Babylon

Babylon is an infrastructure company that builds Bitcoin collateral solutions on the Bitcoin network. Babylon’s infrastructure makes native Bitcoin usable as collateral on any chain and in any application, supporting a variety of use cases ie lending, stablecoins, protection, derivatives, and real-world assets. Babylon's staking protocol generated over 70,000 BTC staked at peak and the new protocol Trustless Bitcoin Vaults with the first use case Native Bitcoin Backed Borrowing with Aave v4 is live on Public Testnet and has secured over 3,000 BTC in commitments. Babylon's infrastructure is trustless, permisssionless, self custodial and uses native Bitcoin, no bridging, wrapping or centralised intermediaries.