Ask about Babylon Finance
Logo of Babylon FinanceBabylon Finance(BABL)
Total Value Locked$106,024.87

TVL by Chain

Ethereum$106,024.87

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.

Category:Indexes

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

Enzyme Finance ($84.62m)SoSoValue Indexes ($80.73m)Reserve Protocol ($37.02m)Chamber Vaults ($20.51m)Index Coop ($10.28m)Set Protocol ($10.07m)Asymmetry Finance ($1.7m)PieDAO ($764,979.96)Bundles ($436,825.42)Alongside ($396,824.77)

Frequently Asked Questions

What is Babylon Finance?

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.

What is Babylon Finance's TVL?

Babylon Finance currently has $106,024.87 in total value locked. TVL has increased 3.3% over the past 30 days.

What chains does Babylon Finance operate on?

Babylon Finance operates on Ethereum. Ethereum holds the largest share at 100%.

How does Babylon Finance's TVL compare to similar protocols?

Among Indexes protocols tracked by DefiLlama, Babylon Finance ranks #23 by TVL. The category holds $256.14m across 69 protocols, and Babylon Finance accounts for <0.1% of that total. Other leading protocols include Enzyme Finance, SoSoValue, and Reserve Protocol.