Lombard (BARD)
Lombard is a Bitcoin-focused DeFi infrastructure project that works to bring more BTC liquidity into onchain markets. Its core premise is that Bitcoin can play a larger role across decentralized finance without holders giving up exposure to the asset. The project is part of the wider BTCfi movement, which seeks to connect Bitcoin with lending, trading, staking, restaking, and other blockchain-based financial applications.
The protocol’s flagship product is LBTC, a yield-bearing Bitcoin asset designed to let BTC holders access DeFi opportunities while maintaining a Bitcoin-denominated position. According to Lombard, LBTC is secured through a decentralized consortium made up of 14 digital asset institutions, and it has become a leading Bitcoin liquid staking token. This structure is intended to support trust-minimized issuance, integrations across protocols, and broader use of Bitcoin as productive collateral in onchain environments.
Founded in 2024, Lombard is developing a broader stack around Bitcoin capital markets. Its infrastructure includes BTC assets, a staking SDK, and supporting services for holders, protocols, and platforms that want to integrate Bitcoin-based yield or liquidity. This positions Lombard not simply as a single token issuer, but as a middleware provider for applications building around BTC.
BARD is associated with the Lombard ecosystem and reflects exposure to its role in expanding Bitcoin’s use in DeFi. The project’s importance depends on adoption of LBTC, the security of its custody and validation model, and the willingness of DeFi protocols to treat Bitcoin-backed assets as core liquidity.
Last updated
- Market Cap
- $56M
- Fully Diluted Valuation
- $174M
- 24 Hour Trading Vol
- $6.2M
- Circulating Supply
- 323M
- Total Supply
- 1B
- Max Supply
- 1B
Institution: The Global Central Bank Policy Tightening Is Likely to Be Quite Limited
DECRYPT: Lombard Finance Switches to Chainlink, Ditching LayerZero After $292 Million Kelp DAO Exploit
Lombard migrates $1B in Bitcoin-backed assets to Chainlink CCIP after $292M exploit shakes LayerZero confidence
Lombard joins Chainlink CCIP as LayerZero exodus tops $4b
DECRYPT: Lombard Finance Dumps LayerZero, Will Use Chainlink to Power $1 Billion in Bitcoin Assets
LayerZero’s Troubles Persist as Lombard Shifts $1B to Chainlink
FINANCE FEEDS: Lombard Migrates $1 Billion From LayerZero to Chainlink CCIP After Hack
Lombard migrates over $1 billion in Bitcoin backed assets to Chainlink CCIP
COINDESK: Lombard joins LayerZero exodus as $4 billion in assets switch to Chainlink's bridge
After the KelpDAO hack, protocols such as Ethena have temporarily suspended the LayerZero OFT cross-chain bridge.
BARD: Lombard Is Live on Aave V4: The World's Largest Lending Protocol Just Got an Upgrade
Aave V4 Goes Live on Ethereum Mainnet Introducing a "Center-Radius" Architecture
Midnight Landed Its Biggest Bank Deal Ever, But The Chart Says It Does Not Matter Yet
Monument Bank and Midnight Foundation Launch UK’s First Retail Deposit Tokenization Program
Bitwise Joins Lombard’s Bitcoin Smart Accounts to Help Unlock Institutional Yield
Bitwise Partners with Lombard to Unlock Bitcoin (BTC) Yield for Institutional Clients
- Market Cap
- $55,962,399
- Fully Diluted Valuation
- $173,526,819
- 24 Hour Trading Vol
- $6,170,650
- 24h High
- $0.184493
- 24h Low
- $0.162506
- 24h Change
- -3.42%
- 7d Change
- -5.86%
- 30d Change
- -37.59%
- 1y Change
- 0.00%
- Market Cap Rank
- #430
- Market Cap Rank (rehypothecated)
- #568
- Circulating Supply
- 322,500,000
- Total Supply
- 1,000,000,000
- Max Supply
- 1,000,000,000
- All-time high
- $1.70 (-89.80%) · Mar 5, 2026, 3:26 PM
- All-time low
- $0.162506 (+6.79%) · Jun 3, 2026, 10:05 PM
- Website www.lombard.finance
- Whitepaper docs.lombard.finance
- Block explorer intel.arkm.com/explorer/token/lombard-protocol
- Block explorer bscscan.com/token/0xd23A186A78c0B3B805505E5f8ea4083295ef9f3a
- X / Twitter twitter.com/lombard_finance