State of @babylonlabs_io Q1

Key Update: Babylon Genesis launched as the first Bitcoin Supercharged Network, paving the way for Bitcoin-based security across multiple blockchains.

QoQ Metrics 📊

• Bitcoin staking TVL ⬆️ to 57,167 BTC (0.29% of BTC supply)

• Total liquid staked BTC ⬆️ 14.6% QoQ

• Lombard's TVL ⬆️ 32% QoQ to 21,062 BTC

Read the full report 👇

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