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Binance has officially listed BABY, the native token of the newly launched Babylon Genesis blockchain. The listing follows the Babylon Foundation’s successful airdrop of 600 million BABY tokens to early adopters and contributors.
Dubbed as the “world’s first Bitcoin-secured Layer-1 blockchain,” Babylon Genesis aims to unlock the latent potential of Bitcoin by allowing BTC holders to stake their coins and help secure the network. In return, stakers receive BABY tokens, marking a novel integration of Bitcoin’s security model with the flexibility of Proof-of-Stake systems.
According to Babylon’s official statement on X, this innovative model positions the Babylon protocol as a foundational infrastructure layer for Bitcoin, addressing the long-standing limitation of Bitcoin’s programmability without compromising its robust security.
Babylon Genesis is Live: Secured by Bitcoin to Unite the Decentralized World
— Babylon (@babylonlabs_io) April 10, 2025
Babylon Genesis, the world’s first L1 blockchain secured by Bitcoin, officially launches today.
This launch cements the Babylon Bitcoin staking protocol as the foundational infrastructure layer for… pic.twitter.com/tPXa8npbWH
The recent airdrop, which accounts for 6% of BABY’s total supply of 10 billion tokens, is designed to reward early community members and decentralize governance from the outset. The foundation confirmed that there are no transfer restrictions on the airdropped tokens, enabling recipients to trade or stake their BABY immediately.
Dear Babylonian, the Babylon Foundation is happy to announce that the airdrop has just been successfully executed! You should be able to see your BABY in your wallet very soon. There is no transfer restrictions on your BABY. You could also stake your BABY to secure Babylon…
— Babylon Foundation (@bbn_foundation) April 10, 2025
Binance began trading BABY on April 10, 2025, at 10:00 UTC, with trading pairs available in USDT, USDC, BNB, FDUSD, and TRY. The exchange has labeled BABY with its “Seed Tag,” which alerts users that the token is in an early, potentially high-risk phase.
Also Read: Bitcoin Inflows to Binance Reach $1.82B as CPI and Trump’s Tariff Policy Shake Market Sentiment
The listing on Binance not only offers immediate liquidity for BABY holders but also adds significant visibility to Babylon Genesis as it steps into the competitive Layer-1 blockchain arena. As of writing, BABY is priced at $0.1032 with a market cap of $234 million, according to CoinMarketCap.
With a pioneering approach to Bitcoin staking and a strong entry on Binance, Babylon Genesis may be poised to play a key role in the next wave of decentralized infrastructure.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
