Bitcoin 
Ethereum 
Tether 
BNB 
XRP 
USDC 
Solana 
TRON 
Lido Staked Ether 
Figure Heloc 
Dogecoin 
WhiteBIT Coin 
Cardano 
USDS 
Bitcoin Cash 
Wrapped stETH 
LEO Token 
Hyperliquid 
Wrapped Bitcoin 
Monero 
Binance Bridged USDT (BNB Smart Chain) 
Canton 
Wrapped Beacon ETH 
Chainlink 
Ethena USDe 
Stellar 
Wrapped eETH 
USD1 
Rain 
sUSDS 
Hedera 
PayPal USD 
Dai 
Coinbase Wrapped BTC 
Litecoin 
Avalanche 
Zcash 
WETH 
Sui 
Shiba Inu 
Cronos 
USDT0 
World Liberty Financial 
Toncoin 
Tether Gold 
MemeCore 
Polkadot 
PAX Gold 
Uniswap 
Ethena Staked USDe 
Mantle 
BlackRock USD Institutional Digital Liquidity Fund 
Circle USYC 
Global Dollar 
Aster 
Falcon USD 
Bittensor 
Aave 
OKB 
Pi Network 
Sky 
syrupUSDC 
Bitget Token 
Ripple USD 
Pepe 
NEAR Protocol 
HTX DAO 
Ethereum Classic 
Internet Computer 
BFUSD 
Ondo 
Superstate Short Duration U.S. Government Securities Fund (USTB) 
Gate 
POL (ex-MATIC) 
Pump.fun 
Worldcoin 
KuCoin 
Jupiter Perpetuals Liquidity Provider Token 
Provenance Blockchain 
Midnight 
Morpho 
Cosmos Hub 
Jito Staked SOL 
Ethena 
NEXO 
Kelp DAO Restaked ETH 
USDtb 
Official Trump 
Binance-Peg WETH 
Flare 
Rocket Pool ETH 
Spiko EU T-Bills Money Market Fund 
Kaspa 
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Algorand 
OUSG 
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Aptos 
Function FBTC 
Filecoin 
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USDD 
Render 
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syrupUSDT 
Stable 
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Beldex 
pippin 
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Jupiter 
Janus Henderson Anemoy Treasury Fund 
Usual USD 
Polygon Bridged USDC (Polygon PoS) 
Decred 
Solv Protocol BTC 
GHO 
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Bonk 
A7A5 
TrueUSD 
clBTC 
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Fasttoken 
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USDai 
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tBTC 
Pudgy Penguins 
Dash 
WrappedM by M0 
Tezos 
JUST 
Kinesis Gold 
Power Protocol 
First Digital USD 
Ether.fi 
LayerZero 
Mantle Staked Ether 
Curve DAO 
c8ntinuum 
Polygon PoS Bridged DAI (Polygon POS) 
USX 
Resolv wstUSR 
Lighter 
COCA 
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Chiliz 
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PRIME 
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BitTorrent 
ADI 
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L2 Standard Bridged WETH (Base) 
SPX6900 
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Bitcoin SV 
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IOTA 
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crvUSD 
Binance-Peg XRP 
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Maple Finance 
The Graph 
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Olympus 
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Jupiter Staked SOL 
FLOKI 
Savings USDD 
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Optimism 
DoubleZero 
Marinade Staked SOL 
Lido DAO 
Arbitrum Bridged WETH (Arbitrum One) 
BTSE Token 
Conflux 
Telcoin 
Terra Luna Classic 
Staked Aave 
Venice Token 
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.
