BabylonLabs has climbed to the 9th position in DeFi rankings with over 57K BTC staked.Babylon's Bitcoin staking solution has contributed to its rapid rise in the DeFi ecosystem.The successful completion of Cap-3 marks the end of Babylon's Mainnet Phase-1.Babylon's innovative use of Bitcoin for staking and growing user base position it as a leading force in the DeFi sector.