Babylon Genesis Blockchain Launches, Binance Lists BABY Token

Cryptocurrency exchange Binance has announced the listing of BABY, the native token of the Babylon Genesis blockchain. This move coincides with the completion of the Babylon Foundation's airdrop of 600 million BABY tokens to early adopters and contributors to the ecosystem. The airdrop, which accounted for 6% of the total supply of 10 billion tokens, was successfully executed, allowing recipients to immediately trade or use their BABY holdings. The foundation also confirmed that there are no transfer restrictions on the airdropped tokens, giving recipients the freedom to stake their BABY tokens to secure the Babylon Genesis network and earn additional tokens as staking rewards.

The Babylon Genesis blockchain has officially gone live, marking the launch of what the project describes as "the world’s first L1 blockchain secured by Bitcoin." This launch establishes the Babylon Bitcoin staking protocol as a foundational infrastructure layer for Bitcoin. The project introduces a new paradigm for securing blockchains by employing Bitcoin as the Layer-1 blockchain’s security mechanism. Holders of Bitcoin can stake their BTC to secure the Babylon network and, in return, receive BABY tokens as a reward. Babylon's mission is to maximize the utility of Bitcoin by reconditioning "idle Bitcoin to be the foundation of the decentralized economy," thereby addressing Bitcoin’s lack of programmability without compromising its security paradigm.

Binance’s listing of the BABY token provides immediate liquidity for airdrop recipients and other BABY holders. Trading for BABY began on April 10, 2025, at 10:00 UTC, with the tokens available to trade against five different currencies: USDT, USDC, BNB, FDUSD, and TRY. The leading crypto exchange has applied the “seed tag” to BABY, indicating to traders that the token is in its early stages and may carry additional investment risks. Deposits for the token will be enabled six hours after Binance’s announcement, allowing users time to prepare for trading. This announcement follows Binance's decision to delist 7 crypto pairs.

The total supply of BABY tokens is set at 10 billion, with the recent airdrop distributing 600 million tokens or 6% of this total supply. This distribution approach aims to establish a broad base of token holders who can participate in the network’s governance from its early stages. The airdrop acts as a reward mechanism for early adopters and as a way to distribute governance rights, fostering a decentralized and inclusive ecosystem. The Babylon Genesis blockchain's launch and the listing of BABY on Binance represent significant milestones in the evolution of blockchain technology, leveraging Bitcoin's security to create a new layer of decentralized infrastructure.