Finally tested Babylon's big unlock: Trustless Bitcoin Vaults (TBV) is live on public testnet!
No wrapping, no bridging, no custodians. TBV lets you lock native BTC in a Taproot UTXO on Bitcoin itself and borrow USDC/USDT on Ethereum via Aave v4. Your BTC stays on Bitcoin, secured by on-chain rules.
I tried native Bitcoin-backed borrowing on testnet powered by TBV and it just works. You can try here: btc-vaults.testnet.babylonlabs.io and give feedback.
This is how we bring $7.2B+ BTC liquidity to DeFi properly.
@BabylonLabs_io
$BABY
#baby
No wrapping, no bridging, no custodians. TBV lets you lock native BTC in a Taproot UTXO on Bitcoin itself and borrow USDC/USDT on Ethereum via Aave v4. Your BTC stays on Bitcoin, secured by on-chain rules.
I tried native Bitcoin-backed borrowing on testnet powered by TBV and it just works. You can try here: btc-vaults.testnet.babylonlabs.io and give feedback.
This is how we bring $7.2B+ BTC liquidity to DeFi properly.
@BabylonLabs_io
$BABY
#baby