Bybit to Launch LBTC/USDT Spot Trading on September 18

Gate adds Lombard’s DeFi-focused LBTC token, providing a new avenue for yield earning and decentralized finance participation.

USDT
GT
LBTC

Summary

Gate will list Lombard (BARD) for spot trading on September 18, 2025. Lombard aims to enhance Bitcoin's utility through LBTC, a liquid-staked Bitcoin token that enables yield earning and DeFi involvement. The token will be available for trading in the USDT market on the platform.

Terms & Concepts
  • LBTC: A liquid staked Bitcoin token developed by Lombard, allowing participation in decentralized finance and yield earning while being backed 1:1 by Bitcoin.
  • DeFi: Decentralized finance, a blockchain-based form of finance that does not rely on traditional financial institutions like banks, offering financial services through smart contracts.
  • BARD: The token symbol for Lombard’s LBTC, used for DeFi activities, yield earning, and facilitating decentralized financial participation.