babylon14
$baby
MCAP56.39M
+5.28%

what's babylon?

Babylon is a layer-1 blockchain project that enables trustless Bitcoin staking, allowing BTC holders to secure proof-of-stake networks while maintaining self-custody and earning rewards. Founded by Stanford researchers, it unlocks Bitcoin's idle capital for PoS security without bridges or wrapping. Key features include the Bitcoin Staking Protocol, which has attracted over $3 billion in TVL, and the upcoming Trustless Bitcoin Vaults for programmable BTC liquidity in DeFi across chains. The project is advancing toward its Genesis mainnet launch, with testnets battle-testing features like finality providers and timestamping. Babylon aims to activate $100 billion in Bitcoin for DeFi, enhancing security and liquidity in the ecosystem.

Snapshot

Babylon captured 40-50% market share in early 2025; a bug was resolved, a new flaw disclosed.

3D ago
ONCHAIN METRICS

Captured approximately 40-50% market share among Babylon-based liquid staking tokens during early 2025.

RISK ALERT

Identified and resolved a bug affecting Babylon Genesis node code through the bug bounty program on 2025-12-04 at 10:30 UTC, with potential impact limited to slowed block time (not staking code or staked Bitcoin).

4D ago
RISK ALERT

A newly disclosed flaw allows malicious validators to omit the block hash field when sending vote extensions, potentially disrupting the consensus process and causing crashes during epoch boundaries.

6D ago
TECH EVENT

Developing a new protocol called Trustless Bitcoin Vaults (BTCVaults) designed to provide functional utility for the BABY token through its intended role in vault usage and operation.

FINANCIAL EVENT

Raised $15 million in funding from a16z crypto to support development and scaling of the Trustless Bitcoin Vaults protocol.

3W ago
VISIBILITY EVENT

nominated for the "Best In Yield" award at The Rollup's awards ceremony scheduled for December 30th, 2025

1M ago

Collaborates with DSRV Labs, Korea's leading blockchain infrastructure and validator provider, for BTCFi 2.0 development with DSRV operating as Finality Provider and BABY validator while evaluating regulated infrastructure including KRW stablecoin integration.

Babylon collaboration enables bBTC to be used as collateral in Aave V4.

TVL ranking drops from #9 in December 2024 to #10 in December 2025, remaining in the top 20 DeFi protocols by total value locked.

Co-staking mechanism launches, allowing users to stake both BTC and BABY tokens simultaneously, where BTC generates base rewards and BABY amplifies them for higher yields than staking either token alone.

Binance Simple Earn adds support for trustless Bitcoin staking, expanding beyond the previously announced On-Chain Yields platform integration.

Binance launches BTC staking product for Babylon on its On-Chain Yields platform, offering up to 2.5% APR paid in BABY token rewards.

A technical workaround enables users to exit staked positions with reduced unbonding fees, tested and approved by the team.

Aave V4 integration testing begins Q1 2026, with governance approval targeted for April 2026 for native BTC collateral support.

Partnership announced with Aave to build the first native Bitcoin-backed Spoke on Aave V4, enabling BTC lending and borrowing without wrappers, bridges, or custodians.

Partners with Ginco, Japan's leading institutional wallet provider, to integrate Trustless BTC Vault technology into Ginco Enterprise Wallet enabling institutions to stake BTC directly from cold storage, with Ginco operating as Finality Provider and Validator while adding BTC/BABY co-staking support.

CTO Fisher Yu joins main stage panel at Binance Blockchain Week Dubai on December 3rd (15:20-15:45) with representatives from Polygon, Algorand, and Aptos.

Partners with Infinite Block, Korea's leading VASP-licensed institutional custody provider, for research collaboration on institutional BTCFi 2.0 and Trustless Bitcoin Vaults ahead of mainnet launch targeting Korean institutions.

b14g_network Merge Marketplace goes live on Babylon offering co-staking at 45% APR, enabling BTC holders to stake self-custodially and match with BABY stakers at 1 to 20K ratio.

Babylon sponsors Binance Blockchain Week Dubai at Gold+ tier with dedicated booth presence.

Ranks #7 among top DeFi projects by development activity per Santiment, down from previous month's ranking.

Enters strategic collaboration with Bflux for institutional BTCFi expansion in Japan and Asia, developing trustless BTC lending models for regulated environments with joint research underway and planned co-marketing push in Japan.

Announces partnership with Happy Block, a digital asset prime brokerage and VASP, combining BTC Vaults Protocol with institutional compliance framework to onboard institutional clients, with teams engaged in joint research on institutional use cases.

Binance Simple Earn launches Locked Products for BABY token offering up to 29.9% APR during promotional period.

Announces research partnership with Parataxis Korea on BTC Treasury 2.0 using Trustless Bitcoin Vaults for institutional treasury management, with offline investor sessions planned later this month.

b14g_network Merge Marketplace launches on Babylon, enabling co-staking where BABY holders get matched with BTC stakers for yields up to 80% APY compared to 10% APY for solo staking.

