Lombard Finance Launches SDK to Drive Bitcoin Adoption in DeFi, Unlocking Staking Potential

Lombard Finance has launched a new software development kit (SDK) designed to simplify Bitcoin (BTC) staking, opening the door for wallets, exchanges, and platforms to offer seamless access to decentralized finance (DeFi). This innovation is part of Lombard’s broader effort to integrate Bitcoin into DeFi and tap into the estimated $154 billion of BTC currently lying idle on centralized exchanges.

The new SDK allows users to stake their Bitcoin and mint LBTC, a liquid staking token that can be automatically deposited into Lombard’s DeFi Vault, offering a yield of 3% annually. This functionality aims to bring greater utility to Bitcoin, which was once seen primarily as a store of value but is now becoming a key asset in the DeFi ecosystem.

Jacob Phillips, co-founder of Lombard Finance, explained, “Bitcoin’s role is evolving, and our SDK is making it easier for both platforms and users to access new earning opportunities in DeFi. What was once complicated is now a streamlined process.”

So far, major exchanges like Binance and Bybit have already integrated the SDK, and additional wallet integrations such as xVerse, Metamask, and Trust Wallet are also supported. The integration offers these platforms new ways to generate revenue and keep users engaged with innovative DeFi offerings.

Lombard’s Bitcoin staking program has seen impressive growth since its launch seven months ago, now reaching a $4 billion market size. The DeFi Vault, powered by the Veda smart contract provider, currently holds over $200 million in total value locked (TVL). Last month, Lombard expanded its offerings with the launch of LBTC, its liquid-staking Bitcoin token, on the Sui blockchain.