LBTC is now live on Solana! Previously, BTC on Solana could only be held, usable but without yield. Now with LBTC launching, it finally gets interesting: you still hold BTC, but it comes with ~1% annualized yield, thanks to staking BTC in Babylon while earning interest! Why choose Solana? Solana's DeFi ecosystem has now surpassed $10 billion, with fast speeds and low fees. Previously, BTC could only sit idle here, but now with LBTC, it can be used as collateral, in lending, and in the derivatives market! How to get started? ※ Swap cbBTC → LBTC with a 1bps fee on Meteora ※ Trade LBTC/SOL perpetuals directly on Drift ※ Use LBTC as collateral to borrow stablecoins on Jupiter and Kamino, while leveraging that ~1% built-in yield to offset some borrowing interest ※ Cross-chain is also possible; simply use LayerZero to transfer LBTC from Ethereum to Solana Why is this step important? ※ The total market cap of the BTC LST market is currently around $2.5 billion, with LBTC already accounting for $1.4 billion (about 40%) ※ The ETH LST market (led by Lido stETH) has reached a scale of $38 billion This means the BTC LST market is still in its early stages, while Lombard is already a leader. On Solana, LBTC integrates the security, yield, and composability of Bitcoin into a high-speed DeFi ecosystem, turning BTC into a truly productive asset! Summary The story of Bitcoin on-chain has always been stuck at having liquidity but no yield. LBTC fills this gap! On Solana, BTC is not just cold, hard digital gold, but a yield-generating, circulating collateral.