Demonstrates borrowing USDC against native BTC on Ethereum Mainnet with Morpho.

Co-hosts Native BTCFi Summit with @build_on_bob in Buenos Aires during Devconnect week, described as the biggest Bitcoin DeFi gathering of the week with panels and keynotes. Events include Bitcoin Café featuring David Tse and a scavenger hunt offering OneKeyHQ wallet giveaways.

Babylon Genesis activates Stake Expansion feature allowing Phase-1 BTC stakers to extend expiring stakes and increase staked amounts without needing to unbond first.

2M ago

Tower x Babylon airdrop of 10,000,000 $BABY tokens concludes with distribution to 1,236 eligible addresses at conversion rate of 1 Tower Point ≈ 0.03 $BABY. babyDEX frontend shuts down starting January 2026 with users advised to withdraw liquidity.

$BABY displays 1023.06% APR funding rate arbitrage opportunity in current market conditions.

Governance proposal #18 reduces annual inflation from 8% to 5.5%, introduces co-staking rewards for BTC and BABY holders, and allows BTC stakers to extend timelocks without unbonding.

solvBTC stakers receive continuous airdrops of $BABY tokens through integration with Solv Protocol.

Protocol plans future buy-and-burn mechanisms for $BABY token tied to actual usage, governance, and protocol fees.

Major mainnet upgrade scheduled for next week.

Users can now add EVM addresses to their wallets to receive BTCfi rewards distributed on Ethereum through wallet connection and ownership verification.

Project ranks #7 in development activity among DeFi projects but shows declining position since last month.

Protocol activates over $6B in Bitcoin through Trustless Staking Protocol and announces next phase enabling native BTC to flow into DeFi markets without bridges, wrappers, or custodians.

Co-staking reward mechanism uses formula where 20,000 BABY tokens boost 1 BTC's reward weight. First Native BTCFi Summit co-hosted with Build on Bob, Boundless, Ankr, LayerZero, 1inch, and Beefy Finance on November 20 in Buenos Aires.

Team restructures to become 70%+ engineering focused, shifting priority from partnerships to product development.

BTCfi Flywheel points applied to all eligible wallets for BTC LST transfers, BABY staking with Escher, and DEX LP activities, with conversion to rewards scheduled within the next few weeks.

Participates in panel discussion at Hack Seasons Singapore alongside Mastercard, Mercuryo, and Cantina examining barriers to mainstream crypto adoption.

VCs pivot away from pumping BABY token toward older coins like ZEC, with warnings that retail investors face potential losses from this shift in market dynamics.

Completed first experiment successfully borrowing USDC against native BTC on Ethereum Mainnet in collaboration with MorphoLabs.

Mainnet experiments successfully demonstrate feasibility of trustless BTC-backed lending on Ethereum, utilizing garbled-circuit based ZK verification that reduces on-chain fees by over two orders of magnitude from BitVM2 and integrating smart contracts with the Morpho lending protocol.

Testnet-6 goes live with upcoming v4 upgrade to implement co-staking and introduce stake extension functionality.

SolvBTC stakers receive BABY token airdrops through SolvProtocol throughout 2025, representing a distribution partnership not previously reported.

3M ago

BTC staking TVL surpasses $7B with Kraken contributing 20K BTC, governance passes inflation reduction from 8% to 5.5%, and Trustless Bitcoin Vault MVP launches enabling BTC-backed lending with a mainnet experiment starting this week.

Babylon ranks #6 among DeFi projects by development activity according to Santiment, with a decline in ranking position since last month.

A major token unlock of 321.6M tokens (~24.74% of supply) is scheduled for October 10, 2025.

The co-staking proposal receives YES vote with detailed mechanics disclosed: 20,000 BABY tokens required per 1 staked BTC for eligibility, meaning 1.16bn BABY needed to cover all 57,759.9 BTC currently staked versus only ~690m BABY float available from 2.67bn circulating supply.

A signalling proposal is now live to reduce inflation from 8% to 5.5% and introduce BTC-BABY co-staking mechanism to reward deeper commitment and incentivize validators and finality providers.

BTC staking through Babylon is now available in the United States via The New Money App, allowing US users to earn rewards while holding Bitcoin.

Testnet-5 sunsets October 9 and will be replaced by Testnet-6 to align with the upcoming Babylon Genesis release; users must unbond and withdraw Signet BTC before the deadline.

Quarterly Founders Call scheduled for October 7 featuring founders dntse and baby_fisherman, covering Q3 recap, Q4 roadmap, and live Q&A session.

Lombard has moved over $3B in Bitcoin as net-new liquidity to 13 blockchains using Babylon's Bitcoin Staking Protocol, offering 1% base APY staking yield with additional DeFi vault opportunities yielding around 3% APY.

