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On this page
  • What is xSolvBTC?
  • Where do I get xSolvBTC?
  • Get xSolvBTC on Sei
  • Method 1: Swap for xSolvBTC on Sei
  • Method 2: Bridge xSolvBTC to Sei via Solv Protocol
  • Supply xSolvBTC on Yei
  • Bridge xSolvBTC out of Sei
  • Method: Cross-chain via Solv Protocol
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Asset Guide - xSolvBTC

Guide to xSolvBTC on Sei

PreviousAsset Guide - SolvBTCNextUSDT Migration Guide

Last updated 1 month ago

What is xSolvBTC?

xSolvBTC is a yield bearing Bitcoin token representing staked Bitcoin in the Babylon ecosystem. Pegged 1:1 with BTC, it enables users to earn Babylon staking rewards while unlocking liquidity and additional yield opportunities across DeFi. Issued by Solv Protocol, xSolvBTC is a liquid asset available across multiple chains and is part of Solv’s broader mission to unify Bitcoin liquidity for DeFi participation.

Where do I get xSolvBTC?

You can get xSolvBTC from:

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

  • Solv Protocol by staking SolvBTC into the Babylon ecosystem.

  • Bridging from supported EVM chains where SolvBTC and xSolvBTC are available.


The following are available as of April 20, 2025

Get xSolvBTC on Sei

Method 1: Swap for xSolvBTC on Sei

  1. Swap via Symphony.

    • Navigate to Symphony.

    • Swap any asset for xSolvBTC.

Method 2: Bridge xSolvBTC to Sei via Solv Protocol

  1. Get xSolvBTC on Solv Finance.

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

    • Navigate to Solv Protocol.

    • Deposit wBTC to mint SolvBTC.

    • Stake SolvBTC for xSolvBTC.

  2. Bridge xSolvBTC to Sei.

    • Navigate to the Cross Chain tab on Solv.

    • Select your source chain and Sei as the destination.

    • Review the bridge recommendation and proceed.

    • Approve the transaction.


Supply xSolvBTC on Yei

  1. Deposit xSolvBTC.

    • Navigate to the Yei Finance dashboard.

    • Select Solv Market.

      • Locate xSolvBTC and click "Supply".

    • Enter the amount and confirm the transaction.0

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


Bridge xSolvBTC out of Sei

Method: Cross-chain via Solv Protocol

How do redemptions work for xSolvBTC?

Redeem your xSolvBTC by submitting a request on the Solv platform. Processing occurs three times monthly:

  • Requests submitted from the 1st to the 9th → Processed on the 20th

  • Requests submitted from the 10th to the 19th → Processed on the end of the month

  • Requests submitted from the 20th to the end of the month → Processed on the 10th of the following month

🔹 If a processing date falls on a weekend, it shifts to the next business day. A 0.2% redemption fee applies, unlocking expanded DeFi opportunities.

  1. Bridge out via Solv Protocol.

    • Navigate to the Solv Cross Chain tab.

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

    • Review the bridge recommendation and proceed.

    • Approve the transaction.

  2. Unstake xSolvBTC for SolvBTC.

    • Navigate to the xSolvBTC page.

    • Select "Unstake" and approve the withdrawal.

    • Confirm the redemption and wait for the unlock period.

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

    • 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.

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