just watched someone get liquidated on $BANK for the third time this week 😁🙆🏻‍♂️

coin went from 0.03 to 0.67🙆 and back down to 0.32 in what feels like days. people are up 2000% then down 50% in the same breath. leverage everywhere, liquidations stacking up, timelines full of people either celebrating or crying depending on the hour.

all that volatility, all that risk people are taking on random alts, meanwhile there's an actual asset sitting in most of our wallets that nobody's doing anything with. bitcoin. the one thing that's actually held value through every cycle, and most of us just let it sit there doing nothing because using it in defi always meant wrapping it or trusting some custodian with it.
that's the part babylon actually fixed.

first thing live with this is native BTC backed borrowing through Aave v4, on public testnet right now. you deposit real bitcoin, borrow usdc or usdt on ethereum against it, and your keys stay in your control the entire time. i tried it myself, no weird permissions, no giving up custody at any step.
babylon isn't new to this either, their staking protocol already hit 7.2b tvl at peak. so this isn't some random experiment, it's a team that's already proven the demand exists.