Babylon is building trustless infrastructure to make Bitcoin the center of DeFi without wrapped assets or custodians. In Q2–Q3 2025, they launched Babylon Genesis, secured 5B in staked BTC, and entered the top 10 BTC TVL on DeFi Llama. Key innovations include Trustless Bitcoin Vaults (unlocking 2.4T BTC for DeFi), multi-staking, and an EVM launch for cross-chain dApps.(Route 2 FI)