比特幣網路。 Babylon 發行合成比特幣 (sBTC) 代幣，代表質押的 BTC，可在各種 DeFi 平台上使用。

隨著加密貨幣產業的發展，Stake已成為不可或缺的基石，在網路安全和投資者參與方面發揮著至關重要的作用。

of the Bitcoin network. This innovation opens up new possibilities for integrating Bitcoin into decentralized finance.

比特幣網路的。這項創新為將比特幣整合到去中心化金融中開闢了新的可能性。

Key Features of Babylon

巴比倫的主要特點

Direct Bitcoin Staking: Babylon provides a direct avenue for staking Bitcoin, eliminating intermediaries and enabling users to participate in the network's consensus mechanism.

直接比特幣質押：Babylon 提供了一種直接質押比特幣的途徑，消除了中介機構並使用戶能夠參與網路的共識機制。

Non-Custodial Staking: Babylon operates as a non-custodial platform, ensuring users maintain control over their assets throughout the staking process.

非託管質押：Babylon 作為非託管平台運營，確保用戶在整個質押過程中保持對其資產的控制。

Modular Architecture: Babylon's modular design allows for future integration with various DeFi protocols, expanding the utility of staked Bitcoin.

模組化架構：Babylon 的模組化設計允許未來與各種 DeFi 協議集成，擴大質押比特幣的效用。

Supported Staking Assets

支持的質押資產

Babylon primarily supports staking for Bitcoin (BTC). Users can stake any amount of BTC and earn staking rewards.

Babylon 主要支持比特幣 (BTC) 質押。用戶可以質押任意數量的BTC並獲得質押獎勵。

BABL Token and Its Utility

BABL 代幣及其用途

Babylon's native token BABL plays several key roles within the ecosystem:

Babylon 的原生代幣 BABL 在生態系統中扮演幾個關鍵角色：

Governance: BABL holders can participate in protocol governance, influencing decisions related to parameter adjustments, treasury management, and overall strategic direction.

治理：BABL持有者可以參與協議治理，影響與參數調整、資金管理和整體策略方向相關的決策。

Staking Rewards: By staking BABL, users can earn additional rewards.

質押獎勵：透過質押BABL，用戶可以獲得額外獎勵。

Summary

概括

Babylon has quickly become a significant player in the DeFi space, attracting a large community of users. As of December 2024, over 200,000 BTC have been staked through Babylon, highlighting its strong adoption and the growing demand for integrating Bitcoin into DeFi.output: Top 7 DeFi Staking Platforms In 2025: A Comprehensive Guide

Babylon 迅速成為 DeFi 領域的重要參與者，吸引了大量使用者社群。截至 2024 年 12 月，已有超過 200,000 BTC 透過 Babylon 質押，這突顯了其廣泛採用以及將比特幣整合到 DeFi 中的需求不斷增長。

As the cryptocurrency industry continues to evolve, DeFi staking has emerged as a crucial aspect, offering both passive income opportunities and a means of contributing to blockchain network security. In 2025, several DeFi staking platforms are poised to make a significant impact, each catering to specific needs and offering unique advantages. This article will delve into the top 7 DeFi staking platforms to keep an eye on, providing an overview of their key features, supported assets, and native tokens.

隨著加密貨幣產業的不斷發展，DeFi 質押已成為一個重要方面，它既提供了被動收入機會，又為區塊鏈網路安全做出了貢獻。到 2025 年，多個 DeFi 質押平台將產生重大影響，每個平台都能滿足特定需求並提供獨特的優勢。本文將深入研究最值得關注的 7 個 DeFi 質押平台，概述其主要功能、支援的資產和原生代幣。

1. Lido Finance

1. 麗都金融

Lido Finance is a decentralized liquid staking protocol that allows users to stake their crypto assets and earn rewards without locking them up for extended periods. By issuing liquid staking tokens (LSTs), such as stETH for Ethereum, Lido enables users to participate in staking and simultaneously utilize their assets within the broader DeFi ecosystem.

Lido Finance 是一種去中心化的流動質押協議，允許用戶質押他們的加密資產並獲得獎勵，而無需長時間鎖定它們。透過發行流動性質押代幣（LST），例如以太坊的 stETH，Lido 使用戶能夠參與質押，同時在更廣泛的 DeFi 生態系統中利用其資產。

Key Features of Lido Finance

麗都金融的主要特點

Provides a simple and accessible gateway for users to participate in staking, even with smaller amounts of cryptocurrency.

為用戶提供一個簡單且可訪問的網關來參與質押，即使使用少量的加密貨幣也是如此。

Offers high annual percentage rates (APRs) on staked assets, making it an attractive proposition for those seeking passive income.

為質押資產提供較高的年利率 (APR)，這對於尋求被動收入的人來說是一個有吸引力的選擇。

Employs advanced security measures, including experienced node operators and regular audits, to safeguard user funds and minimize risks such as slashing penalties.

