Ava Labs and Lombard collaborate to expand BTC.b deeper into DeFi strategies

Avalanche Weekly Overview - November 5, 2025

Welcome to the Avalanche Weekly Overview, the AVAX community’s one-stop-shop for the latest on the network’s metrics, releases, insights, updates, ecosystem developments and more. All in one place.

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Avalanche By The Numbers

• Avalanche Total Value Locked (TVL): $1.56B (-16.46%)

• Avalanche C-Chain daily txns: 1.5M (-28.57%)

• Max transactions per second: 404 (-5.39%)

• Total Avalanche validators: 849 (-0.47%)

• Total Avalanche L1s: 387 (+1.04%)

The percentages and metrics are based on a 7-day timeframe from Token Relations data, unless noted otherwise.

Inside The Network

🔺What we’re watching: Lombard Finance has partnered with BTC.b, the bridged bitcoin asset on Avalanche, from Ava Labs.

🔺Why it matters: Lombard will integrate BTC.b to its decentralized, multi-layered architecture, which powers its LBTC liquid staking token. The company plans to expand BTC.b’s footprint across chains like Ethereum, Katana, MegaETH and Solana while preserving native support for Avalanche users and protocols.

Similar to other wrapped bitcoin solutions, BTC.b is backed 1:1 by bitcoin, and lets holders use it for DeFi applications like lending on Aave or trading on GMX.

Now operating on Lombard’s protocol, BTC.b can be directly minted via its app, skipping KYC gates, as well as permissionless access to bitcoin, enabling the company to embed the asset into yields and vaults directly.

“BTC.b has been the leading Bitcoin asset on Avalanche since its launch, and this transition aims to secure its long-term future while unlocking new growth opportunities,” John Nahas, Chief Business Officer at Ava Labs said in a statement. “Lombard expands BTC.b infrastructure, cross-chain reach, and institutional relationships needed to scale bitcoin’s role in DeFi.”

This partnership can make way for BTC.b’s long-term success on Avalanche, while positioning it for broader connectivity across the wider blockchain ecosystem. This in turn can allow for more dedicated resources, infrastructure, and institutional relationships to be used to enhance BTC.b’s utility and liquidity. All while maintaining Avalanche as a key hub for BTC.b activity and innovation.

🔺The bigger picture: Since Lomboard will house both BTC.b and LBTC, it becomes a platform that offers both yield and non-yield bitcoin assets in a permissionless and interoperable way.

In addition, the collaboration allows both teams to focus on their main mission statements: Ava Labs advancing Avalanche as a performant and composable environment for DeFi, while Lombard is integrating bitcoin through trusted infrastructure and institutional access.

While there are other bitcoin bridges and wrapped solutions out there like tBTC, WBTC and cbBTC, BTC.b now has the potential to stand apart because it enables its permissionless minting, no rehypothecation, and Avalanche-native speed.

Chart Of The Week

Bnry’s Avalanche L1 saw an all-time high of 54.8M active addresses on Nov. 1

Scaling the Ecosystem

• Token Relations’ Avalanche Dashboard shows:

  • Avalanche C-Chain recorded a 30-day high of 7.9M active addresses in October

  • RWA value reached an all-time high of $1.24B

  • Jumper Exchange saw volume surge 111% surge to $28M in the past week

• KITE launched its AI layer-1 token on Avalanche across major exchanges like Coinbase and OKX

• Avalanche’s Granite network upgrade is live on Fuji testnet, bringing greater interchain messaging, biometric logins and faster block times

AVAX Community Wins

• Learn how Dinari enables 24/5 trading onchain by routing orders through traditional markets

• Kokomo Games launched early access for its retro gaming platform on Avalanche

• MapleStory Universe collaborated with Sumsub to deploy digital identity verification for its web3 game

• Spellborne released a marketplace for its in-game monsters

  

Avalanche Archives

Developments that made headlines this week:

• Kite AI: The Base Layer for the Agentic Economy (Avalanche Team1)

• Visa to start supporting stablecoins on four blockchains including Avalanche (Cointelegraph)

Check out the Avalanche blog for more updates.

Join In The Fun

Want to dive deeper into Avalanche?

• Find the latest Ava Labs job postings here

• Participate in the Avalanche GameLoop Tournament for a chance at a $15K prize pool

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This information is for entertainment purposes only. It should not be considered financial advice, nor should it be used to make investment decisions. Cryptocurrencies are high risk and you should consult a financial professional before making any financial decisions. Make sure you do your own research.