Ask about Babylon Finance
Logo of Babylon FinanceBabylon Finance(BABL)
Total Value Locked$98,336

TVL by Chain

Ethereum$98,336

Key Metrics

Staked$0

Total Raised$1.9m

Mar 4, 2021$1.9mRound: SeedInvestors: Semantic Ventures, Joseph Young, DeFi Alliance, Harvest Finance, Meltem Demirors, Fomosaurus, Dialectic, Nick Chong, Tom Shaughnessy, Ryan Nixon, CoinList, Maple Leaf Capital, Luis Cuende, Konstantine Lomashuk, AngelDAO, Cluster Capital, Darren Lau

Protocol Information

Babylon is a community-led asset management protocol that enables users to invest in DeFi together. It's built on the Ethereum network and it's non-custodial, transparent, permission-less, and governed by the community. Babylonians can create investment communities (called 'Gardens') and invite people to deposit capital. Members participate in the garden by joining the telegram chat, suggesting investment Strategies and voting on Strategies. Members receive rewards based on their contributions.

CategoryIndexes

Audits:

WebsiteGitHubTwitter

Methodology

TVL: TVL of Babylon corresponds to capital locked into each garden (idle capital waiting to be deployed) as well as capital deployed to each strategy of these gardensView code on GitHub

Competitors

SoSoValue Indexes ($76.99m)Enzyme Finance ($75.19m)Reserve Protocol ($39.1m)Chamber Vaults ($19.31m)Set Protocol ($9.25m)Index Coop ($9.19m)Asymmetry Finance ($1.48m)PieDAO ($609,070)Bundles ($396,191)Amun ($379,345)