Something clicked for me this week while stress-testing the @BabylonLabs_io Trustless Bitcoin Vaults (TBV) flow on Aave v4. The mental model I kept using was wrong.

This isn't "another way to put BTC to work", it's closer to Bitcoin finally getting a checking account without leaving the vault. Keys stay with me, coins stay on Bitcoin, and Ethereum-side liquidity still shows up when I need to borrow. $ESPORTS

Adoption signals look healthier than I expected. Institutional BTC held by ETFs crossed 1.4M coins in mid-2026, roughly 6.8% of total supply is now sitting in yield-hungry hands. #baby Babylon's ecosystem is pushing past $11B TVL, and TBV integrations have expanded to 7 partner protocols beyond Aave. Borrow spreads on native BTC collateral are trending 90-140bps tighter than wBTC pools, which tells you where sophisticated flow is heading. $EUL

The $BABY governance layer is what makes this compound. Vault parameters, chain onboarding, oracle choices, all voted on-chain by holders with actual skin in the game.

At what TVL threshold do you think native BTC collateral becomes the default over wrapped versions?