Babylon
BABYOn testnet. Machine-drafted, not yet checked by a person.
Babylon Genesis says it is a blockchain that gets its security from Bitcoin through a Bitcoin staking system. Of the 8 things it promised, it delivered 0, 1 is past due and not yet checked, 7 are still open (7 with no date); nothing dated is coming up. It trades at $0.0108, #451 of all coins by size, 93% below its highest ever price.
This week in the news: upgrade or launch live.
A real job, real backing. Delivered 0 of 8, 1 past due, not yet checked. Nothing dated ahead. #2 of 5 lsdfis. Nothing to be careful of on the record.
Is it real?
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3 of 4
- ✓A real-world jobReal-world purpose: connecting chains
- ✓Real backingBacking: backed by Paradigm; trades on Kraken, Binance, OKX
- –Something aheadA dated step, deliveries on record, or demand showing up in the news.
- ✓Room to growRoom: worth $49.85M, 8 times smaller than Pendle, the biggest coin within reach doing the same thing (LSDFi)
Backed by Paradigm and 2 more
- Origin12 April 2025about about 17 monthsbabylon.foundation, GitHub
- DevelopersNot namedNeither Wikidata nor its listing names the foundersCode activity not checked
- BackingParadigm, Galaxy Digital, Polychain CapitalInvestor tags from CoinGeckoListed on Kraken, Binance, OKX, Bybit
- Standing on the record0 of 80 confirmed by outside news, 1 past due, not yet checked9 headlines last month6,252 people keep it on a CoinGecko watchlistNo corrections needed so far
It is already worth more than the typical coin in LSDFi ($19.54M). To match the leader, Pendle ($408.74M), its price would need to rise 720%, to about $0.0888.
Still to check
- 8 dated promises, none delivered yet
- Only 9 headlines named it last month
What to do Nothing dated is ahead and nothing has been delivered on record. There is no event to wait for yet, which is itself the answer.
A gap is not a forecast. Most small coins never close it. The site never picks.
Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.
Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.
Does it deliver?
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Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it
0 of 8
promises delivered, by the project's own pages
0 of those confirmed by an outside news report
Promises by the year they were due
delivered open past due
delivered open past due, not yet checked today. Click a point to open that promise.
- Past due15 March 2025The project said sign-ups for its token airdrop would be open from February 25, 2025 to March 15, 2025.549 days overdue, not yet checkedProof No article or release reports it shipping. Checked 12 September 2026.
- Openno dateThe project says its Babylon Genesis network will launch as what it calls the first Bitcoin Supercharged Network.
- Openno date121.6 million BABY tokens are set to be unlocked for Binance marketing campaigns six months after the Babylon Genesis network launches.
- Openno date1.8 billion BABY tokens set aside for ecosystem grants and investments are set to unlock over 3 years, with a quarter released at network launch and the rest released gradually starting one year after launch.
Details
“To foster ecosystem growth, 1.8 billion BABY tokens (18%) have been allocated for grants, bounties, investments, marketing and acquisitions. These tokens will be unlocked over 3 years, with 25% unlocked at the Babylon Genesis network launch, and the rest unlocked linearly starting at the first anniversary of network launch.”
- Openno date1.8 billion BABY tokens set aside to fund Foundation operations and research and development are set to unlock over 3 years, with a quarter released at network launch and the rest released gradually starting one year after launch.
Details
“A total of 1.8 billion BABY tokens have been allocated to fund the operations of the Foundation as well as research and development activities for protocol and infrastructure development and advancing native use cases of Bitcoin. These tokens will be unlocked over 3 years, with 25% unlocked at the network launch, and the rest unlocked linearly starting at the first anniversary of network launch.”
- Openno date3.05 billion BABY tokens held by early investors are set to unlock over 4 years, with the first 12.5% released on the first anniversary of network launch and the rest released gradually over the following 3 years.
Details
“Early investors in Babylon are allocated 3.05 billion BABY tokens, following a 4-year unlocking schedule. The first unlocking event occurs on the first anniversary of the network launch, releasing 12.5% of the total allocation. The remaining tokens unlock linearly over 3 years.”
- Openno dateVested team tokens are set to unlock over 4 years, with the first 12.5% released on the later of the network's first anniversary or the team member's one-year service anniversary, and the rest released gradually over the following 3 years.
Details
“Vested tokens are subject to a 4-year unlocking schedule. The first unlocking event occurs on the first anniversary of the network launch, or one year service anniversary, whichever is later. This first unlock releases 12.5% of the total allocation. The remaining tokens unlock linearly over 3 years.”
- Openno date350 million BABY tokens for advisors are set to vest over 4 years on the same schedule as the team's tokens.
What is next, and when?
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Nothing dated
The project has not put a date on anything still open. That is a fact worth knowing.
How big is it next to its rivals?
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Only coins within a hundred times its worth; a coin a thousand times bigger is another world
Connecting chains
9 coins we checked say they are for connecting chains, worth $3.19B together. #9 of 9 by worth.
