Binance Adds Bitcoin Staking Protocol Babylon, Offers 600 Million BABY Tokens

Binance, the world’s largest crypto exchange platform by trading volume, has announced its support for a new Bitcoin (BTC) staking protocol called Babylon (BABY). This addition to Binance's suite of digital asset products marks a significant development in the cryptocurrency ecosystem, as it allows users to stake their BTC and earn rewards in the form of BABY tokens.

The Babylon Genesis chain mainnet, which supports native Bitcoin (BTC) staking directly on the Bitcoin ledger, is now live with activated finality providers. This development allows Bitcoin holders to stake their BTC to safeguard the Babylon network and earn rewards in the form of BABY tokens, thereby maximizing Bitcoin’s utility while maintaining its existing security architecture. The Babylon Genesis blockchain is described as the "world's first Layer-1 blockchain enhanced with Bitcoin security." This innovative security mechanism enables Bitcoin holders to stake their BTC to secure the Babylon network and earn rewards in the form of BABY tokens. This approach transforms idle BTC into an economically productive asset, aligning with the project's vision of maintaining Bitcoin's core integrity while expanding its utility for broader blockchain ecosystems.

The Babylon Foundation has successfully completed an airdrop of 600 million BABY tokens, equivalent to 6% of the token's total supply of 10 billion. This airdrop targeted early supporters and contributors within the Babylon ecosystem, rewarding them for their participation and distributing governance rights within the Babylon network. The foundation clarified that there are no transfer restrictions on the airdropped tokens, allowing recipients to trade them immediately or stake them to secure the Babylon network.

Binance's listing of BABY tokens offers immediate liquidity to airdrop recipients and BABY holders. Trading for the token began on October 10, 2025, with support for trading pairs with USDT, USDC, BNB, FDUSD, and TRY. Binance has categorized BABY with a "Seed Tag," signifying its early-stage nature and inherent investment risks. Deposits were available starting six hours after the listing announcement, giving users ample time to prepare for trading.

The Babylon Bitcoin staking protocol adopts a remote staking method, overcoming the lack of smart contracts through advanced cryptography technology. This allows BABY stakers to participate in the governance of the Babylon Bitcoin staking protocol through the on-chain governance system of Babylon Genesis. Babylon Labs has developed a protocol that allows Bitcoin holders to stake their assets directly on the BTC blockchain to enhance the security of the network. This development underscores the growing integration of Bitcoin staking within the broader cryptocurrency ecosystem, providing new opportunities for Bitcoin holders to engage with decentralized finance (DeFi) and earn rewards.