Babylon enables native Bitcoin staking to secure PoS blockchains, offering trustless, self-custodial yield without wrapping or bridging. More
| Fully Diluted Valuation | $520.73M |
|---|---|
| 24H Trading Volume | $20.75M |
| 24H Low / High | $0.05 / $ 0.05 |
| Circulating Supply | 2.62B |
| Total Supply | 10.35B |
| Max Supply | ∞ |
| Categories | Decentralized Finance (DeFi) 7 more |
|---|---|
| Founder | David Tse |
| Website | babylon.foundation |
| Socials | |
| Explorer | Xangle 2 more |
| Name | Pair | OG Score |
|---|
Babylon is a blockchain infrastructure project launched in 2022, focused on integrating Bitcoin’s security with Proof-of-Stake (PoS) networks through a native staking protocol. Its flagship product, the Babylon Genesis chain, is the first Bitcoin-Secured Network (BSN), built using the Cosmos SDK for interoperability and scalability.
Babylon allows Bitcoin holders to stake BTC directly on the Bitcoin network, maintaining self-custody without intermediaries, wrapping, or bridging, to secure PoS chains and earn rewards. The protocol uses Bitcoin’s UTXO model and timestamping for secure, efficient stake unbonding, enhancing capital efficiency.
The $BABY token, launched on April 10, 2025, powers the Babylon Genesis ecosystem, facilitating transaction fees, governance, and staking rewards alongside BTC. The project integrates with Cosmos and plans EVM compatibility for broader DeFi applications like lending and derivatives.
Despite a volatile $BABY token launch and a controversial airdrop (600 million tokens distributed), Babylon aims to position Bitcoin as a security backbone for decentralized networks. Its roadmap includes expanding BSNs and multi-staking functionality. The project has raised $96 million from top-tier investors but faces concerns over insider token allocation and market stability.
Babylon’s protocol enables native, trustless Bitcoin staking without third-party custodians, wrapping, or bridges, leveraging Bitcoin’s $1.5 trillion market cap to secure PoS chains. Its timestamping mechanism ensures quick, secure unbonding, and the dual-staking model (BTC and $BABY) supports governance and rewards, creating a liquid, self-custodial DeFi ecosystem.
The co-founder of Babylon is David Tse, a Stanford University engineering professor with expertise in blockchain research. Other team members are not publicly named as founders, but Tse is the primary figure associated with the project’s inception.
Babylon has raised $96 million across multiple rounds, led by Paradigm ($70 million in 2024), Polychain Capital, and Hack VC. Other investors include Framework Ventures, Polygon Ventures, Castle Island Ventures, OKX Ventures, Binance Labs, Finality Capital, Breyer Capital, and Bullish Capital.
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