Bitcoin (BTC) $ 95,023.00
Ethereum (ETH) $ 1,798.44
Tether (USDT) $ 1.00
XRP (XRP) $ 2.30
BNB (BNB) $ 605.79
Solana (SOL) $ 147.85
USDC (USDC) $ 0.999955
Dogecoin (DOGE) $ 0.178512
Cardano (ADA) $ 0.702668
TRON (TRX) $ 0.248102
Lido Staked Ether (STETH) $ 1,796.77
Wrapped Bitcoin (WBTC) $ 95,004.00
Sui (SUI) $ 3.51
Chainlink (LINK) $ 15.05
Avalanche (AVAX) $ 21.81
Stellar (XLM) $ 0.282704
LEO Token (LEO) $ 8.98
Toncoin (TON) $ 3.26
Hedera (HBAR) $ 0.191197
Shiba Inu (SHIB) $ 0.000014
USDS (USDS) $ 0.999829
Wrapped stETH (WSTETH) $ 2,162.11
Bitcoin Cash (BCH) $ 353.47
Litecoin (LTC) $ 85.65
Polkadot (DOT) $ 4.24
Hyperliquid (HYPE) $ 18.00
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
Bitget Token (BGB) $ 4.41
WETH (WETH) $ 1,801.66
Monero (XMR) $ 256.15
Ethena USDe (USDE) $ 0.999625
Pi Network (PI) $ 0.615022
WhiteBIT Coin (WBT) $ 29.35
Wrapped eETH (WEETH) $ 1,919.71
Coinbase Wrapped BTC (CBBTC) $ 95,115.00
Pepe (PEPE) $ 0.000009
Aptos (APT) $ 5.54
Bittensor (TAO) $ 380.44
Uniswap (UNI) $ 5.43
Dai (DAI) $ 1.00
NEAR Protocol (NEAR) $ 2.61
OKB (OKB) $ 52.01
Ondo (ONDO) $ 0.974648
Official Trump (TRUMP) $ 14.64
sUSDS (SUSDS) $ 1.05
Gate (GT) $ 22.32
Internet Computer (ICP) $ 5.11
Ethereum Classic (ETC) $ 16.93
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
Aave (AAVE) $ 165.97
Tokenize Xchange (TKX) $ 31.15
Cronos (CRO) $ 0.090787
Kaspa (KAS) $ 0.095324
Mantle (MNT) $ 0.731561
VeChain (VET) $ 0.027237
Render (RENDER) $ 4.49
Ethena Staked USDe (SUSDE) $ 1.17
POL (ex-MATIC) (POL) $ 0.239066
Cosmos Hub (ATOM) $ 4.47
Algorand (ALGO) $ 0.230764
Lombard Staked BTC (LBTC) $ 94,766.00
Artificial Superintelligence Alliance (FET) $ 0.714774
Ethena (ENA) $ 0.333675
Fasttoken (FTN) $ 4.29
Filecoin (FIL) $ 2.76
Celestia (TIA) $ 2.93
Sonic (prev. FTM) (S) $ 0.520971
Arbitrum (ARB) $ 0.335138
Bonk (BONK) $ 0.000020
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 4.10
Worldcoin (WLD) $ 1.13
First Digital USD (FDUSD) $ 1.00
Solv Protocol SolvBTC (SOLVBTC) $ 94,939.00
Jupiter (JUP) $ 0.466538
KuCoin (KCS) $ 10.62
Optimism (OP) $ 0.783503
Stacks (STX) $ 0.842466
Maker (MKR) $ 1,514.67
XDC Network (XDC) $ 0.080001
Binance Staked SOL (BNSOL) $ 154.93
NEXO (NEXO) $ 1.21
Flare (FLR) $ 0.018272
Fartcoin (FARTCOIN) $ 1.10
Quant (QNT) $ 75.82
Sei (SEI) $ 0.214654
Story (IP) $ 4.04
Binance-Peg WETH (WETH) $ 1,797.78
Immutable (IMX) $ 0.589161
EOS (EOS) $ 0.690579
Kelp DAO Restaked ETH (RSETH) $ 1,875.66
Injective (INJ) $ 9.99
USDT0 (USDT0) $ 0.999822
The Graph (GRT) $ 0.098503
Wrapped BNB (WBNB) $ 605.89
Virtuals Protocol (VIRTUAL) $ 1.40
Binance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
PayPal USD (PYUSD) $ 1.00
Curve DAO (CRV) $ 0.643920
Raydium (RAY) $ 2.94
Rocket Pool ETH (RETH) $ 2,042.12
FLOKI (FLOKI) $ 0.000087
IOTA (IOTA) $ 0.222424
Tether Gold (XAUT) $ 3,339.03
