Babylon, the layer-1 blockchain that pioneers Bitcoin staking, has recently announced the conclusion of its Testnet-5, scheduled for October 9th, marking the beginning of Testnet-6. New users can join the Testnet-6 to earn $BABY, the network’s native token.
This article serves as a comprehensive guide to the Babylon airdrop, detailing the steps to claim it, verifying eligibility, and providing additional information such as the launch date, withdrawal process, and more. Let’s get started.
What is Babylon?
Before we get into the details of the airdrop, let’s check what Babylon actually is. Babylon allows the Bitcoin hodlers to earn rewards by staking their BTC without the requirement of smart contracts. Babylon cryptographically emulates smart contract-like behaviour so that the holders can stake their BTC while maintaining the self-custody of the assets. The staking rewards will be in $BABY, which can also be staked to earn extra rewards.
Beyond staking, BABY tokens can also be used for governance purposes. As a decentralized network, holders can participate in the core decision-making process. Also, BABY can be used to reduce the gas fee of the transactions inside the network.
How Does the Babylon Airdrop Work?
Babylon airdrop works by rewarding the users who participate in the network by staking their BTC. Around 57246.72 BTC, valued at $7.13 billion, has already been staked in Babylon as of today. Participants can stake their BTC and participate in the Testnet-6 activities to earn rewards in $BABY.
Is Babylon Airdrop Free? Full Eligibility Criteria
As a staking plus testnet airdrop, Babylon demands that the participants stake either their BTC or BABY coins. Also, additional transaction fees (minimal) will be there. But there is no minimum staking amount, it is not a free-to-participate airdrop. Also, you need to create a $BABY wallet address to receive the rewards. Other than this, no specific eligibility is needed to partake.
It is important to remember that airdropped tokens may have tax implications. According to the IRS FAQ on virtual currency transactions (airdrop tax treatment) and the IRS Revenue Ruling 2019-24 airdrops and hard forks, airdrops can be treated as taxable income.
How to Claim the Babylon Airdrop? Step-by-Step Guide
A beginner-friendly guide for Babylon Airdrop participation is provided below.
- Access the official website of Babylon Labs and tap “Staking Interface.”
- Click “Connect Wallets” in the top-right corner.
- Accept the Terms & Conditions, and tap “Next.”
- Choose either the BTC wallet or the BABY wallet.
- If you don’t have a BABY wallet, tap “Create Wallet.”
- After connecting the wallet, navigate back to the staking interface.
- Input the amount you wish to stake.
- Complete the process by approving the authentication requests.
How to Withdraw Your Earnings? $BABY Price
After the initiation of the staking process, you will start receiving the rewards in $BABY. As a token that has been trading since May 2025, you can access the listed centralized or decentralized exchanges to swap your $BABY. The current price is $0.95246, and market observers anticipate a bullish trend soon. Top centralized exchanges that facilitate BABY trading are listed below.
- Binance – BABY/USDT and BABY/USDC
- Bybit – BABY/USDT
- Upbit – BABY/BTC
- OKX – BABY/USDT
- Bitget – BABY/USDT
- Gate – BABY/USDT
- MEXC – BABY/USDT
- KuCoin – BABY/USDT
- Kraken – BABY/USD
Babylon Airdrop Launch Date & End Date
The testnet airdrop is ending its 5th phase on October 9th. According to the insider sources, the Testnet-6 will begin on the same day. Most probably, it will continue till the end of the year. You can follow the official X (Twitter) handle of Babylon Labs to stay updated on the airdrop.
? Testnet update
— Babylon (@babylonlabs_io) October 2, 2025
Testnet-5 will be sunset on Oct 9 and replaced with Testnet-6, keeping everything aligned with the upcoming Babylon Genesis release.
? Please unbond and withdraw your Signet BTC from Testnet-5 before 10/9.
? Instructions for joining Testnet-6 will be shared…
Final Thoughts: Is This a Legit Airdrop?
Babylon seems like a trustworthy platform. David C, co-founder of Babylon, is a reputed Stanford professor, and the platform has secured more than 57K BTC for staking, which is appreciable. However, it is important to do your own research to verify its genuineness through your first-hand experience. Always DYOR, and happy airdropping!
