sui, Solana, Sonic.
Has Lombard been audited?+
Yes. Lombard has 14 audit reports on record from firms including OpenZeppelin, Sherlock, Sherlock. Audit reports and dates are linked under the Resources tab on this page.