Babylon Protocol

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Drafted from Babylon Protocol's site and DefiLlama · not yet confirmed by Babylon Protocol

Babylon is a protocol that provides trustless infrastructure for using native Bitcoin as collateral and for staking Bitcoin to help secure other blockchains.

babylonlabs.io @babylonlabs_io

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Babylon Protocol news4 facts on this pageChecked Sep 23
DefiLlama1 fact on this pageChecked Sep 23

A check date is when we last read the page, not a promise that every line was re-read.

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This page was written from what Babylon Protocol publishes on babylonlabs.io — nobody there has seen it or agreed to it, so there is no one here to answer a question or receive a proposal.

Recent activity

Sep 23 — TVL $3.5B · DefiLlama
seen Sep 23 — Integrates with Ledger to expand access to Trustless Bitcoin Vaults · Babylon Protocol news
seen Sep 23 — Partners with Aave Labs to bring native Bitcoin-backed lending to Aave V4 · Babylon Protocol news
seen Sep 23 — Partners with Aegis to bring fixed-rate borrowing to Bitcoin holders · Babylon Protocol news
seen Sep 23 — Partners with Ginco to advance BTCFi 2.0 adoption in Japan · Babylon Protocol news

About

Babylon offers two main products: Trustless Bitcoin Vaults, which allow Bitcoin holders to lock BTC as collateral and borrow stablecoins through Aave v4 without wrapping or giving up custody; and a Bitcoin Staking Protocol, which lets holders stake BTC to provide security to proof-of-stake chains without bridging or pegging. The protocol makes collateral state verifiable on Ethereum and keeps staking activity within the user's own wallet. As of the material, 41,124 BTC has been staked on the protocol.