Babylon
BABY
Native Bitcoin staking protocol securing PoS chains
Performances
RD Popularity Index
RD Growth Index
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.79% | 0.06% | 9.02% | 3.00% | 16.64% | 37.11% |
Comparison
Tokenomics
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Open Markets
| # | Exchange | Pair | Price | +2% depth | -2% depth | Volume (24h) | volume % |
|---|---|---|---|---|---|---|---|
| 1 | HHTXCEX | BABY/USDT | $0.01741 | $36 | $1,077 | $2,028,862 | 31.39% |
| 2 | OOKXCEX | BABY/USDT | $0.01734 | $54,168 | $355,577 | $75,678 | 1.17% |
| 3 | BBithumbCEX | BABY/KRW | $0.01749 | $10,628 | $5,309 | $74,628 | 1.15% |
| 4 | BBingXCEX | BABY/USDT | $0.01731 | $74,350 | $143,529 | $59,605 | 0.92% |
| 5 | BBybitCEX | BABY1/USDT | $0.01731 | $27,601 | $270,806 | $38,100 | 0.59% |
| 6 | BBitgetCEX | BABY/USDT | $0.01735 | $69,513 | $284,785 | $17,102 | 0.26% |
| 7 | PPhemexCEX | BABY/USDT | $0.01733 | $4,844 | $6,323 | $8,056 | 0.12% |
| 8 | KKuCoinCEX | BABY/USDT | $0.01731 | $36,549 | $32,652 | $4,445 | 0.07% |
| 9 | UUpbitCEX | BABY/BTC | $0.01763 | $8,260 | $14,953 | $1,024 | 0.02% |
| 10 | OOKXCEX | BABY/USD | $0.01725 | $2,830 | $2,996 | $44 | 0.00% |
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About Babylon
Babylon is a Bitcoin staking protocol that enables BTC holders to lock their native bitcoins directly on the Bitcoin mainnet via CLTV timelock scripts, providing economic security to PoS chains while retaining self-custody. Its core value proposition is "self-custodial staking": users' BTC never leaves the mainnet, requires no bridging, wrapping, or third-party custody, and can be verifiably slashed if the delegated finality provider commits a provable offense (e.g., double signing). This addresses the long-standing pain point of Bitcoin's idle capital—previously, using BTC in DeFi meant trusting custodians (like WBTC) or bridges, which introduced significant counterparty risks. Babylon solves this by making BTC a native collateral asset without trust assumptions.
In the past six months (Feb–Aug 2026), Babylon has advanced its integration with Aave: a temperature check proposal was submitted on May 25 to bring native BTC as collateral to Aave V4 via "Trustless BTCVaults," with two new spokes (a lending core and a liquidation settlement module) proposed for Ethereum mainnet. The mainnet TVL has remained in the hundreds of thousands of BTC range, with several Cosmos ecosystem chains using Babylon as a supplemental security layer. However, no malicious slashing event has occurred on mainnet yet, meaning the mechanism remains "usable but not battle-tested under extreme conditions." The sustainability of yields and the growth of the secured chain ecosystem are still to be observed over 1–2 years.
Babylon's key milestones include: a $15M funding round led by a16z Crypto (Feb 2024), marking early institutional recognition. The mainnet launch of Babylon Genesis (2025) established a Bitcoin-staking L1. Aave V4 integration proposal (Jan 2026) enables native BTC collateral without bridges, a DeFi breakthrough. Kraken's staking service integration (Dec 2025) brought institutional adoption. Upbit listing (Feb 2026) expanded Asian market access. These events highlight the evolution from funding to infrastructure to cross-chain DeFi and exchange adoption.
Co-founders and current core executives:
David Tse - Co-founder. Professor at Stanford University (Thomas Kailath and Guanghan Xu Professor of Engineering). Previously professor at UC Berkeley. PhD from MIT. Notable awards: Claude E. Shannon Award (2017), IEEE Richard W. Hamming Medal (2019).
Mingchao (Fisher) Yu - Founder & CTO. Previously postdoctoral researcher at USC; senior system engineer at InterfereX Communications (acquired by a NASDAQ-listed company). Developed patented algorithms for network coding and distributed data delivery.
Xinshu Dong - Chief Strategy Officer. Co-founder of RockX and Zilliqa (served as CEO). Background in blockchain industry.
Adam Ettinger - Chief Legal Officer. Over 11 years of experience in blockchain. Educated at Oxford University, Boston University, and UCLA.
Babylon recently saw team changes: Boris Alergant joined as Head of GTM in March 2026.
Meanwhile, Diogo Costa departed from the Head of Comms role in April 2026.