LSDFi: this coin against its direct competitors
- CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
Babylon$49.85Mthis coin−14.6%no max0 of 8 delivered
Pendle$408.74M8.2× bigger, +$358.89M+4.8%, gap +19.5no maxnone dated
Cloud$24.32M2.0× smaller, −$25.53M−1.4%, gap +13.361% outno record
Dinero$14.75M3.4× smaller, −$35.1M+0.0%, gap +14.697% outno record
Solayer$14.31M3.5× smaller, −$35.54M−2.4%, gap +12.221% outno record
LSDFi: this coin next to Pendle, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.
- Babylon says
- Babylon Genesis says it is a blockchain that gets its security from Bitcoin through a Bitcoin staking system.
- Pendle says
- Pendle describes itself as a platform for trading crypto yield.
Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.
Babylon Genesis says it is a blockchain that gets its security from Bitcoin through a Bitcoin staking system.
Problem it says it solves: connecting chains. 25 coins we have checked say the same; together they are worth $24,850,209,563.
Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.
Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.
What should make me careful?
Nothing printed today
None of the six tests fails. A missed promise counts only on a record a person has checked.
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LSDFi: this coin next to the group's largest, Pendle.
| Babylon | Pendle | |
|---|---|---|
| Years trading | 1 year | 4 years |
| Major exchanges | 7 | 9 |
| Named backers | 3 | 0 |
| Headlines, last month | 9 | 27 |
| Promises delivered | 0 of 8 | no record |
It is 12.2% the size of Pendle. On the facts above it is behind on years trading, major exchanges. For that gap to close, the record would need deliveries showing up in its record, news that names it. Nothing here says it will; the site does not predict.
The tests: nothing to hold it for, more missed than delivered, priced ahead of its record, half the supply still to come, rivals ship while it does not, a big release of coins soon.
The homework: the coin itself, the news, the record
The coin itself
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The last 7 days
Where today sits against its highest ever price
Highest ever: $0.1661 on 12 April 2025. Today is 7% of that.
42%
of all BABY that will ever exist is already out in public hands: 4.6B coins.
58% (6.37B coins) is not yet created or held by the project. That is a majority. Those coins can be sold later, which can push the price down.
out held back. Each dot is 1%.
Runs a staking service
The project stakes other people's coins. What its own coin gets you is whatever its pages say, usually a vote and a share of fees.
- Nothing the project's own pages spell out.
That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.
- 4.6Bin circulation of 10.97B total. No hard maximum is set, so more can be created.
- 2.4×fully diluted value versus today's market cap. The gap is coins not yet released.
- of its all-time high of $0.1661 on 12 April 2025. That is −93.5% from the top.
- #451by market cap, $49,853,447.
- Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.
Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.
- $223.9K is locked in apps built on it right now
- Users paid $25 in fees to use it in the last 30 days
From DefiLlama, refreshed nightly. Fees are what people paid to use the thing; value locked is what they trust it to hold. Facts, not a score.
What the news says
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Headlines per day, last 30 days
9 headlines named this coin in the last month.
What they were about
- Treasury3
Why it movedDown 15% today. Headlines that name it: Why a16z Crypto Just Bought $15M In BABY Tokens To Build Bitcoin Vaults (Yellow.com, 12h ago) Why a16z Crypto Just Bought $15M In BABY Tokens To Build Bitcoin Vaults (Yellow.com, 1d ago)
- Why a16z Crypto Just Bought $15M In BABY Tokens To Build Bitcoin Vaults
- Why a16z Crypto Just Bought $15M In BABY Tokens To Build Bitcoin Vaults
- DeFi Goes Mainstream: Binance Rolls Out On-Chain Yields Program
- Why a16z Crypto Just Bought $15M In BABY Tokens To Build Bitcoin Vaults
- DeFi Goes Mainstream: Binance Rolls Out On-Chain Yields Program
- Adam Ettinger News — Latest Crypto Updates
- Paradigm Leads $70 Million Funding Round for Babylon Bitcoin Project - Bloomberg.com
- Bitcoin Staking Project Babylon Raises $70M Led by Paradigm - coindesk.com
- Institutional roundup: Wormhole raises $225 million, Babylon $18 million - ForkLog
9 headlines in the last month.
Headlines are the publishers' own. News is never placed next to price.
The record itself
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Six facts, the project's own replies, its peers, contract facts, references and every stored copy
Babylon Genesis says it is a blockchain that gets its security from Bitcoin through a Bitcoin staking system.
“Babylon Genesis is poised to be the pioneering Bitcoin Supercharged Network (BSN), leveraging crypto-economic security directly from Bitcoin via the Babylon Bitcoin staking protocol.”source · snapshot · captured 2026-09-10
On testnet. The record does not yet cite when this stage began.
0 of 8 promises delivered. 1 past due with no delivery recorded, not yet checked by a person. 7 open.
Others in interoperability networks: Internet Computer 20 of 23, Artificial Superintelligence Alliance 7 of 43, Algorand 2 of 7, Zilliqa 2 of 26, and 9 more.No public code repository is listed in this record.
The project's docs page last changed on 14 September 2026.
Nothing further to flag from the record as it stands.
This record was drafted by a machine from captured pages and has not yet been checked by a person. Treat every line as unverified until that note changes.