Babylon ($BABY) Bitcoin Staking Protocol Goes Live on Major Exchanges
The $BABY token from Babylon’s Bitcoin staking protocol debuts April 10th on Binance and OKX. Early adopters get $600M $BABY tokens in advance.
The highly anticipated $BABY token from Babylon, a Bitcoin staking protocol, is set to debut on major cryptocurrency exchanges following its airdrop to early supporters.
With 600 million tokens (6% of the total supply) already distributed and trading scheduled to begin on April 10, 2025, the crypto community is showing significant interest in this innovative Bitcoin-secured network.
Babylon Foundation Distributes 600M BABY Tokens to Early Adopters
The Babylon Foundation recently completed its early adopters airdrop program, distributing 600 million BABY tokens (representing 6% of the total supply) across five reward groups. The largest allocation, 335 million tokens, went to participants in Babylon’s Base Phase-1 staking, which involved early Bitcoin stakers who locked their BTC during limited-cap events.
The distribution breakdown includes:
- 335M BABY for Base Phase-1 staking participants
- 200M BABY allocated to users transitioning Phase-1 stakes to Phase 2
- 30M BABY for Phase-1 staking participation across different cap periods
- 30M BABY for Pioneer Pass NFT holders (300 BABY per NFT)
- 5M BABY for GitHub contributors to the project
The Early Adopters Airdrop (6% of supply) comprises 5 categories:
— Babylon Foundation (@bbn_foundation) April 3, 2025
🔸30M BABY - Staking participation, every Phase-1 stake is eligible
🔸335M BABY - Base Phase-1 staking rewards
🔸200M BABY – Bonus for Phase 1 stakes that will transition to Phase 2
🔸30M BABY - Pioneer Pass NFT…
“This initiative celebrates Phase 1 Bitcoin stakers, Pioneer Pass NFT holders, and open-source developers who have contributed to the success of the Babylon ecosystem,” stated the Babylon Foundation in their announcement.
Major Exchanges Announce BABY Token Listings
Multiple leading cryptocurrency exchanges have announced plans to list the BABY token for spot trading, with trading set to commence on April 10, 2025.
OKX Listing Details
OKX will open $BABY deposits on April 9 at 12:00 pm UTC, with a call auction scheduled for April 10 between 9:15 am and 10:15 am UTC.
BABY/USDT spot trading will officially begin at 10:15 am UTC on April 10, with withdrawals enabled the following day.
To manage volatility during the first five minutes of trading, OKX will implement specific restrictions:
- No market orders allowed
- Maximum limit order size of $10,000
- Maximum net position per user of $10,000
Binance HODLer Airdrops Program and Spot Listing
Binance is integrating BABY into its HODLer Airdrops Program before listing it for spot trading. Users who locked BNB on Binance Simple Earn between March 7-12, 2025, will receive a portion of the 75 million BABY tokens (0.75% of total supply) allocated for this program.
Binance will list BABY for spot trading on April 10 at 10:00 am UTC with multiple trading pairs, including USDT, USDC, FDUSD, BNB, and TRY. The exchange had previously launched BABY on its pre-market futures contract on April 5.
What Is Babylon and the $BABY Token?
Babylon is both a blockchain project and its associated token that aims to bolster the security of Proof-of-Stake (PoS) blockchains by leveraging Bitcoin’s robust security framework.
The project introduces the innovative concept of Bitcoin Secured Networks (BSNs), which allow Bitcoin holders to stake their BTC to secure other networks without selling or moving their Bitcoin from the main blockchain. This provides Bitcoin holders with new opportunities to earn rewards on their otherwise idle assets.
BABY serves as the network’s operational and governance token within Babylon Genesis, a layer-1 proof-of-stake blockchain secured by Bitcoin. The project employs a dual-staking system where both Bitcoin (BTC) and the BABY token can be staked.
Osmosis Becomes a Bitcoin-Secured Network via Babylon Genesis
In related news, Osmosis, one of the largest appchains in the Cosmos ecosystem, has successfully integrated with the Babylon Bitcoin staking protocol to become a Bitcoin-secured network. This partnership, approved by governance vote with 96.57% support, will see 50% of trading fees from Bitcoin LSTs and Babylon ecosystem assets on Osmosis distributed to BTC and BABY stakers.
“By becoming a BSN, Osmosis can leverage the Bitcoin network’s robust foundation to foster innovation and create novel avenues for hodlers to earn rewards within the Cosmos ecosystem,” according to the announcement from Babylon Labs.
This integration allows Bitcoin holders to contribute to Osmosis’ economic security while maintaining full control of their assets, resulting in stronger chain security and increased participation from the Bitcoin community.
BABY Token Details at a Glance
- Total Supply: 10,000,000,000 BABY
- Max Supply: Infinite
- Current Circulating Supply: 2,294,036,491 BABY (22.90% of total supply)
- Major Exchange Listings: Binance, OKX (April 10, 2025)
As the crypto market awaits the official trading launch of BABY tokens on April 10, the project represents an interesting development in connecting Bitcoin’s security with the flexibility of proof-of-stake systems.
