The current TVL (Total Value Locked) in Babyswap vaults is indeed very low. This is likely due to the fact that the project is still relatively new and is not as widely known or used as some of the other DeFi protocols. However, this also presents an opportunity for investors to get in early and take advantage of the potential for higher returns. As the project gains more traction and visibility, the TVL is likely to increase, providing investors with the potential for much higher returns. Additionally, the low TVL also means that the fees associated with using Babyswap are much lower than other DeFi protocols, which is an attractive feature for investors.