SatLayer Launching on Babylon Genesis Mainnet, Bringing Liquidity and Security to Applications and Infrastructure While Boosting Bitcoin Rewards
British Virgin Islands, British Virgin Islands, April 11th, 2025, Chainwire
Shortly after the launch of Babylon Genesis — the world’s first L1 secured by Bitcoin — and its native token BABY, SatLayer has launched Phase I of its Mainnet, together with Cube, a Babylon-native liquid staking solution for Babylon Genesis’ BABY token.
As Babylon Labs’ only designated restaking provider, SatLayer plays a critical role in bringing Bitcoin’s massive liquidity and economic security beyond L1/L2 chains, to applications and infrastructure as well. Starting with apps and infrastructure on Babylon Genesis, and very soon any leading L1/L2 ecosystem, SatLayer unlocks key use cases such as under-collateralized loans, slashing insurance, and on-chain prime brokerage.
“We’re excited about SatLayer’s launch on Babylon and what this means for BTC-powered applications and infrastructure,” said Fisher Yu, co-founder of the Babylon Bitcoin staking protocol, “SatLayer will help expand the Babylon Genesis ecosystem, and we’re looking forward to seeing what SatLayer and their other integrators will build on Babylon Genesis.”
To support the launch of Babylon Genesis and the BABY token, SatLayer has also developed Cube, a Babylon-native liquid staking solution that facilitates staking of Babylon Genesis’ native token, BABY. Cube enables users to easily liquid-stake BABY and receive cBABY, a liquid staking token that can be used to earn additional reward by depositing it into SatLayer and downstream DeFi protocols such as Tower, a Babylon Genesis’ DEX, or lending protocols. Since Cube is built natively on Babylon Genesis, it provides the best user experience without the need for bridging. This allows users to strengthen the security of Babylon Genesis while also supporting the growth of SatLayer and Babylon Genesis’ ecosystems while earning 2 or more sets of rewards (from Babylon Bitcoin staking protocol, SatLayer, and optional downstream DeFi protocols).
“Beyond native $BABY staking, the introduction of $cBABY with the launch of Cube creates a multiplier effect on $BABY’s efficiency and yield generation,” said Luke Xie, co-founder of SatLayer. “Our goal is to connect the broader ecosystem in a way that scales security alongside adoption, without requiring a proportional increase in locked capital.”
Launching with $250M+ in BTC deposited, SatLayer will provide a strong foundation for Bitcoin DeFi and accelerate Bitcoin’s transformation into a programmable asset with broad utility throughout the crypto ecosystem. Through this process, SatLayer helps unlock trillions of dollars worth of idle Bitcoin, providing new ways for nation-states, institutions, and everyday users to earn multiple sources of yield on their BTC.
About SatLayer
SatLayer is the leading protocol unlocking Bitcoin’s full potential for liquidity, economic security, and capital efficiency via restaking. By deploying as a set of smart contracts on Babylon, SatLayer enables full programmability of slashing conditions, such as node liveness and challenge proofs, for Bitcoin, the most pristine asset and collateral.
This framework allows apps and infrastructure, such as bridges, DEXs, launchpads, and oracles to be crypto-economically secured by restaked BTC as Bitcoin Validated Services.
For more information about SatLayer, please visit:
Website | Twitter | Discord | Linkedin
About Babylon Labs
Babylon Labs focuses on Bitcoin security-sharing protocols with a vision of building a Bitcoin-secured decentralized world. The latest software development is the world’s first trustless and self-custodial Bitcoin staking protocol, which enables Bitcoin holders to stake their BTC on other decentralized systems such as PoS chains, L2s, Data Availability (DA) layers, etc, enabling stakers to earn staking rewards without the need for third-party custody, bridge solutions, or wrapping services. The greater idea is to combine the high security and wide adoption of Bitcoin with the efficiency and scalability of PoS systems, increasing Bitcoin’s utility.
For more information about Babylon Labs, a developer of the Babylon Bitcoin staking protocol, please visit: