Babylon Protocol (BABY)
Bitcoin holders can earn yields from their idle bitcoins in a secure way: no third-party trust, no bitcoin bridging to any other chain. Bitcoin holders simply lock their bitcoins in a self-custodial way to gain the rights to validate PoS chains and earn yields as a return. Powered by the fast unbonding and scalable restaking features of the protocol, bitcoin stakers can also enjoy maximal liquidity and yields.
TVL by chain
| Chain | TVL | Share |
|---|---|---|
| Bitcoin | $2.71B | 100.0% |
About Babylon Protocol
Babylon Protocol is a restaking protocol deployed across 1 chain, led by Bitcoin. Total value locked measures the assets currently deposited in its smart contracts — see our TVL definition for how to interpret it. Compare Babylon Protocol against the wider market on the live protocol rankings, or explore current yields across DeFi.
Official website: https://babylonlabs.io