Bitcoin

Lombard Finance Releases Bitcoin Staking SDK for $154B Exchange Market

Albert Morgan

Apr 17, 2025 — 1 min read

Lombard Finance has released a software development kit enabling platforms to offer bitcoin staking services with a single click. The toolkit targets an estimated $154 billion in bitcoin currently sitting unused on centralized exchanges.

The SDK allows users to stake their BTC to receive LBTC tokens, which can then be automatically placed in Lombard's DeFi Vault. According to the protocol, this currently generates an annual yield of 3% for users.

Major cryptocurrency exchanges Binance and Bybit have already integrated the new technology. The toolkit also supports wallet integrations including xVerse, Metamask, and Trust Wallet, expanding access to bitcoin staking opportunities.

Jacob Phillips, co-founder of Lombard Finance, noted that bitcoin was once viewed primarily as a store of value but is now finding its way into decentralized finance. He stated that the SDK removes complexity barriers for both platforms and their users.

This development comes as corporate bitcoin adoption accelerates, with Japanese tech firm Metaplanet recently expanding its holdings to 4,525 BTC worth $408.1 million, placing it among the top 10 public bitcoin holders globally.

For exchanges and wallets, the integration creates new revenue streams while giving users reasons to remain engaged through additional DeFi services, according to Lombard Finance.

Bitcoin staking through Lombard's system began seven months ago and has developed into a $4 billion market. The DeFi Vault, which operates using smart contracts from provider Veda, currently holds over $200 million in total value locked.

Last month, Lombard expanded its offerings by launching its liquid-staking bitcoin token, LBTC, on the Sui blockchain, further extending the protocol's capabilities and reach.

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