Babylon (BABY) is a cryptocurrency launched in 2025. Babylon has a current supply of 10,417,476,656 with 2,808,662,993.98 in circulation. The last known price of Babylon is 0.0400424 USD and is down -14.31 over the last 24 hours. It is currently trading on 113 active market(s) with $23,937,586.84 traded over the last 24 hours. More information can be found at http://babylon.foundation.
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TL;DR Babylon recorded the largest withdrawal in its history with 14,929 BTC leaving the protocol, drastically reducing its locked funds. The drop coincided with the launch of Genesis L1 and the debut of the BABY token, which quickly lost value after the end of promotional trading.
Bitcoin staking protocol Babylon saw $1.26 billion in BTC unstaked from its platform, plunging the protocol's total value locked by 32%. On April 17, blockchain analytics firm Lookonchain flagged several addresses that had unstaked 14,929 Bitcoin (BTC) from the staking platform.
TL;DR Sui will integrate Babylon's Bitcoin staking protocol and operate as a Bitcoin Secured Network in Phase 3 of the expansion plan. The integration allows BTC staking without bridges or custodians. Babylon will apply its protocol over Sui's Mysticeti consensus, reinforcing its modular, multi-network approach to Proof-of-Stake.