比特幣液體靜止代幣（LST）的生態系統正在觀看令人印象深刻的增長，總價值鎖定（TVL）越過了40億美元。

隨著更多的比特幣投資者的目標是通過不僅持有，而且持有的資產來擴大其回報，而在Defi協議中的資產，Liquid Stating鞏固了其作為首選渠道的地位。

The ecosystem of Bitcoin Liquid Staking Token (LST) is witnessing an impressive growth, with the total value locked (TVL) crossing the $4 billion mark.

比特幣液體靜止代幣（LST）的生態系統目睹了令人印象深刻的增長，總價值鎖定（TVL）越過了40億美元。

As more Bitcoin investors aim to amplify their returns by not just holding, but staking, their assets in DeFi protocols, liquid staking has cemented its status as a go-to channel. And this recent burst in the Bitcoin LST ecosystem definitely derives from the generally perceived merits of liquid-staking products.

隨著越來越多的比特幣投資者旨在通過不僅持有而是持有，還可以放大他們的回報，而他們在DEFI協議中的資產，Liquid Stating鞏固了其作為首選渠道的地位。比特幣LST生態系統最近發生的這一爆發肯定源自液體生產產品的普遍優點。

Key Players in the Bitcoin LST Ecosystem

比特幣LST生態系統的主要參與者

Bitcoin liquid staking is an emerging sector within the digital asset space that allows users to stake their Bitcoin while not having to surrender access to their assets. Liquid staking lets users effectively do two things simultaneously: earn staking rewards and retain liquid access to their Bitcoin. Prominent key actors in the space—such as Lombard Finance, Pumpbtcxyz, and Solv Protocol—are busy at work pushing this young market forward.

比特幣液體儲存是數字資產空間中的一個新興領域，它使用戶能夠將其比特幣放置，同時不必交出資產訪問權限。液體飼養使用戶可以同時有效地做兩件事：賺取獎勵並保留液體對其比特幣的訪問。該領域的重要主要參與者，例如倫巴第融資，pumpbtcxyz和SOLV協議 - 忙於工作，推動這個年輕的市場前進。

Lombard Finance is at the front with 20,140.31 LBTC in total value locked. This protocol has positioned itself as one of the most commanding forces in the Bitcoin liquid staking arena. By giving users the chance to stake Bitcoin and receive LBTC tokens, Lombard Finance has amassed a hefty portion of the market’s liquidity. That liquidity is being deployed in any number of directions throughout the DeFi universe, with users of LIquid Staking BTC supposedly reaping the benefits of two yield streams: staking and whatever else they may be doing with LBTC. Is that it? Is two streams better than one?

Lombard Finance在前面，總值為20,140.31 LBTC。該協議已將自己定位為比特幣液體樁領域中最具指揮力之一。通過讓用戶有機會利用比特幣並獲得LBTC代幣，Lombard Finance積累了市場流動性的很大一部分。該流動性正在整個Defi宇宙的任何數量中部署，據說Liquid Staking BTC的用戶可以從兩個產量流中獲得好處：Staking和他們可能與LBTC所做的一切。是嗎？兩個流比一個流更好嗎？

Following closely is Solv Protocol, a protocol recognized for its innovative take on liquid staking and decentralized finance. With its staking solutions, especially the SolvBTC.BBN token—which boasts a total value locked of 10,049.11 BTC—Solv has attracted quite a bit of attention. Solv Protocol stands out for successfully weaving together liquid staking with an assortment of DeFi instruments and providing users with an array of yield farming and liquidity options. Besides the protocol’s BTC-centered solutions and the SolvBTC.BBN in particular, Solv offers new kinds of instruments that appear to draw on its core expertise. These new instruments hint at a much broader user base SOV is courting: investors that venture into all kinds of liquidity and yield opportunities.

緊隨其後的是SOLV協議，該方案是一種因其創新的液體積分和分散融資而認可的方案。憑藉其固定解決方案，尤其是Solvbtc.bbn代幣（擁有10,049.11 BTC的總價值），Solv引起了很多關注。 SOLV協議是成功地將液體融化與各種Defi儀器一起編織在一起，並為用戶提供一系列產量養殖和流動性選擇。除了該協議以BTC為中心的解決方案和SOLVBTC.BBN外，SOLV還提供了似乎借鑒其核心專業知識的新型工具。這些新工具暗示了一個更廣泛的用戶群SoV正在求愛：投資者冒險進入各種流動性和收益機會。

Another significant player in this space is pumpbtcxyz, with 6,267.79 pumpBTC, providing liquidity and yield opportunities for Bitcoin holders through its innovative staking mechanisms. The rise of pumpBTC shows the Bitcoin LST market is not limited to just a few dominant players.

