比特幣（BTC）作為網絡繼續鎖定在DEFI項目中的更多價值。超過$ 8B的硬幣已分發給比特幣的本機DEFI協議。

比特幣（BTC）正在增長其防禦影響力，現在超過了鎖定在solana（Sol）上的價值。通過鎖定或固定的BTC，比特幣網絡的價值超過$ 8B，超過了Solana的$ 6.7B。

Bitcoin (BTC) continues to build its presence in the DeFi space, now surpassing Solana (SOL) in total value locked. According to Messari, BTC DeFi protocols now aggregate over $8B in coins, while Solana carries $6.7B.

比特幣（BTC）繼續在Defi空間中建立其存在，現在超過了總價值鎖定的Solana（SOL）。根據Messari的說法，BTC Defi協議現在總計超過$ 8B的硬幣，而Solana則攜帶$ 6.7B。

Babylon Labs is still leading the pack with 50% of all value locked in BTC after locking an additional 23,000 BTC at the end of 2024. Babylon Labs is focused more on secondary layers of products based on the staked BTC used for security.

巴比倫實驗室在2024年底再鎖定了23,000 BTC後，仍在鎖定BTC的所有價值的50％。巴比倫實驗室更多地集中在基於用於安全性的BTC的二級產品上。

Despite the bear market and market fluctuations, demand persists for BTC staking. Staking is one of the ways to tap value without selling while being able to recoup the initial stake. BTC DeFi may grow in value if BTC continues with the bull market. The recent valuation is at the current price of around $84,000, after a 27% drawdown from the peak price.

儘管熊市和市場波動的波動，但BTC佔用的需求仍然存在。訂購是無需銷售的挖掘價值的方法之一，同時能夠收回初始股份。如果BTC在牛市繼續進行，BTC Defi可能會增長。最近的估值為目前的價格約為84,000美元，此後高峰價格降低了27％。

The biggest DeFi growth comes from Lombard Finance, one of the expanding protocols in the past few months. Lombard Finance locked in over $1.59B in BTC, becoming the second-biggest BTC DeFi protocol.

最大的Defi增長來自Lombard Finance，這是過去幾個月中不斷擴大的協議之一。 Lombard Finance鎖定了BTC的$ 1.59B以上，成為第二大BTC Defi協議。

In the past months, Lombard Finance grew its value locked by 158%, based on Messari data. Lombard Finance issues a new staking token, LBTC, used for passive yield. The protocol expanded after its recent launch on Sui Network in March. As with other Bitcoin-based DeFi protocols, Lombard uses Ethereum and other networks to carry out DeFi operations. Lombard Network uses restaked BTC to build its value and security.

在過去的幾個月中，根據彌賽亞數據，Lombard Finance的價值鎖定了158％。 Lombard Finance發出了一種新的Staging令牌LBTC，用於被動產量。該協議在3月在SUI網絡上發布後擴展。與其他基於比特幣的DEFI協議一樣，Lombard使用以太坊和其他網絡來執行DEFI操作。 Lombard Network使用Restainked BTC來建立其價值和安全性。

Bitcoin-based DeFi is a mix of Ethereum and other chains, offering transactions in a few seconds. However, BTC works as a more stable collateral and reserve asset compared to ETH, which is still pressured by negative sentiment.

基於比特幣的DEFI是以太坊和其他連鎖店的混合，可在幾秒鐘內提供交易。但是，與ETH相比，BTC是一種更穩定的抵押品和儲備資產，而ETH仍然受到負面情緒的壓力。

BTC is used mostly as a guarantee, either with non-custodial staking on Babylon Labs or in various wrapped tokens.

BTC主要用作保證，無論是在巴比倫實驗室的非監測均值還是在各種包裹的代幣上。

Overall, BTC-based DeFi has become the second-biggest hub for value locked based after Ethereum. In addition to Solana, BTC DeFi surpassed BNB Smart Chain, TRON, and other major networks.

總體而言，基於BTC的DEFI已成為以太坊之後的價值鎖定的第二大樞紐。除Solana外，BTC Defi還超過了BNB智能鏈，TRON和其他主要網絡。

Solv Protocol became the third-largest protocol with BTC holdings, carrying $685 in value. The protocol will aim to repeat the model of Strategy, Mara Holdings and other leveraged corporate buyers, though by building a BTC reserve on-chain.

SOLV協議成為BTC Holdings的第三大協議，價值685美元。該協議將旨在重複戰略模型，Mara Holdings和其他槓桿企業買家，儘管建立了BTC儲備在鏈上。

Solv has designated $100M to build a BTC reserve, potentially becoming on par with multiple corporate buyers. Some of the BTC DeFi protocols already surpass Metaplanet, even with its 3,000 BTC reserve.

SOLV已指定1億美元來建立BTC儲備，可能與多個公司買家保持同步。即使擁有3,000個BTC儲備，一些BTC DEFI協議已經超過了Metaplanet。

Solv will use BNB Smart Chain for its DeFi activities when unlocking the value of BTC. On March 12, the protocol launched SolvBTC.BNB, a yield-bearing BTC-staking token. The yield requires a deposit of BTC to Venus Protocol, a form of staking. Users that staked BTC will receive various perks in the BNB Smart Chain ecosystem.

解鎖BTC的值時，SOLV將使用BNB智能鏈進行DEFI活動。 3月12日，該協議啟動了solvbtc.bnb，這是一種承重的BTC製作令牌。收益率需要將BTC存入金星方案，這是一種佔用形式。將BTC固定的用戶將在BNB智能鏈生態系統中獲得各種特權。

The value locked in various protocols with BTC as collateral may fluctuate. The one exception is Babylon Labs, where most users retain their tokens. Babylon Labs serves as a final deposit destination for other protocols, which lock BTC on behalf of smaller clients. Locks in BTC come from both Lombard Protocol and Solv.

用BTC作為抵押品鎖定的各種協議的值可能會波動。一個例外是巴比倫實驗室，大多數用戶保留其令牌。巴比倫實驗室是其他協議的最終存款目的地，這些協議代表較小的客戶鎖定BTC。 BTC中的鎖來自Lombard協議和SOLV。

Babylon Labs holders are relatively centralized, as other proxies lock up BTC on behalf of their clients. Non-custodial staking means all users retain their BTC with no risk of slashing, but can trade and use derivative assets within the DeFi ecosystem, mostly for earning yield.

巴比倫實驗室持有人相對集中，因為其他代理代表其客戶鎖定了BTC。非習慣放入意味著所有用戶都保留其BTC而沒有削減風險，但是可以在Defi生態系統中進行交易和使用衍生資產，主要用於收益。

Demand for BTC DeFi is one of the tools to lock up tokens for the long term. While some users can unstake or withdraw their support, the last few months show increased interest in tapping the value of idle BTC instead of selling.

對BTC Defi的需求是長期鎖定令牌的工具之一。雖然有些用戶可以撤銷或撤回支持，但最近幾個月表明，對利用閒置BTC的價值而不是銷售的價值提高了興趣。