Total Value Locked$3.326b
TVL by Chain
Bitcoin$3.326b
Key Metrics
Incentives 1y$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Market Cap$59.59m
$BABY Price$0.012
Fully Diluted Valuation$134.01m
Outstanding FDV$141.29m
$BABY Volume 24h$3.83m
CEX Volume$3.86m
DEX Volume$519,830(13.58% 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 17, 2026.
All-time high TVL: $7.142b on Oct 7, 2025. All-time low TVL: $1.588b on Oct 24, 2024.
Daily TVL, Sep 18, 2026 to Oct 17, 2026
| Date | TVL |
|---|---|
| Sep 18, 2026 | $3.138b |
| Sep 19, 2026 | $3.338b |
| Sep 20, 2026 | $3.355b |
| Sep 21, 2026 | $3.361b |
| Sep 22, 2026 | $3.481b |
| Sep 23, 2026 | $3.478b |
| 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 |
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 17, 2026 (latest) | $3.327b |
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 17, 2026, Babylon Protocol has $3.326b in total value locked. TVL has increased 5.9% 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 $0.012. Its circulating market capitalization is $59.59m, ranking it #545. Its fully diluted valuation is $134.01m. Supply currently stands at 4.903b circulating, 11.024b total supply.
How has BABY performed recently?
BABY is down 12% over the past 7 days and up 14.7% over the past 30 days. Its all-time high is $0.17, reached on Apr 12, 2025. The token is currently 92.7% 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 $9.888b across 13 protocols, and Babylon Protocol accounts for 33.6% of that total. Other leading protocols include b14g, EigenCloud, Jito Restaking, Solayer Restaking, OpenGDP Shared Security, Parasail, Kernel, Suzaku, Allstake, and Pell Network.