The Revival of Cosmos Hub, IBC Eureka, Babylon Mainnet, and More!
President Trump's recent implementation of reciprocal tariffs has triggered a massive sell-off in stocks and crypto markets. Investors are pulling money from riskier assets amid fears that a trade war could harm the global economy. Market volatility will remain until more clarity on how other countries will respond.
On the bright side, Cosmos is gaining momentum with:
The revival of Cosmos Hub — IBC Eureka, OTC demand, EVM apps traction, and more
Babylon chain mainnet launch
Sentinel dVPN ranking #2 in the Russian App Store
USD yield farming opportunities
Hyperlane and Arkeo airdrops
Let’s dive in!
Major News
IBC Eureka Is Live & The Revival of Cosmos Hub
IBC Eureka is officially live! It brings fast, low-cost, and seamless interoperability between Ethereum and Cosmos SDK blockchains. This enables:
One-click transfers between Ethereum, Cosmos, and Babylon — faster than Ethereum finality
Send from Ethereum for as little as $1
Cosmos Hub acts as the coordination layer and transaction router
Try it out here: https://go.cosmos.network/
With IBC Eureka, Cosmos Hub is evolving into a service provider for appchains, empowering partners with superpowers. How?
IBC Eureka will make the Hub the ultimate router for the crypto world. Instead of deploying on 150+ chains, you can launch on the Hub and deliver your services via IBC.
ATOM-aligned projects are actively buying and using ATOM within their ecosystems.
Cosmos EVM docs are now live and maintained by Interchain Labs. Existing apps on ETH L2s (namely Optimism) are interested in migrating to Cosmos.
New apps — like Manic.Fun, are coming to the Hub.
OTC interest in ATOM has returned for the first time in years.
Babylon Mainet Is Live
Babylon began as a Bitcoin timestamping protocol and has since evolved into the first Bitcoin staking protocol. With the launch of Babylon Chain Genesis, it becomes the first-ever Bitcoin-secured network (BSN).
Airdrop Highlights:
6% of the total supply was airdropped to early adopters
BABY tokens were directly transferred to registered BABY addresses at Genesis
Read more about the airdrop criteria here
BABY Tokenomics:
Total supply: 10B
Inflation: 8% — split evenly between BTC stakers and BABY stakers
Security: Powered by both BABY holders and Bitcoin stakers
Investor lock-up: Locked tokens cannot be staked during the first year
More details on the tokenomics can be found here
Watch our recent interview with Babylon co-founder David Tse to learn more about Babylon, BSN, and the differences between Babylon and EigenLayer:
Interesting Numbers & Charts
ICF Treasury Snapshot — March 2025
The ICF Treasury currently holds $247M across fiat, BTC, ETH, ATOM, Celestia, and other smaller positions. This gives Interchain Foundation a strong financial runway—enough to support development and drive long-term value for the ATOM ecosystem.
Read the blog post by ICF here.
Sentinel dVPN Network Stats
Sentinel dVPN, a Cosmos-based chain, powers decentralized VPN apps and provides a data layer for AI agent data scraping.
Sentinel dVPN rank #2 on Apple TV in the Russian App Store.
March 2025 highlights:
57,938 unique users
15,600 active nodes
318 TB of data consumed
Check it out here.
DeFi, NFTs & Apps: Have you tried these?
USDC Yields Farming Opportunity
Here are three ways to earn yields on your USDC within the Cosmos ecosystem:
Lend USDC on Nolus – Earn 16.7% APR. Check it out here.
Stake Noble USDN in Noble Vault – Convert USDC to USDN and earn 13.9% APY. Check it out here.
Deposit into dYdX MegaVault – Earn 15% APR via a delta-neutral strategy. This strategy has a higher risk than the above options—make sure you understand the mechanics before depositing. Check it out here.
Llama 4 Maverick Is Live on Akash Chat
Meta’s latest AI model, Llama 4 Maverick, is now available on Akash Chat—bringing advanced features like voice input and branching conversations.
Try it out here.
Airdrops Alpha
Hyperlane Airdrop — Register by April 14
Hyperlane is a cross-chain messaging protocol designed for dApps and developers, enabling secure communication and data transfer across blockchains.
Airdrop registration is open until April 14.If you’ve used Hyperlane before, check your HYPER airdrop eligibility here.
Need help? Watch this tutorial.
Arkeo Network Airdrop
The Arkeo mainnet is live! Arkeo Network is a decentralized platform offering access to blockchain data through a free-market model.
Arkeo is doing an airdrop for ATOM, OSMO, RUNE and FOX holders. The airdrop claim is open for 60 days. Check your eligibility and claim the airdrop here.
Watch this tutorial on how to claim your Arkeo airdrop:
Good Reads, Minor News & Podcasts
Minor News:
Neutron Mercury upgrade - 11x higher throughput, sovereign governance, 1.5s block times, and NTRN liquid staking.
Mantra launches 108M ecosystem fund - Mantra partnered with leading incubators, accelerators and capital partners to propel real-world asset innovation, adoption and growth.
Echos.fun will be sunset on May 1st - Be sure to withdraw your funds before then.
Keplr supports native BTC - Update your Keplr extension, add Bitcoin chin to your wallet and try it out!
Noble Points Program Leaderboard is live - Deposit USDN into Noble Vaults to earn APR or Noble points.
Osmosis to become a Bitcoin Secured Network (BSN) - Proposal live on the Osmosis forum.
Good Read:
Initia: The Interwoven Economy - Overview of Initia, their ecosystem and INIT airdrop.