比特币（BTC）作为网络继续锁定在DEFI项目中的更多价值。超过$ 8B的硬币已分发给比特币的本机DEFI协议。

比特币（BTC）正在增长其防御影响力，现在超过了锁定在solana（Sol）上的价值。通过锁定或固定的BTC，比特币网络的价值超过$ 8B，超过了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.

比特币（BTC）继续在Defi空间中建立其存在，现在超过了总价值锁定的Solana（SOL）。根据Messari的说法，BTC Defi协议现在总计超过$ 8B的硬币，而Solana则携带$ 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.

巴比伦实验室在2024年底再锁定了23,000 BTC后，仍在锁定BTC的所有价值的50％。巴比伦实验室更多地集中在基于用于安全性的BTC的二级产品上。

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.

尽管熊市和市场波动的波动，但BTC占用的需求仍然存在。订购是无需销售的挖掘价值的方法之一，同时能够收回初始股份。如果BTC在牛市继续进行，BTC Defi可能会增长。最近的估值为目前的价格约为84,000美元，此后高峰价格降低了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增长来自Lombard Finance，这是过去几个月中不断扩大的协议之一。 Lombard Finance锁定了BTC的$ 1.59B以上，成为第二大BTC Defi协议。

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.

在过去的几个月中，根据弥赛亚数据，Lombard Finance的价值锁定了158％。 Lombard Finance发出了一种新的Staging令牌LBTC，用于被动产量。该协议在3月在SUI网络上发布后扩展。与其他基于比特币的DEFI协议一样，Lombard使用以太坊和其他网络来执行DEFI操作。 Lombard Network使用Restainked BTC来建立其价值和安全性。

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.

基于比特币的DEFI是以太坊和其他连锁店的混合，可在几秒钟内提供交易。但是，与ETH相比，BTC是一种更稳定的抵押品和储备资产，而ETH仍然受到负面情绪的压力。

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

BTC主要用作保证，无论是在巴比伦实验室的非监测均值还是在各种包裹的代币上。

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.

总体而言，基于BTC的DEFI已成为以太坊之后的价值锁定的第二大枢纽。除Solana外，BTC Defi还超过了BNB智能链，TRON和其他主要网络。

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协议成为BTC Holdings的第三大协议，价值685美元。该协议将旨在重复战略模型，Mara Holdings和其他杠杆企业买家，尽管建立了BTC储备在链上。

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1亿美元来建立BTC储备，可能与多个公司买家保持同步。即使拥有3,000个BTC储备，一些BTC DEFI协议已经超过了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.

解锁BTC的值时，SOLV将使用BNB智能链进行DEFI活动。 3月12日，该协议启动了solvbtc.bnb，这是一种承重的BTC制作令牌。收益率需要将BTC存入金星方案，这是一种占用形式。将BTC固定的用户将在BNB智能链生态系统中获得各种特权。

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作为抵押品锁定的各种协议的值可能会波动。一个例外是巴比伦实验室，大多数用户保留其令牌。巴比伦实验室是其他协议的最终存款目的地，这些协议代表较小的客户锁定BTC。 BTC中的锁来自Lombard协议和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.

巴比伦实验室持有人相对集中，因为其他代理代表其客户锁定了BTC。非习惯放入意味着所有用户都保留其BTC而没有削减风险，但是可以在Defi生态系统中进行交易和使用衍生资产，主要用于收益。

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.

对BTC Defi的需求是长期锁定令牌的工具之一。虽然有些用户可以撤销或撤回支持，但最近几个月表明，对利用闲置BTC的价值而不是销售的价值提高了兴趣。