Babylon Protocol vs Centrifuge Protocol

Compare Babylon Protocol and Centrifuge Protocol 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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$1.62B
Centrifuge Protocol tokenizes real-world assets like invoices and credit pools for DeFi. Its infrastructure bridges traditional finance and DeFi, enabling collateralization of real-world assets for on-chain lending.
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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%
Centrifuge Protocol
TVL
$1.62B
24h Volume
N/A
24h Fees
$94.9K
24h Revenue
$16.1K
30d Fees
$6.33M
30d Revenue
$481.6K
7d TVL Change
-1.22%
Dominance
0.58%

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
65.9%
Centrifuge Protocol
34.1%

Volume Share

Share of combined 24h volume

Volume Share
Babylon Protocol
1.0%
Centrifuge Protocol
1.0%

Fees Share

Share of combined 24h fees

Fees Share
Babylon Protocol
1.0%
Centrifuge Protocol
1.0%

Revenue Share

Share of combined 24h revenue

Revenue Share
Babylon Protocol
1.0%
Centrifuge Protocol
1.0%

7d TVL Performance

TVL change over last 7 days

7d TVL Performance
Babylon Protocol
1.55%
Centrifuge Protocol
-1.22%

Dominance

Market dominance by TVL

Dominance
Babylon Protocol
1.1%
Centrifuge Protocol
0.6%
TVL Comparison
Babylon Protocol
Centrifuge Protocol