在這個領域的另一個重要參與者是PumpBtcxyz，具有6,267.79個PumpBTC，通過其創新的固定機制為比特幣持有者提供了流動性和收益機會。 PumpBTC的興起表明，比特幣LST市場不僅限於少數幾個主要參與者。

Other Notable Players in the Market

市場上其他著名的參與者

Although Lombard Finance, Solv Protocol, and Pumpbtcxyz are leading in the race, other protocols have started to make extraordinary inroads with captivating Bitcoin liquid staking solutions. Bedrock DeFi—a far cry from the traditional DeFi narrative—has, with its 4,248.44 uniBTC, put together a staking solution for Bitcoin holders with an emphasis on security and scalability. Its users can confidently stake their assets and earn rewards thanks to Bedrock’s architecture. Lorenzo Protocol’s stBTC token (which has, at last count, a 1,451.51 stBTC TVL) has also gained traction due to its excellent liquid staking mechanism, which allows users to access liquidity while they stake their Bitcoin.

儘管Lombard Finance，SOLV協議和PumpBTCXYZ在比賽中處於領先地位，但其他方案已經開始與迷人的比特幣液體溶解解決方案造成非凡的侵害。 Bedrock Defi（與傳統的Defi敘述相去甚遠），其4,248.44 unibtc匯集了對比特幣持有人的堆放解決方案，重點是安全性和可擴展性。由於基岩的建築，其用戶可以自信地利用其資產並獲得獎勵。 Lorenzo協議的STBTC令牌（最終具有1,451.51 STBTC TVL）也因其出色的液體蒸發機製而獲得了吸引力，該機構使用戶可以在使用比特幣時訪問流動性。

Acorn Network, which has 1,197.14 aBTC, is becoming a prominent player in the liquid Bitcoin staking arena. The protocol focuses not just on sustainability—still a hot topic in the crypto space—but also on providing long-term yield strategies for Bitcoin holders. Acorn Network offers a risk-reward ratio that is far more appealing for liquid staking than what’s currently available from other projects.

ACORN Network擁有1,197.14 ABTC，正在成為液體比特幣樁競技場的傑出參與者。該協議不僅側重於可持續性（還有加密貨幣領域的熱門話題），還關注為比特幣持有人提供長期產量策略。 Acorn Network提供的風險獎勵比率比其他項目目前可用的液體含量更具吸引力。

Newer entrants such as allo.xyz and pStakeFinance are driving innovation with their own liquid staking tokens. alloBTC, which is backed by 544.13 BTC, and YBTC from pStakeFinance, with a TVL of 300 BTC, are examples of the growing diversification within the Bitcoin LST ecosystem. These are much smaller players in comparison to Coinbase and BlackRock. But as they continue to evolve, the novel staking strategies, liquidity mechanisms, and other barely imagined provisions of their Bitcoin LSTs could have a profound impact on the market.

諸如allo.xyz和Pstakefinance之類的新參與者正在使用自己的液體含有代幣驅動創新。由544.13 BTC支持的AlloBTC，PstakeFinance的YBTC，帶有300 BTC的TVL，是比特幣LST生態系統中越來越多樣化的例子。與Coinbase和BlackRock相比，這些玩家要小得多。但是，隨著它們的不斷發展，新穎的放入策略，流動性機制以及其他比特幣LST的幾乎沒有想像的規定可能會對市場產生深遠的影響。

The Future of Bitcoin Liquid Staking

比特幣液體的未來

Total value locked exceeds $4 billion, signaling growth. DeFi users have long demanded the ability to generate returns without forfeiting access to their funds. By introducing the concept of liquid staking, protocols now offer a new way to achieve that.

鎖定的總價值超過40億美元，信號增長。長期以來，Defi用戶要求能夠生成退貨的能力，而無需沒收對其資金的訪問。通過介紹液體積分的概念，協議現在為實現這一目標提供了一種新的方法。

Over the next few months, it will be captivating to observe how rivalry among these protocols develops and how new advancements in staking technologies might affect the landscape. An interest in liquid staking that is burgeoning means that the future of Bitcoin LSTs is bright and seems to hold a lot of prospects for crypto investors who either are or are not fiends for the fast-paced action they might experience on Wall

在接下來的幾個月中，觀察這些協議之間的競爭是如何發展的，以及在樁技術中的新進步如何影響景觀將是令人著迷的。對液體的興趣正在迅速發展，這意味著比特幣LST的未來是光明的，似乎對加密貨幣投資者的前景持有很多前景，他們可能會在牆上遇到的快節奏動作