cryptonist

DeFi protocols

Babylon Protocol

Data as of 3 October 2026 · Official site

Babylon Protocol is a protocol DefiLlama files under Restaking, deployed on 1 chain. On 3 October 2026 it held $3.4B in total value locked, up 9.8% over 30 days, placing it 18th of 225 protocols in this set. TVL is deposits at current prices, not revenue and not users. The note below says what it leaves out.

Total value locked, over time

Total value locked, USD: $1.6B at the start of the series, $3.4B at the end. $0 $2.5B $5.0B $7.5B $10.0B Oct 24Apr 25Oct 25Apr 26Oct 26
Total value locked, USD. Weekly points for the last two years, monthly before. Source: DefiLlama, retrieved 3 October 2026.

Among protocols

Total value locked by protocol: top 25 of 225 tracked, Babylon Protocol ranked 18. Source: DefiLlama, 3 October 2026.
#ProtocolTotal value locked
1 Lido $26.4B
2 Aave V3 $18.1B
3 SSV Network $14.0B
4 LayerZero V2 $11.7B
5 Morpho Blue $11.3B
6 Binance staked ETH $10.0B
7 WBTC $9.9B
8 Coinbase Bridge $8.4B
9 Hyperliquid Bridge $7.1B
10 EigenCloud $7.0B
11 Sky Lending $5.9B
12 Binance Bitcoin $5.8B
13 SparkLend $5.5B
14 ether.fi Stake $5.2B
15 Ethena USDe $4.9B
16 JustLend V1 $3.9B
17 Arbitrum Bridge $3.7B
18 Babylon Protocol $3.4B
19 USDT0 $3.4B
20 JustLend sTRX $3.3B
21 Base Bridge $3.2B
22 Maple $3.0B
23 Polygon Bridge $2.9B
24 JustCryptos $2.8B
25 Spark Liquidity Layer $2.7B

See all 225 protocols

TVL by chain

TVL by chain, Babylon Protocol, 3 October 2026. Source: DefiLlama.
ChainUSD
Bitcoin $3.4B

About Babylon Protocol

Category: Restaking. Deployed on 1 chain. Listed by DefiLlama on 2024-10-22.

Bitcoin holders can earn yields from their idle bitcoins in a secure way: no third-party trust, no bitcoin bridging to any other chain. Bitcoin holders simply lock their bitcoins in a self-custodial way to gain the rights to validate PoS chains and earn yields as a return. Powered by the fast unbonding and scalable restaking features of the protocol, bitcoin stakers can also enjoy maximal liquidity and yields. (DefiLlama's listing text.)

Source: DefiLlama, retrieved 3 October 2026, under its open methodology. Figures are a dated snapshot, not a live feed.