Babylon Protocol vs WBTC

Compare Babylon Protocol and WBTC 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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$8.862B
Wrapped BTC (WBTC) is a Bitcoin‑backed ERC‑20 minted by BitGo under a multi‑sig controlled by merchants and custodians. Each token is 1:1 redeemable for BTC, with reserves published every 24 hours and verifiable on chain. WBTC accounts for more than 70 % of tokenised bitcoin on Ethereum and serves as core collateral for Aave, Maker and Compound.
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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%
WBTC
TVL
$8.862B
24h Volume
N/A
24h Fees
$0
24h Revenue
$0
30d Fees
$0
30d Revenue
$0
7d TVL Change
-1.58%
Dominance
3.18%

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
26.1%
WBTC
73.9%

Volume Share

Share of combined 24h volume

Volume Share
Babylon Protocol
1.0%
WBTC
1.0%

Fees Share

Share of combined 24h fees

Fees Share
Babylon Protocol
1.0%
WBTC
1.0%

Revenue Share

Share of combined 24h revenue

Revenue Share
Babylon Protocol
1.0%
WBTC
1.0%

7d TVL Performance

TVL change over last 7 days

7d TVL Performance
Babylon Protocol
1.55%
WBTC
-1.58%

Dominance

Market dominance by TVL

Dominance
Babylon Protocol
1.1%
WBTC
3.2%
TVL Comparison
Babylon Protocol
WBTC