Bitcoin 
Ethereum 
Tether 
XRP 
BNB 
USDC 
Solana 
TRON 
Lido Staked Ether 
Dogecoin 
Figure Heloc 
WhiteBIT Coin 
Bitcoin Cash 
Cardano 
USDS 
Wrapped stETH 
LEO Token 
Hyperliquid 
Wrapped Bitcoin 
Monero 
Binance Bridged USDT (BNB Smart Chain) 
Ethena USDe 
Wrapped Beacon ETH 
Chainlink 
Canton 
Stellar 
Wrapped eETH 
USD1 
Zcash 
sUSDS 
Litecoin 
Hedera 
Dai 
Coinbase Wrapped BTC 
Avalanche 
PayPal USD 
Shiba Inu 
WETH 
Sui 
Toncoin 
Rain 
USDT0 
Cronos 
World Liberty Financial 
Tether Gold 
MemeCore 
PAX Gold 
Polkadot 
Uniswap 
Ethena Staked USDe 
Mantle 
BlackRock USD Institutional Digital Liquidity Fund 
Aave 
Aster 
Falcon USD 
Bitget Token 
OKB 
Bittensor 
Pepe 
Sky 
Circle USYC 
syrupUSDC 
Global Dollar 
HTX DAO 
Ripple USD 
Pi Network 
Ethereum Classic 
NEAR Protocol 
Internet Computer 
BFUSD 
Ondo 
Pump.fun 
Gate 
Worldcoin 
KuCoin 
POL (ex-MATIC) 
Cosmos Hub 
Jupiter Perpetuals Liquidity Provider Token 
Provenance Blockchain 
Ethena 
Superstate Short Duration U.S. Government Securities Fund (USTB) 
Midnight 
Jito Staked SOL 
Kaspa 
NEXO 
Kelp DAO Restaked ETH 
Algorand 
USDtb 
Binance-Peg WETH 
Flare 
Rocket Pool ETH 
Official Trump 
Spiko EU T-Bills Money Market Fund 
Binance Bridged USDC (BNB Smart Chain) 
Aptos 
XDC Network 
Wrapped BNB 
Filecoin 
Function FBTC 
Janus Henderson Anemoy AAA CLO Fund 
Render 
VeChain 
OUSG 
Ondo US Dollar Yield 
syrupUSDT 
Arbitrum 
USDD 
Morpho 
Binance Staked SOL 
Beldex 
pippin 
Usual USD 
Janus Henderson Anemoy Treasury Fund 
Bonk 
USDai 
Polygon Bridged USDC (Polygon PoS) 
MYX Finance 
Solv Protocol BTC 
GHO 
Lombard Staked BTC 
A7A5 
Sei 
Jupiter 
clBTC 
TrueUSD 
Stacks 
Dash 
Fasttoken 
EURC 
Tezos 
StakeWise Staked ETH 
PancakeSwap 
Chiliz 
Kinetiq Staked HYPE 
tBTC 
Kite 
Humanity 
WrappedM by M0 
Pudgy Penguins 
Decred 
Stable 
Lighter 
Story 
Optimism 
First Digital USD 
Mantle Staked Ether 
Virtuals Protocol 
Kinesis Gold 
Polygon PoS Bridged DAI (Polygon POS) 
LayerZero 
Resolv wstUSR 
Artificial Superintelligence Alliance 
COCA 
Curve DAO 
c8ntinuum 
JUST 
Liquid Staked ETH 
River 
Arbitrum Bridged WBTC (Arbitrum One) 
BitTorrent 
Bitcoin SV 
Gnosis 
Kaia 
Wrapped Flare 
Ether.fi 
AINFT 
L2 Standard Bridged WETH (Base) 
Sun Token 
Steakhouse USDC Morpho Vault 
Maple Finance 
USX 
Injective 
JasmyCoin 
Lido DAO 
Binance-Peg XRP 
The Graph 
Ether.Fi Liquid ETH 
FLOKI 
Renzo Restaked ETH 
Celestia 
ADI 
sBTC 
IOTA 
PRIME 
crvUSD 
Jupiter Staked SOL 
Kinesis Silver 
Savings USDD 
Pyth Network 
SPX6900 
Aerodrome Finance 
Marinade Staked SOL 
DoubleZero 
Arbitrum Bridged WETH (Arbitrum One) 
Telcoin 
Legacy Frax Dollar 
Olympus 
Conflux 
Staked Aave 
Starknet 
SatLayer, a Bitcoin (BTC) utility and security platform, has launched the “Phase I” of its mainnet, as well as Cube, a Babylon Genesis (BABY) liquid staking solution, according to the latest reports shared with Finbold on Friday, April 11.
Launching with over $250 million in BTC deposited, SatLayer will lay a stronger foundation for Bitcoin decentralized finance (DeFi) and help transform BTC into a programmable asset with more utility in the ecosystem.
By doing so, SatLayer also unlocks trillions of dollars worth of idle Bitcoin to give nation-states, institutions, and individual traders more yield-earning opportunities.
Bitcoin liquidity and security
As a decentralized restaking app on Babylon, SatLayer helps bring BTC liquidity and security characteristic of Layer 1 and (L1) Layer 2 (L2) chains to decentralized applications (dApps) and infrastructure as well.
Starting with Babylon Genesis and preparing to support other leading L1/L2 ecosystems in the future, SatLayer promises use cases such as under-collateralized loans, slashing insurance, and on-chain prime brokerage.
To support the launch of Babylon Genesis and its native BABY token, SatLayer has developed Cube, a Babylon-native liquid staking solution that enables users to liquid-stake BABY and receive cBABY, a liquid staking token.
cBABY token utility
cBABY can be used to earn additional rewards when deposited into SatLayer and downstream DEFI protocols such as Tower, a Babylon Genesis decentralized exchange (DEX), or lending protocols.
Luke Xie, co-founder of SatLayer, also noted the team’s desire to drive adoption with the token:
“Beyond native BABY staking, the introduction of cBABY with the launch of Cube creates a multiplier effect on BABY’s efficiency and yield generation. Our goal is to connect the broader ecosystem in a way that scales security alongside adoption, without requiring a proportional increase in locked capital.”
Since Cube is built natively on Babylon Genesis, users can strengthen the security of the ecosystem by staking while also supporting the growth of both SatLayer and Babylon Genesis and earning rewards.
