Babylon (BABY) is a Layer-1 blockchain platform designed to enhance the security of Proof-of-Stake (PoS) networks by leveraging Bitcoin’s security features. It introduces a novel approach called “Bitcoin restaking,” allowing Bitcoin holders to stake their BTC directly on the Bitcoin network without needing custodians or cross-chain bridges. The network is powered by its native token, BABY. 

​Babylon was co-founded by Professor David Tse of Stanford University and Mingchao Yu (also known as Fisher Yu) in January 2022.

• BABY token: The BABY token serves multiple roles within the Babylon network, such as staking and governance. Additionally, BABY may be used to pay for certain protocol services.

• Bitcoin staking without custody: Babylon allows BTC holders to stake their Bitcoin directly without wrapping, bridging, or giving up custody.

• Dual-staking model: Both BTC and BABY tokens can be staked to secure Proof-of-Stake (PoS) networks, offering rewards and enhancing decentralization.

• Layer-1 security integration: Babylon acts as a modular Layer-1 protocol that enhances the security of other blockchains by leveraging Bitcoin’s trust model.

Babylon (BABY) follows a groundbreaking approach to Bitcoin staking without requiring custody or token wrapping. By enabling BTC to secure Proof-of-Stake networks, Babylon unlocks new utility for Bitcoin and enhances security across multiple chains. Its dual-staking model, governance features, and modular design position it as a key player in the growing interchain security landscape. If adoption continues and integration with other networks expands, BABY could become a significant asset in the Bitcoin and broader DeFi ecosystems. 

You can buy BABY from crypto platforms like CoinSwitch.

• BABY can be bought and traded on crypto platforms like CoinSwitch. 

• It facilitates transactions on the Babylon network and pays for protocol services.

• BABY tokens can be staked to secure the networks and earn passive rewards.

• BABY token holders can vote on key protocol decisions on the Babylon network.

• Babylon enables BTC holders to stake directly without wrapping.

• It supports staking of both BTC and BABY tokens.

• It enhances the security of other blockchains by leveraging Bitcoin’s trust model.

• BABY is subject to market volatility like all cryptos.

• Its success relies on integration with other networks.​

• The innovative staking mechanism may be complex for some users to understand.

• Start investing in BABY with just ₹100.

• CoinSwitch provides a seamless and intuitive trading experience for users.

• Easily manage your transactions and portfolio on the app.

Babylon (BABY) conducted its Initial Coin Offering (ICO) on April 9, 2025, via Binance Launchpad, offering 75 million BABY tokens for sale. The token’s launch was highly anticipated, and its price surged by 40% to reach $0.15 shortly after listing. However, the excitement was tempered by airdrop-related controversies, leading to a subsequent price correction.