Babylon

Babylon is a decentralized finance application built on its own chain, Babylon Genesis, that sits within the liquid staking and LSDFi categories. It addresses the problem of Bitcoin holders being unable to participate in proof-of-stake security or earn staking yields without giving up custody of their coins. The protocol is designed for Bitcoin holders who want to make their assets productive within decentralized networks.

Babylon operates on the Babylon Genesis chain and falls under the liquid staking model, meaning it issues or facilitates liquid representations of staked assets so that underlying positions can still be used elsewhere in DeFi. The BABY token functions within this ecosystem, though the data on file does not specify the precise governance or fee-accrual mechanics of the token itself. The chain has a block time recorded as zero minutes in the dataset, suggesting near-instant or sub-second block production, but further architectural details are not stored here.

The protocol generated fees of $0.73 over the most recent 24-hour period, $5.17 over the trailing seven days, $23.72 over the trailing 30 days, and $858.81 over the trailing 12 months, with an annualized figure derived from the 30-day window of $288.59. Fees fell by 21.51 percent over the last 30 days. Revenue — meaning the portion of fees retained by the protocol itself — is recorded as exactly $0.00 across the 24-hour, 30-day, and trailing 12-month periods, indicating that all fees collected flow elsewhere, likely to stakers or validators, and nothing is kept by the protocol treasury. As a result, fee-yield and revenue-based valuation measures on this page reflect a protocol that currently retains no earnings.