Total Value Locked$2.812b
TVL by Chain
Bitcoin$2.812b
Key Metrics
Incentives 1y$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Market Cap$47.59m
$BABY Price$0.0092
Fully Diluted Valuation$101.38m
Outstanding FDV$107.31m
$BABY Volume 24h$3.71m
CEX Volume$4.7m
DEX Volume$373,197(10.07% 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.
Babylon Protocol history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Oct 22, 2024 to Nov 13, 2026.
All-time high TVL: $7.142b on Oct 7, 2025. All-time low TVL: $1.588b on Oct 24, 2024.
Daily TVL, Oct 15, 2026 to Nov 13, 2026
| Date | TVL |
|---|---|
| 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 |
| Oct 24, 2026 | $3.313b |
| Oct 25, 2026 | $3.304b |
| Oct 26, 2026 | $3.277b |
| Oct 27, 2026 | $3.276b |
| Oct 28, 2026 | $3.289b |
| Oct 29, 2026 | $3.302b |
| Oct 30, 2026 | $3.133b |
| Oct 31, 2026 | $3.146b |
| Nov 1, 2026 | $3.171b |
| Nov 2, 2026 | $3.2b |
| Nov 3, 2026 | $3.147b |
| Nov 4, 2026 | $3.173b |
| Nov 5, 2026 | $3.284b |
| Nov 6, 2026 | $3.085b |
| Nov 7, 2026 | $3.094b |
| Nov 8, 2026 | $3.091b |
| Nov 9, 2026 | $3.066b |
| Nov 10, 2026 | $3.076b |
| Nov 11, 2026 | $3.013b |
| Nov 12, 2026 | $3.035b |
| Nov 13, 2026 | $2.922b |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| 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 31, 2026 | $3.146b |
| Nov 13, 2026 (latest) | $2.922b |
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 Nov 13, 2026, Babylon Protocol has $2.812b in total value locked. TVL has decreased 17.1% 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 $0.0092. Its circulating market capitalization is $48.05m, ranking it #593. Its fully diluted valuation is $102.36m. Supply currently stands at 5.195b circulating, 11.067b total supply.
How has BABY performed recently?
BABY is down 22.3% over the past 7 days and down 23.8% over the past 30 days. Its all-time high is $0.17, reached on Apr 12, 2025. The token is currently 94.4% 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 $7.951b across 14 protocols, and Babylon Protocol accounts for 35.4% of that total. Similar protocols include b14g, EigenCloud, Jito Restaking, Valantis stHYPE Restaking, Solayer Restaking, OpenGDP Shared Security, Parasail, Kernel, Suzaku, and Allstake.