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:
Solv Protocol by depositing BTC or wBTC.
Other DEXs like Uniswap and 1inch (EVM).
The following are available as of April 20, 2025
Get SolvBTC on Sei
Method 1: Swap for SolvBTC on Sei
Method 2: Bridge SolvBTC to Sei via Solv Protocol
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.
Bridge SolvBTC 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.
(For users with >1 BTC, consider using Free Tunnel for less slippage.)
Approve the transaction.
Supply SolvBTC on Yei
Navigate to the Yei Finance dashboard
🎉 That’s it! You are now utilizing your SolvBTC to earn rewards.
Bridge SolvBTC out of Sei
Method: Cross chain via Solv Protocol
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
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.
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