比特幣液體固定令牌（LST）市場已經超過了40億美元的TVL里程碑。

激增向簡單的液體放入解決方案展示了新發現的需求，這種方法使比特幣持有人在不鎖定其令牌的情況下獲得了股票獎勵。

The Bitcoin Liquid Staking Token (LST) market has accelerated well past the $4 billion TVL milestone.

比特幣液體固定令牌（LST）市場已經超過了40億美元的TVL里程碑。

This surge showcases a newfound demand for easy liquid staking solutions—the kind that let a Bitcoin holder earn a staking reward without locking up their tokens. These “LSTs” are a potential path for Bitcoin to bridge the staking gap. They now stand as tempting, flexible, liquid services in an illiquid staking world. That feature has acquired extra luster as the decentralized finance (DeFi) world has continued to evolve.

這次湧現展示了對易於液體放入解決方案的新發現的需求，這是一種讓比特幣持有人在不鎖定令牌的情況下獲得既定的獎勵。這些“ LST”是比特幣彌合堆疊縫隙的潛在途徑。現在，它們在流動性不足的佔有世界中具有誘人，靈活的液體服務。隨著分散的金融（DEFI）世界的繼續發展，該功能獲得了額外的光澤。

This market keeps on expanding, and a few major players have started emerging within it. They each offer something a little different, and together they seem to be providing a set of workable conditions under which Bitcoin holders can stake assets. And liquidity—that is, the ability to easily convert your Bitcoin to cash or cash-like equivalents—seems to be a major part of those working conditions. Let’s consider a few of the more prominent protocols that are pushing this rapidly growing segment of the cryptocurrency ecosystem.

這個市場不斷擴大，其中一些主要參與者已經開始在其中出現。他們每個人都提供了一些不同的東西，並且他們似乎共同提供了一套可行的條件，在這些條件下，比特幣持有人可以利用這些條件。流動性（即可以輕鬆將您的比特幣轉換為現金或現金式等效物的能力）似乎是這些工作條件的主要部分。讓我們考慮一些更突出的協議，這些方案推動了加密貨幣生態系統的這一快速增長的部分。

Key Players in the Bitcoin LST Market

比特幣LST市場的主要參與者

A handful of prominent protocols hold sway over the Bitcoin liquid staking space, with a firmly established position capturing a largely significant share of the TVL. This only goes to show the variety of products and platforms available for Bitcoin holders looking to participate in staking activities.

少數突出的協議在比特幣液體堆積空間上搖擺，並確立了牢固的位置，佔據了TVL的很大一部分。這僅顯示出可用於希望參與放電活動的比特幣持有人的各種產品和平台。

– Lombard Finance: Beating all the rest with 21,011.23 LBTC, Lombard Finance occupies a top spot in the liquid staking market. Their platform offers the chance to stake Bitcoin with a pin-drop-level of liquidity, far better than what you’d get with any other synthetic asset or even a Diversified Liability Management Strategy.

- Lombard Finance：以21,011.23 LBTC擊敗其餘的LBTC，Lombard Finance佔據了液體儲存市場的頭把交椅。他們的平台提供了使用PIN-DROP級的流動性來利用比特幣的機會，遠勝於其他合成資產甚至多元化的責任管理策略所能獲得的。

Solv Protocol:

SOLV協議：

Solv has made substantial strides in the Bitcoin LST market, with 7,891.48 SolvBTC.BBN presently staked on its platform.

SOLV在比特幣LST市場上取得了長足的進步，目前將7,891.48 solvbtc.bbn放在其平台上。

Solv offers a diverse array of staking options, and its contributions to the liquid staking ecosystem have positioned it as one of the dominant forces in this space.

SOLV提供了各種各樣的堆積選擇，其對液體含有生態系統的貢獻已將其定位為該領域的主要力量之一。

Its offerings—ranging from single-staking to complex opportunities involving yield farming or other decentralized finance (DeFi) primitives—put it in a leading position.

它的產品（從單一製圖到復雜的機會，涉及產量耕作或其他分散的金融（DEFI）原始人）將其投入了領先地位。

Bitcoin LST landscape: 6,601.24 pumpBTC. This platform has carved out a niche for itself in the Bitcoin LST landscape and is now attracting users who are seeking innovative mechanisms for staking Bitcoin. pumpbtcxyz is gaining traction in the DeFi space due to its unique offerings and the user-centric design of its platform.

