TL;DR: Lorenzo Protocol is partnering with Portal, a cross-chain DEX Network, to integrate Lorenzo’s liquid restaking tokens (LRTs), starting with stBTC. This partnership will boost utility and liquidity on the Bitcoin blockchain, enabling users to earn yield and trade securely across various assets. Future plans include integrating Portal’s Swaps SDK for advanced cross-chain asset exchanges.
We’re thrilled to announce a strategic partnership with Portal, a cross-chain DEX Network designed to match the speed, liquidity, and user experience of centralized exchanges while eliminating the inherent custody risks of bridges and CEXs.
Portal will incorporate Lorenzo liquid restaking tokens (LRTs) into the Portal DEX.
Expanding Into The Portal Ecosystem
Our partnership with Portal will help bring more utility and liquidity to the Bitcoin blockchain, enabling users to leverage their holdings to earn yield across ecosystems.
To kick off the partnership, Portal will be integrating stBTC, Lorenzo’s native liquid principle token (LPT), and then provide support to additional LRTs as they launch. This will enable Portal users to securely, effortlessly trade Lorenzo assets against a wide range of cross-chain and cross-layer assets.
Additionally, we will work to integrate Portal’s Swaps SDK into our infrastructure in the future. For Lorenzo users, this will provide access to advanced swap functionality, enabling cross-chain and cross-layer asset exchanges without the need for bridges or intermediary tokens.
“We are thrilled to partner with Portal to integrate our restaking tokens into their DEX. This collaboration marks a significant step towards enhancing the utility and liquidity of Bitcoin” — Matt Ye, Founder of Lorenzo Protocol.
“We are excited to partner with Lorenzo to integrate their innovative restaking tokens into the Portal DEX. This collaboration aligns perfectly with our mission to enhance Bitcoin’s utility and provide users with more opportunities to put their Bitcoin to work, creating value across different ecosystems and democratizing wealth further.” - Dr. Chandra Duggirala, CEO & Co-Founder of Portal.
About Lorenzo
Lorenzo Protocol is pioneering the development of the first liquid restaking protocol on bitcoin with the goal of becoming the premier platform for yield-bearing token issuance, trading, and settlement through Babylon. On its platform, Lorenzo connects bitcoin stakers — regardless of the size of their holdings — with top-tier projects in need of liquidity and security. It offers streamlined bitcoin management and user protections such as staking insurance, node operator credit scores, anti-slashing mechanisms, and validator permits.
This foundation facilitates seamless integration and interoperability across the ecosystem, providing a pathway for significant liquidity and yield generation across networks.
For more information, please visit and follow the regular updates on X (Twitter), Medium, Telegram, and Discord.
About Portal DeFi
Portal, conceived by a team of veteran Bitcoin and AI engineers, is dedicated to empowering financial self-sovereignty. The Portal Cross-Chain DEX Network is designed to match the speed, liquidity and user experience of centralized exchanges while eliminating the inherent custody risks of bridges and CEXs. Portal is backed by Coinbase Ventures, Arrington Capital, OKX Ventures, Gate.io and many other prominent investors. For more information, visit https://portaldefi.com, X (Twitter), Discord, Medium and Telegram
