Bitcoin 
Ethereum 
Tether 
BNB 
XRP 
USDC 
TRON 
Lido Staked Ether 
Dogecoin 
Figure Heloc 
Cardano 
Wrapped stETH 
WhiteBIT Coin 
Wrapped Beacon ETH 
Bitcoin Cash 
Wrapped Bitcoin 
Monero 
Wrapped eETH 
USDS 
Chainlink 
Binance Bridged USDT (BNB Smart Chain) 
LEO Token 
WETH 
Coinbase Wrapped BTC 
Stellar 
Ethena USDe 
Sui 
Zcash 
Hyperliquid 
Avalanche 
Litecoin 
USDT0 
Shiba Inu 
Hedera 
Dai 
World Liberty Financial 
Canton 
sUSDS 
Toncoin 
Cronos 
Ethena Staked USDe 
PayPal USD 
USD1 
Polkadot 
Uniswap 
Rain 
Mantle 
MemeCore 
Bitget Token 
Aave 
Tether Gold 
Bittensor 
OKB 
Pepe 
Falcon USD 
Internet Computer 
NEAR Protocol 
Binance-Peg WETH 
Jito Staked SOL 
Ethereum Classic 
PAX Gold 
BlackRock USD Institutional Digital Liquidity Fund 
Ondo 
HTX DAO 
Global Dollar 
Wrapped SOL 
Jupiter Perpetuals Liquidity Provider Token 
Pi Network 
Ethena 
Provenance Blockchain 
Aster 
Circle USYC 
KuCoin 
Pump.fun 
Sky 
Binance Staked SOL 
Ripple USD 
POL (ex-MATIC) 
syrupUSDC 
Rocket Pool ETH 
Wrapped BNB 
Worldcoin 
BFUSD 
Binance Bridged USDC (BNB Smart Chain) 
Aptos 
Kelp DAO Restaked ETH 
Gate 
Arbitrum 
Cosmos Hub 
Quant 
USDD 
Kaspa 
Algorand 
Render 
Function FBTC 
Filecoin 
Lombard Staked BTC 
Official Trump 
Dash 
MYX Finance 
NEXO 
Story 
Solv Protocol BTC 
Midnight 
VeChain 
Liquid Staked ETH 
Mantle Staked Ether 
USDtb 
Flare 
Polygon Bridged USDC (Polygon PoS) 
Bonk 
Superstate Short Duration U.S. Government Securities Fund (USTB) 
WrappedM by M0 
XDC Network 
OUSG 
Arbitrum Bridged WBTC (Arbitrum One) 
Janus Henderson Anemoy AAA CLO Fund 
Sei 
clBTC 
Renzo Restaked ETH 
Morpho 
Ondo US Dollar Yield 
PancakeSwap 
syrupUSDT 
Jupiter Staked SOL 
StakeWise Staked ETH 
Beldex 
USDai 
Pudgy Penguins 
Polygon PoS Bridged DAI (Polygon POS) 
L2 Standard Bridged WETH (Base) 
Jupiter 
Spiko EU T-Bills Money Market Fund 
Tezos 
Optimism 
Usual USD 
Wrapped Flare 
Stacks 
Chiliz 
Curve DAO 
c8ntinuum 
Kinetiq Staked HYPE 
tBTC 
Artificial Superintelligence Alliance 
Virtuals Protocol 
Arbitrum Bridged WETH (Arbitrum One) 
River 
GTETH 
First Digital USD 
A7A5 
GHO 
TrueUSD 
Ether.Fi Liquid ETH 
Fasttoken 
Janus Henderson Anemoy Treasury Fund 
Injective 
Marinade Staked SOL 
Aerodrome Finance 
SPX6900 
Lido DAO 
Ether.fi 
Stader ETHx 
Coinbase Wrapped Staked ETH 
Lighter 
Steakhouse USDC Morpho Vault 
DoubleZero 
Celestia 
FLOKI 
sBTC 
AB 
Starknet 
Staked Aave 
Wrapped ApeCoin 
Cap USD 
BitTorrent 
The Graph 
Maple Finance 
Sun Token 
USDB 
Decred 
Trust Wallet 
Bitcoin SV 
Gnosis 
Conflux 
Resolv USR 
The Sandbox 
JasmyCoin 
crvUSD 
ether.fi Staked ETH 
Ethereum Name Service 
Wrapped STX (Velar) 
Resolv wstUSR 
Kinesis Gold 
Avalanche Bridged BTC (Avalanche) 
IOTA 
AINFT 
EURC 
JUST 
Kinesis Silver 
Olympus 
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.
