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Babylon to launch Trustless Bitcoin Vault testnet enabling safer Bitcoin-backed DeFi borrowing in late May

Protocol Fundamentals
20 May 2026
Blockonomi
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Bullish
pluang ai news

Babylon plans to launch the public testnet for its Trustless Bitcoin Vault (TBV) protocol in the last week of May. The TBV enables Bitcoin holders to engage in DeFi borrowing without using bridges or wrapped Bitcoin, reducing risks and maintaining native Bitcoin ownership. The protocol has improved deposit times to about three hours and lowered transaction costs by over three times. Babylon is also revising its BABY token for governance and staking, with security audits ongoing, aiming to boost institutional interest and broader adoption of Bitcoin-backed DeFi.

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