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Messari· 2025-09-26 15:03
State of @babylonlabs_io Q2Key Update: Babylon Genesis launched as the first Bitcoin Supercharged Network, activating stake slashing and paving the way for Bitcoin to secure multiple chains.QoQ Metrics 📊• Bedrock TVL ⬆️ 21.2%• Bedrock net deposits ⬆️ 839 BTC• LBTC DeFi utilization rate ⬆️ 77%Read the full report 👇Alexander (@ahbeaudry):Despite a 13% QoQ drop in BTC TVL, @babylonlabs_io remains the 4th largest holder of bitcoin after major ETFs. Here are a few of the major updates this quarter:1. Genesis mai ...