比特币液体固定令牌（LST）市场已经超过了40亿美元的TVL里程碑。

激增向简单的液体放入解决方案展示了新发现的需求，这种方法使比特币持有人在不锁定其令牌的情况下获得了股票奖励。

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

比特币液体固定令牌（LST）市场已经超过了40亿美元的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.

这次涌现展示了对易于液体放入解决方案的新发现的需求，这是一种让比特币持有人在不锁定令牌的情况下获得既定的奖励。这些“ LST”是比特币弥合堆叠缝隙的潜在途径。现在，它们在流动性不足的占有世界中具有诱人，灵活的液体服务。随着分散的金融（DEFI）世界的继续发展，该功能获得了额外的光泽。

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.

这个市场不断扩大，其中一些主要参与者已经开始在其中出现。他们每个人都提供了一些不同的东西，并且他们似乎共同提供了一套可行的条件，在这些条件下，比特币持有人可以利用这些条件。流动性（即可以轻松将您的比特币转换为现金或现金式等效物的能力）似乎是这些工作条件的主要部分。让我们考虑一些更突出的协议，这些方案推动了加密货币生态系统的这一快速增长的部分。

Key Players in the Bitcoin LST Market

比特币LST市场的主要参与者

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.

少数突出的协议在比特币液体堆积空间上摇摆，并确立了牢固的位置，占据了TVL的很大一部分。这仅显示出可用于希望参与放电活动的比特币持有人的各种产品和平台。

– 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击败其余的LBTC，Lombard Finance占据了液体储存市场的头把交椅。他们的平台提供了使用PIN-DROP级的流动性来利用比特币的机会，远胜于其他合成资产甚至多元化的责任管理策略所能获得的。

Solv Protocol:

SOLV协议：

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

SOLV在比特币LST市场上取得了长足的进步，目前将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提供了各种各样的堆积选择，其对液体含有生态系统的贡献已将其定位为该领域的主要力量之一。

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

它的产品（从单一制图到复杂的机会，涉及产量耕作或其他分散的金融（DEFI）原始人）将其投入了领先地位。

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.

比特币LST景观：6,601.24 PumpBTC。该平台在比特币LST景观中为自己奠定了基础，现在正在吸引正在寻找创新机制来制作比特币的用户。由于其独特的产品和以用户为中心的平台设计，PumpBtcxyz正在Defi空间中获得吸引力。

– 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的总价值锁定标记了其领土。在比特币区块链上锁定的总价值为＃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以强调Defi（即分散财务）协议而闻名，为用户提供了灵活的固定选择，从而使他们能够获得奖励，同时仍可以访问其比特币持有量（即，他们用来持有的比特币均使用）。

– 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协议：借助1,263.55 STBTC，Lorenzo协议是一项协议，该协议已进入液体堆积球，并倾向于对用户体验，更具体地说，更具体地说是可访问性。通过提供一种简单明了的放电解决方案，该协议在采用方面迅速增长，尤其是在液体蒸发空间的零售投资者中。 STBTC代表比特币的Staking代币。在加密货币的世界中，当人们谈论比特币时，他们几乎总是指比特币网络的原始货币。

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.

对于比特币，这种货币是STBTC。这是BTC的令牌形式，允许持有人在使用比特币的同时享受和赚取奖励。 STBTC是不可赎回的令牌，可将您固定在生态系统中。您不能像期望使用比特币令牌那样使用STBTC。您正在使用代表固定比特币的令牌。

– 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.

- 橡子网络：持有1,197.09 ABTC的Acorn网络一直在增强动力，为用户提供了不用担心的机会。这一切都是关于橡子的分散治理；除非网络允许他们，否则无法负责的人负责。透明度是橡子的真正价值，它是一个乞求被理解的网络。橡子和ABTC不是家喻户晓的名字。当提到橡子时，一些在线评论员感到困惑：“嗯？”这就是橡子值得我们注意的原因。

– 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

- 附加的贡献：其他有助于生成和开发比特币LST领域的非凡协议是SOLV协议，许多产品诸如1,090.96 solvbtc.ena和882.79 solvbtc.core；和allo.xyz，其中有544.13 allobtc。然后，我们也有Pstake Finance，并以200.01 YBTC的形式增加了锅。这些协议虽然在TVL方面肯定较小，但正在添加