Babylon (BABY) is a cutting-edge project that enables Bitcoin holders to secure Proof-of-Stake (PoS) blockchains using its Bitcoin Pledge Protocol. Backed by Paradigm and Polychain, Babylon has raised $88 million in funding and has over 56,000 BTC pledged. The BABY token serves as both gas and governance, and it is now listed on CoinW Exchange with a $10,000 USDT reward program to celebrate.
CoinW officially listed the Paradigm and Polychain Backed Babylon (BABY) at 10:00 (UTC) on April 10th and opened the BABY/USDT trading pair. To celebrate the listing of BABY, we are launching the “BABY Bounty Program" event with a reward pool of 10,000 USDT.
Babylon: Securing PoS with Bitcoin
Babylon is a cutting-edge mainnet project designed to enable Bitcoin holders to secure Proof-of-Stake (PoS) blockchains through its innovative Bitcoin Pledge Protocol. By bridging Bitcoin Security Networks (BSNs) with BTC holders, Babylon enhances cross-chain trust without relying on traditional wrapping or pegging mechanisms. Over 56,000 BTC (worth approximately $5.6 billion) have already been pledged through the protocol, making Babylon a standout in the BTCFi track.
BABY, the native token of Babylon Genesis, serves both gas and governance functions, allowing holders to vote on protocol upgrades. Its dual pledge model—using both BABY and BTC—provides a robust, decentralized framework for long-term network security and user engagement.
Supported by Industry Giants with Strong Tokenomics
Babylon has raised $88 million in funding from top-tier investors. In December 2023, it closed an $18 million round led by Polychain Capital and Hack VC, with support from Framework Ventures, OKX Ventures, and others. In May 2024, Paradigm led a $70 million round, cementing Babylon’s position as one of the most well-backed projects in the Bitcoin security space.
The total supply of BABY is 10 billion, with thoughtfully allocated vesting across community incentives (15%), ecosystem building (18%), and R&D operations (18%). Early private investors and team members have multi-year vesting plans, ensuring long-term alignment and preventing early token dumping. Many of these allocations are pledgeable, reinforcing the security model of the Babylon ecosystem.
BABY Listing Celebration: Win Your Share of $10,000 USDT
To celebrate the listing, 10,000 USDT equivalent prize pool has been up for grabs from April 10th, 2025, at 10:00 (UTC) to April 17th, 2024, at 16:00 (UTC). By participating in events such as registration, trading, and community events, CoinW users have the opportunity to share in a prize pool of 10,000 USDT.
To claim your rewards, please click here.
About CoinW
Founded in 2017, CoinW has become a leading global cryptocurrency asset trading platform, serving over 220 million users in 200+ countries. The platform offers one-stop intelligent trading services, with a daily trading volume surpassing $20 billion and ranking 4th in CMC contracts. With over 10 million registered users, CoinW focuses on empowering wealth growth and blockchain innovation, continuously optimizing its product structure. Since 2022, CoinW has expanded its brand influence through international sports sponsorships and a partnership with football legend Andrea Pirlo. Committed to social responsibility, CoinW has donated supplies to orphanages in Africa and supported animal welfare initiatives in Taiwan. Looking ahead, CoinW aims to drive global financial inclusion, lead the cryptocurrency industry, and accelerate the adoption of blockchain technology and digital assets. To learn more about CoinW, you can visit the website, and follow CoinW's X Account, and Telegram Group.
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