採用先進的安全措施，包括經驗豐富的節點運營商和定期審計，以保護用戶資金並最大程度地降低削減處罰等風險。

Lido's native token, LDO, serves as a governance token, allowing holders to participate in protocol decisions and vote on key parameters.

Lido 的原生代幣 LDO 作為治理代幣，允許持有者參與協議決策並對關鍵參數進行投票。

Supported Staking Assets

支持的質押資產

Lido supports staking for various cryptocurrencies across different networks, including:

Lido 支援跨不同網路對各種加密貨幣進行質押，包括：

Ethereum (ETH): Stake ETH and receive stETH.

以太坊（ETH）：質押 ETH 並接收 stETH。

Polygon (MATIC): Stake MATIC and receive stMATIC.

Polygon (MATIC)：質押 MATIC 並接收 stMATIC。

Solana (SOL): Stake SOL and receive stSOL.

Solana (SOL)：質押 SOL 並接收 stSOL。

Polkadot (DOT): Stake DOT and receive stDOT.

Polkadot (DOT)：質押 DOT 並接收 stDOT。

Kusama (KSM): Stake KSM and receive stKSM.

Kusama（KSM）：質押 KSM 並接收 stKSM。

LDO Token and Its Utility

LDO 代幣及其用途

Lido's native token LDO has multiple functions within the ecosystem:

Lido的原生代幣LDO在生態系中具有多種功能：

Governance: LDO holders can participate in Lido DAO, voting on key decisions such as protocol upgrades, fee structures, and node operator selections.

治理：LDO 持有者可以參與 Lido DAO，對協議升級、費用結構和節點運營商選擇等關鍵決策進行投票。

Incentives: LDO tokens can be used to incentivize liquidity providers and users contributing to the growth and stability of the Lido protocol.

激勵：LDO 代幣可用於激勵流動性提供者和用戶，為 Lido 協議的成長和穩定性做出貢獻。

2. Pendle Finance

2. 彭德爾金融

Pendle Finance is a DeFi protocol that allows users to tokenize and trade future yields of yield-bearing assets. By separating the principal and yield portions of an asset, Pendle adopts more advanced yield management strategies, including fixed income, speculation on future yield fluctuations, and unlocking liquidity from staked assets. This innovative approach brings traditional financial concepts (such as interest rate derivatives) into the DeFi space, providing users with greater control and flexibility over their investments.

Pendle Finance 是一種 DeFi 協議，可讓用戶對收益資產的未來收益進行代幣化和交易。透過分離資產的本金和收益率部分，Pendle 採用了更先進的收益率管理策略，包括固定收益、對未來收益率波動的投機以及釋放質押資產的流動性。這種創新方法將傳統金融概念（例如利率衍生性商品）帶入 DeFi 領域，為使用者提供了對其投資更大的控制權和靈活性。

Key Features of Pendle Finance

Pendle Finance的主要特點

Pendle allows users to wrap yield tokens into standardized yield (SY) tokens, which can then be split into principal tokens (PT) and yield tokens (YT). This separation enables independent trading of the principal and future yield portions, facilitating strategies such as locking in fixed income or speculating on yield fluctuations.

Pendle 允許用戶將收益代幣包裝為標準化收益代幣 (SY)，然後將其拆分為主體代幣 (PT) 和收益代幣 (YT)。這種分離使得本金和未來收益率部分能夠獨立交易，從而促進鎖定固定收益或推測收益率波動等策略。

Pendle's Automated Market Maker (AMM) is designed specifically for time-decaying assets like YT, providing optimized pricing and minimal slippage. It supports concentrated liquidity and dynamic fee structures, enhancing capital efficiency and reducing impermanent loss for liquidity providers.

Pendle 的自動做市商 (AMM) 專為 YouTube 等時間衰減資產而設計，可提供優化的定價和最小化的滑點。它支援集中的流動性和動態的費用結構，提高資本效率並減少流動性提供者的無常損失。

Pendle employs a voting escrow token model, allowing users to lock PENDLE tokens to receive vePENDLE. This mechanism grants governance rights, enabling holders to participate in protocol decisions, provide direct incentives to specific liquidity pools, and earn a share of protocol revenue.

Pendle 採用投票託管代幣模型，允許用戶鎖定 PENDLE 代幣以接收 vePENDLE。此機制授予治理權，使持有者能夠參與協議決策，為特定流動性池提供直接激勵，並賺取協議收入的份額。

Supported Staking Assets

支持的質押資產

Pendle supports various yield-bearing assets across multiple blockchain networks, including:

Pendle 支援跨多個區塊鏈網路的各種產生收益的資產，包括：

Ethereum (ETH): Pendle allows tokenization and trading of assets

以太坊（ETH）：Pendle 允許資產代幣化和交易