Babylon Bitcoin Staking Protocol Launches Cap-3 After TVL Breaks $2 Billion Milestone
Babylon Labs (Babylon Labs), dedicated to developing native use cases for Bitcoin, including Bitcoin’s largest staking protocol with over $2 billion in total value locked (TVL), will launch the first phase of its mainnet, Cap-3, to further expand its staking capacity. Following Cap-2’s 10 Bitcoin block window of 23,857 BTC (approximately $2 billion at today’s prices), the newly launched Cap-3 will open a staking window that will last for 1,000 Bitcoin blocks. The launch of Cap-3 allows the Babylon protocol to continue to solidify its position as the largest and most influential staking solution in the Bitcoin ecosystem.
In this new staking window, institutional and individual participants can access Bitcoin staking through the industry’s leading platform. Anchorage Digital, a leading digital asset platform known for its institutional-grade services, will support Bitcoin staking access on Cap-3, further expanding institutional participation in Babylon's growing ecosystem. Sui, the first smart contract platform built on a Layer-1 blockchain, will also participate in Cap-3, inviting Bitcoin holders to stake Bitcoin on the Sui network, unlocking Bitcoin's $1.8 trillion in liquidity. In addition, well-known institutional wallet and custody providers have integrated with the Babylon protocol, further enhancing institutional access to Cap-3 Bitcoin staking. Other participating platforms include Binance, the first centralized exchange to offer Babylon Bitcoin staking through Binance Earn; Leap Wallet, the first Cosmos wallet to support Bitcoin staking, Onekey Hardware Wallet (Pro Edition), Unisat, and Gate Web3.
The Babylon Bitcoin Staking Protocol provides a secure service marketplace that connects Bitcoin holders who offer staking assets with PoS chains and Rollups seeking Bitcoin security. On the supply side, Bitcoin holders pledge their assets to the Babylon Bitcoin staking protocol, with the total locked value (TVL) now exceeding $2 billion; on the demand side, PoS chains and Rollups are integrating with the Babylon protocol to meet their security needs. As a result, PoS systems and Rollups will be able to leverage Babylon's scalable staking capabilities to unlock the value of the idle and unencumbered $1 trillion-plus Bitcoin ecosystem.
Babylon Labs CTO Fisher Yu said: "Babylon is Bitcoin's largest staking protocol, building on the milestone of Bitcoin stakers and institutional service providers breaking through the $2 billion total locked value (TVL), further expanding the participation opportunities for institutional and individual participants. The latest stage strengthens Babylon's role in unlocking untapped value within Bitcoin's trillion-dollar ecosystem, while advancing our vision of creating Bitcoin-native application scenarios and expanding Bitcoin's utility and influence."
Nathan McCauley, CEO and co-founder of Anchorage Digital, said: "Protocols like Babylon are opening up new ways for institutions to participate in the Bitcoin ecosystem. By partnering with Babylon to launch Cap-3, Anchorage Digital is enabling institutions to safely participate in Bitcoin staking, meeting their needs for security and assurance. We are honored to work with crypto innovators like Babylon as part of our commitment to simplify institutional access to decentralized finance (DeFi).
Jameel Khalfan, Global Ecosystem Lead at Sui Foundation, said: "Bitcoin is here to stay and its utility is now available to participants on the Sui network. We are excited to work with Babylon to bring new staking innovations between Bitcoin and Sui's powerful network to users."
Jeff Li, Vice President of Product at Binance, said: "With the launch of Babylon Bitcoin staking, Binance provides users with a seamless and efficient on-chain Bitcoin staking channel. By partnering with Babylon "By integrating Babylon's protocol, we are enabling users to easily participate in Bitcoin staking while also helping to grow the Bitcoin staking ecosystem. This collaboration reflects our mission to simplify access to decentralized finance and sustainable yield solutions."
"As Babylon's largest liquidity staking partner, we have witnessed first-hand the strong demand from individual and institutional participants to do more with Bitcoin. Babylon's expanded staking capacity enables more Bitcoin to enter the ecosystem as a productive asset, providing Bitcoin holders with the opportunity to earn staking rewards and participate in decentralized finance (DeFi) through LBTC, while ensuring that security is not compromised."
For more information on the first phase of the Babylon Bitcoin Staking Protocol Mainnet Cap-3, please follow @babylonlabs_io on the X platform. You can also visit our website.
About Babylon
Babylon is a project that designs Bitcoin security sharing protocols to build a decentralized world secured by Bitcoin. Its latest development is the world's first trustless and self-custodial Bitcoin staking protocol, which allows Bitcoin holders to stake their Bitcoin on Proof of Stake (PoS) systems (such as PoS chains, L2, Data Availability (DA) layers, etc.), enabling them to earn returns without the need for third-party custody, cross-chain bridges, or packaging services. Babylon's approach combines the high security and widespread adoption of Bitcoin with the efficiency and scalability of PoS systems, increasing the practicality of Bitcoin. Babylon was founded in 2022 by Stanford University Professor David Tse and Dr. Fisher Yu. Professor Tse is a member of the US Academy of Engineering and is known for inventing the legendary proportional fairness scheduling algorithm. Babylon is led by a team of consensus protocol researchers and experienced L1 blockchain engineers from around the world.
For more information about Babylon Labs, please visit:
Official | Twitter | Discord | Linkedin
About Anchorage Digital
Anchorage Digital is a crypto platform designed to enable institutional participation in digital assets through custody, staking, trading, governance, settlement, and industry-leading security infrastructure. Anchorage Digital is the only federally licensed crypto bank in the United States. As the parent company of Anchorage Digital Bank N.A., Anchorage Digital also serves institutions through Anchorage Digital Singapore, Porto by Anchorage Digital, and more.
The company is backed by leading institutions including Andreessen Horowitz, GIC, Goldman Sachs, KKR, and Visa, and was valued at over $3 billion in its Series D round. Founded in 2017, Anchorage Digital is headquartered in San Francisco, California, with offices in New York, Porto, Portugal, Singapore, and Sioux Falls, South Dakota.
For more information, visit anchorage.com, follow @Anchorage on X, or check out Anchorage on LinkedIn.
About Sui
Sui is a unique Layer 1 blockchain and smart contract platform designed from the ground up to make ownership of digital assets fast, private, secure, and accessible to everyone. Its object-oriented model based on the Move programming language supports parallel execution, sub-second confirmations, and a rich set of on-chain assets. With horizontally scalable processing and storage capabilities, Sui supports a wide range of applications at unparalleled speed and low cost. Sui is a leap forward in blockchain technology, allowing creators and developers to build amazing, user-friendly experiences on it.
This article comes from a contribution and does not represent the views of BlockBeats
You may also like

