Asset Guide - SolvBTC

Guide to SolvBTC on Sei

What is SolvBTC?

SolvBTC is a BTC asset issued by Solv Protocol, designed to maximize Bitcoin’s capital efficiency while maintaining a decentralized and composable structure. It is primarily available on Sei, Ethereum, and other EVM-compatible networks.

Where do I get SolvBTC?

You can get SolvBTC from:

• On-chain swaps via Sei-based DEXs like Sailor and Symphony.

• Solv Protocol by depositing BTC or wBTC.

• Other DEXs like Uniswap and 1inch (EVM).

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The following are available as of April 20, 2025

Get SolvBTC on Sei

Method 1: Swap for SolvBTC on Sei

1. Swap via Symphony.

   • Navigate to Symphony.

   • Swap any asset for SolvBTC.

   

   • Approve the transaction.

Method 2: Bridge SolvBTC to Sei via Solv Protocol

1. Get SolvBTC on Solv Finance.

   • Acquire wBTC from a CEX or swap on a DEX.

   • Navigate to Solv Protocol.

   

   • Deposit wBTC to mint SolvBTC.

   

   • Approve the transaction.

   
2. Bridge SolvBTC to Sei.

   • Navigate to Cross-Chain tab on Solv.

   

   • Select your source chain and Sei as the destination.

   

   • Review the bridge recommendation and proceed.

   

   

   (For users with >1 BTC, consider using Free Tunnel for less slippage.)

   • Approve the transaction.

   

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Supply SolvBTC on Yei

1. Navigate to the Yei Finance dashboard.

2. Select Solv Market.

   

   • Locate SolvBTC, and click "Supply".

3. Enter the amount and confirm the transaction.

🎉 That’s it! You are now utilizing your SolvBTC to earn rewards and Yei points.

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Bridge SolvBTC out of Sei

Method: Cross chain via Solv Protocol

1. Bridge out via Solv Protocol.

   • Navigate to Solv Cross Chain tab.

   • Select Sei as the source chain and choose your destination chain.

   • Review the bridge recommendation.

   

   • Approve the transaction.

   

   

   (For users with >1 BTC, consider using Free Tunnel for less slippage
2. Redeem wBTC on Solv Protocol.

   • Navigate to the SolvBTC page.

   • Select "Withdraw" and approve the withdrawal.

   

   • Confirm the redemption and wait for the 7-day unlock period.

   

   • Navigate to the portfolio page to claim wBTC after the waiting period.

For large transfers, start with a small test transaction to ensure a smooth process. Once comfortable, gradually increase the amount. Performing multiple test transactions is recommended to understand how the bridge operates.