Babylon dominated Bitcoin DeFi in 2024, accounting for 80% of its $6.5B TVL with innovative Bitcoin-native staking solutions. Babylon introduced Bitcoin
Bitcoin
Babylon Leads Bitcoin DeFi Growth with 80% TVL Share
Bitcoin DeFi had tremendous growth in 2024, with Total Value Locked (TVL) soaring from $307 million to an astonishing $6.5 billion by 2024s conclusion. Babylon, a novel protocol that became a major player controlling over 80% of the TVL in the industry, was mostly responsible for this amazing increase.
Babylon‘s TVL shot 222% over just two months, completing the year with $5.2 billion locked. It’s a creative idea, bringing staking native to Bitcoin first.
BTCFI BLOWS UP 2,000% – BABYLON RUNS IT
Bitcoin DeFi TVL jumped from $307M to $6.5B in 2024—mostly thanks to Babylon, which runs 80% of the sector.
Babylons TVL went up 222% in two months, locking up $5.2B by year-end; big play—first-ever Bitcoin-native staking.
— Mario Nawfals Roundtable (@RoundtableSpace) January 17, 2025
Babylon: Innovative Staking Model Revolutionizes Bitcoins DeFi Integration
Babylons staking architecture helped to retain its decentralized character while entering the Proof-of-Stake (PoS) space. Users might directly help to secure PoS networks, therefore guaranteeing complete control over their assets without depending on outside guardians or bridging systems.
This was a major turning point since it let Bitcoin, a crypto usually connected to Proof-of-Work (PoW), to easily interact with PoS systems. Such integration not only increased the usefulness of Bitcoin but also changed its possibilities in a fast-expanding DeFi ecosystem.
Launching its Phase-2 testnet, the protocol kept its speed into 2025. This project brought cutting-edge staking techniques incorporating faucet systems promoting greater involvement and a more user-friendly interface. Babylon keeps pushing sectoral innovation and acceptance by allowing a larger audience to access and investigate stake prospects.
Looking back, Babylons contributions show how harmoniously are becoming. The successes of the platform mirror a more general trend whereby Bitcoin is now leading financial decentralization rather than being limited to its traditional function.
The possibility of Bitcoin in DeFi keeps growing as developers and investors gather around these innovations, thereby preparing the ground for a steady increase in the next years.
Furthermore reported by earlier is the debut of On-chain Yields by Binance using Babylon BTC Staking with direct rewards through Babylon Points. This function lets Bitcoin staking on PoS networks happen without third-party custodians or bridge solutions.
Meanwhile, as of writing, BTC is swapped hands at about $103,472.87, a rise over the last 24 hours and a increase over the last 7 days.
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