Babylon Protocol vs Binance Bitcoin

Compare Babylon Protocol and Binance Bitcoin on TVL, fees, revenue and activity to understand how these projects stack up.

$3.13B
Babylon exports Bitcoin’s economic security to Proof‑of‑Stake networks by letting holders restake native BTC without wrapping. Validators lock BTC in time‑locked UTXOs; mis‑behaviour is punished via cryptographic slashing that burns the locked coins. A Cosmos‑SDK based testnet secured by Babylon went live in March 2024, paving the way for mainnet in late 2025 and integrations with EigenLayer and Berachain.
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$5.289B
BTCB is Binance’s wrapped Bitcoin on BNB Smart Chain, fully collateralised and swap‑able with native BTC via Binance CEX at a 1:1 ratio. Reserves are held in a publicly disclosed address and audited by Nansen’s proof‑of‑reserve dashboard. BTCB is heavily used in PancakeSwap and Venus for leveraged yield strategies.
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Key Metrics Comparison

Babylon Protocol
TVL
$3.13B
24h Volume
N/A
24h Fees
N/A
24h Revenue
N/A
30d Fees
N/A
30d Revenue
N/A
7d TVL Change
+1.55%
Dominance
1.12%
Binance Bitcoin
TVL
$5.289B
24h Volume
N/A
24h Fees
N/A
24h Revenue
N/A
30d Fees
N/A
30d Revenue
N/A
7d TVL Change
-1.73%
Dominance
1.90%

Category Performance

Visual comparison across key categories. Ring fill represents relative strength or share between the two assets.

TVL Share

Share of combined TVL

TVL Share
Babylon Protocol
37.2%
Binance Bitcoin
62.8%

Volume Share

Share of combined 24h volume

Volume Share
Babylon Protocol
1.0%
Binance Bitcoin
1.0%

Fees Share

Share of combined 24h fees

Fees Share
Babylon Protocol
1.0%
Binance Bitcoin
1.0%

Revenue Share

Share of combined 24h revenue

Revenue Share
Babylon Protocol
1.0%
Binance Bitcoin
1.0%

7d TVL Performance

TVL change over last 7 days

7d TVL Performance
Babylon Protocol
1.55%
Binance Bitcoin
-1.73%

Dominance

Market dominance by TVL

Dominance
Babylon Protocol
1.1%
Binance Bitcoin
1.9%
TVL Comparison
Babylon Protocol
Binance Bitcoin