JasmyCoin (JASMY) $ 0.016768
Core (CORE) $ 0.804870
Solv Protocol xSolvBTC (XSOLVBTC) $ 93,354.00
Polygon Bridged USDT (Polygon) (USDT) $ 1.00
PAX Gold (PAXG) $ 3,340.75
Bitcoin SV (BSV) $ 39.87
Walrus (WAL) $ 0.618522
GALA (GALA) $ 0.017314
Theta Network (THETA) $ 0.755390
Arbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 95,039.00
Pudgy Penguins (PENGU) $ 0.011909
Lido DAO (LDO) $ 0.837273
DeXe (DEXE) $ 13.14
Jupiter Staked SOL (JUPSOL) $ 163.10
Helium (HNT) $ 4.05
clBTC (CLBTC) $ 95,225.00
The Sandbox (SAND) $ 0.299436
Marinade Staked SOL (MSOL) $ 190.16
USD1 (USD1) $ 1.00
BitTorrent (BTT) $ 0.00000073
Mantle Staked Ether (METH) $ 1,916.65
Kaia (KAIA) $ 0.115283
Usual USD (USD0) $ 0.997860
PancakeSwap (CAKE) $ 2.08
Flow (FLOW) $ 0.406770
Brett (BRETT) $ 0.064537
Onyxcoin (XCN) $ 0.018915
Stables Labs USDX (USDX) $ 0.999644
dogwifhat (WIF) $ 0.618709
Solayer (LAYER) $ 2.94
Ethereum Name Service (ENS) $ 18.17
Decentraland (MANA) $ 0.318443
Movement (MOVE) $ 0.241486
Ondo US Dollar Yield (USDY) $ 1.10
Jito (JTO) $ 1.82
Pyth Network (PYTH) $ 0.160343
Tezos (XTZ) $ 0.552875
Zcash (ZEC) $ 35.80
Renzo Restaked ETH (EZETH) $ 1,883.95
DeepBook (DEEP) $ 0.221280
Pendle (PENDLE) $ 3.37
SPX6900 (SPX) $ 0.580643
Reserve Rights (RSR) $ 0.009290
MANTRA (OM) $ 0.529354
dYdX (DYDX) $ 0.657240
Telcoin (TEL) $ 0.005428
Aerodrome Finance (AERO) $ 0.619998
Kava (KAVA) $ 0.459777
TrueUSD (TUSD) $ 0.999138
MultiversX (EGLD) $ 17.41
THORChain (RUNE) $ 1.39
Sonic Bridged USDC.e (Sonic) (USDC.E) $ 0.999902
uBTC (UBTC) $ 94,865.00
Avalanche Bridged BTC (Avalanche) (BTC.B) $ 94,816.00
Beldex (BDX) $ 0.067144
pumpBTC (PUMPBTC) $ 92,482.00
AIOZ Network (AIOZ) $ 0.399894
Bridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999902
StakeWise Staked ETH (OSETH) $ 1,881.74
Arweave (AR) $ 7.10
Binance-Peg Dogecoin (DOGE) $ 0.178413
Grass (GRASS) $ 1.63
eCash (XEC) $ 0.000023
NEO (NEO) $ 6.30
Starknet (STRK) $ 0.151195
ApeCoin (APE) $ 0.543061
tBTC (TBTC) $ 94,932.00
L2 Standard Bridged WETH (Base) (WETH) $ 1,799.33
OUSG (OUSG) $ 110.86
APENFT (NFT) $ 0.00000042
Conflux (CFX) $ 0.081115
Axie Infinity (AXS) $ 2.58
Polygon (MATIC) $ 0.239057
Wormhole (W) $ 0.089542
Hashnote USYC (USYC) $ 1.09
USDB (USDB) $ 1.00
Chiliz (CHZ) $ 0.042284
Berachain (BERA) $ 3.67
JUST (JST) $ 0.039995
Mantle Restaked ETH (CMETH) $ 1,912.11
Super OETH (SUPEROETHB) $ 1,796.77
Beam (BEAM) $ 0.007276
Compound (COMP) $ 42.61
Popcat (POPCAT) $ 0.386799
Arbitrum Bridged WETH (Arbitrum One) (WETH) $ 1,800.10
Olympus (OHM) $ 21.62
Mantle Bridged USDT (Mantle) (USDT) $ 1.00
Turbo (TURBO) $ 0.005039
Amp (AMP) $ 0.004122
Ronin (RON) $ 0.558303
Axelar (AXL) $ 0.367160
Saros (SAROS) $ 0.131736
Sun Token (SUN) $ 0.017950
ether.fi Staked ETH (EETH) $ 1,786.24
Terra Luna Classic (LUNC) $ 0.000063
Trust Wallet (TWT) $ 0.816264
USDD (USDD) $ 0.999985

