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![0xHvdes Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1404807628493103114.png) Hades Web3 [@0xHvdes](/creator/twitter/0xHvdes) on x 45.2K followers
Created: 2025-07-17 21:14:35 UTC

I think it's a great time to dive into Bitcoin-related DeFi protocols, infrastructure (@Lombard_Finance)

Why? Bitcoin hit $120k this week

Let's look on-chain:

> Lombard reached 267k unique holders (ATH)
> Current Lombard BTC Holders Count is 54k
> Around $1.6b TVL in $BTC (>2b at ATH)

Lombard changes Bitcoin from an idle asset to a utility asset by integrating it into the DeFi ecosystem

It raised $16M from Polychain Capital and others + $1M from YZi Labs (prev. Binance Labs)

They've been building:

1/ Activate liquidity (done): integrating bitcoin into DeFi protocols like Aave, Eigen Layer, and others

2/ Bitcoin Capital Markets (building): cross-chain BTC, middleware suite, DeFi app store, SDK for developers, institutional products

3/ Bitcoin Economy (in queue): base layer for permissionless innovation, like plug and play infrastructure, it unlocks a trillion-dollar opportunity

What do you think about it? Do I need to tweet more about Bitcoin innovations?

![](https://pbs.twimg.com/media/GwFq4zsWMAAygbS.png)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1945955315142234485/c:line.svg)

**Related Topics**
[$btc](/topic/$btc)
[$16b](/topic/$16b)
[holders](/topic/holders)
[onchain](/topic/onchain)
[$120k](/topic/$120k)
[lombardfinance](/topic/lombardfinance)
[web3](/topic/web3)
[bitcoin](/topic/bitcoin)

[Post Link](https://x.com/0xHvdes/status/1945955315142234485)