Lombard Finance, a BTCFi ecosystem project incubated internally by Polychain, is gaining attention for its innovative approach to Bitcoin liquidity and yield generation. Unlike traditional Bitcoin holdings, Lombard enables native BTC staking without cross-chain bridges through its Babylon protocol, allowing Bitcoin to participate actively in DeFi and generate income. The project has rapidly scaled, achieving $1 billion in total value locked (TVL) within 92 days and reaching $1.5 billion TVL, surpassing traditional Ethereum staking speeds. Lombard's native yield-bearing Bitcoin token, LBTC, has attracted institutional investors such as Polychain, Franklin Templeton, Binance, and OKX. The platform has expanded across more than ten major blockchains, including Ethereum, Base, Sui, and BNB Chain. Lombard aims to become to Bitcoin what Tether and Circle are to stablecoins, positioning itself as a foundational infrastructure in the BTCFi space. Previous projects on the Buidlpad platform, such as Solayer and Sahara, experienced oversubscription multiples of 4.5x and 7.8x respectively, with high returns, indicating strong market interest ahead of Lombard’s third presale phase. The project is valued at approximately $450 million and is viewed as a key player in making Bitcoin productive within the decentralized finance ecosystem. Meanwhile, StarkWare is exploring similar questions about Bitcoin holders benefiting from their assets without selling, signaling broader industry momentum in BTCFi development.