比特币液体静止代币（LST）的生态系统正在观看令人印象深刻的增长，总价值锁定（TVL）越过了40亿美元。

随着更多的比特币投资者的目标是通过不仅持有，而且持有的资产来扩大其回报，而在Defi协议中的资产，Liquid Stating巩固了其作为首选渠道的地位。

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

比特币液体静止代币（LST）的生态系统目睹了令人印象深刻的增长，总价值锁定（TVL）越过了40亿美元。

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.

随着越来越多的比特币投资者旨在通过不仅持有而是持有，还可以放大他们的回报，而他们在DEFI协议中的资产，Liquid Stating巩固了其作为首选渠道的地位。比特币LST生态系统最近发生的这一爆发肯定源自液体生产产品的普遍优点。

Key Players in the Bitcoin LST Ecosystem

比特币LST生态系统的主要参与者

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.

比特币液体储存是数字资产空间中的一个新兴领域，它使用户能够将其比特币放置，同时不必交出资产访问权限。液体饲养使用户可以同时有效地做两件事：赚取奖励并保留液体对其比特币的访问。该领域的重要主要参与者，例如伦巴第融资，pumpbtcxyz和SOLV协议 - 忙于工作，推动这个年轻的市场前进。

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，总值为20,140.31 LBTC。该协议已将自己定位为比特币液体桩领域中最具指挥力之一。通过让用户有机会利用比特币并获得LBTC代币，Lombard Finance积累了市场流动性的很大一部分。该流动性正在整个Defi宇宙的任何数量中部署，据说Liquid Staking BTC的用户可以从两个产量流中获得好处：Staking和他们可能与LBTC所做的一切。是吗？两个流比一个流更好吗？

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.

紧随其后的是SOLV协议，该方案是一种因其创新的液体积分和分散融资而认可的方案。凭借其固定解决方案，尤其是Solvbtc.bbn代币（拥有10,049.11 BTC的总价值），Solv引起了很多关注。 SOLV协议是成功地将液体融化与各种Defi仪器一起编织在一起，并为用户提供一系列产量养殖和流动性选择。除了该协议以BTC为中心的解决方案和SOLVBTC.BBN外，SOLV还提供了似乎借鉴其核心专业知识的新型工具。这些新工具暗示了一个更广泛的用户群SoV正在求爱：投资者冒险进入各种流动性和收益机会。

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.

在这个领域的另一个重要参与者是PumpBtcxyz，具有6,267.79个PumpBTC，通过其创新的固定机制为比特币持有者提供了流动性和收益机会。 PumpBTC的兴起表明，比特币LST市场不仅限于少数几个主要参与者。

Other Notable Players in the Market

市场上其他著名的参与者

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.

尽管Lombard Finance，SOLV协议和PumpBTCXYZ在比赛中处于领先地位，但其他方案已经开始与迷人的比特币液体溶解解决方案造成非凡的侵害。 Bedrock Defi（与传统的Defi叙述相去甚远），其4,248.44 unibtc汇集了对比特币持有人的堆放解决方案，重点是安全性和可扩展性。由于基岩的建筑，其用户可以自信地利用其资产并获得奖励。 Lorenzo协议的STBTC令牌（最终具有1,451.51 STBTC TVL）也因其出色的液体蒸发机制而获得了吸引力，该机构使用户可以在使用比特币时访问流动性。

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拥有1,197.14 ABTC，正在成为液体比特币桩竞技场的杰出参与者。该协议不仅侧重于可持续性（还有加密货币领域的热门话题），还关注为比特币持有人提供长期产量策略。 Acorn Network提供的风险奖励比率比其他项目目前可用的液体含量更具吸引力。

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.

诸如allo.xyz和Pstakefinance之类的新参与者正在使用自己的液体含有代币驱动创新。由544.13 BTC支持的AlloBTC，PstakeFinance的YBTC，带有300 BTC的TVL，是比特币LST生态系统中越来越多样化的例子。与Coinbase和BlackRock相比，这些玩家要小得多。但是，随着它们的不断发展，新颖的放入策略，流动性机制以及其他比特币LST的几乎没有想象的规定可能会对市场产生深远的影响。

The Future of Bitcoin Liquid Staking

比特币液体的未来

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.

锁定的总价值超过40亿美元，信号增长。长期以来，Defi用户要求能够生成退货的能力，而无需没收对其资金的访问。通过介绍液体积分的概念，协议现在为实现这一目标提供了一种新的方法。

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

在接下来的几个月中，观察这些协议之间的竞争是如何发展的，以及在桩技术中的新进步如何影响景观将是令人着迷的。对液体的兴趣正在迅速发展，这意味着比特币LST的未来是光明的，似乎对加密货币投资者的前景持有很多前景，他们可能会在墙上遇到的快节奏动作