Bybit Web3 Partners with Lombard Finance to Offer BTC Staking with Up to 5% APY
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has teamed up with Lombard Finance to introduce an exclusive BTC staking program for eligible users of its Web3 Seed Phrase Wallet. Starting April 9, participants can stake Bitcoin to earn up to 5% APY and additional points across Lombard, Babylon, and Veda platforms. This collaboration aims to bridge BTC with multi-chain DeFi opportunities through LBTC, Lombard’s liquid Bitcoin solution.
Bybit Web3 Exclusive: BTC Staking with Lombard, up to 5% APY and Points Multipliers
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced a strategic partnership with Lombard Finance to expand access to BTC staking. From Apr. 9, eligible users of the Bybit Web3 Seed Phrase Wallet can stake BTC to earn extra points across Lombard, Babylon, and Veda. Lombard connects BTC to various chains, DeFi protocols, and yield opportunities through LBTC, the leading BTC liquid staked token trusted by over 100,000 users.
Avalon Labs Unveils Bitcoin Yield Solution Through Bybit Earn Partnership
Avalon Labs has partnered with Bybit Earn to offer a stable Bitcoin yield through $FBTC, enabling Bitcoin lending with predictable returns for users. The integration aims to reshape how Bitcoin holders earn yield within centralized finance (CeFi) by bridging the gap between centralized and decentralized finance. Avalon Labs has raised $2B in credit, fueling innovation in Bitcoin-backed lending solutions. Through this collaboration, Bybit users can earn yield from Bitcoin (BTC) while arbitraging Avalon’s fixed-rate institutional borrowing layer.