比特幣LST景觀：6,601.24 PumpBTC。該平台在比特幣LST景觀中為自己奠定了基礎，現在正在吸引正在尋找創新機制來製作比特幣的用戶。由於其獨特的產品和以用戶為中心的平台設計，PumpBtcxyz正在Defi空間中獲得吸引力。

– Bedrock DeFi: Bedrock DeFi has marked its territory with 4,579.26 uniBTC in total value locked. It is #2 for total value locked on the Bitcoin blockchain.

- Bedrock Defi：Bedrock Defi已以4,579.26 UNIBTC的總價值鎖定標記了其領土。在比特幣區塊鏈上鎖定的總價值為＃2。

Known for its emphasis on DeFi (i.e., decentralized finance) protocols, Bedrock DeFi provides users with flexible staking options, allowing them to earn rewards while still accessing their Bitcoin holdings (i.e., the Bitcoin they use to stake).

Bedrock Defi以強調Defi（即分散財務）協議而聞名，為用戶提供了靈活的固定選擇，從而使他們能夠獲得獎勵，同時仍可以訪問其比特幣持有量（即，他們用來持有的比特幣均使用）。

– Lorenzo Protocol: With 1,263.55 stBTC, Lorenzo Protocol is a protocol that has entered the liquid staking sphere with a penchant for the user experience and, more specifically, for accessibility. By offering a simple and straightforward staking solution, this protocol has quickly grown in adoption, particularly among retail investors who are new to the liquid staking space. stBTC stands for the Bitcoin staking token. In the world of cryptocurrency, when people talk about Bitcoin, they are almost always referring to the Bitcoin network’s native currency.

- Lorenzo協議：借助1,263.55 STBTC，Lorenzo協議是一項協議，該協議已進入液體堆積球，並傾向於對用戶體驗，更具體地說，更具體地說是可訪問性。通過提供一種簡單明了的放電解決方案，該協議在採用方面迅速增長，尤其是在液體蒸發空間的零售投資者中。 STBTC代表比特幣的Staking代幣。在加密貨幣的世界中，當人們談論比特幣時，他們幾乎總是指比特幣網絡的原始貨幣。

For Bitcoin, this currency is the stBTC. It is a tokenized form of BTC that allows holders to stake and earn rewards while still using their Bitcoin. stBTC is a non-redeemable token that gets you staked in the ecosystem. You cannot use stBTC in the same way that you might expect to use a Bitcoin token. You are using a token that represents staked Bitcoin.

對於比特幣，這種貨幣是STBTC。這是BTC的令牌形式，允許持有人在使用比特幣的同時享受和賺取獎勵。 STBTC是不可贖回的令牌，可將您固定在生態系統中。您不能像期望使用比特幣令牌那樣使用STBTC。您正在使用代表固定比特幣的令牌。

– Acorn Network: Holding 1,197.09 aBTC, Acorn Network has been gaining momentum, providing users a chance to stake without worry. It is all about decentralized governance at Acorn; there is no way for those in charge to be in charge unless the network allows them to. Transparency is a real value at Acorn, and it is a network just begging to be understood. Acorn and aBTC are not household names. When Acorn is mentioned, some online commentators respond with a confused, “Huh?” This is exactly why Acorn deserves our attention.

- 橡子網絡：持有1,197.09 ABTC的Acorn網絡一直在增強動力，為用戶提供了不用擔心的機會。這一切都是關於橡子的分散治理；除非網絡允許他們，否則無法負責的人負責。透明度是橡子的真正價值，它是一個乞求被理解的網絡。橡子和ABTC不是家喻戶曉的名字。當提到橡子時，一些在線評論員感到困惑：“嗯？”這就是橡子值得我們注意的原因。

– Added Contributions: Other remarkable protocols that are helping to generate and develop the Bitcoin LST sector are Solv Protocol, with many offerings like 1,090.96 SolvBTC.ENA and 882.79 SolvBTC.CORE; and allo.xyz, which has 544.13 alloBTC staked. Then we have pStake Finance, too, adding to the pot with 200.01 YBTC. These protocols, while certainly smaller in terms of TVL, are adding

- 附加的貢獻：其他有助於生成和開發比特幣LST領域的非凡協議是SOLV協議，許多產品諸如1,090.96 solvbtc.ena和882.79 solvbtc.core；和allo.xyz，其中有544.13 allobtc。然後，我們也有Pstake Finance，並以200.01 YBTC的形式增加了鍋。這些協議雖然在TVL方面肯定較小，但正在添加