Welcome back. This is the bi-weekly roundup covering protocol milestones, BTCFi progress, ecosystem activity, and more from across the Babylon community.
Babylon TVL Surge: $1B Growth
Babylon crossed another milestone on August 22, with TVL rising by $1 billion and bringing the total trustless BTC stake close to $6B.
This surge highlights the accelerating adoption of the Babylon Bitcoin staking protocol and growing confidence in BTCFi infrastructure. As capital eventually flows into BSNs not named Babylon Genesis, the momentum is setting the stage for broader ecosystem growth.
Kraken Adds BTC Staking via Auto Earn
BTC staking is now available on Kraken through its Auto Earn program, with the Babylon Bitcoin staking protocol providing the infrastructure.
The feature allows users to stake and unstake with no lock-ups, while earning weekly rewards in BABY, Babylon Genesis’ native token. This integration brings trustless Bitcoin staking to one of the largest global exchanges and expands access to flexible Bitcoin reward opportunities.
Oasys to Become a Bitcoin Supercharged Network
Oasys and Babylon are working to bring native Bitcoin liquidity and security into the Oasys ecosystem. By joining as a BSN, Oasys will soon allow Bitcoin stakers to stake directly to the network’s Finality Providers.
This integration unlocks new possibilities for RWA initiatives on Oasys, combining Bitcoin’s unmatched security with Oasys’s gaming-focused infrastructure. It marks a powerful step at the intersection of gaming, finance, and Bitcoin.
🔗 https://x.com/oasys/status/1958945074955147481
🛠️ Tech in Motion: Protocol Updates
BABY Staking Dashboard Goes Live on Testnet
On August 20, Babylon Genesis introduced a testnet dashboard for BABY staking. This release gives the community a first look at how BABY staking will work, allowing users to experiment with delegations and rewards in a safe testing environment.
The testnet launch marks an important step toward bringing full BABY utility to mainnet. It sets the stage for governance participation, validator delegation, and deeper involvement from token holders in shaping BTCFi.
🔗 https://x.com/withdoublep/status/1958289006799847536
Babylon Genesis Testnet Upgrade Completed
Babylon Genesis successfully upgraded the Genesis Testnet, resolving a node issue that was preventing multi-staking delegations from being verified by the Covenant Committee.
The smooth execution was made possible by Testnet Validators, Finality Providers, and software operators across the network. This upgrade clears the path for advancing multi-staking on testnet and marks another step toward mainnet readiness.
🔗 https://babylon-explorer.xangle.io/testnet/proposals/33/overview
🎙️ Babylon Genesis Live: X Spaces, Keynotes & Events
Babylon Joins Nansen Spaces
Diogo Costa, Babylon Labs’ Head of Communications, joined Nansen Spaces to share insights on how Babylon Genesis is driving the future of BTCFi.
The conversation covered:
🔹 Bitcoin-native staking and its role in unlocking BTC utility
🔹 Modular security as the foundation for BSNs
🔹 Babylon Genesis’ roadmap progress and growing ecosystem momentum
This appearance highlighted the Babylon project’s vision for scaling Bitcoin beyond a store of value into the backbone of decentralized security and finance.
https://x.com/nansen_ai/status/1960326394862583883
DeFi Decoded: Staking Bitcoin with David Tse
Babylon project Co-Founder David Tse joined the DeFi Decoded Podcast to discuss how the Babylon Bitcoin staking protocol is helping shape the next chapter of BTCFi.
Key topics included:
🔹 Making Bitcoin useful beyond a store of value and medium of exchange
🔹 Rollups secured by Bitcoin and modular security
🔹 Rewards paid to Bitcoin stakers
🔹 The intersection of Bitcoin and Ethereum
🔹 Enterprise interest and new collateral use cases
This conversation highlights how Babylon Genesis is becoming the missing piece of DeFi.
🎧 Listen here: http://bit.ly/4mXDzcP
🔭 Looking Ahead
- Bitcoin Night | Tokyo | Aug 25 | https://lu.ma/tzstfj0a
- BitVM Alliance Night | Hong Kong | Aug 28 | https://lu.ma/vzta5di3
- BitVM Alliance Night | Istanbul | Sept 5 | https://lu.ma/tjzxc7l3
Bitcoin Night | Seoul | Sept 23 | https://lu.ma/a9exr8ay
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