#baby $BABY I’ve been looking at BABY’s liquidity lately, and honestly the CEX-heavy volume dont look like a weakness to me yet.
Babylon’s combined trading activity is around 19x its DEX volume, so yeah, most of the action is still happening on centralized exchanges.
But for a growing token, thats not really surprising.
What matters to me is whether Babylon can slowly turn that activity into deeper on-chain liquidity, better execution and less dependence on centralized exits.
And this is where things get interesting.
Native Bitcoin-backed borrowing with Aave v4 is now live on the public testnet. You can test the flow, share feedback and see how borrowing against native BTC actually feels.
For me, this is bigger than just trading volume.
If Babylon can connect native BTC, borrowing and DeFi liquidity in a simple way, the real adoption story could be much stronger than today’s DEX numbers suggest.
I’m watching the on-chain growth closely. 👀
@BabylonLabs_io #HFT
#Quidax #BTC
Babylon’s combined trading activity is around 19x its DEX volume, so yeah, most of the action is still happening on centralized exchanges.
But for a growing token, thats not really surprising.
What matters to me is whether Babylon can slowly turn that activity into deeper on-chain liquidity, better execution and less dependence on centralized exits.
And this is where things get interesting.
Native Bitcoin-backed borrowing with Aave v4 is now live on the public testnet. You can test the flow, share feedback and see how borrowing against native BTC actually feels.
For me, this is bigger than just trading volume.
If Babylon can connect native BTC, borrowing and DeFi liquidity in a simple way, the real adoption story could be much stronger than today’s DEX numbers suggest.
I’m watching the on-chain growth closely. 👀
@BabylonLabs_io #HFT
#Quidax #BTC