Babylon Labs teams up with SatLayer to unlock DeFi for Bitcoin

By admin On Nov 28, 2024

Babylon Labs has partnered with Castle Island Ventures-backed SatLayer to bring the benefits of Bitcoin staking and restaking to more users.

The move aims to offer Bitcoin (BTC) holders the opportunity to explore the decentralized finance ecosystem around the world’s largest and most popular cryptocurrency.

Babylon, whose total value locked has surpassed $2 billion, is a leading BTC staking protocol. The platform eyes further liquidity, shared security, and capital efficiency for BTC holders in this partnership, according to a press release.

In proof-of-stake mechanisms, slashing allows for the punishment of validators’ bad behaviour. The implementation of the mechanism opens up Bitcoin’s utility within the DeFi ecosystem. Users staking BTC help secure PoS chains, rollups, and decentralized applications across the rapidly expanding decentralized finance market.

“Babylon Labs and SatLayer share a vision for Bitcoin’s future as the cornerstone of decentralized ecosystems. Together, we enable applications and infrastructure to harness Bitcoin’s unmatched security while expanding its liquidity through programmable restaking frameworks. The launch of SatLayer’s devnet opens up a new era of Bitcoin-powered innovation for builders everywhere.”

Luke Xie, co-founder of SatLayer.

The collaboration between Babylon Labs and SaltLayer significantly improves staking and restaking on Bitcoin, the platforms said.

Babylon Labs has secured the backing of major venture capital firms in the industry, including Paradigm, which led its $70 million round in June. The protocol also attracted investment from Binance’s incubation and venture capital arm in February 2024.

The $2 billion TVL protocol has partnered with ecosystem players such as Solv Protocol, Lombard and Bedrock to expand the Bitcoin DeFi ecosystem via liquid staking tokens. On Nov. 25, Babylon Labs and Lombard teamed up to bring Bitcoin staking to Sui.

Babylon’s offering allows Bitcoin holders to stake BTC across PoS chains, layer-2 networks and data availability layers, with users earning staking rewards.

Read more: Pantera Capital CEO: Bitcoin can hit $740k as blockchain adoption still lags

Source

admin 12573 posts 0 comments

Prev Post

Bitcoin Miner IREN Surges on Renewed AI Interest, Possible BTC Dividend Payment

Next Post

Bitcoin Surges Past $96K; Eyes $100K Breakthrough

Leave A Reply