1 day ago

Babylon Crosses $4B TVL as Trustless Bitcoin Staking Gains Ground in DeFi

TLDR: Babylon Bitcoin staking protocol reached $4 billion in TVL just one year after its official launch. Bitcoin stays locked on its native UTXO chain, keeping assets verifiable without bridging or wrapping. On-chain ZK verification costs dropped from $15,000 to $10–$20, making Bitcoin DeFi far more practical. Babylon plans to integrate with Aave V4, allowing [...]

The post Babylon Crosses $4B TVL as Trustless Bitcoin Staking Gains Ground in DeFi appeared first on Blockonomi.

Source: Blockonomi →