Total Value Locked$3.331b
TVL by Chain
Bitcoin$3.331b
Key Metrics
Incentives 1y$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Market Cap$66.37m
$BABY Price$0.014
Fully Diluted Valuation$149.04m
Outstanding FDV$157.41m
$BABY Volume 24h$6.56m
CEX Volume$6.36m
DEX Volume$803,311(12.25% of total)
Protocol Information
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.
Methodology
TVL: TVL is fetched from Babylon’s Staking API and represents the total Bitcoin locked in the Babylon staking protocol.View code on GitHubIncentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.
Competitors
Babylon Protocol history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Oct 22, 2024 to Oct 23, 2026.
All-time high TVL: $7.142b on Oct 7, 2025. All-time low TVL: $1.588b on Oct 24, 2024.
Daily TVL, Sep 24, 2026 to Oct 23, 2026
| Date | TVL |
|---|---|
| Sep 24, 2026 | $3.407b |
| Sep 25, 2026 | $3.413b |
| Sep 26, 2026 | $3.398b |
| Sep 27, 2026 | $3.411b |
| Sep 28, 2026 | $3.413b |
| Sep 29, 2026 | $3.376b |
| Sep 30, 2026 | $3.391b |
| Oct 1, 2026 | $3.384b |
| Oct 2, 2026 | $3.433b |
| Oct 3, 2026 | $3.424b |
| Oct 4, 2026 | $3.428b |
| Oct 5, 2026 | $3.495b |
| Oct 6, 2026 | $3.479b |
| Oct 7, 2026 | $3.463b |
| Oct 8, 2026 | $3.375b |
| Oct 9, 2026 | $3.316b |
| Oct 10, 2026 | $3.35b |
| Oct 11, 2026 | $3.369b |
| Oct 12, 2026 | $3.401b |
| Oct 13, 2026 | $3.317b |
| Oct 14, 2026 | $3.393b |
| Oct 15, 2026 | $3.328b |
| Oct 16, 2026 | $3.354b |
| Oct 17, 2026 | $3.327b |
| Oct 18, 2026 | $3.325b |
| Oct 19, 2026 | $3.363b |
| Oct 20, 2026 | $3.334b |
| Oct 21, 2026 | $3.385b |
| Oct 22, 2026 | $3.439b |
| Oct 23, 2026 | $3.322b |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $2.318b |
| Dec 31, 2024 | $5.286b |
| Jan 31, 2025 | $5.945b |
| Feb 28, 2025 | $4.711b |
| Mar 31, 2025 | $4.341b |
| Apr 30, 2025 | $4.615b |
| May 31, 2025 | $4.961b |
| Jun 30, 2025 | $4.889b |
| Jul 31, 2025 | $5.192b |
| Aug 31, 2025 | $6.162b |
| Sep 30, 2025 | $6.661b |
| Oct 31, 2025 | $6.251b |
| Nov 30, 2025 | $5.047b |
| Dec 31, 2025 | $5.392b |
| Jan 31, 2026 | $4.899b |
| Feb 28, 2026 | $3.275b |
| Mar 31, 2026 | $3.497b |
| Apr 30, 2026 | $3.924b |
| May 31, 2026 | $3.767b |
| Jun 30, 2026 | $3.092b |
| Jul 31, 2026 | $2.747b |
| Aug 31, 2026 | $3.044b |
| Sep 30, 2026 | $3.391b |
| Oct 23, 2026 (latest) | $3.322b |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $5.286b |
| Dec 31, 2025 | $5.392b |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/babylon-protocol
Frequently asked questions
What is Babylon Protocol's TVL?
As of Oct 23, 2026, Babylon Protocol has $3.331b in total value locked. TVL has decreased 4.2% over the past 30 days.
What chains does Babylon Protocol operate on?
Babylon Protocol operates on Bitcoin. Bitcoin holds the largest share at 100%.
What is the BABY token price and valuation?
BABY is currently trading at $0.014. Its circulating market capitalization is $66.37m, ranking it #497. Its fully diluted valuation is $149.04m. Supply currently stands at 4.914b circulating, 11.035b total supply.
How has BABY performed recently?
BABY is up 9.3% over the past 7 days and up 3.6% over the past 30 days. Its all-time high is $0.17, reached on Apr 12, 2025. The token is currently 91.9% below that level.
How does Babylon Protocol's TVL compare to similar protocols?
Among Restaking protocols tracked by DefiLlama, Babylon Protocol ranks #2 by TVL. The category holds $9.852b across 13 protocols, and Babylon Protocol accounts for 33.8% of that total. Similar protocols include b14g, EigenCloud, Jito Restaking, Solayer Restaking, OpenGDP Shared Security, Parasail, Kernel, Suzaku, Allstake, and Pell Network.