Babylon Chain, the middleware blockchain securing Cosmos-based chains with Bitcoin, just broke $3 billion worth of deposits.
Babylon has seen deposits totaling over 36,100 BTC, worth more than $3.63 billion, as of press time, according to Dune data. The assets were delivered by nearly 88,000 unique depositors. And in the past week, the amount of Bitcoin being deposited jumped by nearly 51.4%.
With nearly $350 million deposited on Dec. 11 and $834 million deposited on Dec. 10, Babylon Chain saw $...