DiscontinuedDeFi asset managementEthereum2021–2022
Babylon Finance
Recuero reported a three-quarter drop in managed assets
A protocol that let groups pool assets and manage DeFi investment strategies.
- Capital raised (announced)
- Reported figures differ
Conflicting cumulative funding reports.
People
| Name | Role | Period | Now | Last checked |
|---|---|---|---|---|
| Ramon Recuero | — | Not established | Oct 2026 |
How it ended
Founder Ramon Recuero attributed the wind-down to the Rari exploit and difficult market conditions. CryptoSlate reported that the website and user withdrawals would close at the end of the wind-down.
Still alive
Open spot
Babylon Finance is gone. Is your yield protocol still running?
Spotlight your project here.
Sources
3 sources behind this page.
- 1DeFi platform Babylon Finance to shut down as investors flee · CoinGeek · Sep 2022
- 2DeFi protocol Babylon Finance to shut down on Nov. 15 · CryptoSlate · Sep 2022
- 3Babylon Finance company profile and funding · PitchBook · user-editable
Every figure above is clickable and opens the sources behind it. Copies were stored when each source was read, so a citation still resolves after the page it came from is gone.