Babylon
Babylon Sheds $1.3 Billion in TVL After Mass Bitcoin Unstaking
The unstaking event occurred around the same time as Lombard, another Bitcoin staking platform, announced it would be switching its finality provider.
BABY Surges 25% After Top Bitcoin DeFi Protocol Babylon Launches L1
This past week, top Bitcoin staking protocol Babylon launched its L1 mainnet, Genesis, and native crypto asset, BABY. The protocol also announced a partnership with web3 interoperability platform, Axelar.
Bitcoin DeFi TVL Doubles in a Month Fueled by Babylon Staking Platform
The total value locked in BTCFi soared in mid-December, driven by a weeklong opening of staking platform Babylon, which accounted for 80% of the volume.
Babylon TVL Surges By More Than $3.5B In One Week
Nearly $6 billion worth of BTC is now staked via Babylon.
Babylon Chain Surpasses $3.7 Billion in Bitcoin Deposits
Deposits have increased by 58% over the past week after Binance added support for staking BTC with Babylon.
Babylon Attracts $1.42B In BTC Over 10 Bitcoin Blocks
Users raced to deposit BTC on Babylon to begin earning points.
Babylon Teams Up With Asphere On Bitcoin L2 Infrastructure
L2s deploying on top of the solution will leverage Babylon’s Bitcoin staking layer for security.
