1 week ago
Babylon Crosses $4B TVL as Trustless Bitcoin Staking Gains Ground in DeFi
BitcoinDeFiAave V4Babylon protocolBitcoin DeFibitcoin stakingBitcoin TVLBTC collateralTrustless BitcoinZero-Knowledge Proof
TLDR: Babylon Bitcoin staking protocol reached $4 billion in TVL just one year after its official launch. Bitcoin stays locked on its native UTXO chain, keeping assets verifiable without bridging or wrapping. On-chain ZK verification costs dropped from $15,000 to $10–$20, making Bitcoin DeFi far more practical. Babylon plans to integrate with Aave V4, allowing [...]
The post Babylon Crosses $4B TVL as Trustless Bitcoin Staking Gains Ground in DeFi appeared first on Blockonomi.
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