Babylon Bitcoin Staking Protocol Launches Cap-3 After TVL Breaks $2 Billion Milestone
Babylon Labs (Babylon Labs), dedicated to developing native use cases for Bitcoin, including Bitcoin’s largest staking protocol with over $2 billion in total value locked (TVL), will launch the first phase of its mainnet, Cap-3, to further expand its staking capacity. Following Cap-2’s 10 Bitcoin block window of 23,857 BTC (approximately $2 billion at today’s prices), the newly launched Cap-3 will open a staking window that will last for 1,000 Bitcoin blocks. The launch of Cap-3 allows the Babylon protocol to continue to solidify its position as the largest and most influential staking solution in the Bitcoin ecosystem.
In this new staking window, institutional and individual participants can access Bitcoin staking through the industry’s leading platform. Anchorage Digital, a leading digital asset platform known for its institutional-grade services, will support Bitcoin staking access on Cap-3, further expanding institutional participation in Babylon's growing ecosystem. Sui, the first smart contract platform built on a Layer-1 blockchain, will also participate in Cap-3, inviting Bitcoin holders to stake Bitcoin on the Sui network, unlocking Bitcoin's $1.8 trillion in liquidity. In addition, well-known institutional wallet and custody providers have integrated with the Babylon protocol, further enhancing institutional access to Cap-3 Bitcoin staking. Other participating platforms include Binance, the first centralized exchange to offer Babylon Bitcoin staking through Binance Earn; Leap Wallet, the first Cosmos wallet to support Bitcoin staking, Onekey Hardware Wallet (Pro Edition), Unisat, and Gate Web3.
The Babylon Bitcoin Staking Protocol provides a secure service marketplace that connects Bitcoin holders who offer staking assets with PoS chains and Rollups seeking Bitcoin security. On the supply side, Bitcoin holders pledge their assets to the Babylon Bitcoin staking protocol, with the total locked value (TVL) now exceeding $2 billion; on the demand side, PoS chains and Rollups are integrating with the Babylon protocol to meet their security needs. As a result, PoS systems and Rollups will be able to leverage Babylon's scalable staking capabilities to unlock the value of the idle and unencumbered $1 trillion-plus Bitcoin ecosystem.
Babylon Labs CTO Fisher Yu said: "Babylon is Bitcoin's largest staking protocol, building on the milestone of Bitcoin stakers and institutional service providers breaking through the $2 billion total locked value (TVL), further expanding the participation opportunities for institutional and individual participants. The latest stage strengthens Babylon's role in unlocking untapped value within Bitcoin's trillion-dollar ecosystem, while advancing our vision of creating Bitcoin-native application scenarios and expanding Bitcoin's utility and influence."
Nathan McCauley, CEO and co-founder of Anchorage Digital, said: "Protocols like Babylon are opening up new ways for institutions to participate in the Bitcoin ecosystem. By partnering with Babylon to launch Cap-3, Anchorage Digital is enabling institutions to safely participate in Bitcoin staking, meeting their needs for security and assurance. We are honored to work with crypto innovators like Babylon as part of our commitment to simplify institutional access to decentralized finance (DeFi).
Jameel Khalfan, Global Ecosystem Lead at Sui Foundation, said: "Bitcoin is here to stay and its utility is now available to participants on the Sui network. We are excited to work with Babylon to bring new staking innovations between Bitcoin and Sui's powerful network to users."
Jeff Li, Vice President of Product at Binance, said: "With the launch of Babylon Bitcoin staking, Binance provides users with a seamless and efficient on-chain Bitcoin staking channel. By partnering with Babylon "By integrating Babylon's protocol, we are enabling users to easily participate in Bitcoin staking while also helping to grow the Bitcoin staking ecosystem. This collaboration reflects our mission to simplify access to decentralized finance and sustainable yield solutions."
"As Babylon's largest liquidity staking partner, we have witnessed first-hand the strong demand from individual and institutional participants to do more with Bitcoin. Babylon's expanded staking capacity enables more Bitcoin to enter the ecosystem as a productive asset, providing Bitcoin holders with the opportunity to earn staking rewards and participate in decentralized finance (DeFi) through LBTC, while ensuring that security is not compromised."
For more information on the first phase of the Babylon Bitcoin Staking Protocol Mainnet Cap-3, please follow @babylonlabs_io on the X platform. You can also visit our website.
About Babylon
Babylon is a project that designs Bitcoin security sharing protocols to build a decentralized world secured by Bitcoin. Its latest development is the world's first trustless and self-custodial Bitcoin staking protocol, which allows Bitcoin holders to stake their Bitcoin on Proof of Stake (PoS) systems (such as PoS chains, L2, Data Availability (DA) layers, etc.), enabling them to earn returns without the need for third-party custody, cross-chain bridges, or packaging services. Babylon's approach combines the high security and widespread adoption of Bitcoin with the efficiency and scalability of PoS systems, increasing the practicality of Bitcoin. Babylon was founded in 2022 by Stanford University Professor David Tse and Dr. Fisher Yu. Professor Tse is a member of the US Academy of Engineering and is known for inventing the legendary proportional fairness scheduling algorithm. Babylon is led by a team of consensus protocol researchers and experienced L1 blockchain engineers from around the world.
For more information about Babylon Labs, please visit:
Official | Twitter | Discord | Linkedin
About Anchorage Digital
Anchorage Digital is a crypto platform designed to enable institutional participation in digital assets through custody, staking, trading, governance, settlement, and industry-leading security infrastructure. Anchorage Digital is the only federally licensed crypto bank in the United States. As the parent company of Anchorage Digital Bank N.A., Anchorage Digital also serves institutions through Anchorage Digital Singapore, Porto by Anchorage Digital, and more.
The company is backed by leading institutions including Andreessen Horowitz, GIC, Goldman Sachs, KKR, and Visa, and was valued at over $3 billion in its Series D round. Founded in 2017, Anchorage Digital is headquartered in San Francisco, California, with offices in New York, Porto, Portugal, Singapore, and Sioux Falls, South Dakota.
For more information, visit anchorage.com, follow @Anchorage on X, or check out Anchorage on LinkedIn.
About Sui
Sui is a unique Layer 1 blockchain and smart contract platform designed from the ground up to make ownership of digital assets fast, private, secure, and accessible to everyone. Its object-oriented model based on the Move programming language supports parallel execution, sub-second confirmations, and a rich set of on-chain assets. With horizontally scalable processing and storage capabilities, Sui supports a wide range of applications at unparalleled speed and low cost. Sui is a leap forward in blockchain technology, allowing creators and developers to build amazing, user-friendly experiences on it.
This article comes from a contribution and does not represent the views of BlockBeats
You may also like

