A few days ago, Babylon announced the launch of turning off on Bitcoin.
From a technical point of view, it is not a native expansion on BTC, but recovered.
In fact, it is possible to keep your BTC on Babylon, to use the proof-of-stake of their indigenous blockchain (which is not the original of Bitcoin.
Repeating Bitcoin
Babylon Labs announced that from April 11, 2025 Bitcoin Stak Service Is successfully activated.
From a technical point of view, this is done by using BTC to provide security for another blockchain based on Proof-of-Stake (POS)The so -called Babylon Genesis. In exchange, a reward can be obtained.
This is a reliable and auto-right bet, so that Bitcoin holders must therefore maintain custody of their BTC.
The Babylon project was conceived in 2023 and therefore required two years of development to be able to enter the market.
Babylon strike has now been introduced his two-week Pivot phase, which one Maximum of 1,000 BTC. As soon as this period ends, Babylon strike becomes permission less, so that everyone can participate.
In the future there will be a phase 3, with which the Babylon strike protocol extends beyond its own blockchain, so that every decentralized network can use Babylon Genesis for the safety and liquidity of Bitcoin.
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Bitcoin and Defi
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From today, the Bitcoin -Blockchain is the third in the world TVL in DefiOnly surpassed by Ethereum and Solana.
Until 2024, however, it had never clearly surpassed the billion dollars to TVL.
From October 2024, however, there was a tree that brought it in just two months upper $ 7 billion. Then it declined somewhat, but the current $ 5.1 billion it places it for BSC, Tron and Base, and just a little behind the $ 7 billion from Solana.
It should be noted that Babylon is now the Defi protocol on Bitcoin with the highest TVL, so this recent increase is due to this project, which now exceeds more than 4.1 billion dollars in TVL.
Nansen’s research
On April 11, Nansen published a Research by Jake Knowledge With the explanation that Babylon could be a cornerstone for the next large chapter of Bitcoin, thanks to the repetition.
By allowing BTC to protect POS chains and at the same time earning rewards, Babylon lays the foundation for an emerging BTCFI Ecosystem, in which Bitcoin is not only retained but is used actively.
In addition, in this specific case, BTC holders can reliably use it in the Babylon blockchain, without the need for wrapping assets. In this way, around 50,000 BTC have already been set out, with continuous integrations with osmosis, Xpla and Bob.
Knowledge points out that Babylon has already registered impressive statistics and has completed the launch in three phases, with phase 2 active since 10 April. According to the Nansen analyst, the basic work would be ready for Babylon to become an essential component for BTC, whereby the most liquid assets in Defi unlock.
However, it also adds that it still needs to be supported. In the past, other comparable protocols, such as self -layer, have had to deal with difficulties, with excessively inactive TVL and relatively uninteresting Apr, due to poor adoption.
But according to knowledge, the solutions offered by Babylon have a greater chance of faster adoption, especially because BTC-based LSTs are a huge advantage for users who can dive immediately.
On the other hand, the tree of TVL Defi on Bitcoin is clear: Babylon has started strongly, so Bitcoin is again aware of the depths of a ranking that is still dominated by Ethereum but with more and more competitors.