Top 5 Lorenzo Protocol Competitors & Alternatives And Similar Restaked BTC Projects

LBTC is liquid, yield-bearing, natively cross-chain, and 1:1 backed by bitcoin.

Bridge , DeFi , Restaked BTC

Bitcoin , BNB Chain , Ethereum

$573,843,953

46,886

n/a

33,642

n/a

SolvBTC staking at Babylon and Core Chain.

DeFi , Restaked BTC

Bitcoin , Ethereum

$60,033,493

342,155

n/a

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All yield-bearing tokens can be used to stake BTC or equivalent assets to generate yield. In return, users receive stBTC and the respective YAT tokens.

Anchor BTC , DeFi , Restaked BTC

Binance , Bitcoin

$21,383

227,833

n/a

n/a

n/a

pSTAKE Finance is a multichain liquid staking protocol for BNB Chain, Solana, Cosmos, and beyond, backed by Binance Labs. Users can securely stake the biggest crypto assets and receive liquid staked tokens (LSTs) called stkTokens that can be used in DeFi to generate additional yield. stkTokens offers one of the highest DeFi yields, thanks to low fees and partnerships with the biggest DeFi ecosystems. pSTAKE Finance helps decentralize networks with its unique stake delegation strategy, powered by an intelligent algorithm based on on-chain decentralization parameters.

Bridge , DeFi , Farm , Restaked BTC

Bitcoin

n/a

73,335

n/a

n/a

n/a

Gate BTC Staking allows users to stake their BTC on the Gate platform in exchange for GTBTC (1:1 ratio), which accrues yield via Gate’s internal staking/earn mechanism; users can redeem GTBTC back into BTC at any time.

DeFi , Restaked BTC

Bitcoin

$215,859,400

n/a

n/a

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