2 years, 225 times the return? Unveiling the mysterious researcher Serenity's AI "bottleneck" investment technique

B.AI partners with BNB Chain to launch the "Billion AI Token Subsidy" celebration, fully igniting the on-chain intelligent agent ecosystem

How did Micron win a trillion-dollar market value while Samsung relies on technology cycles and Hynix relies on HBM?

Senior Public Company Financial Audit: Taking Hashkey as an Example, Discussing Which Account to Include for Exchange Issued Platform Tokens?

Bankless Founder: Why I Sold All My ETH

Morning News | Hyperliquid launches off-chain event prediction market contracts; Strategy completes $1.5 billion debt buyback; Kelp DAO announces rsETH has fully recovered

Morning Report | Binance launches DYOR research tool; YZi Labs launches recruitment platform YZi Talent; Vitalik states that the Ethereum Foundation will "downsize" and reduce the amount of ETH sold

Insiders betting on Musk are reaping "historic returns."

Ten Thousand Characters Breakdown of On-Chain Vaults: Eight Major Tracks, Who is Rising and Who is Declining?

Behind NEAR's Doubling: 3 Major Trends Becoming the Engine of Coin Prices

Visa and Stripe are both working on stablecoins, but their focus is not on payments

How Traders Keep Profits When PEPE WLD and FET Start Moving Fast Again

It's easy to conquer a city, but difficult to govern it: Polymarket wants to establish a presence globally but still has to bow down everywhere

Morning News | Michael Saylor stated that this week he bought bonds instead of Bitcoin; StablR was attacked and lost about 2.8 million dollars; the U.S. Congress is pushing the Bitcoin Reserve Act again

SuperEx's Mars exploration dream: Digital currency is the key to unlocking economic exchanges in the interstellar era

Key Takeaways: Full Text of Google Chief Scientist Shanahan's Speech

Agentic Design Patterns: A book that made me rethink "What exactly is an Agent?"

