Infrastructure for Native Bitcoin Credit Market

Babylon is an infrastructure project that builds Bitcoin collateral solutions on the Bitcoin Network.

0.00 BTC
Total Staked BTC
$32.1
TVL
$110M
Total Raised

Bitcoin Staking

Lock native Bitcoin to help secure proof-of-stake chains. Earn staking rewards while keeping full custody of your Bitcoin. No wrapping, no bridging, no third-party risk.

Trustless Bitcoin Vaults

TBV lets native Bitcoin be used as collateral on any chain and in any application, without wrapping, bridging, or relying on intermediaries.

Trustless Bitcoin Vaults

Trustless Bitcoin Vaults

The problem

Around 3% of Bitcoin is used as collateral, on-chain and off-chain combined. For gold, the figure is around 10%. For ETH, it is around 20%. Bitcoin has limited programmability, so using it as collateral has meant taking on counterparty risk.

The solution

TBV lets native Bitcoin be used as collateral on any chain and in any application, without wrapping, bridging or intermediaries. The Bitcoin stays locked on the Bitcoin network, in a self-custodial BTCVault the holder creates and activates.

The first use-case

Native Bitcoin-backed borrowing is the first use-case, starting with Aave v4 on Ethereum. Bitcoin holders can post native Bitcoin as collateral and borrow stablecoins against it.

The problem

Around 3% of Bitcoin is used as collateral, on-chain and off-chain combined. For gold, the figure is around 10%. For ETH, it is around 20%. Bitcoin has limited programmability, so using it as collateral has meant taking on counterparty risk.

The solution

The first use-case

The problem

The solution

TBV lets native Bitcoin be used as collateral on any chain and in any application, without wrapping, bridging or intermediaries. The Bitcoin stays locked on the Bitcoin network, in a self-custodial BTCVault the holder creates and activates.

The first use-case

The problem

The solution

The first use-case

Native Bitcoin-backed borrowing is the first use-case, starting with Aave v4 on Ethereum. Bitcoin holders can post native Bitcoin as collateral and borrow stablecoins against it.

How Native Bitcoin-backed Borrowing Works

1. Lock

Lock native Bitcoin into self-custodial BTCVault on the Bitcoin network.

2. Activate

Aave v4 recognises that Bitcoin as collateral, enabling borrowing of supported assets.

3. Borrow

Borrow supported assets such as USDC/USDT on Aave v4.

4. Repay

Repay the borrowed assets plus interest to withdraw or reduce the position.

5. Unlock

A challenge period verifies the withdrawal. Native Bitcoin is returned to the nominated wallet address.

1. Lock

Lock native Bitcoin into self-custodial BTCVault on the Bitcoin network.

2. Activate

Aave v4 recognises that Bitcoin as collateral, enabling borrowing of supported assets.
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3. Borrow

Borrow supported assets such as USDC/USDT on Aave v4.
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4. Repay

Repay the borrowed assets plus interest to withdraw or reduce the position.
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5. Unlock

A challenge period verifies the withdrawal. Native Bitcoin is returned to the nominated wallet address.

Trustless Bitcoin Staking

Bitcoin Staking

Receive rewards by locking Bitcoin in a secure way to help validate other blockchains. No wrapping, no bridging to other networks, and it all happens within your own wallet.

Staking App
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Backed by Leading Investors

Babylon Ecosystem

Partner ecosystem who is building with Babylon to use native Bitcoin in on-chain credit markets.

AAVE LEDGER GOMINING FORDEFI BITGET WALLET BINANCE WEB3 WALLET CRADLE UTILA AEGIS ANCHORAGE DIGITAL BITCOIN SUISSE BITGO CACTUS CUSTODY CEFFU COBO GALAXY DIGITAL HEX TRUST KRAKEN FIGMENT OKX ROCKX
See full ecosystem

Native Bitcoin-backed Borrowing

Public Testnet is live

Babylon is an infrastructure project building Bitcoin collateral solutions.
Our infrastructure has activated more than 100,000 native Bitcoin.
Try our latest product, native Bitcoin-backed borrowing on Aave v4 in the testnet.