# Lombard-Led Twitter Space Session Explores LBTC Integration on Sui Network
Lombard recently hosted the second session of their ongoing Twitter Space series on March 10, featuring discussions on the utilization of LBTC (Lombard Bitcoin) within the Sui network in collaboration with Aftermath and Navi Protocol. Participants explored ways to expand LBTC-based liquidity on Sui and shared various strategies for leveraging DeFi opportunities and generating returns.
# LBTC Gains Traction on Sui Network, Expanding Liquidity
LBTC, designed to maximize the on-chain utility of Bitcoin, is being integrated across multiple blockchain networks by Lombard. The adoption of LBTC on the Sui network has accelerated swiftly, with approximately 200 LBTC (valued at around $200,000) flowing into the network within a day of its launch.
Jacob, co-founder of Lombard, emphasized, “With LBTC being actively utilized on the Sui network, on-chain financial applications using BTC are evolving beyond traditional Bitcoin Layer 2 solutions.” He added, “We will closely collaborate with major DeFi protocols to maximize LBTC’s utility on the Sui network.”
# Aftermath and Navi Protocol Unveil LBTC-Driven DeFi Strategies
The introduction of LBTC is further expanding DeFi utility on the Sui network. Aftermath and Navi Protocol outlined their strategies for derivative products and liquidity provision based on LBTC.
### Navi Protocol: Liquidity Hub of the Sui Network
Karl, BD lead at Navi Protocol, stated, “As a key liquidity layer in Sui, Navi Protocol will maximize LBTC’s utility. We aim to support users in staking LBTC and engaging in diverse DeFi strategies through lending and other mechanisms.” Navi Protocol also plans to simplify asset transfers between EVM, Solana, and Sui networks using its cross-chain aggregator functionality.
### Aftermath: Boosting BTC-Based Derivatives Market
RTX co-founder of Aftermath highlighted the importance of BTC as a fundamental digital asset and its vital role as collateral in the DeFi market. Aftermath intends to enhance LBTC’s utility by offering on-chain derivatives (perpetuals) and liquidity pools based on BTC. The initiative aims to invigorate BTC-based derivatives trading, leveraging LBTC as collateral.
# Accelerating DeFi Innovation with LBTC and Sui Network
Participants underscored the impact of combining Sui network’s technical strengths with LBTC on the DeFi ecosystem. RTX noted, “Thanks to Sui’s on-chain verification system and scalability, we can implement faster and more efficient DeFi strategies compared to traditional blockchains.” Karl added, “The synchronization of LBTC’s on-chain registration with Sui’s high-speed trading features will create a smoother environment for executing DeFi strategies.”
# Sustained Growth for LBTC-Based DeFi Ecosystem Anticipated
In the session’s conclusion, discussions focused on the future development of the Sui DeFi ecosystem leveraging LBTC. Navi Protocol announced plans to introduce an LBTC-backed insurance fund and new DeFi strategies by Q2. Aftermath revealed intentions to launch derivatives and new meta-stable products using LBTC as collateral. Lombard highlighted the rapid emergence of high-yield DeFi products leveraging LBTC on the Sui network.
The Twitter Space session confirmed that Sui network’s LBTC integration is opening new DeFi opportunities, supporting BTC holders in moving beyond simple asset retention to actively participating in various DeFi strategies. Lombard remains committed to further integrating LBTC with Sui and other blockchains to fortify the DeFi infrastructure.
