Babylon Protocol
Best for independently tracked protocol
How it rates
- Accounting methodology published
- $2,659m recorded independently
- No audit report linked in the public dataset at this check
- Single-chain deployment
Each indicator scores 2, 1 or 0. A pillar is the points earned over the points available; the overall score is the weighted sum. Every source below is public — check any of them yourself.
- Not metIndependent audit report linked publicly
No audit report linked in the public dataset at this check.
defillama.com/protocol/babylon-protocol - Not met
- MetTracked by an independent analytics platform
Listed with published value and history.
defillama.com/protocol/babylon-protocol - Met
- Met
- Met
- MetProtocol economics published independently
Value and change history published.
defillama.com/protocol/babylon-protocol - Met
- PartialFee or reward model documented publicly
Application reachable for review; specific rates not captured at this check.
babylonlabs.io - MetNo account required to reach the application
Reachable without an account at this check.
babylonlabs.io
- Met
- Met
- Not met
- Not met
- Met
- MetIndependent analytics page published
Public page with history.
defillama.com/protocol/babylon-protocol - Not met
- Met
- Met
- Met
- Met
- Met
- Not met
- Met
- Met
A protocol securing $2.66bn of Bitcoin to other networks through native timelocks, without bridging or wrapping the underlying.
Our assessment
Babylon holds $2.66bn using Bitcoin's own timelock scripts to let holders stake to other networks without moving, wrapping or bridging their bitcoin. That mechanism is the most interesting thing in this comparison from a Bitcoin holder's perspective.
Staking without giving up custody
Every other Bitcoin yield product requires trusting someone with the bitcoin — a bridge, a custodian, a wrapper. Babylon uses native Bitcoin scripts so the coins stay in the holder's control and can be slashed only under conditions defined on Bitcoin itself. If it works as designed, it removes the single largest risk in Bitcoin yield.
Slashing is real and enforced on Bitcoin
The staked bitcoin can be destroyed if the staker misbehaves on the secured chain. That is what makes the security economically meaningful, and it means participation carries genuine downside for operational failure rather than only opportunity cost. Understanding the slashing conditions is not optional.
No audit report at this check
No audit report was retrievable at a public address. For a design resting on precise Bitcoin scripting where an error could make coins unspendable or wrongly slashable, published review is exactly the evidence a prospective staker needs and cannot currently read.
Who it suits
Babylon fits Bitcoin holders who want yield without custodial exposure and understand the slashing conditions. Holders wanting no additional risk at all should simply hold bitcoin.
How rivals compare
Frequently asked
Does this score mean Babylon Protocol is safe?
No. It measures what an outsider can verify: linked audits, published methodology and independently recorded data. Contract and custody risk are not tested by us.
Where do these figures come from?
A public analytics dataset queried at the verification date, plus the audit reports it links. Anyone can re-run the query.
Why do some protocols score zero on audits?
Because no audit report is linked in the public record. It records what a user can reach, not a claim that no audit exists.