Morning Report | OpenAI has submitted an S-1 registration statement draft to the U.S. SEC; Morpho completes $175 million financing

Galaxy Deep Research Report: How Hyperliquid's HIP-4 Upgrade Changes the Landscape of Prediction Markets?

Latest research from 13 top universities including Cornell University: The current state, challenges, and misconceptions of the fusion of Crypto and AI

Deconstructing Anthropic: The Best AI Company, Possibly Also a Type of Organizational Invention

Every exchange is a "Universal Exchange."

The counterattack of traditional finance: Alliance chains are quietly reviving

Pantera Capital Partner: How Tokenization is Restructuring the Private Equity and Early Investment Ecosystem?

Mastercard Launches Agent Pay for AI, Plans to Record AI Agent Payment Authorizations on Polygon
Mastercard launched Agent Pay for AI, a new payment protocol designed to help AI agents make small payments such as pay-per-use access to data and APIs. The system plans to record human-granted AI agent permissions on Polygon, focusing on verifiable authorization, identity, and payment controls.

Curve Deploys Llamalend v2 on Optimism With 250,000 OP Incentives
Curve launched Llamalend v2 on Optimism with 250,000 OP incentives from the Optimism Foundation. The upgrade expands Llamalend beyond its earlier crvUSD-focused model, adding broader collateral support, LlamaRisk market reviews, and the ability to use Curve LP tokens as collateral.

Raydium Old Liquidity Pool Reportedly Exploited, With $1.34 Million Moved to Ethereum and Tornado Cash
An old Raydium liquidity pool was reportedly exploited for around $1.34 million in USDC, RAY, and wSOL, with the stolen funds bridged to Ethereum and deposited into Tornado Cash. The incident highlights the tail risks of legacy DeFi pools, old contracts, and cross-chain fund laundering paths.

Kalshi Executive Challenges “SBF Backed AI Unicorns” Narrative, Says Leopold Aschenbrenner Was Key Figure
Kalshi executive John Wang questioned the “SBF backed AI unicorns” narrative, saying Leopold Aschenbrenner was the key figure behind major AI investment decisions.

New York Proposes Stricter Stablecoin Issuer Rules Aligned With Federal GENIUS Act
NYDFS proposed stricter stablecoin issuer rules aligned with the GENIUS Act, covering reserves, custody, redemption timelines, audits, and capital buffers.

CryptoQuant Says Bitcoin Profitable Supply Is Near 45% Pressure Zone as On-Chain Data Points to Market Repricing
CryptoQuant said Bitcoin’s profitable supply is nearing the 45% pressure zone, signaling rising market stress, unrealized losses, and a possible on-chain repricing phase.

Bitcoin Falls Below 200-Week Moving Average as On-Chain Data Shows Over Half of Supply in Loss
Bitcoin dropped below its 200-week moving average as on-chain data showed over 50% of circulating supply is now in loss, signaling rising market stress.

CFTC Reportedly Plans New Prediction Market Rules Focused on Manipulation Risk and Public Interest Review
The CFTC is reportedly preparing new prediction market rules focused on manipulation risk, public interest review, and retail trader protections.

Meet the new WEEX trial fund—your gateway to greater profits

WEEX Labs Lands at Dutch Blockchain Week: A Disruptive Crypto × AI Conversation Sets Sail in Amsterdam

SK Hynix Reportedly Plans U.S. ADR Listing as Early as August, With SEC Approval Possible in Late June
SK Hynix may pursue a U.S. ADR listing as early as August, with SEC approval reportedly possible in late June amid strong AI chip supply chain demand.


