Polynomial provides derivatives trading on its own chain, with unified liquidity features described on its site.
Babylon Protocol
Babylon Protocol builds Bitcoin collateral infrastructure so native BTC can secure lending, stablecoins, derivatives, and other applications.
About Babylon Protocol
Babylon Protocol is an infrastructure project that makes native Bitcoin usable as collateral on other blockchains and in decentralized applications. According to the homepage, this works without wrapping, bridging or intermediaries. The Bitcoin stays locked on the Bitcoin network in a self-custodial BTCVault that the holder creates and activates. The homepage states that the infrastructure has activated more than 100,000 native Bitcoin.
The first use case is native Bitcoin-backed borrowing, starting with Aave v4 on Ethereum, where holders can post native Bitcoin as collateral and borrow stablecoins. The homepage describes this product as available on a public testnet. The site also offers Bitcoin staking, in which holders lock Bitcoin to help validate other blockchains and receive rewards. The homepage lists lending, stablecoins, protection, derivatives and real-world assets as applications the infrastructure is meant to support, but it does not describe those as available products.
Key features
- Native Bitcoin used as collateral on any chain without wrapping or bridging
- Self-custodial BTCVault that the holder creates and activates
- Native Bitcoin-backed borrowing of stablecoins on Aave v4, starting on Ethereum
- Bitcoin staking to help validate other blockchains, with rewards to stakers
- Partner ecosystem building on native Bitcoin in on-chain credit markets
Best for: Bitcoin holders who want to borrow stablecoins against native BTC or stake it for rewards, and developers building applications that use native Bitcoin as collateral.
Good for
- Native Bitcoin stays on the Bitcoin network in a vault the holder controls, according to the homepage
- Staking is described as taking place within the holder's own wallet, without wrapping or bridging
- Borrowing is offered through an established lending protocol, Aave v4
Watch out for
- The borrowing product is described as running on a public testnet
- The first use case is limited to Aave v4 on Ethereum
- The homepage does not state pricing or fees
Babylon Protocol at a glance
- Website
- babylonlabs.io
- Category
- Crypto & Blockchain › DeFi Protocols
- Type
- Website
- Pricing
- Not confirmed. Check the site
- Platforms
- Web
- Open source
- Not stated
- Language
- English
- Last checked
- Oct 6, 2026 · Online when checked
- Listed
- Oct 5, 2026
Babylon Protocol alternatives
Tools and sites you could use instead, ranked by how closely they match.
On Ink, Tydro supports non-custodial lending and borrowing with flexible collateral through an Aave-powered liquidity protocol.
ListaDAO provides liquid staking and collateralized stablecoin lending, with a lending protocol rather than exchange functions.
ListaDAO provides liquid staking and collateralized stablecoin lending through its DeFi protocol.
ListaDAO provides stablecoin lending and liquid staking through its decentralized finance protocol.
Neverland provides Monad-native lending with veTokenomics to structure incentives for decentralized borrowing.
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Babylon Protocol FAQ
Does the Bitcoin leave the Bitcoin network when it is used as collateral?
The homepage says the Bitcoin stays locked on the Bitcoin network in a self-custodial BTCVault that the holder creates and activates.
Is native Bitcoin-backed borrowing available for general use?
The homepage states that the product is available in a public testnet and invites users to try it there. It does not describe a production launch.
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