Just spent some time looking into Trustless Bitcoin Vaults (TBV) from @BabylonLabs_io and it actually feels different from the usual Bitcoin DeFi stuff.
Normally if you want to borrow against BTC you have to wrap it, bridge it, or hand it to some custodian.
With TBV you lock native Bitcoin into a self-custodial vault on the Bitcoin chain itself, the collateral state becomes verifiable on Ethereum, and you can borrow USDC/USDT through Aave v4 without ever giving up custody.
No wrapping, no bridges, no intermediaries.
The public testnet is live right now so you can try the full flow yourself lock some test BTC, activate the collateral, borrow, repay, and unlock.
Takes a bit of time for the proofs to settle but the whole design is trustless and code-enforced.
This is the kind of primitive that finally lets Bitcoin stay native while still participating in real on-chain credit markets. $BABY sits at the center of the Babylon ecosystem that makes this possible.
Pretty clean solution if you’ve been waiting for proper native BTC collateral.
#baby
Normally if you want to borrow against BTC you have to wrap it, bridge it, or hand it to some custodian.
With TBV you lock native Bitcoin into a self-custodial vault on the Bitcoin chain itself, the collateral state becomes verifiable on Ethereum, and you can borrow USDC/USDT through Aave v4 without ever giving up custody.
No wrapping, no bridges, no intermediaries.
The public testnet is live right now so you can try the full flow yourself lock some test BTC, activate the collateral, borrow, repay, and unlock.
Takes a bit of time for the proofs to settle but the whole design is trustless and code-enforced.
This is the kind of primitive that finally lets Bitcoin stay native while still participating in real on-chain credit markets. $BABY sits at the center of the Babylon ecosystem that makes this possible.
Pretty clean solution if you’ve been waiting for proper native BTC collateral.
#baby