Babylon Labs representative Xinshudong confirmed to speak at Token2049 Singapore conference on October 2, 4:00-4:15 PM on the TON Stage.

Pumpbtcxyz partners with Tower DEX to expand BTCFi liquidity, while the platform integrates Bitcoin liquidity, gaming infrastructure, and RWA tokenization into a unified stack.

Major presence at Korea Blockchain Week includes speaking on Bitcoin staking, hosting Bitcoin Night, and building partnerships with Xangle, DBN, and NodeOps.

4M ago

Tower DEX launches as a comprehensive platform built specifically for Babylon Genesis and BTCFi, integrating token swapping, liquidity, governance, NFTs, and incentives into one hub.

Cradle DEX announces upcoming integration with Genesis for enhanced BTC liquid staking token functionality.

New BitVM3 implementation enables trustless Bitcoin vaults with native BTC collateral for lending, stables, and perpetuals without wrapping or bridges.

Protocol demonstrates high efficiency with unstaking transactions generating 12% monthly fees while using only 0.75% blockspace, peaking at 36% fee generation.

New $100M commitment secured from major BTC staking protocols (Bedrock, Solv) while Union integration enables routing of 98% BTC LST volume through the protocol.

Kraken exchange integrates BTC staking protocol with no lockups and weekly BABY rewards.

Direct staking integration enables OAS token staking with 10% APY, while 3B+ tokens are already staked with only 40% remaining in free float circulation.

New partnership with Oasys blockchain enables RWA tokenization, starting with $75M Tokyo real estate project scaling to $200B.

Lombard's LBTC emerges as dominant asset within protocol, signaling shift in liquid staking dynamics.

Major institutional custodians Anchorage and BitGo are integrating while listed companies begin exploring BTC treasury strategies with vaults and staking capabilities.

Protocol reaches $5B in BTC staked, achieving top 10 BTC TVL status while launching BitVM3 vaults

Current TradFi lenders offer double-digit BTC yields while DeFi yields remain under 5%, creating competitive pressure in the BTCfi ecosystem.

Strategic partnerships formed with NexusMutual and Cosmos ecosystem (via Lombard/Neutron) to enhance security and cross-chain capabilities.

Kraken becomes top finality provider after receiving massive bitcoin stake allocation in past 48-72 hours.

Strategic Fund launches following completion of Social Airdrop program.

5M ago

Major validator Stakecito votes YES on proposal #13 to implement automatic token burns using BSN rewards, with strong validator support for Option-2.

New governance proposal #13 enables $BABY holders to either share BSN rewards with stakers or burn tokens via auctions, with voting ending August 11.

Trustless vaults enable cross-chain BTC lending and trading settlement through ZK technology without requiring BTC wrapping or movement.

Launches Trustless Bitcoin Vaults enabling native BTC integration for DeFi applications including lending and stablecoin collateral.

BOB testnet successfully integrates with devnet; mainnet integration planned for later this year.

Holders can now activate Nansen Points and redeem partner rewards directly in app.

New SlayDrop airdrop announced for Genesis users in partnership with Satlayer.

New LBTC staking program offers 1% APY yield paid in BTC through Lombard Finance integration.

TVL grows to $5B with ecosystem expanding to 50+ projects; BSN rewards program launching soon.

New trustless Bitcoin vaults enable direct BTC collateralization for perp and lending protocols without bridging requirements.

TAC blockchain becomes Bitcoin-supercharged, integrating EVM DeFi with TON and Telegram ecosystem.

Protocol reaches 45k BTC in total value locked

New institutional conference 'Bitcoin Renaissance' announced for September 30 in Singapore, focusing on BTC infrastructure and institutional capital.

Development of native BTC restaking infrastructure begins, advancing technical implementation.

BABY holders gain access to Nansen Points system and premium partner perks.

New multi-staking program launches with 25,000 BTC cap and 2% inflation rewards for BTC/BABY co-stakers, currently managing $5.06B TVL at 0.45% APR.

BTC staking quota now tied to BABY staking amount, introducing cross-asset alignment requirement.

Social airdrop distributes 600M tokens (6% of 10B supply) to Phase1 contributors, closing August 4.

New staking program reveals 8% total inflation rate with 3% allocated to BABY, 3% to BTC, and 2% to co-stakers, with staking points determined by snapshot two weeks before launch.

New dual staking program launches with 25,000 BTC cap and 2% inflation rewards for BABY+BTC stakers, requiring BTC staking before September 1 deadline.

@use_corn joins BSN ecosystem, expanding Bitcoin security network participants.

New uniBTC pool launches on Penpie offering triple rewards including 27% APY, Bedrock Diamonds, and protocol points.

Protocol secures over 44,000 BTC ($1.9B) in native Bitcoin staking without wrapping or bridging requirements.

SatLayer reaches new milestones with $500M+ TVL, 420K+ restakers, and launches Cube - the first liquid staking protocol for BABY token.